Vice Chairman of Gia Lai Provincial People’s Committee, Nguyen Huu Que, has signed a decision approving the adjustment of investment policy, reaffirming FLC Group Joint Stock Company as the investor for the Hotel and Commercial Townhouse Complex project.
According to the adjusted decision, the construction and completion timeline for the project has been extended from December 2025 to June 2028. The project will be implemented in two phases.
Specifically, from December 2025 to March 2026, FLC Group must complete the internal technical infrastructure system (excluding the connection infrastructure from the hotel to the common technical infrastructure) and finish constructing 32 adjacent houses.
In the subsequent phase, from March 2026 to June 2028, the investor must complete all remaining technical infrastructure, the hotel block, green parks, and construct the remaining 58 adjacent houses, bringing the entire project into operation.
Gia Lai Provincial People’s Committee requires FLC Group to urgently implement the project in accordance with the approved schedule, fully comply with relevant standards, regulations, and laws related to planning, investment, housing, real estate business, land, construction, environment, and fire prevention. The company must periodically report project progress to the Department of Finance and the Department of Construction for monitoring and supervision.
The Hotel and Commercial Townhouse Complex project (commercially known as FLC Hilltop Gia Lai) was approved for investment by Gia Lai Provincial People’s Committee in October 2019, with a total investment of approximately VND 760 billion. The project covers an area of over 3.1 hectares, located at 29 Nguyen Van Cu Street, Dien Hong Ward (formerly Ia Kring Ward, Pleiku City).
Despite commencing construction in Q3 2019, the project faced legal complications, leading to prolonged delays before adjustments were made and construction resumed.
Notably, in 2024, the Government Inspectorate announced inspection conclusions for the project, identifying numerous serious violations related to land allocation, planning adjustments, and construction management. Based on these findings, Gia Lai Provincial People’s Committee directed relevant agencies to review and rectify issues in compliance with regulations.
The construction and completion timeline for the FLC Hilltop Gia Lai project has been extended from December 2025 to June 2028.
In addition to the FLC Hilltop Gia Lai project, Gia Lai Provincial People’s Committee recently approved the investment policy for the Dak Doa Golf Course project through an investor selection tender, with a total expected investment of over VND 1,150 billion.
Previously, on April 1, 2021, the Prime Minister issued a decision approving the investment policy for the Dak Doa Golf Course project, with FLC Group as the approved investor. According to the decision, the project has a total investment of over VND 1,142 billion, including mobilized capital of more than VND 969 billion, and a scale of 36 golf holes.
FLC Group commenced construction of the project in April 2021, but implementation was later suspended. On November 28, 2025, Vice Chairman Nguyen Huu Que inspected the pine forest area within the Dak Doa Golf Course project in Dak Doa Commune.
Following the inspection, the leadership of Gia Lai Provincial People’s Committee requested FLC Group to urgently establish patrol teams to protect the pine forest within the project area until a specific handling plan is in place.
Additionally, the company must proactively coordinate with the Department of Agriculture and Environment, Dak Doa Commune People’s Committee, and relevant agencies to promptly detect, prevent, and strictly handle violations in accordance with regulations.
FLC Group is showing clear signs of recovery.
After a period of significant fluctuations, FLC Group is demonstrating clear signs of recovery in the real estate market, with several key projects recording positive progress.
Most recently, the FLC Tropical City Ha Long social housing project (commercially known as GreenLife Apartment) in Cao Xanh Ward, Quang Ninh, has entered a critical phase, with topping out expected by mid-December 2025. The investor’s representative stated that the main structural components have been completed, ensuring conditions for roof construction.
In Hanoi, the Hausman Premium Residences project—a high-end apartment complex within the FLC Premier Parc urban area (Dai Mo Ward, Hanoi)—has also attracted attention by surpassing its initial schedule by nearly a year. Units are rushing to complete the final components, pouring the roof slab from November 13, 2025, and topping out in mid-November 2025, with handover to customers expected in June 2026.
In addition to these two projects, the FLC Quang Binh Hotel & Villas project (433 rooms) is also accelerating progress to open in 2026.
At an extraordinary shareholders’ meeting in mid-November, FLC’s leadership affirmed that real estate remains the group’s core business, with over 50 projects under implementation and research across 11 provinces and cities nationwide, focusing on Hanoi, Quang Ninh, Thanh Hoa, Quang Tri, and Gia Lai.
As of September 2025, FLC has handed over 2,301 out of 3,173 units in key projects and completed land title procedures for many customers.
Greenlight for Billion-Dollar Golf Course Investment in Gia Lai
The People’s Committee of Gia Lai Province has approved the investment policy for the Dak Doa Golf Course project in Dak Doa Commune. This ambitious project will feature a 36-hole golf course, spanning over 170 hectares, with an estimated investment capital of more than 1.15 trillion VND.
Gia Lai Approves 171-Hectare Dak Doa Golf Course Investment Plan
Nestled in the heart of Gia Lai, the Đak Đak Golf Course project spans over 171 hectares, offering a 50-year operational vision that seamlessly blends sports, tourism, and entertainment services.
FLC Logo Returns to Bamboo Airways Aircraft
The return of the FLC logo to Bamboo Airways’ fleet signifies FLC Group’s official takeover of operational control from the previous investor group.
Hương Trần Kiều Dung: The Resurgence of FLC’s Female Powerhouse Alongside Trịnh Văn Quyết
Hương Trần Kiều Dung, a prominent figure in the business world, previously served as the Executive Vice Chairwoman of the Board of Directors at FLC Group. Her leadership and expertise have left a significant mark on the corporation’s trajectory.
FLC Rebounds Strongly Post-Turbulence: Former Chairman Trịnh Văn Quyết’s Projects Top Out, 700+ Affordable Housing Units Set to Launch at $650/m²
Following the remarkable success of the Hausman Premium Residences project, which garnered attention for completing construction nearly a year ahead of schedule, FLC is accelerating its momentum with the FLC Tropical City Ha Long social housing project. This development is on track to reach its topping-out milestone by mid-December 2025.
