Accordingly, Chairman Nguyen Van Dat has completed the purchase of 3,000,000 (Three million) PDR shares through order matching on the stock exchange. The transaction was carried out between April 2 and April 7, 2026.

Prior to the transaction, Chairman Nguyen Van Dat held 271,757,264 shares, representing 27.24% ownership. Following the purchase of an additional three million shares as registered, he holds a total of 274,757,246 shares, equivalent to 27.54% ownership.

Read the full Report here.

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Rendering of the 3-bedroom apartment at Lusso Saigon (Source: Developer).

During a visit to the 3-bedroom show unit, Park Taeho – Production Manager at Hansoll Vina – expressed interest in the larger units at Lusso Saigon, drawn by the open design and expansive views overlooking Landmark 81.

“With a demanding workload of 12–15 hours a day, coming home to a spacious, airy environment helps me recharge. Lusso Saigon stands out with its floor-to-ceiling curved glass, which fills the apartment with natural light during the day and offers sweeping views of the vibrant city at night,” he shared.

The curved floor-to-ceiling glass façade enhances panoramic city views, making it especially attractive to expat professionals. 

Sharing insights on housing preferences among international professionals, Mr. Vo Nguyen Hung – Country HR Director at Ipsos Vietnam – noted that most expatriates are accustomed to international living standards and expect the same wherever they work.

According to him, there are two main demand segments among expatriates in Vietnam: First, single professionals who prefer larger apartments that allow flexible use of space for both living and working from home. Second, expatriates relocating with their families. This group has higher requirements for living space, favoring 3-bedroom apartments with scenic views and flexible layouts that ensure both privacy for each member and comfortable shared living areas.

Rendering of the Project lobby.

“Rental budgets for expatriates at FDI enterprises typically range from USD 1,000 to 10,000 per month, depending on location, position, responsibilities, and housing type – whether high-end apartments or villas. Therefore, developments offering large-sized units, particularly within ‘All-in-One’ urban complexes managed by international hospitality brands, are often the preferred choice for this discerning segment,” Mr. Hung emphasized.

Experts also point out that while spacious layouts and thoughtful design are necessary conditions, being part of an ‘All-in-One’ development operated by an international brand will be the sufficient condition to retain expatriates for a long term.

The Sky Pool on the 20th floor adds to Lusso Saigon’s appeal in terms of amenities. 

Mr. Troy Griffiths – Deputy Managing Director of Savills Vietnam – commented that Vietnam is transitioning from low-cost manufacturing to high-tech production. Managers and experts in these sectors increasingly demand higher living standards, requiring developments to offer premium amenities such as swimming pools, international schools, hospitals, and especially integrated shopping centers.

As one of the professionals exploring Lusso Saigon, Mr. Sumit Kamra – Strategy Development Director at Kantar Insights Vietnam – highly appreciates the project’s “All-in-One” concept.

International professionals are willing to pay 20–50% more to rent larger apartments in premium “All-in-One” developments (Source: Developer).

“I think one of the most impressive aspects of this apartment is its convenience, as all amenities are integrated within a single ecosystem. Convenience is crucial—it helps me recharge after a long day at work and reduces the stress of having to travel elsewhere for relaxation,” he noted.

As Ho Chi Minh City continues to attract a growing pool of global professionals, the demand for internationally standardized living spaces is becoming increasingly evident. With its flexible design, spacious layouts, and the “All-in-One” ecosystem operated by WorldHotels—the luxury brand under BWH Hotels, Lusso Saigon’s 3-bedroom apartments are gradually emerging as an ideal choice for both residential purposes and long-term investment.

Source: Dan tri.

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The four no’s model for a 5-star living experience

Speaking at the launch event of Lusso Saigon, Mr. Cyrill Czerwonka – General Manager, Head of Business Development for Asia-Pacific (APAC) at BWH Hotels – shared that Lusso Saigon is a branded residences tower (operated to international standards) under the exclusive WorldHotels Residences brand along Ho Chi Minh City’s 60-meter boulevard (National Highway 13).

“At Lusso Saigon, we craft a refined resort-style experience in every detail. Residents will enjoy professional, on-demand personalized services, so that every day feels like a stay at a world-class resort,” the BWH Hotels representative emphasized.

