Khai Hoan Land Group

What Khai Hoan Land Group does

Khai Hoan Land Group (HOSE: KHG) is a publicly listed Vietnamese real estate developer headquartered at the Khai Hoan Building in Phu My Hung Urban Area, Ho Chi Minh City. Founded in 2006, the company is domiciled in Vietnam and reorganized into its current group structure around 2021 in conjunction with its HOSE listing. It develops premium residential real estate — apartments, villas, and shophouses — targeting high-net-worth individuals, affluent families, and technology-sector professionals in southern Vietnam. The company reports 5,001-10,000 employees and reports revenue of 22.86 trillion VND in 2025 (approximately USD 914M at reference rates).

The company's product platform is anchored by an approximately 1,000-hectare strategic land bank distributed across Ho Chi Minh City and surrounding former Binh Duong and Vung Tau areas, Tay Ninh, Lam Dong, Vinh Long, and Phu Quoc. Flagship projects include Khai Hoan Prime (1,296 premium apartments with low ~21% building density and luxury amenities), Khai Hoan Imperial (a 41-floor, ~1,400-unit luxury 'Bespoke' apartment complex on Quoc Lo 13 opposite AEON Mall Binh Duong Canary, with construction commencement in June 2026 and target handover in July 2028), and the upcoming Khai Hoan Grande (planned Q2 2026). Across all projects the company reports construction pace of 8-10 days per floor and emphasizes end-to-end legal compliance and transparent progress. Architectural design is delivered through a key partnership with international firm Dewan, and resident financing is supported through a partnership with MB Bank. The company's 20,000-unit product pipeline over the next 3 years implies a delivery cadence of ~6,500 units per year, with ~4,000 units earmarked for Q2 2026 delivery.

In 2025, Khai Hoan Land completed a strategic restructuring to focus exclusively on the developer role, transferring all brokerage and distribution capabilities to two wholly-owned subsidiaries: Khai Minh Land (real estate brokerage and distribution, also distributing projects for major developers including Vingroup, Masterise Homes, and VinaCapital) and Solution (marketing and sales execution). External distribution is augmented by approximately 250 partner agents across northern and southern Vietnam. Revenue is generated primarily through one-time unit sales to end buyers, with the 'Bespoke Living' brand serving as the differentiation platform. In 9M 2025, revenue grew 95% YoY and after-tax profit grew 23% YoY. Group awards in 2025-2026 include 'Best Real Estate Developer in Southern Vietnam 2025', 'Breakthrough Real Estate Developer of Southeast Asia' (Dot Property Southeast Asia Awards), 'Best Real Estate Distribution Company in Vietnam 2025' (Khải Minh Land, Dot Property Vietnam Awards), and 'Top 10 Most Promising Real Estate Enterprises in Vietnam' (Vietnam National Real Estate Awards 2026).

Name

Khai Hoan Land Group

Legal name

Công ty Cổ phần Tập đoàn Khải Hoàn Land

Website

https://khaihoanland.vn

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Khai Hoan Land Group is a publicly listed Vietnamese real estate developer (HOSE: KHG) building premium apartments, villas, and shophouses on a 1,000-hectare southern Vietnam land bank, serving high-net-worth families and tech-sector professionals through its developer-plus-internal-brokerage model.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (2372), Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ), Master-Planned Community & POA Management (BPAJAHAD)

Keywords

• Residential real estate development
• Luxury apartment projects
• Real estate brokerage
• Property investment
• Land development

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Marketing or Sales, Operations

Revenue model

1. Real Estate Development and Sales: Primary revenue stream from development and sale of residential properties including apartments, villas, and shophouses. Khai Hoan Land develops projects across multiple provinces in Southern Vietnam and sells completed units to end customers. Revenue increased 95% in the first 9 months of 2025 compared to the same period.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Khai Hoan Land Group is a publicly listed real estate investor-developer that builds and sells premium residential properties, including apartments, villas, and shophouses, across strategic locations in Southern Vietnam. Its current flagship projects are Khải Hoàn Prime (1,296 delivered units in the Phú Mỹ Hưng area) and Khải Hoàn Imperial (a 41-floor, ~1,400-unit Bespoke luxury apartment project under construction opposite AEON Mall Bình Dương Canary). The group also distributes projects through its brokerage subsidiaries Khải Minh Land and Solution.

Product overview

Tập Đoàn Khải Hoàn Land operates as a real estate developer (Chủ đầu tư – Nhà Phát triển) with a portfolio of residential projects. The core products include Khải Hoàn Prime (1,296-unit premium apartment project delivered to luxury standards) and Khải Hoàn Imperial (41-story, ~1,400-unit luxury Bespoke apartment complex currently under construction). Upcoming Khải Hoàn Grande is planned for Q2 2026 launch. The company also operates two subsidiaries: Khải Minh Land (professional brokerage firm distributing for major developers) and Solution (marketing and sales execution unit). The group holds approximately 1,000 hectares of strategic land bank across southern Vietnam and plans to introduce ~20,000 products over 3 years across apartment, villa, and shophouse segments.

Differentiator

Problem solved

Functional benefit

Brands

• Bespoke Living: A premium lifestyle concept and product line featuring bespoke-designed residences tailored to individual tastes, applied to Khải Hoàn Imperial and other projects.
• Kland

Products and services

• Khải Hoàn Imperial Luxury 41-floor, 3-basement apartment complex with approximately 1,400 units, including 1-3 bedroom Bespoke apartments and a limited penthouse collection with private pools. Designed for high-tech professionals and HNW buyers in the Northeast HCMC innovation corridor, with direct access to AEON Mall Bình Dương Canary.
• Khải Hoàn Prime Premium apartment project comprising 1,296 delivered units built to luxury standards. Located on Lê Văn Lương street adjacent to the Phú Mỹ Hưng urban area, with low building density (~21%) prioritizing landscape, water features, and resident wellness amenities.
• Khải Hoàn Grande Upcoming premium residential development project planned for launch in Q2 2026, part of the company's 20,000-unit pipeline over the next 3 years, targeting strategic locations within Ho Chi Minh City.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered key partner and core subsidiary.

• Dewankey partnerTechnology or IntegrationInternational design firm with nearly 40 years of experience, serving as the design partner for Khai Hoan Imperial project. Dewan contributes architectural expertise and design capabilities to ensure premium quality standards for the project's Bespoke living concept.
• Khải Minh Landcore subsidiaryChannel Partner/ Reseller/ DistributorSubsidiary company handling real estate brokerage and distribution. Khai Minh Land has a strong team of experienced brokers and was recognized as 'Best Real Estate Distribution Company in Vietnam 2025'. Also developed Kland app for agents.
• Solutioncore subsidiaryChannel Partner/ Reseller/ DistributorSubsidiary company responsible for marketing and sales communications for Khai Hoan Land projects. Represents the innovative and creative arm of the group's distribution ecosystem.
• Pierreval Group and Kiến Á Groupkey partnerStrategic or Co-development PartnerJoint venture partnership for Arcadia at Lavila Nam Sai Gon project. Khai Minh Land signed strategic cooperation on 05/06/2026 to distribute the Arcadia project.

Scale indicators6 records

Recent moves7 records

Expansion highlights7 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/officialkhaihoanland
• Xx.com/bdsKhaihoanland

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Khai Hoan Land Group