Phat Dat Joins La Pura development project - expanding its footprint in Binh Duong
Phat Dat Real Estate Development Corporation (HOSE: PDR) continues to strengthen its presence in Binh Duong through its participation in the high-rise La Pura project in Thuan An City. This move aligns with the company’s strategy of focusing on high-potential satellite urban areas while optimizing financial resources and project execution capabilities.
La Pura: A premier “all-in-one” urban development in HCMC’s northeast
Binh Duong – A key market in PDR’s core expansion strategy
Established in 2004 and listed on HOSE since 2010, Phat Dat is one of Vietnam’s long-standing real estate developers, consistently ranked among Vietnam Report’s Top 10 Most Reputable Real Estate Investors.
In recent years, Binh Duong has emerged as a strategic market for Phat Dat. Adjacent to Ho Chi Minh City and benefiting from rapid infrastructure and urban development, Binh Duong attracts significant investment and housing demand from residents in the Southern key economic zone.
Notable PDR Projects in Binh Duong:
- La Pura: A high-rise complex located along National Highway 13 in Binh Hoa Ward, Thuan An City – a densely populated area with excellent connectivity to HCMC.
- Thuan An 1 & 2: Two high-rise complexes with nearly 6,000 units. Thuan An 1 has completed its financial obligations and is set to launch in Q2/2025.
- Di An: PDR is advancing new projects in Di An City – a high-demand residential area and a key transportation hub in the province.
Beyond existing projects, Phat Dat is actively expanding its land bank in Binh Duong (2025–2027) to scale operations in the region.
La Pura Project: Enhancing Execution Autonomy and Capital Efficiency
Participating in the development of La Pura is of strategic significance to Phat Dat as it helps the business to be more proactive in controlling cash flow and gradually align investments with capacity and sustainable development.
The project also records the participation of many major partners in the real estate and finance industry, including:
- Realty Holdings & Big Four: Sales strategy advisors and after-sales service developers.
- Central: Experienced main contractor for large-scale high-rise projects.
- VPBank: credit provider, ensuring project funding and market confidence.
La Pura boasts 300m of green frontage along National Highway 13 – the longest in the area.
Leveraging its experience in high-rise developments across HCMC, Binh Dinh, and Binh Duong, PDR aims to position La Pura as Binh Duong’s new benchmark for premium real estate, combining quality, amenities, and sustainable investment value.
As a listed company that constantly expands its influence in Binh Duong
Phat Dat currently ranks among Binh Duong’s largest listed real estate developers, with an extensive land bank for various projects spanning Thuan An, Di An, and other potential investment zones.
With Binh Duong proposed for administrative boundary adjustments and potential integration into HCMC’s urban planning, the province’s real estate potential continues to grow. Through strategic moves and partnerships, PDR is reinforcing its long-term commitment to the region.