Living at Lusso Saigon means every time you come home feels like enjoying the comfort of a 5-star hotel.

Accordingly, the exclusive “four no’s” model is applied specifically for Lusso Saigon homeowners.

No worries about household chores, as WorldHotels provides essential services (available 16 hours a day, with a professional concierge team and an in-depth A-La-Carte system tailored to individual needs).

No need to remember schedules, as WorldHotels acts like a personal assistant—handling spa bookings, taxi, flight tickets, restaurant reservations, and timely reminders. At the same time, the tower integrates the MYBOS software system with over 50 management features, including inspections, facility bookings, direct communication, multi-functional calendars, and cashless payments.

No concerns about environmental deterioration, as all landscapes and amenities are rigorously maintained and managed according to international standards.

No need to self-manage rentals, as assets are operated under international standards. Owners do not have to worry about leasing, as all entrusted units are professionally managed, with third-party tenants strictly supervised according to 5-star hotel standards.

A rare branded residences tower with strong investment potential in Ho Chi Minh City

If international-standard management by WorldHotels is a necessary condition, then its prime location, the planned metro station right at the doorstep, along with an “all-in-one” urban development featuring an integrated shopping mall, form the sufficient condition for Lusso Saigon to join the limited collection of branded residences projects in HCMC.

According to analysts, in an increasingly competitive real estate market, the presence of Phat Dat as a developer in the branded residences segment is considered a bold and ambitious move. This is because only a handful of developers with strong capabilities and superior product quality can qualify to enter this segment.

A prime location along a 60-meter boulevard, combined with a planned metro station right at the doorstep, enhances Lusso Saigon’s appeal and ensures seamless connectivity.

Reviewing the key criteria of a branded residences tower, Lusso Saigon stands out with its rare 60-meter-wide boulevard frontage—an asset considered highly difficult to replicate.

From the project, residents can reach Ba Son Bridge in about 20 minutes, while also benefiting from the planned Thu Dau Mot – Ho Chi Minh City metro line, with a station located directly in front of the development. This line is among the ten urban railway routes prioritized for implementation before 2030, unlocking future connectivity and value appreciation potential.

Illustration of a sky pool on the 20th floor.

Lusso Saigon’s advantages also lie in its living environment and integrated amenities, designed as a “vertical journey” from ground level to the rooftop—fully accommodating shopping, entertainment, healthcare, and education needs within a self-contained complex. The development features 20,000 sqm of retail space, including a shopping street inspired by Japanese–Korean–Vietnamese styles, a Japanese-standard clinic, two international-standard schools, a Sky Pool on the 20th floor, pickleball courts, and more—all located within the premises.

The “all-in-one” model, with amenities right at residents’ doorstep, optimizes daily living time, as all essential needs can be met with just a single elevator ride.

A retail podium at the base further differentiates Lusso Saigon within its surrounding area.

Notably, Lusso Saigon is among the first developments in the area to integrate Lusso Plaza—a large-scale, three-level in-building shopping mall featuring fashion brands, dining, premium services, cinemas, and more, catering to modern residents and expatriate professionals.

From an investment perspective, Lusso Saigon benefits from strong rental demand, supported by approximately 55,000 experts working in FDI enterprises in the area. This tenant group typically prefers long-term leases of 2–3 years.

With the partnership of WorldHotels, Lusso Saigon is expected to become one of the most desirable branded residences towers in Ho Chi Minh City, while also generating stable rental income and strong liquidity for investors, driven by a ready pool of high-quality professionals in the vicinity. Ultimately, it represents a necessary step-up in standards, keeping pace with global integration and offering an international lifestyle in the City’s heart.

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PDR recorded key highlights that activate the strength and resolve of Phat Dat people. The April 2026 Internal Newsletter focuses on the following:

• Millennium Apartment residents officially received ownership certificates, marking an important milestone in completing legal procedures and reinforcing customer trust.

• The Company participated in the investment review process for the Thu Thiem Eco Smart City project, demonstrating its financial capacity and ability to engage in large-scale investments alongside international partners.
• A consortium represented by the Company has been allocated more than 19,000 m² of land in Dong Nai to develop a riverside high-rise mixed-use residential project, expanding its presence in the key southern region.
• Partnership with WorldHotels – an international hotel management brand – to operate the Lusso Saigon tower, marking a step forward in the branded residences segment and aligning service quality with international standards.

