BIM Lands

What BIM Lands does

BIM Land JSC is the dedicated real estate development arm of Vietnam-based diversified conglomerate BIM Group (founded 1994). The company operates as an integrated township, branded-residence and mixed-use developer with a 5.6 million m2 land bank across five destinations: Hanoi, Ha Long (Quảng Ninh), Phu Quoc (Kiên Giang), Ninh Thuan, and Vientiane in Laos, with the 85-ha Thanh Phú Centre Point in Long An representing its newest western gateway to Ho Chi Minh City. Its portfolio spans luxury and mid-market residential products (≈6,400 apartments, ≈2,500 villas and townhouses), a hospitality platform of 12 hotels and resorts with approximately 5,000 rooms and 337 villas, and a commercial real estate stack of three centers and offices (Halong Marine Plaza, TTTM Syrena, Royal Square Vientiane).

BIM Land generates revenue from three streams. First, one-time real estate sales of residential units, villas, shophouses and apartments across luxury (e.g., Park Hyatt Phu Quoc Residences, Aria Bay, Grand Bay Halong Villas) and mid-tier (Green Bay Tower/Premium, SkyM, Spring Residences, Valley Town) projects. Second, recurring hospitality revenue from hotel operations managed under internationally licensed brands including Park Hyatt, Regent, InterContinental, Citadines, Fraser Suites, Crowne Plaza and Holiday Inn. Third, recurring commercial rental income from retail podiums, beachfront kiosks, and office space (notably Royal Square Vientiane's 10-storey, 6,100 m2 building), with disclosed occupancy of 80% at TTTM Syrena and 83% at TTTM Halong Marine Plaza.

The go-to-market is sales-led, executed through on-site sales galleries (Hanoi headquarters plus project sites in HCMC and Phu Quoc), a network of 10 official distribution partners, and international hospitality brands acting as de facto marketing and loyalty channels. Distribution and design are outsourced to a tier-one global partner ecosystem — WATG, HBA, KUME Design Asia, Aedas Singapore and Coopers Hill on architecture and landscape; AEON Mall on retail anchors; Prime Medical Care, Sailing Club and Toong on amenity layers. Capital structure is anchored by a USD 137.5 million combined debt package in 2023 (USD 87.5M from IFC; USD 50M from Credit Suisse), supporting Thanh Xuan Valley as a sustainability-linked, EDGE-certified development — Vietnam's first sustainability-linked bond in real estate per IFC disclosure.

Name

BIM Lands

Legal name

BIM Land JSC

Website

https://bimland.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

BIM Land JSC is the real estate development arm of Vietnam's BIM Group, building integrated townships, branded residences, hotels, and retail centers across Vietnam and Laos. It serves high-net-worth buyers, middle-class families, retail tenants, and international tourists across five destinations.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Traveler Accommodation (7211), Lessors of Real Estate (5311), Lessors of Other Real Estate Property (53119)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

• Real estate development
• Luxury residential properties
• Integrated township projects
• Hospitality and resorts
• Commercial property leasing

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Real estate property sales: BIM Land generates primary revenue from selling residential units, villas, shophouses, and apartments across its integrated urban and resort developments in Vietnam and Laos. Products span multiple tiers: luxury beach villas (Park Hyatt Phu Quoc Residences, Grand Bay Halong Villas), mid-range condominiums (Green Bay Tower, Sunrise Apartment, SkyM), and commercial shophouses. The company also develops and sells townhouses and urban plots such as Thanh Xuan Valley (1,000+ products across multiple phases) and Thanh Phu Centre Point (1,251 products in Phase 1).
2. Hotel and resort operations: BIM Land operates a portfolio of 12 hotels and resorts with approximately 5,000 rooms and 337 villas under international management brands including Park Hyatt, InterContinental, Fraser Suites, Citadines, Crowne Plaza, Holiday Inn, and Regent. Revenue includes room rentals, food and beverage, event services, and ancillary hospitality services managed under these international operators.
3. Commercial property leasing: BIM Land derives rental income from retail spaces, office buildings, and commercial podiums within its mixed-use developments. Notable leasing assets include TTTM Syrena (4,600 m2, 80% occupancy), TTTM Halong Marine Plaza (23,583 m2, 83% occupancy), Green Bay Tower and Premium (retail floors), Royal Square Vientiane office building (10-storey, 6,100 m2), Halong Marina Square (88 boutique hotel/shophouse units, 108,959 m2 GFA), and multiple waterfront kiosks. Tenants include VinMart+, Annam Gourmet Market, CGV, Elite Fitness, WestCoast International Dental Clinic, Raffles Medical, and others.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

BIM Land develops, markets, and sells integrated residential, resort, and commercial real estate across Vietnam and Laos, spanning luxury beachfront villas, branded residences, high-rise apartments, townhouses, and shophouses. The company operates a portfolio of 12 internationally branded hotels and resorts with approximately 5,000 rooms and 337 villas, and manages commercial leasing across shopping centers, office buildings, and retail podiums within its master-planned developments. Revenue is generated through one-time property sales, recurring hotel and resort operations, and rental income from commercial assets.

