▶ "Evolving from a general brokerage to a 'Market-Building Partner'"
HO CHI MINH CITY, Vietnam – RSQUARE VIETNAM, the Vietnamese subsidiary of the comprehensive commercial real estate service provider RSQUARE, announced on the 24th that its order revenue for the first half of 2025 has reached 100 billion KRW.
This achievement significantly exceeds the company's total annual revenue from the previous year in just six months. RSQUARE VIETNAM attributes this rapid success to its "field-oriented strategy" and "data-driven execution."
Vietnam is a market where the systematic organization of real estate information is relatively underdeveloped. Recognizing that a "data company" holds greater value where information asymmetry is high, RSQUARE VIETNAM deployed dedicated research teams to major cities like Hanoi and Ho Chi Minh City, conducting direct surveys on more than 55,000 commercial buildings.
"We needed a mindset of creating information that didn't exist on any map," explained CIO Soo-yeon Yoon. "By providing customized spatial solutions and project management services based on our accumulated data, we have established ourselves as a total real estate service provider that goes far beyond traditional brokerage."
Leveraging this vast database, RSQUARE VIETNAM is preparing to launch the country’s first map-based commercial real estate information service. This platform is powered by periodic on-site inspections and comprehensive survey data of 26,400 office buildings, 12,700 factories, and 600 industrial complexes. The company is currently localizing the map-based listing system, which has already been proven successful in South Korea, specifically for the Vietnamese market.
"In the Vietnamese market, personal networks and the inclinations of landlords often have a more absolute impact on pricing than formal regulations," CIO Soo-yeon Yoon emphasized. "We aim to create a turning point that increases transparency in the Vietnamese commercial real estate market and improves the efficiency of investment decision-making."
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▶ "Evolving from a general brokerage to a 'Market-Building Partner'"
HO CHI MINH CITY, Vietnam – RSQUARE VIETNAM, the Vietnamese subsidiary of the comprehensive commercial real estate service provider RSQUARE, announced on the 24th that its order revenue for the first half of 2025 has reached 100 billion KRW.
This achievement significantly exceeds the company's total annual revenue from the previous year in just six months. RSQUARE VIETNAM attributes this rapid success to its "field-oriented strategy" and "data-driven execution."
Vietnam is a market where the systematic organization of real estate information is relatively underdeveloped. Recognizing that a "data company" holds greater value where information asymmetry is high, RSQUARE VIETNAM deployed dedicated research teams to major cities like Hanoi and Ho Chi Minh City, conducting direct surveys on more than 55,000 commercial buildings.
"We needed a mindset of creating information that didn't exist on any map," explained CIO Soo-yeon Yoon. "By providing customized spatial solutions and project management services based on our accumulated data, we have established ourselves as a total real estate service provider that goes far beyond traditional brokerage."
Leveraging this vast database, RSQUARE VIETNAM is preparing to launch the country’s first map-based commercial real estate information service. This platform is powered by periodic on-site inspections and comprehensive survey data of 26,400 office buildings, 12,700 factories, and 600 industrial complexes. The company is currently localizing the map-based listing system, which has already been proven successful in South Korea, specifically for the Vietnamese market.
"In the Vietnamese market, personal networks and the inclinations of landlords often have a more absolute impact on pricing than formal regulations," CIO Soo-yeon Yoon emphasized. "We aim to create a turning point that increases transparency in the Vietnamese commercial real estate market and improves the efficiency of investment decision-making."