On November 10 in Ho Chi Minh City, Kusto Home was honored at the Vietnam Property Awards 2023 with two prestigious awards for its latest development, The Reflection West Lake.
Following a rigorous evaluation process, The Reflection West Lake, developed by Kusto Home, proudly received titles for “Best Luxury Condo Development (Hanoi)” and “Best Luxury Condo Architectural Design.”
Speaking at the ceremony, Mr. Sergey Nam, CEO of Kusto Home, shared:
“Winning at the Vietnam Property Awards once again affirms Kusto Home’s dedication and passion in delivering high-quality developments. These awards for The Reflection West Lake serve as strong motivation for us to continue shaping Vietnam’s urban landscape—creating living experiences that harmonize world-class standards with the country’s unique cultural values.”
Since officially re-entering the Vietnamese market in 2021, Kusto Home has continuously reinforced its reputation as a visionary developer. With consecutive wins at the Vietnam Property Awards 2022 and 2023, the company is steadily realizing its mission to become a leading creator of premium, resort-inspired living spaces.

Building on the success of Diamond Island and Urban Green, The Reflection West Lake represents Kusto Home’s next milestone—a luxury residential project tailored for successful young professionals in Hanoi. Strategically located in Tay Ho District, surrounded by the Red River and West Lake, the project embodies a rare harmony between Hanoi’s timeless cultural heritage and its modern commercial vitality. Its boutique-style architecture exudes elegance and sophistication, capturing the poetic charm of Tay Ho. According to Kusto Home, The Reflection West Lake is expected to officially launch in 2024.
Kusto Home, the real estate arm of Kusto Group—a Singapore-based international investment conglomerate—has been active in Vietnam for nearly two decades. Through acclaimed developments such as Diamond Island, Urban Green, and now The Reflection West Lake, Kusto Home remains committed to creating distinctive, wellness-driven, and resort-inspired living experiences for residents.
The Vietnam Property Awards, part of the Asia Property Awards program organized by PropertyGuru, is one of the most respected real estate accolades in the region. Known for its transparency and credibility, the award celebrates outstanding developers and projects that have made remarkable contributions to the real estate industry, serving as a bridge for local enterprises to enhance their reputation and connect with global partners.