As the real estate sector enters a new development phase, real estate developers are actively seeking to expand their land reserves to meet future demand. Key players in the industry, including international investors, are setting up and implementing ventures to acquire land, which is becoming increasingly crucial for long-term growth.
One of the most notable projects is HAUS Da Lat, which will begin construction this week. This high-profile development, located in front of the scenic Xuan Huong Lake, is being spearheaded by BTS Bernina and Terne Holdings from Singapore. The complex will feature three luxury buildings, 68 sky villas, sky mansions with long-term ownership, and the first InterContinental branded commercial center and resort in the Central Highlands province of Lam Dong. The project is expected to be a major draw for tourists and investors alike, thanks to its prime location.
Meanwhile, T&T Group and CPG Corporation Singapore have proposed a massive project in Quang Tri province, spanning 3,400 hectares. The plan involves constructing an airport and logistics urban complex that will include an industrial production ecosystem, seaport logistics, and an energy complex. The project aims to leverage Quang Tri’s maritime transport advantages and improve its competitiveness for time-sensitive products and exports. Ha Sy Dong, Acting Chairman of the Quang Tri People’s Committee, emphasized the importance of ensuring the plan is feasible and aligns with general development strategies.
Sam Holdings JSC also unveiled its plans for a $4.1 billion mixed-use resort, high-end residential, and golf course complex in Gio Linh district. Meanwhile, Tan Hoang Minh Hotel and Service Trading Company is exploring the Bau Sen ecotourism resort in the neighboring Quang Binh province, a high-end resort with a $600 million investment.
In recent years, prominent real estate developers such as DIC Holdings, Vinhomes, and Nam Long Group have been actively securing land for future projects. Nam Long Group currently holds around 700 hectares of land in Ho Chi Minh City and satellite cities but is looking to expand further. Investment director Nguyen Thanh Huong revealed that the group is focusing on purchasing existing projects with suitable land areas, converting land use purposes, and exploring new options for land auctions.
Similarly, Dat Xanh Group is on the lookout for opportunities to expand its land reserves, particularly targeting 100-200 hectares across the country. The group aims to merge with existing projects to meet housing demands and further bolster its land holdings in southern provinces like Binh Phuoc and Dong Nai.
Experts in the sector, including Nguyen The Diep, vice chairman of the Hanoi Real Estate Club, suggest that recent revisions to laws on land, housing, and real estate business have encouraged developers to expand their land reserves. This strategic move ensures they are well-positioned to benefit from land value increases and avoid dependence on third parties. Developers with large land reserves are better equipped to manage market fluctuations and meet the growing demand for housing.
With competition intensifying, real estate players are continuing their aggressive push to acquire more land, ensuring that they can capitalize on future opportunities and contribute to the ongoing development boom in Vietnam.
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