La Pura accelerates construction progress, bringing the wellness city vision to life sooner
After more than two decades of development, Phat Dat Real Estate Development Corporation (HOSE: PDR) has affirmed its position as one of the leading real estate enterprises in Southern Vietnam. With strong project execution capabilities, sustainable financial strategies, and long-term vision, Phat Dat is expanding its appeal nationwide, particularly attracting growing interest from investors in the southern region.
Resilience through market cycles
Established in 2004, Phat Dat has made its mark with a series of high-end real estate projects in HCMC, such as The EverRich and Millenium, while continuously expanding into rapidly urbanizing provinces like Binh Duong, Quang Ngai, Binh Dinh, and Da Nang. The Company’s key strength lies in its ability to control the entire development chain from land acquisition, legal procedures, and planning to infrastructure investment and construction.
PDR’s land bank development capacity over the years
Amidst market downturns, Phat Dat has maintained stable operations by focusing on cash flow management, cost control, and a well-balanced investment portfolio. This proactive, disciplined, and cautious approach has helped the Company overcome challenges and position itself for new recovery opportunities.
A magnet for Northern investment capital
In recent years, particularly with administrative consolidation plans, the trend of capital shifting from the North to Southern Vietnam’s real estate market has become increasingly evident. In economic hubs like Binh Duong and Ba Ria-Vung tau, which boast modern infrastructure, potential integration into Greater HCMC, a young workforce, and strong housing demand, investors from Hanoi, Hai Phong, and Quang Ninh are seeking real estate products for both investment and embracing the next market wave.
In Binh Duong, Vietnam’s leader in foreign investment attraction and industrial park development, poised to merge with HCMC and Ba Ria-Vung Tau into a mega-urban region, Phat Dat holds key projects like Thuan An 1&2 and La Pura, strategically located along National Highway 13 in Thuan An City’s center. These projects are expected to see strong price appreciation due to infrastructure, industrial, and demographic advantages.
Construction progress at La Pura
Phat Dat is also diversifying its portfolio with high-potential projects like Con Dao resort complex and Serenity Phuoc Hai in Ba Ria-Vung Tau. These areas are rapidly emerging thanks to regional infrastructure investments, including the Bien Hoa – Vung Tau Expressway and Long Thanh Airport.
Quy Nhon Iconic in Binh Dinh
Beyond the South, Phat Dat is expanding into Central Vietnam with iconic projects in Quy Nhon – a coastal city transforming into a tech and innovation hub with major players like FPT, NVIDIA, and VinAI. Projects like Q1 Tower and Quy Nhon Iconic developed by Phat Dat not only highlight urban architecture but also offer sustainable investment opportunities in a high-growth market.
Strengthening ties with Northern investors
Recognizing strong investment potential from the North, Phat Dat has actively expanded its presence through strategic communications, participation in prestigious economic forums in Hanoi, and enhanced investor engagement.
In 2024, the Company joined the “Identifying Business and Investment Highlights in 2024” forum in Hanoi, attracting top financial institutions and institutional and individual investors. Through such events, Phat Dat shares its vision while spotlighting lucrative opportunities in the South and Central regions.
Phat Dat’s Leadership in a live investor dialogue session
Additionally, the Company hosts live-streamed dialogues between the Leadership and investors to transparently discuss development strategies and key plans for 2025.
Prestigious industry recognition
Phat Dat’s reputation and capabilities are underscored by multiple accolades, including Top 10 Most Reputable Vietnamese Real Estate Developers by Vietnam Report for 5th consecutive years from 2021 to 2025, Vietnam’s Gold Star 2024, Top 50 Enterprises with Best CG Practices (VNCG50), and Employers of Choice 2024.
These awards reflect the Company’s operational excellence, sustainable growth, and value creation for PDR’s stakeholders.
The Fruits of Persistence
Steadfast in its strategic direction, Phat Dat continuously strengthens its foundation, builds sustainable business models, and enhances transparent, effective governance.
This persistence has cemented its status as a prime destination for investment capital, including Northern inflows into Southern Vietnam’s real estate market.
