Thuan An 1 officially receives ownership certificates, ready to welcome investors

The Thuan An 1 project in Binh Duong province, developed by Phat Dat Real Estate Development Corporation (HOSE: PDR), has officially been granted the Certificate of Land Use Rights, Ownership of Houses, and Other Attached Assets. This marks a crucial milestone, completing the project’s legal framework and paving the way for its upcoming sales launch.

CGI of Thuan An 1

Solid legal foundation for investors

On May 9, 2025, the Binh Duong Department of Natural Resources and Environment issued two Land Use Right Certificates for Thuan An 1 High-Rise Residential Complex.

The legal completion demonstrates Phat Dat’s capability to execute projects on schedule and in compliance with regulations. As a reputable real estate developer, Phat Dat prioritizes legal transparency and customer benefits. This milestone also positions Thuan An 1 to accelerate its sales, meeting housing and investment demand in Binh Duong’s thriving market.

 Thuan An 1 sales office and show flats

Prime connectivity hub in Binh Duong

Located in the heart of Thuan An City, the project enjoys a strategic position adjacent to Binh Duong Boulevard – a key traffic artery – while maintaining seamless connections to regional routes like My Phuoc-Tan Van. This ensures convenient access to HCMC and other major southern economic hubs.

With Binh Duong being planned as part of a “satellite megacity” linking HCMC and Ba Ria-Vung Tau, the long-term growth potential of real estate in this area is highly promising.

Key Project Driving Cash Flow for Phat Dat

Thuan An 1 High-Rise Residential Complex spans 1.8 hectares, featuring a 39-story tower with 3-4 basement levels, offering nearly 2,700 apartments and shophouses.

Construction progress at the project site

As one of two components in the 4.4-hectare Thuan An 1 & 2 complex, the project is expected to significantly contribute to Phat Dat’s cash flow and revenue in 2025.

Beyond being a residential project, Thuan An 1 aims to create a high-quality living space that meets the rising expectations of modern urban residents.

Strategic Development Aligned with Local Growth

The issuance of the ownership certificates not only reflects Phat Dat’s professional execution capabilities but also underscores its consistent development strategy, emphasizing sustainability and efficiency in every strategic move.

As a key project in the dynamic southern economic region, Thuan An 1 & 2 supports Phat Dat’s land bank expansion in key urban areas. Simultaneously, it accelerates urbanization in Binh Duong – a rapidly developing locality with synchronized infrastructure and a thriving socio-economic foundation.