Alsquare Launches First Vietnam Commercial Real Estate Map Service

RSquare Vietnam Leads Innovation in Vietnam's Commercial Real Estate Market: Map-Based Real-Time Information Service Officially Launched RSquare Vietnam, the Vietnamese subsidiary of proptech company RSquare, is attracting significant market attention by officially unveiling the first map-based commercial real estate information service covering all of Vietnam. This new service is expected to transcend the limitations of existing text-list methods, resolving chronic information asymmetry and presenting a new paradigm that enhances transparency in the Vietnamese real estate market. This service is a meticulously localized model of RSquare's map-based property listing service, already successfully operating in Korea, tailored to the specific characteristics of the Vietnamese market. On the official RSquare Vietnam website, users can, through an interactive map, search and compare in real-time information on over 26,400 office buildings and 12,700 factories nationwide. Detailed information such as rent, area, transportation accessibility, and management entity can be intuitively explored, fundamentally resolving the inconvenience of information access previously experienced by foreign-invested companies and local corporate practitioners. The core of the service lies in RSquare Vietnam's advanced database, self-built through regular site visits and exhaustive surveys across all of Vietnam, including 9 major provinces such as Hanoi, Ho Chi Minh, and Da Nang. This data is updated monthly, going beyond simple location information to include qualitative information such as vacancy status and recent tenant trends, providing users with in-depth insights. Information on approximately 600 industrial complex sites nationwide will also be added within the year. Shin Ji-min, Branch Manager of RSquare Vietnam, stated, "We have introduced a proven successful model from Korea to the Vietnamese market for the first time," emphasizing the service's value and vision by adding, "It will be a powerful tool that supports customers' location decisions, space selection, and business expansion strategies based on data and technology." The industry evaluates that this service will be a significant turning point, especially for Korean companies or investors considering entering Vietnam, as it will provide an intuitive real estate information search environment similar to that in Korea, reducing reliance on intermediaries and aiding rational investment decisions. RSquare Vietnam plans to sequentially introduce features such as transaction brokerage linkage, conditional alert functions, and market insight visualization to this map-based service in the future. Furthermore, by expanding its scope to the logistics sector, it is drawing attention for its development into a comprehensive B2B information platform for Vietnamese real estate practitioners, and is expected to set new standards in the Vietnamese commercial real estate market.