DIC GROUP SETS A REVENUE TARGET OF VND 714 BILLION FROM 599 PRODUCTS AT DIC VICTORY CITY HAU GIANG PROJECT

DIC Group has authorised a business plan for 599 land plots, including 579 adjacent land lots and 20 villa land lots, with an average selling price of 12,039,440 VND/m². The total income is expected to be VND 714 billion, with a profit before tax of VND 136 billion.

DIC Victory City Hau Giang (legal name: Vi Thanh Commercial Residential Area) is Hau Giang's first and only riverside model urban area. The project is ideally positioned on Vo Nguyen Giap Boulevard, the main traffic corridor that connects National Highway 61C, across from the Hau Giang Provincial Party Committee and near the province's administrative headquarters.

DIC Victory City Urban Area Hau Giang - Key project of DIC Group

With an area of 83.4 hectares and a total investment of VND 5,649 billion VND, the project is divided into three sections: The Strength (Subdivision 1), The Energy (Subdivision 2), and The Peace. The technical infrastructure of The Strength and The Energy subdivisions has recently been completed in the heart of the metropolis. 

The Energy subdivision's technical infrastructure has been completed.

All 599 land plots (equivalent to 65,278m² of total commercial land area) in The Energy subdivision have now completed all legal procedures as prescribed, including: site clearance, issuance of land use right certificates and full payment of financial obligations. Accordingly, the Department of Construction of Hau Giang province has issued Notice No. 1991/SXD-QLN&TTBĐS dated 22 October 2024, confirming eligibility for sale. This affirms the transparency and legal responsibility of DIC Group, bringing absolute peace of mind to customers.

DIC Group authorised a business plan for 599 land plots (including 579 neighbouring land lots and 20 villa land lots) with an average selling price of 12,039,440 VND/m², resulting in an additional revenue of VND 714 billion and a target of VND 136 billion in profit before tax for the Vi Thanh project.

The revenue and profit projections illustrate the efficacy of DIC Group's business strategy. Stable cash flow from the project will enable firms to continue investing in vital initiatives, sustain growth momentum, and solidify their position in the real estate market.

With a depth of experience in real estate brokerage and an essential role in the DIC Group ecosystem, DIC Real Estate Joint Stock Company (DIC Resco) remains trusted as the broker to carry out this business plan.

DIC Resco has demonstrated its capabilities via numerous successful projects that provide exceptional value to consumers and investors. DIC Resco's professionalism, market experience, and devoted team of advisors ensure that the transaction is completed efficiently, transparently, and successfully.

Media and Communication Department