It’s noteworthy that these ODV properties have all been verified by the Binh Dinh Province Department of Construction as meeting the conditions for business operations, underscoring Phat Dat’s transparency and reputation. This has been instrumental in fostering strong trust from customers.
Artist’s rendering of the Thuan An 1&2 High-Rise Residential Complex Project (Binh Duong Province)
Quy Nhon Iconic is a model urban area spanning 43.16 hectares, offering 1,422 products to the market, including land plots, houses, and shophouses. Strategically located on National Highway 19, the main route connecting Phu Cat Airport and downtown Quy Nhon, the project boasts a triple-frontage along the Ha Thanh River, seamlessly blending modern living with nature’s serenity.
Designed in the Mediterranean style, the shophouses (ODV) inject new vitality into the project while optimizing functionality for investors, serving both business and long-term residential purposes. The swift sale of all 92 combined residential and service units not only solidifies Phat Dat’s market credibility but also paves the way for the company to proceed with subsequent phases of the project.
At the strategic partnership signing event with Realty Holdings on December 3rd, the entire inventory of 181 products was subscribed. With a 95% payment rate, Phat Dat anticipates recognizing over VND 1,000 billion in revenue from this project in Q4 2024.
In addition to Quy Nhon Iconic, Phat Dat is actively developing several other large-scale projects during the 2024-2027 period, including Q1 Tower (located at 1 Ngo May, Quy Nhon, Binh Dinh), Nhu Nguyet Commercial and Service Complex (Da Nang), Thuan An 1&2 Complex Housing (Binh Duong), Poulo Condo Resort Complex (Con Dao, Ba Ria-Vung Tau), and Serenity Phuoc Hai Commercial and Service Area (Ba Ria-Vung Tau). These projects are expected to generate a combined revenue of VND 50,000 billion for Phat Dat between now and 2027. With a long-term vision, Phat Dat is committed not only to expanding its presence in strategic markets but also to enhancing living standards, developing modern urban areas, and creating sustainable investment value for its customers.
“Phát Đạt’s New Business Strategy: Leading Through Innovation”
The Chairman of the Board of Directors at PDR emphasized that the company has at least six solid projects in the pipeline, which are set to be continuously developed and implemented from now until 2027. These projects are expected to generate an impressive forecasted revenue of up to 50 trillion VND for Phat Dat.
The Private Enterprise’s Mission for the “Era of National Aspiration”
Large private enterprises need to take the initiative and be pioneers in significant, challenging, and novel endeavors. They should strive to solve complex problems at the national level to catalyze economic development and propel the country forward.