Product overview

BIM Land operates as a diversified real estate development company within BIM Group, managing an integrated portfolio of residential, commercial, hospitality, and mixed-use projects across Vietnam and Laos. The product portfolio spans five destinations: Hanoi, Ha Long, Phu Quoc, Ninh Thuan, and Vientiane (Laos). Core residential products include luxury villa developments (Thanh Xuan Valley, Park Hyatt Phu Quoc Residences), high-rise apartments (Aria Bay, SkyM, Thanh Phú Centre Point), and commercial townhouses (Little Vietnam, Royal Lotus). Commercial retail offerings encompass shopping centers (TTTM Syrena, TTTM Halong Marine Plaza), retail spaces (Green Bay Tower/Premium, Halong Marina Square), and beachfront public spaces. Hospitality operations feature internationally branded hotels and resorts (InterContinental, Park Hyatt, Crowne Plaza, Holiday Inn, Fraser Suites, Citadines) operated by global management partners. The company also provides property rental and management services for commercial spaces.

Differentiator

Problem solved

Functional benefit

Brands

• Thanh Xuan Valley: A ~170-ha green township resort development near Lake Đại Lải at the northern gateway of Hanoi, featuring valley residences, an InterContinental-managed resort, Country Club, and wellness amenities.
• Marina Bayfront District
• Aria Bay
• SkyM
• Thanh Phú Centre Point
• Park Hyatt Phu Quoc Residences

Products and services

• Thanh Xuan Valley Integrated ~170-hectare tourism and residential development near Lake Đại Lải at the northern gateway of Hanoi, featuring Valley Park Residences, Valley Town, Spring Residences, and an InterContinental-managed resort, Country Club, and wellness amenities, targeted at affluent and upper-middle-class residential buyers.
• Aria Bay Dual-tower iconic 40-storey apartment complex within Marina Bayfront District, Ha Long, featuring 100% bay-facing units, designed by Aedas Singapore with HBA interior consultancy, targeted at premium residential buyers seeking panoramic Ha Long Bay views.
• Marina Bayfront District Mixed-use waterfront district in Ha Long comprising Aria Bay twin towers, Sailing Beach Club, Soul Boutique Hotel, and commercial retail complexes, positioned as a luxury waterfront destination.
• SkyM Halong 40-storey beachfront apartment tower complex with 1,980 apartments and 89 shop units at Halong Marina, designed by HBA with KUME landscape consultancy, offering resort-lodge-investment integrated living targeted at mid-market and investor buyers.
• Thanh Phu Centre Point 85-hectare integrated urban township at the western gateway of Ho Chi Minh City (Long An province), featuring 1,251 products in Phase 1, developed by BEHS with Codinachs Architects, targeting upper-middle-class residential buyers and families.
• Park Hyatt Phu Quoc Residences Luxury beachfront villa development on Phu Quoc island featuring 20 ultra-luxury residences (6 beach villas, 7 lake villas, 7 hill villas), operated under the Park Hyatt brand, targeted at ultra-high-net-worth Vietnamese and international buyers.
• TTTM Syrena Shopping Center Two-floor shopping center within Fraser Suites Hanoi complex at 51 Xuan Dieu, Tay Ho district, offering 4,600m² of leasable retail space at 80% occupancy, serving nearby residents and the expatriate community.
• TTTM Halong Marine Plaza Two-floor shopping center with 23,583m² of leasable area including a cinema (CGV), food court, and night market at 83% occupancy, serving Halong Marina visitors and surrounding residents.
• Royal Square Office Building (Vientiane) 10-storey office building with 6,100m² of leasable office space in Vientiane, Laos, serving corporate tenants in the Laotian capital, including the co-working operator Toong.
• Halong Marina Square Boutique hotel and shophouse complex with 108,959m² GFA across 88 units and 8 floors, located in Ha Long, providing managed accommodation and commercial leasing space.
• Spring Residences (Thanh Xuan Valley) Contemporary villa collection within Thanh Xuan Valley comprising 152 villas (50 semi-detached and 102 townhouse units), targeted at upper-middle-class families seeking integrated resort amenities.
• Valley Town (Thanh Xuan Valley) Commercial street villa collection within Thanh Xuan Valley, limited to 81 units with Mediterranean-inspired design, offering mixed commercial-residential usage within the township.
• Hotel and Resort Operations Portfolio Portfolio of 12 hotels and resorts with approximately 5,000 rooms and 337 villas operated under international management brands including Park Hyatt, InterContinental, Fraser Suites, Citadines, Crowne Plaza, Holiday Inn, and Regent, generating room rental, food and beverage, and event revenue.

