The Q3 2025 reports from real estate companies indicate a slight improvement in the supply of apartments in Ho Chi Minh City. However, the market remains tight compared to actual demand, putting upward pressure on prices in both primary and secondary markets. Government and city efforts to resolve legal bottlenecks have unblocked several projects, which is expected to significantly boost new supply in the near future (Q4 2025 and 2026).
In this context, Sunshine Group Joint Stock Company (Sunshine Group) announced that two of its projects in Tan My and Phu Thuan wards have had legal obstacles removed by city leaders and relevant departments, allowing them to resume development and bring products to market.
The Phu Thuan ward project by Sunshine Group resumes after a period of stagnation.
Specifically, over 20 towers of the Sunshine Sky City and Noble Crystal Riverside projects in the southern part of Ho Chi Minh City have had legal issues resolved, allowing construction to continue and units to be handed over in the near future.
Previously, both Sunshine Sky City and Noble Crystal Riverside, with a total of 6,500 apartments, were under construction and considered “bright spots” in terms of progress. However, due to legal procedural issues, some towers could not be completed and launched as planned.
In addition to these projects, Sunshine Group is preparing to launch nearly 7,000 seaside apartments at the Sunshine Bay Retreat Vung Tau project, targeting young people. This project spans nearly 20 hectares on the beautiful Chi Linh beach in Vung Tau, now part of Phuoc Thang ward, Ho Chi Minh City.
Noble Palace Tay Thang Long Townhouses: Exclusive Livestream Deal Offers Nearly $200,000 Savings on October 17th
Returning to the NobleGo livestream on the evening of October 17th, Noble Palace Tay Thang Long once again solidified its allure as a premium project, drawing nearly 400,000 views across platforms. The highlight was a thrilling bidding war for a 75m² townhouse, culminating in a “steal of a deal” priced nearly 5 billion VND below market value.
Who is the New Owner as HDC Divests Entire Stake in Dai Duong Vung Tau?
In Q3, HDC recorded a remarkable profit of over 696 billion VND from the complete divestment of its shares in Dai Duong Vung Tau Company. This significant gain propelled the company’s net profit for the period to a record-breaking figure of nearly 539 billion VND.
Over 30 Strategic Distributors Partnered for the Prosperity Subdivision at Sunshine Sky City
On October 16, 2025, over 30 authorized distributors officially signed a partnership agreement to distribute the Thịnh Vượng subdivision of the Sunshine Sky City project, marking the beginning of a vibrant new phase in the Southern market of Ho Chi Minh City.
Sunshine Group Announces Q3/2025 Consolidated Financial Report: Total Assets Near VND 80 Trillion, Leading Industry Financial Performance
Sunshine Group’s nine-month profit soars past 2 trillion VND.
Khải Hoàn Prime Captivates Northern Investors with Superior Connectivity Infrastructure
Amidst a surge in new supply and shifting investment flows, Khải Hoàn Prime emerges as the focal point for year-end capital, poised to reap significant benefits in 2025.
