After a period of significant volatility, FLC Group is showing early signs of recovery in the real estate market, highlighted by the Hausman Premium Residences project—a luxury apartment complex within the FLC Premier Parc urban area (Dai Mo Ward, Hanoi).
According to the plan, Hausman Premium Residences is ahead of schedule by nearly a year. Construction teams are accelerating the final stages, with roof pouring starting on November 13, 2025, and topping out expected in mid-November 2025. Handover to customers is scheduled for June 2026.
Within FLC Group’s portfolio, Hausman Premium Residences is considered a valuable asset. It boasts a prime location on the extended Le Quang Dao Street, adjacent to the new 70-meter road—two vital traffic arteries in western Hanoi.
Connectivity is further enhanced with the full opening of the extended Le Quang Dao Street. Notably, the headquarters of various ministries in the Me Tri area are located at the intersection of Thang Long Avenue, Cuong Kien Street, and the extended Le Quang Dao Street. In the future, an estimated tens of thousands of civil servants, businesses, and employees will work along this 2.6 km stretch, driving up demand for home ownership and rentals.
Spanning over 10,300 m², the project offers more than 400 luxury apartments, harmoniously planned within a 12-story tower with 3 basement levels. This ensures each apartment has 1-2 car parking spaces—a rare feature in urban projects struggling with limited basement space to meet resident needs.
With only 12 floors, this is the only condominium project in western Hanoi offering 100% unobstructed views akin to those of villas, free from the shadow of skyscrapers. Every unit enjoys expansive, naturally lit vistas.
At its launch in early June, the average apartment price was around 80 million VND/m². Currently, prices have surged to 110–120 million VND/m².
Hausman Premium Residences is nearing completion of its final phases.
FLC is gradually reactivating its real estate division, the cornerstone of its reputation. Beyond Hausman Premium Residences, in April 2025, the former Binh Dinh Province (now Gia Lai Province) approved FLC’s proposal to study and conceptualize an airport urban area in Cat Tan Commune, Phu Cat District.
Following unprecedented leadership crises and turmoil, FLC Group Joint Stock Company is signaling the initial stages of a comprehensive restructuring effort. The latest development—the Hanoi Civil Judgment Execution Agency’s confirmation of Mr. Quyet’s voluntary compliance with financial obligations—marks a pivotal moment, closing one chapter and opening a new one for the company.
This legal milestone concludes years of financial obligations tied to the FLC case, providing a transparent legal foundation for the group’s operational overhaul.
While resolving legal hurdles is a long-term achievement, FLC’s reacquisition of Bamboo Airways symbolizes the company’s rebirth. Bamboo Airways, born from entrepreneur Trinh Van Quyet’s aviation aspirations, is now under FLC’s direct management, serving as a strategic pillar for the group’s restructuring.
On November 11, 2025, FLC Group will convene an extraordinary shareholders’ meeting at FLC Landmark Tower (Hanoi). This event is a critical juncture in the restructuring process, where the company will outline its comprehensive operational strategy and 2026 business plan.
According to the first-half 2024 governance report, as of June 30, 2024, Mr. Trinh Van Quyet holds over 215.4 million FLC shares, equivalent to 30.34% of the group’s charter capital. Despite stepping down from FLC leadership roles due to legal issues, he remains the largest shareholder.
Soaring Land Prices Crush Real Estate Transactions
According to the Market Research & Consumer Insight Center of One Mount Group, in Q3/2025, residential land transactions experienced a significant decline compared to the previous quarter.
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Amidst the recent developments at FLC, following the completion of legal obligations by its former Chairman, Trịnh Văn Quyết, investors are closely watching the company’s next moves with heightened interest.
FLC Vows to Overcome Challenges and Restore Stability to the Group
FLC is currently finalizing its separate and consolidated financial statements for the years 2021–2024, along with other related reports.
FLC’s Fate Hangs in the Balance: Will Trịnh Văn Quyết Make a Historic Appearance at the Upcoming Congress, Three Years After the Landmark Event?
FLC stands at a pivotal moment, poised for a transformative restructuring after more than three turbulent years. The extraordinary shareholders’ meeting on November 11th will not only chart the conglomerate’s future but also reignite speculation: Will Trịnh Văn Quyết reemerge after his prolonged absence?
Breaking: FLC Abruptly Relocates Shareholder Meeting to Iconic Tower, Symbol of Trịnh Văn Quyết’s Golden Era
The venue for FLC’s extraordinary shareholders’ meeting has been relocated to the 36th and 37th floors of The West Building, 265 Cau Giay Street, Hanoi.