Quantifiable outcome

• USD 137.5 million in combined financing secured from Credit Suisse and IFC in 2023
• +4 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered flagship, core and minor.

• InterContinental Hotels Group (IHG)flagshipStrategic or Co-development PartnerIHG operates the InterContinental Thanh Xuan Valley Resort (the first valley resort of InterContinental in Vietnam, expected to open 2027) and the InterContinental Phu Quoc Long Beach Resort. BIM Land collaborates with IHG for resort development, management, and the operation of the Country Club at Thanh Xuan Valley, bringing international hospitality standards to BIM Land's luxury developments.
• Hyatt International (Park Hyatt)flagshipStrategic or Co-development PartnerPark Hyatt operates the Park Hyatt Phu Quoc Residences - a collection of 20 luxury villas (6 beach villas, 7 lake villas, 7 hill villas) on Phu Quoc island. BIM Land holds the right to market and sell the residences using the Hyatt name and trademarks. This partnership brings ultra-luxury branded residences to BIM Land's portfolio.
• Sailing Club Leisure GroupcoreStrategic or Co-development PartnerSailing Club Leisure Group, with 25 years of development experience in Southeast Asia resort and leisure sector, is a strategic partner for beach club and leisure facility development within BIM Land's Marina Bayfront District and other coastal projects. The group operates the Sailing Beach Club at Marina Bayfront District.
• Toong Co-working SpaceminorStrategic or Co-development PartnerBIM Land partnered with Toong to develop Toong Samsenthai, the first premium co-working space in Laos, within the Royal Square Vientiane complex. The space opened in January 2019 and serves young professionals and digital nomads, inspired by the Mekong river connecting three Indochinese countries.
• BHS GroupcoreChannel Partner/ Reseller/ DistributorBHS Group serves as a key real estate distribution and business development partner for BIM Land's Thanh Xuan Valley project. BHS Group is recognized as one of Vietnam's leading real estate consultancies with deep expertise in premium property sales and marketing. The partnership was formalized in September 2023.
• An Phat Real Estate JSCcoreChannel Partner/ Reseller/ DistributorOfficial distribution partner for Thanh Xuan Valley project, one of 10 authorized distribution partners appointed by BIM Land in June 2025.
• An Viet HomescoreChannel Partner/ Reseller/ DistributorOfficial distribution partner for Thanh Xuan Valley project, one of 10 authorized distribution partners appointed by BIM Land in June 2025.
• Trust Real & Redland AlliancecoreChannel Partner/ Reseller/ DistributorOfficial distribution partner alliance for Thanh Xuan Valley project, one of 10 authorized distribution partners appointed by BIM Land in June 2025.
• Prime Medical Care (PMC)coreStrategic or Co-development PartnerPMC operates a wellness center within the Country Club at Thanh Xuan Valley, providing proactive, personalized healthcare services to residents. PMC brings a model of preventive and active healthcare integrated into daily living, including personal doctors, 24/7 medical hotlines, emergency response, and community health education programs.
• Aedas (Singapore)coreTechnology or IntegrationAedas serves as the architectural design consultant for Aria Bay, the iconic dual-tower development within Marina Bayfront District in Ha Long. Aedas provides architectural design services contributing to the project's distinctive stepped design resembling piano keys.
• WATG (Hawaii, USA)coreTechnology or IntegrationWATG provides master planning, architecture, and landscape design consulting for Thanh Xuan Valley and other BIM Land projects. With 80 years of experience, WATG is a globally recognized design consultancy having worked with Four Seasons, Hyatt, IHG, Six Senses, and The Ritz-Carlton.
• KUME Design Asia (Japan)coreTechnology or IntegrationKUME Design Asia provides landscape design consulting for Thanh Xuan Valley and other BIM Land projects. With over 85 years of experience in Japan and more than 10 years in Vietnam, KUME has designed over 6,000 projects across 40 countries, contributing to the distinctive Mediterranean-style landscape design at Valley Town and other developments.
• HBA / Hirsch Bedner AssociatescoreTechnology or IntegrationHBA provides interior design consulting for Thanh Xuan Valley and the SkyM project. As one of the world's leading hospitality design firms, HBA contributes to the premium interior design standards of BIM Land's resort and residential developments.
• AEON MallcoreStrategic or Co-development PartnerBIM Group and AEON Mall Vietnam signed a cooperation agreement in May 2025 to develop a VND 4,300+ billion (USD ~170 million) shopping mall within the Thanh Phu Centre Point development in Long An province. This partnership builds on their existing relationship following the AEON Mall Ha Dong project in Hanoi.
• Coopers HillcoreTechnology or IntegrationCoopers Hill provides landscape design consulting for Aria Bay and other BIM Land projects. With over 40 years of international experience in landscape architecture and master planning across 30+ countries, Coopers Hill has worked on projects including InterContinental Phuket Resort, W Maldives, and Hyatt Regency Chongming.
• Viet Orient Hospitality (VOH)coreImplementation/ SI/ Consulting PartnerVOH provides hotel and resort management and operations services for SkyM and other BIM Land projects, including booking management, check-in/out services, concierge, customer care, property management software, 24/7 security, and maintenance. VOH was established in 2017 with a team of hotel experts having over 20 years of experience.
• The Holiday HalongcoreChannel Partner/ Reseller/ DistributorThe Holiday Halong (operating within Global Invest ecosystem) is a major shareholder of Vietnamtourism-Hanoi and provides tourism management and distribution services for SkyM and BIM Land projects, including OTA channel management, travel agency partnerships, and event organization.
• ALC HomesminorImplementation/ SI/ Consulting PartnerALC Homes provides property management, operations, and rental management services for premium apartments and commercial spaces at BIM Land properties including Green Bay Tower, Green Bay Premium, and Lotus Residences. The company manages over 1,000 tourism collaboration partners in the Ha Long area.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• CapitaLand (Vietnam): Singapore-based regional real estate group with established Vietnam operations across residential (D1mension, Feliz en Vista), retail (S Capitol, Vista Verde), and integrated developments. Comparable to BIM Land as a foreign-affiliated mixed-use developer competing in Vietnam's premium segment.
• Keppel Land: Singapore-based regional real estate developer with Vietnam projects including Saigon Centre, Estella, and Celesta City. Comparable as an international mixed-use developer active in Vietnam's high-end residential and commercial segments.

