Becamex TDC commences 3 major real estate projects, portfolio value exceeds VND27,000 billion
Thursday, August 20,2026
AsemconnectVietnam - The project portfolio development plan for the 2026-2030 period is estimated to have a total investment capital of approximately VND27,372 billion.
Becamex TDC (Binh Duong Business and Development Joint Stock Company - ticker symbol TDC) recently held a groundbreaking ceremony for the TDC Plaza high-end apartment project (commercial name: Luminary Square) with a total investment of VND1,854 billion. It also commenced construction on two high-rise apartment projects, Viet Sing, in its role as General Contractor.
It is known that the TDC Plaza project is a key project in Becamex TDC's investment portfolio, planned on a total land area of 21,695.7 m2 with a total area of 1,265 apartments, serving an estimated 3,260 residents.
Simultaneously, Becamex TDC is implementing the construction of two component projects belonging to the social housing chain of Becamex IDC Group, with a total investment of VND7,700 billion, acting as the general contractor. Specifically, in the Viet Sing High-Rise Apartment Project - Zone 7, TDC is responsible for the structural construction and finishing work from foundation to roof of towers A, B, C, P, the parking garage, and auxiliary facilities. The project comprises 936 apartments, serving approximately 1,220 residents, with a total construction floor area of 59,624 m2.
In the Viet Sing High-Rise Apartment Project - Zone 2, TDC is the general contractor for the structural construction and finishing work from foundation to roof of towers A, B, P, the parking garage, and auxiliary facilities. The project comprises 916 apartments, serving approximately 1,191 residents, with a total construction floor area of 47,970 m2. Previously, during a presentation on Q2/2026 business results, the company's leadership stated that in the first six months of 2026, the company achieved net revenue of VND784 billion and gross profit of VND142 billion. Construction revenue reached VND279 billion (a 72.2% increase compared to VND162 billion in the same period). Total assets reached VND4,205 billion, and equity remained at VND1,758 billion.
TDC also announced its investment portfolio with a total capital of approximately VND27,372 billion. Specifically, projects currently under direct implementation (VND4,850 billion) include the TDC Plaza Project (VND1,854 billion) and the TDC Hoa Loi Residential Area projects (blocks HL-E15, E16, E19). The projects currently completing investment procedures (VND 2,822 billion) include the TDC Hoa Loi residential area (E12, E4, D10-D11), the My Phuoc 3 Commercial and Service Area, and Westerland.
Cooperation projects with Becamex IDC (VND17,700 billion) include the Gold Land project (VND10,000 billion) and a series of social housing projects (VND7,700 billion). An investment project outside the province is the VSIP Hai Phong project (VND2,000 billion).
According to TDC, the simultaneous commencement of the new phase of the TDC Plaza project and the two Viet Sing construction packages is a concrete step in Becamex TDC's operational plan, contributing to stable revenue from both real estate business and construction in the 2026-2028 period.
Source: VITIC/Bao Tai chinh – Dau tu
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