In the heart of Vietnam’s ever-evolving urban landscape, two real estate stories are capturing the attention of both industry insiders and the broader public: the remarkable rise of MIK Group, a homegrown developer making waves with symbolic projects in Hanoi and beyond, and the emergence of Orchard Grand, a new residential development in Binh Duong that’s redefining what it means to live well in the city. Both narratives, showcased on September 18, 2025, are emblematic of broader shifts in Vietnamese real estate—where community, wellness, and sustainability are becoming just as important as location and luxury.
MIK Group’s journey, highlighted in a nearly 200-square-meter exhibition space at the 80-year National Achievements Exhibition, drew more than 10 million visitors over 19 lively days, according to Bao Dau Tu. This wasn’t just a record turnout; it was a testament to the public’s growing fascination with the country’s development over the past eight decades. MIK Group’s digital technology-driven exhibition earned it a place among the top 20 business showcases, standing out for its immersive approach and commitment to telling a story—not just selling a product.
“MIK Group is proud to be among nearly one million enterprises contributing to national development,” said Deputy General Director Nguyen Dung Minh. “For us, real estate is not just about constructing buildings, but about creating prosperous, sustainable communities.” This philosophy was on full display at the exhibition, where the company’s focus on symbolic, community-oriented projects set it apart from the competition.
Over the past decade, MIK Group has made its mark with a series of standout developments in Hanoi. The Imperia Signature Co Loa project, for example, was a centerpiece at the exhibition. It’s a striking blend of modern architecture, cultural heritage, and rigorous international design standards. Located in the historically rich Co Loa area, the project is seen as a breakthrough—combining state-of-the-art amenities with a deep respect for the area’s thousand-year-old legacy. The company hopes Imperia Signature will become more than just a residential complex; it’s meant to be a new cultural symbol and a benchmark for sustainable living in the years ahead.
MIK Group’s ambitions don’t end there. In 2025, the company expanded its footprint in the bustling My Dinh district with phase two of The Matrix One. Featuring the Landmark high-rise—the group’s most premium offering yet—and a sprawling 14-hectare green park, the project aims to provide a balanced, sustainable urban lifestyle. This isn’t just about adding luxury apartments to the skyline; it’s about enhancing the area’s infrastructure and creating a vibrant, green space for the community. The Matrix One is expected to become an architectural landmark in western Hanoi, attracting a community of discerning residents and signaling MIK Group’s long-term commitment to shaping the city’s future.
What’s perhaps most impressive is that MIK Group achieved all this despite the real estate market’s downturn in 2024, when many competitors were forced to slow down due to supply shortages. Instead, MIK Group maintained its momentum, launching the timely Imperia Smart City project and providing thousands of new homes that were quickly snapped up by eager buyers. This resilience, according to industry observers, is a testament to the company’s robust financial health and strategic foresight.
Rather than chasing sheer volume, MIK Group has built its reputation on delivering symbolic projects that set new standards for urban living. This approach has allowed the company to rise quickly among Vietnam’s leading real estate developers. From the ancient heritage of Co Loa to the modern vibrancy of My Dinh and the luxury resorts of Phu Quoc, MIK Group’s journey is a unique one—focused on supporting infrastructure development and enhancing Vietnam’s urban landscape for a new era.
Meanwhile, in Binh Duong’s new city, the Orchard Grand project is making headlines for a very different reason: its embrace of the “wellness living” philosophy. As reported by CafeF, Orchard Grand is part of a wave of new residential developments that put health and well-being at the center of the living experience. This isn’t just a marketing slogan; it’s a response to a real, measurable shift in what homebuyers want. According to a Q4 2024 survey by Batdongsan.com.vn, 86% of Vietnamese respondents expressed interest in green housing, and 88% said they’d be willing to pay more for it.
Orchard Grand takes this to heart, integrating nature as the central theme throughout its design. Instead of separating “green spaces” and “water features,” the project weaves them together—central parks, large lakes, tree-lined walkways, yoga lawns, meditation gardens, and tranquil nooks are all carefully arranged to maximize residents’ connection to nature. This approach is backed by science: a 2024 UK Biobank study found that living near green spaces and water can reduce the risk of mental disorders by up to 30% and improve sleep and stress levels.
The project’s amenities are equally ambitious. Residents have access to 99 unique facilities—the first of their kind in Binh Duong—including a 50-meter infinity pool and a dedicated hydrotherapy area. These features, inspired by international wellness standards, are designed to make relaxation and rejuvenation part of everyday life. Flexible living spaces, such as duplex apartments with soaring 6.3-meter ceilings and corner units with optimal airflow, further enhance the sense of comfort and well-being.
Orchard Grand is part of the larger Sycamore project, developed by CapitaLand Development and UOA Group. Spanning 18.9 hectares and offering 3,500 long-term apartments for around 13,000 residents, Sycamore is set to be completed by 2028. With a development value estimated at 18 trillion VND (about 1 billion Singapore dollars), the project is positioned as a model for future urban living in Vietnam.
CapitaLand Development (CLD), a subsidiary of the global CapitaLand Group, brings significant experience to the table. With a portfolio worth 21.3 billion Singapore dollars as of June 2025, CLD has spent over 30 years shaping Vietnam’s real estate market. Its projects are regularly recognized with awards for planning, execution, and sustainability—key factors in a market where buyers are increasingly prioritizing quality of life over mere location.
The rise of wellness-focused developments like Orchard Grand reflects a broader trend in the real estate industry. According to the Global Wellness Institute’s “Build Well to Live Well” report, wellness-oriented properties command a 10–25% price premium over standard units—a sign that buyers are willing to invest in their health and happiness. Features such as biophilic design, advanced air filtration, on-site spas, and circadian lighting are no longer luxuries; they’re becoming expectations.
Both MIK Group and Orchard Grand demonstrate that Vietnam’s real estate market is undergoing a profound transformation. Developers are moving beyond the basics of bricks and mortar, embracing community-building, cultural heritage, and holistic wellness as core values. For homebuyers and investors alike, these projects offer a glimpse into the future of urban living—one where prosperity, sustainability, and well-being are truly intertwined.
As these trends continue to shape the skyline, Vietnam’s cities are poised to become not just places to live, but places to thrive.
