With nearly two decades of presence in the Vietnamese market, Kusto Home, the real estate arm of Kusto Group—a multi-industry investment group from Kazakhstan—has firmly established its prowess as an international developer through impressive projects in the Ho Chi Minh City market.
Driven by the “Beyond Property” development philosophy—crafting projects that transcend conventional real estate concepts—Kusto Home is step-by-step building sustainable values and expanding its journey, bringing its commitment to quality to more markets across Vietnam.
Success Driven by Foundation and Strategy
Kusto Group is an international investment group operating in various sectors such as oil and gas, agriculture, construction materials, retail, and real estate, with offices in over 10 countries. As part of this ecosystem, Kusto Home entered the Vietnamese market with the mission of creating international-standard living spaces for customers. Consequently, the Group’s reputation, financial potential, and global experience have served as the firmest foundation for all projects developed by Kusto Home.
Applying the “Beyond Property” philosophy for over two decades in Vietnam, Kusto Home has not chased quantity. Instead, each project is the result of applying international experience combined with local needs and culture to create residential options uniquely suited to the target audience.
The strategic partner always accompanying Kusto Home’s projects is Coteccons. Alongside leading Property Consultants, the top construction contractor in Vietnam plays a key role in ensuring that works are completed with the highest quality. Thanks to this, Kusto Home quickly affirmed its capacity as an international developer through two flagship projects in Ho Chi Minh City: Diamond Island and Urban Green.
Landmarks Defining Kusto Home’s Position
Diamond Island was the first landmark to establish Kusto Home as a recognized luxury development brand. Boasting three riverfronts and a rare position, Kusto Home developed the project into a resort-standard apartment complex on a natural island in Ho Chi Minh City. Allocating 85% of the project area to greenery and amenities is not just a number, but a testament to the luxury lifestyle experience Kusto Home consistently delivers to residents. Diamond Island has received numerous domestic and international real estate awards, pioneering the riverfront luxury apartment segment in Saigon and becoming a top choice for the elite community.
Diamond Island – A pioneering symbol of resort-style living in the heart of the city (Photo: Kusto Home)
Building on the success of Diamond Island, Kusto Home continued to promote the “Beyond Property” philosophy with Urban Green in Thu Duc City, adjacent to National Highway 13. While in a different segment than Diamond Island, Urban Green still impressed by dedicating nearly 70% of its area to greenery and amenities, harnessing Green Living and international standard wellness concepts. Combined with a Biophilic landscape design style that optimizes light, wind, and nature connection in every space, the project achieved an impressive absorption rate immediately upon launch. This reflects Kusto Home’s deep understanding of the green, sustainable, and balanced lifestyle needs of the young generation of residents in Ho Chi Minh City.
Urban Green – An international standard of green living in the heart of the city (Photo: Kusto Home)
In addition to these two projects, Kusto Home previously participated in the Hanoi market as a co-investor for Kosmo Tay Ho, which won over customers with its West Lake views and smart design. However, in 2026, the developer from Kazakhstan is ready to expand its activities and develop its first proprietary project in Hanoi.
Spreading the “Beyond Property” Footprint to the Hanoi Market
Continuing the journey of crafting living experiences, Kusto Home representatives stated that its signature philosophy will soon spread to the capital market with the latest apartment project in the high-potential and culturally rich Tay Ho ward. This step is both significant and an opportunity for Kusto Home to continue demonstrating its capacity and building upon the success achieved in previous projects.
Kusto Home’s goal in the coming time is not only to set new standards in the luxury segment in Hanoi but also to consolidate its position as an international developer that understands the market and has a long-term commitment in Vietnam. From Diamond Island to Urban Green and the following journeys, Kusto Home remains steadfast with “Beyond Property”—setting international standards and sustainable values for the community as the guiding principle for all activities, ensuring each project becomes a space that inspires life, nurtures the community, and creates legacy values for future generations.