Hudland Real Estate Investment and Development

What Hudland Real Estate Investment and Development does

Hudland Real Estate Investment and Development JSC (Công ty Cổ phần Đầu tư và Phát triển Bất động sản HUDLAND) is a Hanoi-based residential real estate developer founded in 2007 and publicly listed on the Hanoi Stock Exchange under ticker HLD. The company is a subsidiary of state-owned HUD (Tổng công ty Đầu tư phát triển nhà và đô thị), which provides preferential access to government-allocated land and large-scale urban development mandates. Its portfolio spans social housing, mid-market apartments, high-rise residential complexes (Green House), low-rise villas and townhouses (Palm Garden), and urban township developments across northern Vietnam including Hanoi, Bac Ninh, Yen Bai, and Hai Duong provinces.

The company generates revenue primarily through direct sales and rentals of residential units developed on its land bank, with a mix of government-supported social housing (Nhà ở xã hội) and market-rate segments. Pricing is per-unit, with disclosed examples including the Bac Ninh social housing project at 9.8 million VND/m2 (2018) and 11.3 million VND/m2 (2024 re-offering), and rental units at ~63,900 VND/m2/month. Distribution operates through project sales offices at each site and government-authenticated channels for social housing.

HUDLAND is operationally driven by a small team (11-50 employees) with capital sourced from the parent company's backing and a 1,419 billion VND credit facility from BIDV signed in December 2024. The 2026 AGM set a revenue target of 927 billion VND with profit expected to grow nearly 3x year-over-year. The company is ISO 9001:2015 certified and has received industry recognitions including Top 200 Sao Vàng Đất Việt 2024 and Top 10 Green Growth Enterprises 2025. A securities regulatory administrative sanction and a recent Chief Accountant turnover represent notable governance items in the recent record.

Name

Hudland Real Estate Investment and Development

Legal name

Công ty Cổ phần Đầu tư và Phát triển Bất động sản HUDLAND

Website

https://hudland.com.vn

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Hudland Real Estate Investment and Development JSC is a Hanoi-based, publicly listed residential real estate developer (ticker HLD) and subsidiary of state-owned HUD, developing social housing, mid-market apartments, and villas across northern Vietnam including Hanoi, Bac Ninh, Yen Bai, and Hai Duong.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate (6500)

akta.pro industry

PRIMARYIMAFABAI

Residential Affordable Housing Development & Construction

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Residential Building Construction

SECONDARYIMAFABAB

Multi-Family Residential Construction (Apartments, Condos, Townhomes)

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Residential Building Construction

SECONDARYIMAFABAL

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

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Residential Building Construction

SECONDARYBPAJAAAB

New Construction & Builder Sales

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Real Estate Brokerage

Keywords

• Residential property development
• Social housing projects
• Urban township development
• Real estate investment
• Villa and townhouse projects

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development & Sales: HUDLAND generates primary revenue through investing in and developing residential real estate projects, including social housing, mid-range apartments, urban areas, and villas/townhouses. Units are sold directly to buyers. The company had a 2018 project with 389 units priced at ~9.8 million VND/m2.
2. Social Housing Development: HUDLAND develops and sells social housing (Nhà ở xã hội) units targeting low-income buyers, a government-supported segment. Units are sold or rented to eligible buyers.
3. Real Estate Rental: Some projects include rental units. The Bac Ninh social housing project (2018) listed 75 rental units at ~63,900 VND/m2/month. Additional revenue is generated from leasing office space at HUDLAND Tower.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

HUDLAND invests in and develops residential real estate projects across northern Vietnam, including social housing (Nhà ở xã hội) units, mid-market apartments, low-rise villas and townhouses, high-rise residential complexes, and integrated urban townships. Projects are sold or rented directly to end buyers through project sales offices and government-registered channels for social housing.

Product overview

HUDLAND Real Estate Investment and Development Joint Stock Company operates as a real estate investment and development firm offering a diversified portfolio of residential and urban development projects. The company develops social housing (Nhà ở xã hội), low-rise residential projects (Palm Garden, Van Canh), high-rise residential complexes (Green House), and urban development areas (Le Thai To Street Urban Area, Trau Cau, Zone A villas/townhouses, CV-02 Park). The company also has a project in Yên Bái province (Harmonia). HUDLAND focuses on developing housing projects ranging from affordable/social housing to mid-market and higher-end residential properties, primarily in northern Vietnam including Hanoi and Bac Ninh provinces.

