Everland Group Accelerates Implementation of Real Estate Projects
In 2025, Vietnam's economy aims for a GDP growth exceeding 8%. Government policies focusing on macroeconomic stability are expected to provide significant impetus to the real estate market. Anticipating market recovery, Everland Group is expediting the execution of several real estate projects in 2025.

Accelerating Construction of Crystal Holidays Harbour Van Don

The Crystal Holidays Harbour Van Don project, with a total investment of VND 5,643 billion, comprises five towers (A, B, C, D, E) ranging from 28 to 34 stories, offering 2,274 five-star hotel rooms and resort apartments. Additionally, Tower F will house the region's largest international convention center with a capacity of 1,500 seats. The project boasts 102 man-made and natural amenities, including infinity pools, four-season swimming pools, an artificial beach, golf practice areas, a marina, upscale Asian-European restaurants, shopping zones, a casino, spa facilities, and recreational areas for water sports.​

Strategically located with dual frontage on Bai Tu Long Bay, the project offers convenient access to Van Don International Airport, the Ha Long – Van Don – Mong Cai Expressway, Ao Tien high-end port, and various domestic and international waterways. Crystal Holidays Harbour Van Don is envisioned as a "Connected City" embodying a global lifestyle. The apartments are meticulously designed with premium materials and luxurious, modern amenities to cater to the living, working, leisure, and networking needs of global citizens.​

Currently, Towers A, B, and F are being rapidly completed for handover to Centara Hotels & Resorts, the designated operator, with operations slated to commence in Q3 2025. Towers C and D are scheduled to top out in Q2 2025 and be completed by early 2026. The entire project is expected to be fully operational by 2027, serving as a landmark for luxury tourism and services in Van Don and the Bai Tu Long National Tourism Area.​

Preparing to Launch Two High-End 4-5 Star Resort Projects

Following the completion of legal procedures, Everland Group plans to commence construction of the Xuan Dai Bay Commercial, Service, and Resort Complex in Phu Yen in Q1 2025. Subsequently, in early Q2 2025, the Group will initiate the Crystal Holidays Heritage Ly Son project in Quang Ngai. Both projects are expected to be completed and operational within 30 months from their respective groundbreaking dates.​

The Xuan Dai Bay Commercial, Service, and Resort Complex in Phu Yen was commenced construction on 1/4/2025.

The Xuan Dai Bay project is situated at the gateway to the national scenic site of Xuan Dai Bay in Phu Yen—one of Vietnam's most beautiful bays, often referred to as a "sleeping paradise" awaiting discovery. Adjacent to National Highway 1A, the project features a terrain with a mountain backdrop and a bay-facing front. From elevations of 90-120 meters above sea level, visitors can enjoy panoramic views of Xuan Dai Bay and renowned landmarks such as Hon Gio, Bai Om, Ganh Do, and Ganh Da Dia.​

Emphasizing natural preservation and leveraging the area's topography, landscape, and cultural values, the Xuan Dai Bay project is designed to emulate an Asian fishing village. It includes luxury 5-star hillside villas, shophouses, swimming pools, a 360-degree restaurant, and a 220-room 4-star hotel, along with numerous amenities like a water park, flower gardens, walking paths, and a beach. Upon completion, the Xuan Dai Bay project, in conjunction with the Crystal Holidays Marina Phu Yen project, will form a comprehensive 4-6 star resort complex catering to both domestic and international tourists.​

Crystal Holidays Heritage Ly Son project is expected to start construction in the first quarter of 2025.

Crystal Holidays Heritage Ly Son is located in Ly Son Island District (Quang Ngai), known as a "blue sea paradise" and one of Vietnam’s most captivating tourist destinations. With a vision of preserving and sustainably leveraging the island’s natural resources, as well as its unique geological and cultural heritage, the project has been comprehensively planned and developed as the first five-star resort on Ly Son Island. It will be managed and operated by a world-renowned hospitality brand.

Once operational, the project will serve as an attractive destination for leisure and exploration, offering visitors a rare opportunity to discover the mysterious beauty of an underwater volcanic crater — a geological heritage found nowhere else on Earth. It will also become a vibrant cultural space for tourists to explore the history and identity of Ly Son Island and the Sa Huynh civilization, thereby contributing to the preservation of the nation’s invaluable tangible and intangible heritage.

Launching Multiple Other Potential Real Estate Projects

In addition to the projects set to commence in Q1 and Q2, Everland Group is also expediting the completion of legal procedures related to investment and land use for other real estate projects in Van Don (Quang Ninh), Vinh Phuc, Hai Phong, Phu Yen, and Dong Thap. These projects are expected to be ready for groundbreaking in 2025 and 2026.

With a long-term vision, Everland Group is pursuing a strategy to develop a comprehensive ecosystem of premium real estate, tourism, and services. The Group not only focuses on delivering high-quality real estate products but also invests in area-wide amenities and services designed to meet environmental sustainability standards. Moreover, it collaborates with leading domestic and international property management brands to ensure professional operations. This holistic approach not only creates vibrant spaces for living, working, and relaxation but also enhances long-term property value and solidifies the developer’s reputation.

Everland Group is widely recognized as a reputable and sustainable real estate developer in Vietnam. The company currently has a charter capital of VND 2,152 billion. As of December 31, 2024, the Group reported total consolidated assets exceeding VND 4,900 billion, with total revenue reaching VND 1,192 billion. Notably, its outstanding real estate credit was VND 998 billion, and, as confirmed in the financial statement, the Group holds no overdue debts or bond obligations.

Source: CafeF.vn

Date post: 13/03/2025
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