• Construction at La Pura project continues to maintain strong progress, with multiple milestones achieved and readiness for subsequent development phases.

Through these activities and achievements, the Company continues to affirm its consistent commitment to a sustainable development strategy, while progressively strengthening its market presence through effective project execution, collaborative partnerships, and higher operational standards.

Read the full Newsletter here.

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Who is BWH Hotels?

BWH Hotels is a leading global hospitality group with more than 80 years of experience in the lodging industry, operating a network of approximately 4,300 hotels across over 100 countries and territories worldwide. Currently, BWH Hotels manages three hotel brands: WorldHotels™, Best Western® Hotels & Resorts and SureStay® Hotels.

Among them, WorldHotels™ is a curated collection of independent hotels and resorts. WorldHotels is associated with a collection of around 160 premium hotels and resorts across destinations such as the United States, Mexico, China, Singapore, Thailand, Australia, and Italy—equivalent to nearly 50,000 rooms globally. Best Western Hotels & Resorts (BWHR) offers 13 hotel brands catering to developers and guests from mid-range to premium segments. SureStay Hotels is a franchise collection designed for value-oriented travelers, offering a distinctive experience at affordable prices.

WorldHotels is the most luxurious brand under BWH Hotels.

Similarly, the Residences segment is also divided into tiers, each aligned with distinct operational standards. Best Western Residences (mid-range), Executive Residency Residences (upper mid-range), Premier Best Western Residences (premium), WorldHotels Residences (luxury), offering personalized services comparable to five-star hotel standards.

Being managed by the most luxurious brand within BWH Hotels, what benefits do Lusso Saigon residents enjoy?

Recently, from March 22 to 25, 2026, at the 2026 Pan APAC Regional Conference held at the Carlton Bangkok Sukhumvit Hotel, representatives of Phat Dat signed an agreement with WorldHotels on the official management of Lusso Saigon tower—located along National Highway 13 in Ho Chi Minh City.

From left (third), Mr. Bui Quang Anh Vu – BOD Member cum Chief Executive Officer of Phat Dat – participated in the signing ceremony with senior executives of BWH Hotels.

The selection of Lusso Saigon tower in Vietnam as a managed property reflects WorldHotels’ strategic expansion of its branded residences portfolio, in line with BWH Hotels’ broader growth strategy across Asia-Pacific markets.

Mr. Cyrill Czerwonka – Regional Director of Business Development, Asia-Pacific (APAC), BWH Hotels – stated that the group’s selection process for each location involves rigorous evaluation, based on the ability to create a distinct destination identity, while meeting global standards in quality, operations, and long-term sustainable development potential.

“The key difference lies in applying hospitality expertise to the real estate sector. Through WorldHotels Residences, we deliver an elevated living standard that combines the privacy and comfort of a home with professional services, premium amenities, and the global privileges of a world-class hotel brand,” the representative from BWH Hotels emphasized.

Lusso Saigon will be exclusively managed by WorldHotels, located along National Highway 13 in HCMC.

At Lusso Saigon under WorldHotels’ management, residents will enjoy hospitality and services akin to a five-star hotel—the DNA that WorldHotels has delivered across its portfolio of 160 hotels and resorts worldwide, favored by dignitaries and international celebrities. Expected offerings include: Concierge staff stationed at the lobby, security personnel assisting with car doors and umbrella service; on-demand services such as personal butlers for luxury items and plant care; private chefs for gatherings and family occasions; personal yoga trainers, among others.

WorldHotels also applies advanced management systems to oversee amenities, service quality, and strict inspections of landscaping and swimming pools, ensuring the highest living standards for residents.

For the resident community, the MYBOS application enhances the digital living experience with over 50 features, including inspection management, facility booking, direct communication, multi-purpose scheduling, and cashless payments etc.

According to real estate experts, with strong FDI inflows, an existing base of nearly 55,000 international professionals in Ho Chi Minh City, and the ongoing infrastructure development (major road upgrades, metro network expansion), the implementation of projects managed by international brands—offering five-star hotel living standards like Lusso Saigon—is poised to shape a new trend in the branded residences market in Ho Chi Minh City.

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