Handover soon · 2026

Festival Town - NovaWorld Phan Thiết

Name: Festival Town
Address: VN

Handover soon · 2026 · Selling

💰 4,2 tỷ – 19 tỷ🏗️ Handover soon · 2026🏢 1295 units

Commercial heart of NovaWorld Phan Thiết, centered on a pedestrian street over 1 km long lined with shophouses and F&B outlets. American-themed architecture designed to anchor tourism footfall across the township.

Part of

NovaWorld Phan Thiết

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Price & Market

Unit price

4,2 tỷ – 19 tỷ

•🟡 Secondary prices trade below primary asking as distressed owners exit — entry window for patient buyers.
•🟢 Villa fronting the PGA course holds value better than interior townhouses — golf-adjacent product is the most resilient segment.
•🔴 Rental yields below original developer projections — operational entertainment is not enough to fill 7,000+ units off-season.
•🟡 Upside hinges on Phan Thiết airport and expressway extension — two external catalysts outside Novaland's control.

Market Trends

Secondary pricing has softened alongside Novaland's broader liquidity issues; recovery is tied to tourism demand and the Phan Thiết airport timeline rather than further supply constraint.

Unit Types

Townhouses

3BR Townhouse

3 Beds · 3 Baths · 120 m²

5,2 tỷ – 5,3 tỷ

43,8 triệu/m²

Growing families

Shophouses

Shophouse

3 Beds · 3 Baths · 120–150 m²

4,2 tỷ – 14 tỷ

64,2 triệu/m²

Growing families

Compare sub-zones

How this sub-zone compares to others in the master development

Sub-zone	Status	Beds	Area	Price/m²	Handover
Boutique Hotel	—	12	161-207 m²	—	TBD
Festival TownLargest	Under construction	3	120-150 m²	—	NaN
Florida	Delivered 2021	3-4	100-240 m²	—	2021
Kingdom	—	3-4	250-300 m²	—	TBD
MonacoBoutique	—	3-4	240-480 m²	—	TBD
Ocean Residence	—	3	99-132 m²	—	TBD
PGA Golf Villas	—	3-4	150-375 m²	—	TBD
Santa Monica	—	3-5	132-330 m²	—	TBD
Shophouse Villa Golf	—	3-4	150-360 m²	—	TBD
Star Avenue	—	4	120-225 m²	—	TBD
Waikiki	—	4	200-240 m²	—	TBD
Wow Compound	—	3-4	160-200 m²	—	TBD

Project Details

Status	Handover soon · 2026
Total Units	1295

Legal Information

Launch Date	2019
Handover	2026-Q3
Construction Permit	Approved
Pink Book	Partial
Legal Notes	Resort-tourism land with 50-year leasehold for most villa and townhouse products; pink books issued in handed-over subdivisions, pending in later phases.

Amenities

👨‍👩‍👧 Family: NovaDreams entertainment cluster with Wonderland water park, Circus Land, Dino Park and Safari; 16 ha Miami Bikini Beach park; themed play areas across most subdivisions.

🏋️ Fitness: 36-hole PGA-standard golf course by Greg Norman, beach club with saltwater pool, tennis and multi-purpose courts, running trails along the 7 km beachfront.

🏖️ Lifestyle: Festival Town pedestrian street over 1 km long, Miami Bikini Beach waterfront plaza, branded hotels and dining from Movenpick and Centara, plus shophouse F&B across Santa Monica and Ocean Residence.

🛒 Convenience: Commercial shophouses across Festival Town, Santa Monica and Ocean Residence; on-site clinic and retail; shuttle service between subdivisions.

Pets🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🚌 Shuttle Bus🎾 Tennis Court🏀 Basketball CourtShophouse Street🏍️ Motorbike Parking⚽ Multi-Purpose Court