Public Announcement of Quy Nhon Iconic (Second Notice)

Bac Ha Thanh Residential Area in combination with urban gentrification project, located in Phuoc Thuan Commune, Tuy Phuoc District, Binh Dinh Province (commercial name: Quy Nhon Iconic), has been officially confirmed by the Department of Construction as having sufficient infrastructure to allow for individual home construction on Phase 1 plots. This confirmation, covering 535 lots, was issued under document No. 4793/SXD-QLN&PTĐT dated December 24, 2024. In compliance with legal regulations and to ensure transparency by providing complete information to shareholders, partners, customers, and the public, Phat Dat Real Estate Development Corporation (PDR) hereby announces the following information:

1. Real Estate Project Information

a. Investment Approval for the Project:

• Decision No. 3105/QĐ-UBND dated July 31, 2020, by the People’s Committee of Binh Dinh Province, approving the selection of Phat Dat Real Estate Development Corporation as the developer for the Bac Ha Thanh Residential Area in combination with urban gentrification Project in Phuoc Thuan Commune, Tuy Phuoc District.
• Land-Use Investment Project Contract No. 02/HĐ.DASDĐ dated October 7, 2020, signed between the Department of Construction of Binh Dinh Province and Phat Dat Real Estate Development Corporation.

– Appendix No. 01 to the Land-Use Investment Project Contract dated September 26, 2024.

– Appendix No. 02 to the Land-Use Investment Project Contract dated November 20, 2024.

• Document No. 9009/UBND-KT dated November 8, 2024, from the People’s Committee of Binh Dinh Province concerning matters related to the Bac Ha Thanh Residential Area in combination with urban gentrification Project.
• Document No. 10232/UBND-KT dated December 18, 2024, from the People’s Committee of Binh Dinh Province, stipulating that individuals acquiring land-use rights in subdivided plots must complete home construction within the project.

b. Land Allocation, Leasing, and Conversion Approval by Competent Authorities:

• Decision No. 3419/QĐ-UBND dated September 15, 2023, by the People’s Committee of Binh Dinh Province on the first phase of land allocation and leasing to Phat Dat Real Estate Development Corporation, covering a total area of 212,992 m², including 91,433.37 m² for residential purposes.
• Decision No. 2291/QĐ-UBND dated June 27, 2024, on land allocation for building technical infrastructure for resettlement and social housing under the Bac Ha Thanh Residential Area in combination with urban gentrification Project.
• Decision No. 2889/QĐ-UBND dated August 13, 2024, on the third phase of land allocation and leasing for project implementation.
• Land Use Rights Certificate No. DĐ 511111, registered under Certificate No. CT19248, issued by the Department of Natural Resources and Environment on November 7, 2024, for an area of 98,699.8 m², granted to Phat Dat Real Estate Development Corporation.

c. Detailed planning approved by competent authorities

• Decision No. 443/QĐ-UBND dated February 14, 2019, from the People’s Committee of Binh Dinh Province, approving the research and preparation of detailed planning for the Bac Ha Thanh Residential Area in combination with urban gentrification Project.
• Decision No. 82/QĐ-UBND dated January 8, 2020, approving the 1/500-scale detailed planning of the Bac Ha Thanh Residential Area in combination with urban gentrification Project in Phuoc Thuan Commune, Tuy Phuoc District.
• Decision No. 429/QĐ-UBND dated February 1, 2024, on approving partial adjustments to the 1/500-scale detailed planning.
• Document No. 4537/SXD-QHKT dated December 6, 2024, from the Department of Construction regarding the architectural plans for houses in the Bac Ha Thanh Residential Area in combination with urban gentrification Project.

d. Contract templates for real estate transactions

• Standard contract templates compliant with legal regulations.

2. Information on Land with Sufficient Infrastructure for Individual Home Construction

• Land Use Rights Certificate No. DĐ 511111, registered under Certificate No. CT19248, issued by the Department of Natural Resources and Environment on November 7, 2024, for an area of 98,699.8 m², granted to Phat Dat Real Estate Development Corporation.
• Document No. 4793/SXD-QLN&PTĐT dated December 24, 2024, from the Department of Construction, confirming that the land has sufficient infrastructure to allow individual home construction within the project. (Appendix attached)
• Infrastructure completion inspection certificate: Notification No. 816/TB-SXD dated November 15, 2024, from the Department of Construction, detailing the inspection results for completed infrastructure, specifically roadways and rainwater drainage systems, for Phase 1 of the project.
• Remaining infrastructure components shall fall under the Developer’s responsibility to complete and inspect following the project schedule, specifically: The following components have been completed: Power supply, water supply & fire protection system, technical trench, wastewater drainage, trees and lighting within the scope of construction permit according to the Minutes of Inspection of construction works of Bac Ha Thanh Residential Area combined with urban gentrification (phase 1) of the Department of Construction and Minutes of acceptance of completion of construction items No. 01/BBNTHTHM dated October 29, 2024 (water supply system), No. 02/BBNTHTHM dated October 29, 2024 (wastewater drainage system), No. 01/BBNTHTHM dated October 30, 2024 (tree items), No. 05/BBNTHTHM dated October 29, 2024 (lighting system), No. 06/BBNTHTHM dated October 29, 2024 (power supply system).

Confirmation of fulfillment of financial obligations related to land use and taxes, including land use fees, land rents, and taxes, fees, and charges related to land (if any) to the State according to the provisions of law for the land area with technical infrastructure in the real estate project put into business:

• Notification No. 2476/TB-CCTKV dated December 18, 2024, from the Tuy Phuoc – Van Canh Regional Tax Department, confirming the fulfillment of financial obligations related to land use.
• Document No. 4919/CTBDI-HKDCN dated December 19, 2024, from the Binh Dinh Provincial Tax Department, providing project-related information.

The project is currently mortgaged at Military Commercial Joint Stock Bank (MB Bank) under mortgage contract No. 192968.24.110.712864.BD, signed on March 5, 2024.