March 2025 IR Newsletter: Phat Dat Leads the Growth Cycle with 3 Key Projects

Phat Dat Real Estate Development Corporation (HOSE: PDR) has released its March 2025 IR Newsletter, providing updates on the macroeconomic landscape, real estate market trends, and the company’s strategy to capitalize on new growth opportunities.

Economic Recovery Underway, Real Estate Market Rebounds

Vietnam’s economy showed positive growth in the first two months of 2025:

• FDI in real estate reached $1.5 billion (+3.2% YoY).
• Retail sales in February rose 9.4%, the highest since 2022.
• Exports hit $64.3 billion (+8.4%), though trade surplus narrowed.

FDI inflows into real estate continue to surge.

The Government and State Bank of Vietnam maintain strong support through flexible monetary policies. Commercial banks are offering preferential home loan packages at just 3.7–5.5% interest, with terms up to 50 years, boosting real estate demand.

Phat Dat Accelerates Project Execution, Poised for Breakthrough

Anticipating a market recovery in 2025, Phat Dat is accelerating six key projects, with three major highlights:

• Quy Nhon Iconic: Phase 1 cash flow remains on track, with strong sales and business activities in Q1/2025.
• Thuan An 1 & 2: Land use fee obligations to be completed in Q2/2025, with technical infrastructure ready for operations and sales ready for launching
• Q1 Tower (Quy Nhon): Finalizing legal procedures for commercial launch.

Quy Nhon Iconic – the Happy city in Binh Dinh

Additionally, the Dung Quat 2 Industrial Park is expected to receive investment approval in June 2025, unlocking major opportunities in the industrial real estate segment.

Solid Financial Strategy, Expanding Land Bank

Since late 2024, Phat Dat has recovered over VND 1 trillion in receivables, with another VND 1 trillion expected in the next 6–12 months, ensuring financial readiness for key projects. From 2025–2027, revenue from six major projects is projected at VND 40–50 trillion.

PDR Leadership Discusses 2025 Strategy in the livestream Analyst Meeting

Alongside project execution, Phat Dat continues to expand its land bank, bidding for and negotiating high-potential projects. With a strong foundation and breakthrough strategy, Phat Dat is well-positioned for a powerful leap in the new cycle.

Read the full bulletin here