Novaland — developer of Aqua City, NovaWorld, The Grand Manhattan

Novaland is an urban and tourism real estate developer whose enterprise registration certificate was first issued in 1992. After a period focused on resolving legal and financial obstacles, from mid-2026 Novaland began handing over and reopening sales at several projects in Ho Chi Minh City. If you own or are considering a Novaland property, the most important things to know are the handover progress and certificate status of each sub-zone.

About Novaland

• Legal entity: No Va Land Investment Group Corporation (ticker NVL), enterprise registration certificate No. 0301444753 first issued on 18 September 1992.
• Headquarters: Novaland office building, 65 Nguyen Du, Sai Gon Ward, Ho Chi Minh City.
• Business lines: urban real estate, tourism real estate, industrial real estate.
• Financial position (first half of 2026): net revenue of 5,096 billion VND, about 22% of the annual plan; profit after tax of 1,772 billion VND, about 96% of the annual plan. In Q2, revenue from real estate transfers reached 1,341 billion VND; profit was driven largely by financial income.
• Debt restructuring: as of July 2026, Novaland had agreed with bondholders to restructure its international convertible bond, extending it to July 2028.

Novaland projects under development

The Grand Manhattan (Ho Chi Minh City)

An apartment project on Co Giang – Co Bac streets, Cau Ong Lanh Ward (former District 1). Novaland reopened sales from early July 2026 and expects handover from Q3/2026. See project details and request The Grand Manhattan price list.

Victoria Village (Ho Chi Minh City)

An area of about 4.3 ha with 1,208 units, including commercial-service apartments, townhouses and villas. Construction is complete and handover began at the end of June 2026.

Aqua City (east of Ho Chi Minh City)

An eco-township east of Ho Chi Minh City. On 23 July 2026, the first buyers received their certificates; Novaland said it will continue issuing certificates in the Sun Harbor 2 and Ever Green 1 sub-zones. See project details and request the Aqua City price list.

NovaWorld Phan Thiet and NovaWorld Ho Tram

Two tourism real estate projects being developed according to plan. In July 2026, Novaland said the Novotel hotel at NovaWorld Phan Thiet is expected to open in Q1/2027, and the Submarine Beach Club at NovaWorld Ho Tram is expected to open in Q3/2026.

The timelines above are plans announced by the company and may change. Before buying from the developer or on resale, you should check the developer's latest documents on the legal status and progress of the specific sub-zone.

Projects HPR distributes

HPR advises on and distributes two Novaland projects: The Grand Manhattan apartments in central Ho Chi Minh City and the Aqua City eco-township in the east. The project pages are being updated; prices and policies will be published once the developer's documents are available — see The Grand Manhattan and see Aqua City.

For a project that has experienced delays, the first question to ask is whether the unit you are interested in is eligible for handover and certificate issuance. An HPR consultant will check the project's legal status and plan your home purchase cash flow with you before you place a deposit.

Which Novaland project are you considering? Leave your phone number — an HPR consultant will send you the price list and current sales policy, and compare projects according to your budget.