Phat Dat Real Estate Development

Name

Phat Dat Real Estate Development

Legal name

Công ty Cổ phần Phát triển Bất động sản Phát Đạt

Website

http://www.phatdat.com.vn

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Land Subdivision (2372), Land Subdivision (23721), Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Real Estate (6500)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Mixed-Use Property Management (BPAJAGAE), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Residential real estate development
• Commercial property development
• Mixed-use urban projects
• High-rise apartments Vietnam
• Integrated urban 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

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

Revenue model

1. Real Estate Development and Sales: Phat Dat generates primary revenue from the development and sale of residential, commercial, and mixed-use real estate projects across Vietnam. Revenue is recognized upon project completion and buyer handover. The company also engages in land transfer and stake sales in subsidiaries to unlock value.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Phat Dat Real Estate Development Corporation develops, sells, and invests in residential, commercial, and mixed-use real estate projects across Vietnam. Its portfolio includes integrated urban areas, high-rise mixed-use complexes, premium beachfront developments, and city-center assets, with international wellness and sustainability certifications (FITWEL, LEED). Revenue is generated primarily through unit sales upon project completion and handover to end-user buyers and investors.

Product overview

Phat Dat Real Estate Development is a leading Vietnamese real estate developer with a portfolio of diverse residential and urban development projects. The company operates a multi-product strategy spanning integrated urban areas (Quy Nhơn Iconic), high-rise mixed-use complexes (Thuận An 1 & 2 / Monrei Saigon, La Pura), premium beachfront developments (Q1 Tower, Serenity Phước Hải), prime city-center assets (239 Cách Mạng Tháng Tám), and large-scale strategic partnerships (Lotte Eco Smart City Thu Thiem). Projects incorporate international standards including FITWEL certification and LEED, with a focus on wellness-oriented living environments, sustainability, and urban integration.

Differentiator

Problem solved

Functional benefit

Brands

• La Pura: Wellness-oriented urban living development setting new standards in Vietnam, featuring green living spaces and wellness amenities.
• Quy Nhon Iconic
• Monrei Saigon

Products and services

• Quy Nhơn Iconic A 43.1 ha urban residential project integrated with urban beautification (Bắc Hà Thanh) in Tuy Phước district, Gia Lai province. Total planned construction area exceeds 520,000 m², positioned as an integrated urban area for residential living and coastal urban development.
• Thuận An 1 & 2 (Monrei Saigon) Modern high-rise mixed-use residential complex pioneering the FITWEL standard from the United States, located in Thuận An ward, Ho Chi Minh City. Phase 1 is marketed as Monrei Saigon.
• 239 Cách Mạng Tháng Tám Core city-center asset spanning 0.3 ha in Bàn Cờ Ward, Ho Chi Minh City, representing prime urban real estate in the city center.
• Serenity Phước Hải Premium mixed-use complex with frontage on Võ Thị Sáu road and direct beach access, planned as a diverse high-end complex with varied product offerings in Phước Hải, Ho Chi Minh City.
• Q1 Tower Premium beachfront integrated development at a central Quy Nhơn location with direct sea views and multi-directional connectivity, comprising beach apartments and luxury hotel.
• La Pura Wellness-oriented urban living development in Bình Hòa Ward, Ho Chi Minh City, featuring hundreds of internal amenities combined with 'Urban Healing' living spaces and standard wellness amenities.
• Lotte Eco Smart City Thu Thiem Strategic joint development with Lotte Group - one of the largest-scale urban projects in Thu Thiem New Urban Area, Ho Chi Minh City. Phat Dat is participating through capital contribution and investment at Lotte Properties HCMC with an approved investment of VND 10,400 billion.

Quantifiable outcome

• Ranked Top 10 Reputable Real Estate Developers in Vietnam for six consecutive years (2021-2026)
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Lotte Group (Lotte Properties HCMC)coreStrategic or Co-development Partner · 26 June 2026Phat Dat entered into an Investment Cooperation Agreement with Lotte Group on June 26, 2026 for the Lotte Eco Smart City Thu Thiem project in Ho Chi Minh City's Thu Thiem New Urban Area. Shareholders approved an investment of VND 10,400 billion at Lotte Properties HCMC. Phat Dat completed Tranche 1 payment exceeding VND 513 billion and received MB Bank financing support for its equity contribution. This is one of the largest and most strategically positioned integrated urban projects in Vietnam.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

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 Phat Dat Real Estate Development