PHAT DAT COMPLETES VND 900 BILLION DEPOSIT PAYMENT UNDER MOU WITH LOTTE
Ho Chi Minh City, May 28, 2026 – Phat Dat Real Estate Development Corporation (PDR: HOSE) announces that it has officially completed the transfer of a VND 900 billion deposit in accordance with the terms agreed upon in the Memorandum of Understanding (MoU) between PDR and Lotte Properties HCMC Co., Ltd., related to the Thu Thiem Eco Smart City project.
RELATED NEWS
With sales offices now operating in Quy Nhon and Hanoi and a new Show Flat Complex under construction in HCMC, Phat Dat Real Estate Development Corporation (PDR: HOSE) is strengthening its sales infrastructure nationwide for the Company's next business cycle with ongoing and upcoming projects, including Lotte Eco Smart City Thu Thiem.
On October 3, 2026, Phat Dat Real Estate Development Corporation (PDR: HOSE) officially opened its Sales Office at Grand Terra Building, 36 Cat Linh Street, Hanoi. The new office marks another step in Phat Dat's plan to expand its presence in Hanoi and across Northern Vietnam, while providing customers in the region with a convenient place to explore the Company's projects.
Phat Dat introduces Q'Terra, a 39-story beachfront tourist apartment tower in the heart of Quy Nhon Nam ward, Gia Lai province, targeting the accommodation needs of the area.
On September 26, 2026, Phat Dat Real Estate Development Corporation (PDR: HOSE) held the first group handover of ownership certificates to Millennium residents. The certificates, formally known as Certificates of Land Use Rights, Ownership of Houses and Other Land-Attached Assets, were handed over at the building's Community Room at 132 Ben Van Don Street, Khanh Hoi Ward, HCMC.
On September 25, 2026, Phat Dat Real Estate Development Corporation (PDR: HOSE) held a groundbreaking ceremony for its Sales Office and Show Flat Complex on Mai Chi Tho Street, An Khanh Ward, HCMC. The project marks an important step in Phat Dat's preparations to create a dedicated space where customers can explore its projects, experience its products, and connect with the Company.
As of mid-September, thousands of stalled and long-delayed projects remain nationwide. In Ho Chi Minh City, lhttps://www.phatdat.com.vn/admincp/blog/posts/edit/10014egal obstacles have been resolved for 650 projects, contributing to the release of significant resources from land and investment capital that had been tied up for many years.
Phat Dat Real Estate Development Corporation (PDR: HOSE) will officially break ground on Blocks 2-1 and 2-3 of Lotte Eco Smart City Thu Thiem on October 23, 2026.
On September 10, 2026, Phat Dat Real Estate Development Corp. (PDR: HOSE) released its September 2026 IR Newsletter, providing updates on the Company's key activities, PDR share performance, and the progress of its projects.
