AsemconnectVietnam - Saigon Real Estate Corporation (Saigonres, ticker SGR - HOSE) has transferred the Phu Dinh Riverside project to focus on strategic projects.

Saigonres announced that it decided to transfer the Phu Dinh Riverside commercial housing project to a partner at the end of August 2026 for a transfer value of VND245 billion. The project transfer not only contributes to restructuring the investment portfolio but also creates additional resources for the Corporation to focus on implementing strategic projects in the new phase.
Saigonres stated that the Phu Dinh Riverside project will be continued by the partner according to the planned schedule, aiming to create a civilized and modern living space, providing excellent experiences for customers in the southwestern area of Ho Chi Minh City.
Located in the Ben Phu Dinh area (Ho Chi Minh City), the Phu Dinh Riverside project is invested by Saigon Nam Do Real Estate Co., Ltd., a member unit of Saigonres. The project has a total investment of VND 336 billion, covering an area of 2,104 m2, including a 17-story block and a basement, offering 169 apartments ranging in size from 40-75 m2, with 1-3 bedrooms.
It is known that at the General Shareholders' Meeting in May 2026, Saigonres introduced 8 key projects out of a total of 17 projects currently underway nationwide. These projects are considered important in the Corporation's development strategy for the new phase.
Also in May 2026, Saigonres commenced construction on the Nam Tien 2 Urban Area project (Thai Nguyen province), with a total investment of approximately VND4,253 billion and a scale of about 35.28 hectares. Following this, on July 2nd, 2026, Saigonres commenced construction on the Yen Binh Concentrated Digital Technology Park project in Van Xuan ward and Diem Thuy commune (Thai Nguyen province), with a scale of 197.61 hectares and a total investment of over VND3,500 billion.
Source: VITIC/Bao Tai chinh – Dau tu