Direct peers

• Đất Xanh Group: Listed Vietnamese real estate developer operating across mid- to upper-mid residential and mixed-use developments nationwide. Comparable to BIM Land in product positioning (apartments, townhouses) and broad national distribution footprint.
• FLC Group: Vietnamese conglomerate with resort-led real estate and hospitality (FLC Hotels & Resorts, golf courses, integrated townships). Closely comparable historically to BIM Land's resort + hotel + residential model, though currently undergoing restructuring.
• Novaland Group: One of Vietnam's largest private real estate developers with a portfolio spanning mid- to high-end residential, hospitality, and integrated townships (Aqua City, NovaWorld). Closely comparable to BIM Land on resort/residential mixed-use development, particularly in Phu Quoc and surrounding destinations.
• Vinhomes: Vietnam's largest listed real estate developer and the dominant player in large-scale integrated townships (Vinhomes Ocean Park, Vinhomes Grand Park, etc.). Directly comparable to BIM Land on master-planned, mixed-use residential development across Vietnam, though at materially larger scale.
• Nam Long Group: Listed Vietnamese developer focused on mid-market residential townships (EHome, Flora, Valora, Mizuki). Comparable to BIM Land's mid-market apartment and townhouse product lines and integrated community development approach.
• Becamex IDC: Vietnamese industrial-urban developer operating large-scale integrated townships in Bình Dương province and beyond. Comparable to BIM Land on master-planning scale, mixed-use development, and long-term infrastructure-led urban expansion.
• Sun Group: Vietnamese conglomerate with deep parallel exposure to tourism-led real estate, branded resorts (InterContinental, Marriott, Hilton partnerships), and entertainment complexes across Phu Quoc, Ba Na Hills, and Sa Pa. Strongly comparable to BIM Land's hospitality + resort real estate model.
• Hưng Thịnh Land: Top-tier Vietnamese private real estate developer with projects across HCMC, Hanoi, and key secondary cities including Phan Thiết and Nha Trang. Comparable mid- to upper-mid residential product positioning and distribution-led sales model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights8 records

Customer concentration

• YouTubeyoutube.com/@BIMLandOfficial
• Facebookfacebook.com/CongtyCPBDSBIM

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BIM Lands