Phat Dat embraces the wave of Binh Duong real estate: Ready for the Megacity Era

The proposed merger of HCMC, Binh Duong, and Ba Ria-Vung Tau has created a “big wave” in the Southeast region’s real estate market. With its advantages in location, infrastructure and economic momentum, Binh Duong has quickly become a new investment hotspot. Embracing this wave, Phat Dat Real Estate Development Corporation (Phat Dat) is not only accelerating existing projects but also actively expanding strategic investment partnerships, demonstrating its long-term vision and pioneering role in creating new smart and modern urban areas.

 A corner of Di An City’s administrative center in Binh Duong. Source: Thanh Nien Newspaper

Investment focus with impressive growth

According to Batdongsan.com.vn, from 2015-2025, real estate listing prices in Binh Duong increased 7 times – the highest growth among HCMC neighboring provinces like Dong Nai (500%), Long An (433%) or Ba Ria-Vung Tau (140%).

Notably, the apartment segment is recovering strongly. In March 2025, apartment searches in Binh Duong increased 46% compared to the previous month. Primary selling prices hover around 45 million VND/m2, up more than 112% compared to the same period 10 years ago.

Not only rising in price, the market also shows outstanding attractiveness with rental yields reaching 4.6%, far surpassing HCMC (3.1%), Hanoi (3.1%) or Da Nang (3.6%). This results from balanced pricing and strong rental demand from technical workers and experts flocking to key industrial zones.

“Megacity” as Springboard for Suburban Real Estate

The proposal to merge three key localities to form a megacity contributing 25% of national GDP is opening a new era for the southern economic region.

This area is oriented to become an international trade hub, connected by modern infrastructure projects including: HCMC-Vung Tau expressway, Ring Roads 3 and 4, Binh Duong-Cai Mep container railway, along with strategic port and airport systems.

Particularly, the orientation to develop smart cities that integrate modern technology and optimize resources aims to create sustainable living for millions of residents.

In this overall picture, Binh Duong plays the role of HCMC’s northeastern gateway, currently one of the top three localities in the country for GDP and average income. This is a solid foundation for local real estate to become the next “bright spot” in the megacity era.

Phat Dat pioneers new investment wave

Against the backdrop of infrastructure acceleration and clear planning, many real estate companies have proactively deployed strategies to catch the wave in Binh Duong. Phat Dat stands out with a series of large-scale projects.

In Thuan An City, an urban area adjacent to HCMC, Phat Dat is implementing Thuan An 1 & 2 with total area of 4.4 hectares. The project is now completing final financial obligations – the key step to launch products to the market.

Completing financial obligations related to land use fees for Thuan An 1, making it eligible for market launch in Q3/2025.

Thuan An City is considered an investment hotspot thanks to strong demand from experts, engineers and high-quality workers in industrial parks. This is also the target customer segment for Phat Dat’s premium apartment line.

Expanding Strategy in Di An City

Not stopping at Thuan An, on April 22, 2025, Phat Dat continued signing an MoU on investment cooperation with Di An City government – a young city with one of the province’s highest growth rates.

 Mr. Bui Quang Anh Vu – CEO of PDR (3rd from left) signing MoU on investment cooperation in Di An City.

This event took place in the context of Di An City announcing planning adjustments towards 2045, aiming to become a Smart Service-Education-Industrial urban area, directly connected to key economic corridors of the region.

Through this cooperation signing, Phat Dat has affirmed its commitment to accompany the locality in building a sustainable and livable city.

Developer of La Pura Wellness Urban Project

Most recently, Phat Dat officially announced becoming the developer of La Pura – a high-rise complex located along National Highway 13, Binh Hoa Ward, Thuan An City – a densely populated area with convenient connection to HCMC.

With massive investment, the project develops with 3 philosophies: Urban Healing, “splendor inside – green outside” and “all-in-one” with 100+ internal amenities, becoming the most livable icon right in the northeast center of HCMC.

La Pura is becoming the most livable icon right in the northeast center of HCMC.

The development of this project marks Phat Dat’s strong commitment to accompany all customers and partners, taking responsibility to complete the project on schedule with quality, and creating lasting value for customers and investors. This is also Phat Dat’s strategic move to reinforce its market share and develop a large land bank in Binh Duong.

With synchronized investment strategy from Thuan An City to Di An City – Binh Duong’s two development locomotives – Phat Dat is step by step realizing the goal of becoming a leading urban developer in the “New Saigon”. Owning solid legal foundation, high-quality land bank and long-term investment thinking, Phat Dat is expected to make strong breakthroughs in the next phase.