Explore VietnamReal Estate
Explore VietnamNovaland
The largest integrated resort township in Vietnam — 1,000 ha, 7 km of beach, a 36-hole PGA course and a branded entertainment complex, all within a 2-hour drive from HCMC.
A 1,000-hectare integrated resort township by Novaland in Tiến Thành, Phan Thiết, with 7 km of beachfront along the South China Sea. The masterplan blends second-home villas, resort townhouses and shophouses with a 36-hole PGA golf course, a coastal entertainment complex and branded hotels across more than a dozen themed subdivisions.
Balanced for both end-users and investors.
Vietnam's largest coastal resort township with improving infrastructure catalysts — airport and expressway now concrete — but Novaland's financial health remains the swing factor. Best entered via secondary market at current discounts.
| Project | Price | Distance |
|---|---|---|
| NovaWorld Phan Thiết | 42 triệu/m² | — |
| NovaWorld Hồ Tràm | Comparable per-m² pricing for similar villa products | Closer to HCMC (1h 45m) but much smaller masterplan without golf |
| Thanh Long Bay (Kê Gà) | 10–15% lower entry price for beach townhouse products | Further south in Hàm Thuận Nam, closer to Phan Thiết airport |
| Sea Links City Mũi Né | Established resale market at similar price band | Mũi Né side with mature tourism footfall but aging infrastructure |
End-user: Mixed project (6.0) — exceptional resort amenities including PGA golf, water park and 7km beachfront, but fundamentally unsuited for primary residence: 2h+ from HCMC, no international schools, limited daily services, 50-year leasehold and Novaland developer risk. Best as a weekend second home for HCMC families, not for daily living.
Investor: Mixed project (6.1) — secondary market discount creates entry opportunity and future catalysts (airport, expressway extension) provide upside potential, but 50-year leasehold caps appreciation, 7000+ units risk oversupply, seasonal tourism demand limits off-peak occupancy, and Novaland cash-flow concerns weigh on confidence.
| Market range | 32 triệu – 52 triệu/m² |
| Unit price | 3,5 tỷ – 7,9 tỷ |
Secondary market remains buyer-friendly as Novaland works through restructuring. Over 1,500 units handed over by mid-2025 with the remainder targeting 2026-2028. Recovery catalysts are aligning — expressway tolling started, airport groundbreaking imminent — but realized rental yields still lag developer projections.
| Developer | Novaland |
| Completion | 2028 |
| Total Units | 7000 |
| Launch Date | 2019 |
| Construction Permit | approved |
| Pink Book | partial |
| Legal Notes | Resort-tourism land with 50-year leasehold confirmed after land-use conversion completed June 2025. Land price determination for financial obligations expected Q2/2026. Pink books issued for handed-over subdivisions (Florida); later phases pending. Multiple operators: Accor (Waikiki), Movenpick resort, Centara hotel on-site. Construction permits approved for all active phases. |
NovaWorld Phan Thiết
| CBD (peak) | 2h 30m on weekends when expressway fills with HCMC traffic |
| CBD (off-peak) | 2h via Dầu Giây – Phan Thiết expressway |
Primarily second-home owners from HCMC and foreign investors; a mix of weekend users and long-stay retirees, with a sizable share of units operated as short-term rentals.
