Acquiring a “diamond” land in Da Nang, Phat Dat gives branded residence a boost

Strongly affirming the commitment to accompany the Government and the Da Nang People’s Committee in the course of building a key economic zone in the Central region, PDR is completing an M&A deal for a “diamond” land in the heart of Da Nang City to develop the first branded residential project in Da Nang City – the so-called “Vietnam’s most livable city.”

On 15th March 2021, the Prime Minister issued Decision No. 359/QD-TTg approving the adjustments of Da Nang’s general planning toward 2030, with a vision toward 2045, on building Da Nang city to be one of the major social & economic centers of Vietnam and Southeast Asia.

The plan gives prominence to making Da Nang a seaport hub – an international coastal city enjoying a central position among the chain of urban growth poles across the Central and Central Highlands key economic regions. This is considered a gateway and a driving force to attract large-scale enterprises’ investment for the mutual development and positioning of Da Nang on the map of Vietnam and the region.

Backed up by a well-established position in HCM City, Binh Duong, Quang Ngai, Binh Dinh, etc. Phat Dat Real Estate Development Corporation (Stock Code: PDR) ventures into Da Nang City, strongly committing to the Central Coastal’s development strategy to generate a new stature for this key economic area.

In detail, PDR is completing an M&A deal for a prime project in central Da Nang city, marking the enterprise’s “debut” in the heart of the Central by owning the rarefied remaining “diamond” land on the most beautiful and luxurious street. Adjacent to the Dragon Bridge – “the center within the center” location, the project fully converges the top-of-the-line facilities of the financial – commercial – cultural – tourist Da Nang City.

PDR is in the process of completing the M&A deal for a “diamond” land in the heart of Da Nang City. Image: Internet

Having succeeded in building Phat Dat’s brand prestige with high-end and mid-end residential product lines, PDR will tackle the branded residence as the next step along the journey fulfilling the mission of “Creating a perfect living environment with unique architecture and outstanding quality.”

Owning the capability and experience in developing residential real estate projects for nearly 2 decades and strong commitments in building the Central key economic zone, PDR will devote its worthy efforts and investment to the “diamond” land in the heart of Da Nang city, giving a boost to the first international-standard branded residence in the heart of the Central.

As especially novel as the branded residence is in Vietnam, there are few investors capable of developing such a product line. Phat Dat is one of those few investors thanks to its extensive experience in high-end segment across the country and careful preparation with the world’s leading property management brands. Thus, PDR is ready to seize and promote investment in outstanding projects that embrace the trend and the market in need of branded residence. Thereby, the new development will contribute to excellent business efficiency in project development as well as enables PDR to conquer new heights “beyond the limit” in the New Era.