We have a singular vision at EZLand: to provide the people of Vietnam with quality housing they can afford. We combine local Vietnamese insights and expertise, European roots, and decades of global knowledge and experience to deliver housing solutions for the modern age.
Vietnam is changing rapidly. Today, it is one of the world’s fastest-growing economies, with GDP growth in urban areas such as Saigon (Ho Chi Minh City) among the fastest in Asia. These demographic and economic developments have led to a shortfall in housing for Vietnam’s upwardly mobile younger generation. EZLand is addressing this shortfall through the provision of quality housing in key areas of Saigon, while providing a wealth of investment opportunities.
With the support of private and institutional capital, an extensive experience in the real estate and finance sectors, EZLand aims to meet the upsurge in demand for housing while building a better future for the people of Vietnam.
Dung Do Ngoc
Chief Executive Officer, EZLand
Olivier Dung Do Ngoc is an astute investor and an inspired entrepreneur. He has received a doctoral degree in Finance from Polytechnic University in Hong Kong and an MBA from Columbia Business School in New York. Before moving to Vietnam in 2007 to set-up his own boutique investment fund he spent 14 years with JPMorgan across in Europe and Asia.
In 2014, Olivier founded EZLand on the back of the successful track record of that first investment fund which focused on various high profile hospitality, real estate, venture capital and private equity projects. He honed his expertise in the development and operation of businesses in Vietnam over the last decade and during this time, forged extensive relationships within the local industry while building his experience in local governance, tax and real estate laws.
Olivier’s Vietnamese and Luxembourgish heritage gives him excellent insight into local and Western cultures, consumer behaviours and real estate markets. He is an active participant in the corporate social responsibility sector and serves on the boards of various domestic and regional companies and has a keen interest in Vietnamese art.
The EZLand Vietnam team is composed of a diverse group of professionals, each with a wealth of experience and a proven track record in the fields of investment and real estate in Vietnam. Most of the team members have worked together for more than five years, building a strong team dynamic and corporate culture.
Through their initial projects under the Haus brand, they have demonstrated that their combined industry expertise, team cohesion and commitment to international standards result in a profound understanding of the local market – creating added value for EZLand’s customers and fund investors in the process.
Each team within the group’s organisation is well-positioned to deliver on the platform provided by EZLand and to capitalise on opportunities created by the fast rise of the urban middle class. All the while, the EZLand management team continues to provide international investors with unique access to the Vietnamese market and its growth story.
The principles that define EZLand:
We are a transparent, credible developer that consumers and partners can trust.
We deliver excellent, long-lasting products that offer a sound investment opportunity.
We strive to be thoughtful in everything we do, from planning to execution.
We have a passionate and unwavering commitment to sustainable development.
TOP CONSUMER NEEDS
The top consideration when buying an apartment unit are:
Apartments priced from VND 1.1 billion - 1.9 billion (USD 48,000 - USD 82,000).
A maximum of 35 minutes transit time to the city.
Guards, CCTV, safe roads, child and fire safety measures.
Parity between what is promised and the final quality of the properties’ materials and finishes.
Good property maintenance and family-friendly facilities.
VIETNAM'S MARKET FUNDAMENTALS
Saigon is the first Vietnamese city to be chosen for development projects by EZLand. The city’s rapidly growing population (averaging 2.28% growth per year) has reached 13 million, including registered and unregistered residents. This growth is increasing demand for apartments, with young couples and families seeking quality affordable housing in the country’s most densely populated city.
Saigon is also one of the fastest growing cities in Asia in terms of GDP, with strong growth forecast for at least the next four years. Due to limited land availability in the city centre, a decentralisation trend is transforming Saigon’s outer Districts, bringing improved infrastructure to these areas. New expressways, bridges, an international airport and additional Metro train lines are just some improvements coming to areas such as District 9.
Total development budget
Residential floor efficiency
Of green space
Featuring 568 units over 18 floors and a development budget of over USD 25 million, HausNeo boasts an impressive 88.2 percent of residential occupancy. State-of-the-art facilities include a swimming pool, a communal rooftop, a kindergarten, a community room, car parking and 1,700sqm of greenery area.
HausNeo promotes a European-inspired lifestyle through modern, high-quality amenities. Units are designed in an intuitive, functional way to maximise space and improve quality of living, while the overall architecture of HausNeo promotes the growth of a strong neighbourhood community.
HausNeo is strategically located in Saigon’s District 9, providing easy access to the airport, the central business district and the fast-growing Hi-Tech Park.
HausNeo has received the EDGE Green Building Certification by World Bank Group. Accordingly, HausNeo reaches the average saving of 28 percent Energy, 32 percent Water and 45 percent less embodied energy in materials. These indicators are considered to be the highest in the mid- market apartment segment in Ho Chi Minh City.
HausNeo is being managed and operated by CBRE, the global leader in Asset Services, with over 350 million square meters of prime commercial, retail, residential and industrial real estate under management, in North America, Europe and Asia Pacific. Featuring experience in Property management and Professional team building, CBRE will bring satisfaction to the residents of HausNeo.
In August 2019, HausNeo project has been officially handed over to residents, ahead of schedule.
Total Development Budget
HausBelo offers a peaceful and carefree lifestyle – a harmonious mix of modern European style and colourful Asian culture – in a place that owners can proudly call home.
Designed for life, HausBelo is more than just a place to live – it is where moments are shared and lasting memories are made. It is a cosy heaven to return to at the end of each day, a personal sanctuary to enjoy with loved ones.
By adopting EDGE-enhanced features, HausBelo apartment project was honored to be awarded the EDGE Green Building Certification by World Bank Group. Accordingly, HausBelo reaches the average saving of 29 percent Energy, 33 percent Water and 40 percent less embodied energy in materials. This not only contributes to reducing monthly electricity and water costs for residents but also curbs CO2 emissions, providing a clean, friendly living environment.
Located in the heart of District 9 (Ho Chi Minh City), HausBelo consists of three 15-story towers that contain a total of 911 units. HausBelo has also been honored to receive the award of the best mid-market residential condominium in Southeast Asia by DotProperty.
ESG (Environment – Social – Governance) is a standard term to describe sustainability impacts. Today it is broadly used by investors to evaluate corporate’s non-financial performance which include sustainable, ethical and corporate governance issues.
At EZLand we chose GRESB benchmark for ESG evaluation. GRESB stands for Global Real Estate Sustainability Benchmark. This report is designed to access and benchmark the ESG performance of real assets, also known as non-financial or sustainability performance. Following a very systematic approach, GRESB provides standardized and validated ESG data including rankings, scores and comparisons.
In 2020, EZLand carried out the GRESB Real Estate Assessment and achieved a total score of 71/100 – proud to be the first Vietnam-based real estate developer to join this global system. Specifically, the scores of ESG performance are Environmental (𝟑𝟎/𝟓𝟏) – Social (𝟐𝟑/𝟐𝟔) – Governance (𝟏𝟖/𝟐𝟒).
With the goal of achieving better score, EZLand will continue to improve with specific plans in 2021 and onwards.
At EZLand we chose the Corporate Citizenship framework because it is collective and comprehensive. It defines for us a legitimate role in society beyond the economic sphere.
Corporate Citizenship policies can help drive employee commitment, more sustainable projects, increased customer loyalty, increased investment, and a more positive reputation, all of which have a direct impact on our business performance.
Our process is to invest in and develop our employees, communities and environment. To do so, we will strengthen employee skills and morale, increase durability of our real estate projects, and enhance the local economy and communities. We also constantly work with NGOs and NPOs partners to undertake communities activities and other volunteer activities.