All 92 shop-houses at Quy Nhon Iconic Project by Phat Dat sold out

Phat Dat Real Estate Development Corporation (PDR) has successfully completed the signing of sale and purchase agreements for 92 shop-houses in phase 1 of Quy Nhon Iconic. These transactions have generated over VND 500 billion for PDR, marking a favorable start for this flagship real estate project in Binh Dinh.

Notably, all shop-houses have been certified by the Binh Dinh Provincial Department of Construction as eligible for sale, reaffirming Phat Dat’s transparency and credibility. This has played a significant role in strengthening customer confidence.

Quy Nhon Iconic is a model urban area spanning 43.16 hectares, offering 1,422 products, including land plots, townhouses, and shop-houses. The project is located on National Highway 19, a vital route connecting Phu Cat Airport and Quy Nhon City center. With its three sides facing the Ha Thanh River, the urban area provides a modern living environment harmoniously integrated with nature.

Featuring a Mediterranean design style, the shop-house section brings new vibrancy to the project while maximizing value for investors, catering to both business and long-term residential purposes. The rapid sale of 92 shop-houses not only reinforces Phat Dat’s market reputation but also paves the way for the company to proceed with the next phases of the project.

Also in the strategic partnership signing event with Realty Holdings on December 3, the entire portfolio of 181 products was fully registered. With a payment rate of 95%, Phat Dat expects to record over VND 1 trillion in revenue from this project in Q4.2024.

In addition to Quy Nhon Iconic, Phat Dat is advancing several other major projects during the 2024-2027 period, such as: Q1 Tower (No. 1 Ngo May, Quy Nhon, Binh Dinh), Nhu Nguyet Commercial-Service Complex (Da Nang), Thuan An 1 & 2 Residential Complex (Binh Duong), Poulo Condo Resort Complex (Con Dao, Ba Ria – Vung Tau), and Serenity Phuoc Hai Commercial-Service Complex (Ba Ria – Vung Tau)

CGI of Thuan An 1 & 2 High-Rise Residential Complex (Binh Duong)

All these projects are expected to generate total revenue of VND 50 trillion for Phat Dat from now until 2027. With a long-term vision, Phat Dat is not only focusing on developing its strategic markets but also on enhancing living standards, building modern urban areas, and delivering sustainable investment value for customers.