Nguyen Ba Duc is Changing the Landscape of Real Estate in Vietnam

1. Nguyen Ba Duc is changing the Landscape of Real Estate in Vietnam Residential, commercial, industrial, and empty spaces of land and buildings make up the real estate in societies and communities of countries. Purchasing, selling, renting, leasing, and investing in real estate properties benefits the Gross Domestic Product (GDP) of a country, provides employment opportunities, and the government’s fiscal resources, and contributes to other industrial operations in sectors such as furniture, cement, electrical appliances, and many more. Another benefit of investing in good real estate properties by interested investors is financial security and a means of raising profits as a secondary income source. In Vietnam, the real estate market by 2024 is estimated to be valued at US$4.41tn, with the residential part having the largest market share and accounting for the value of US$3.91tn and the projected CAGR of 1.44% from 2014 to 2028. Hence, in Vietnam with high economic growth and strong politics, investors find investing in property safer and more profitable. Here in this article, we are discussing one such real estate company called Homedy founded by Nguyen Ba Duc, and his entrepreneurial journey in building the No.1 real estate company in Vietnam. Duc Nguyen Ba: Founder & CEO Duc Nguyen Ba started his startup in the year 2016 after facing the issue of finding a good house on an online real estate website in 2015. He completed his graduation of Bachelor of Science from Hanoi University of Science and Technology and Tokyo Institute of Technology. During those days he founded an online music-listening website called Nghenhac.info. Later along with his friend, he founded a company in 2007 which was an online advertising business named Moore.vn, it was further acquired by a Japanese corporation. The founder of Homedy- Nguyen Ba, was inspired to start this real estate platform and business after many roadblocks and challenges but his idea and creative solution for making a space where people can easily navigate and find their desired houses and spaces in the country. Nguyen Ba said -” Creativity is understood very broadly, it is not simply about making an original wheel or electric motor, but creativity can be Maybe creating upgrades and innovations to make the product have real value for users. Likewise, Homedy wants to bring Vietnamese users a real experience of a real estate search website.” Homedy.com was developed under experienced leaders for more than 3 years where it has gained more than 1 lakh brokers and around 2 million customers. With

2. this success of more than 3 years, it has raised funds from different investors from Japan, Singapore, and Korea. Mr. Nguyen Ba has always inspired the team with his"Passion - Creativity - Sharing - Winning people's hearts - Positive thinking". About Homedy Homedy Inc. is an online real estate platform that connects people of Vietnam who wish to buy or sell their properties of any kind with brokers and hence provides a greater service in choosing their dream houses. This works mainly of the 3 key factors i.e., technology, Marketing, and real estate. They always aim to align with their slogan “Be your better home” and help their customers in constructing their dream living space. The mission of Homedy is to connect people or their customers with experts and give them a way to build better living houses. The vision is to become the largest and most influential real estate company and online platoon in Southeast Asia. the core values of the key of the company are conscientious which means theyservecustomers the best they can, responsible in making the right and true commitments, respect means developing a strong team to support customers and gain trust, following all the rules and regulations under the in all steps, and improvement to study and be enthusiastic in work. Homedy makes the service accessible and usedeasily with a user-friendly interface, updating data that is accurate and true and also includes other features to make the entire process smooth functioning. In the year 2017, the company was awarded the Top 5 Vietnamese Startup award that was conducted by VNExpress. Nguyen Ba with all his skills and hard work has made Homedy a No.1 real estate online platform and has made it a successful startup.