Differentiator

Problem solved

Functional benefit

Brands

• Harmonia Yên Bái: Residential project developed by HUDLAND
• Palm Garden (Parm Garden)
• Green House
• Khu đô thị mới đường Lê Thái Tổ - Bắc Ninh
• Công viên CV-02

Products and services

• Harmonia Yen Bai A residential real estate development project by HUDLAND located in Yen Bai province, Vietnam, targeting residential buyers and investors in northern Vietnam.
• Social Housing Project - Bac Ninh (Le Thai To Street) Low-income housing (Nhà ở xã hội) project on Le Thai To Street, Vo Cuong Ward, Bac Ninh City. Includes 389 apartments of 30-78 m2, with 314 units for sale at approximately 9,800,000 VND/m2 and 75 units for rent at approximately 63,900 VND/m2/month. Re-offered in 2024 with 97 units at 11,342,000 VND/m2.
• Van Canh Urban Area (KĐTM Vân Canh) Low-rise residential project covering plots BT8 and LK27 in the Van Canh New Urban Area, Hoai Duc District, Hanoi, spanning 11,633 m2 and developed to meet housing demand in the capital region.
• Palm Garden (Parm Garden) Low-rise villa and townhouse project located in the most scenic southwest position of the Viet Hung New Urban Area, designed with open spaces harmonizing with surrounding nature.
• Green House High-rise residential complex featuring 17-story towers (GH5, GH6) with green living spaces designed to balance nature with urban residential life.
• Le Thai To Street Urban Area - Bac Ninh (KĐTM đường Lê Thái Tổ) Integrated urban area project on Le Thai To Street in Bac Ninh City combining social housing components, the Trau Cau sub-area, and Zone A villas/townhouses into a single master-planned development.
• CV-02 Park (Công viên CV-02) A park and public space development project within HUDLAND's portfolio, providing amenity infrastructure integrated with the company's residential developments.
• Trau Cau Project A real estate development sub-project situated within the broader Le Thai To Street urban area in Bac Ninh, contributing to HUDLAND's diversified Bac Ninh portfolio.
• Zone A Villas and Townhouses (Biệt thự và liền kề khu A) Villas and townhouses in Zone A of the Le Thai To Street Urban Area project in Bac Ninh City, providing higher-end residential units within an integrated urban development.

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Phát Đạt Real Estate: Vietnamese mid-cap residential and hospitality developer with HCMC and central Vietnam focus. Comparable as a publicly listed, project-lumpy mid-market residential operator facing similar regulatory and macro pressures.
• Nam Long Group: Mid-cap Vietnamese residential developer with an affordable and mid-market housing focus (including EHome and Flora product lines). Highly relevant as a same-tier peer for HUDLAND's social and mid-market apartment segment.
• Khang Điền House: Ho Chi Minh City–headquartered residential developer with mid-segment townhouse and villa projects. Comparable mid-size public developer profile, though HUDLAND is more northern-focused and affordable-segment oriented.
• Đất Xanh Group: Listed Vietnamese real estate developer and broker with a diversified project portfolio spanning mid-market apartments and townships. Comparable in serving similar buyer segments across multiple provinces.
• Novaland (NovaGroup): Major Vietnamese residential developer active in apartments, townhouses, and villas with significant Hanoi/Northern exposure. Comparable in being publicly listed, project-driven, and exposed to the same Vietnam regulatory cycle affecting HUDLAND.

Others

• Coteccons: Vietnam's largest general construction contractor. Comparable as a project-execution partner ecosystem player—HUDLAND outsources most construction and competes for talent and contractor capacity against Coteccons' project pipeline.
• HUD (Tổng công ty Đầu tư phát triển nhà và đô thị): HUDLAND's state-owned parent and a major Vietnamese urban/housing developer in its own right. Included as the closest related party and a direct reference point for the parent-subsidiary dynamic, though it is not a freely comparable operating peer.
• Hòa Bình Construction Group: Major Vietnamese general contractor active in residential and commercial construction. Comparable as a downstream construction ecosystem participant, providing build-out capacity for HUDLAND-style developers.

Broad incumbents

• Vinhomes: Vietnam's largest residential developer and a subsidiary of Vingroup, directly comparable to HUDLAND across urban development, apartments, and villas. Operates at vastly larger scale but competes for the same mid-to-high-end buyer pool in Hanoi and northern Vietnam.

Emerging players

• Becamex IDC: Vietnamese industrial-urban developer with significant township/mixed-use projects in Bình Dương and central regions. Comparable as a state-linked large-scale land developer and urban-project operator in Vietnam.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hudland-real-estate-investment-and-development-jsc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Hudland Real Estate Investment and Development