PriceThe developer has not released an official price list through public channels; 2026 market reference: an ~80 sqm townhouse plot at around VND 2.4 billion (~VND 30 million/sqm), and completed shophouses from about VND 7.2 billion per unit. Contact Happy Land for the original price list and the live unit inventory.
Price/m²≈30 triệu VNĐ/m² (tham khảo từ tin đăng nền nhà phố ~80 m² giá 2,4 tỷ, 3/2026 — chủ đầu tư chưa công bố bảng giá chính thức)
TypeSubdivided land plots / townhouses and shophouses built to standard designs; the number of bedrooms depends on the owner's own layout
Size≈80 m² (nhà phố liền kề) – 126 m² (shophouse) – 216 m² (biệt thự ven sông)
HandoverPhase 1 already holds its land use right certificate (red book, 7 November 2024) and provincial People's Committee approval for subdivided plot sales (8 November 2024), so it meets the conditions for transfer. Phat Dat is targeting a complete sell-out within 2026; construction progress in each sub-zone should be verified on site.
Scale43.16 ha; 1,422 units comprising 54 riverside villas (~216 sqm), 1,040 terraced townhouses (~80 sqm) and 328 shophouses (~126 sqm); total investment of approximately VND 2,342 billion; around 60% of the land area given over to greenery and public amenities
Overview
About Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh)
Quy Nhon Iconic is the trade name of the Bac Ha Thanh Urban Area — a 43.16 ha residential and urban-renewal development fronting the new National Highway 19 in Tuy Phuoc commune (formerly Phuoc Thuan commune), Gia Lai province, that is, the territory of the former Binh Dinh province, about 10 km from the centre of Quy Nhon city. The project delivers 1,422 low-rise units: 54 riverside villas (~216 sqm), 1,040 terraced townhouses (~80 sqm) and 328 shophouses (~126 sqm), with total investment of approximately VND 2,342 billion. Its signature feature is a park strip along the Ha Thanh river running roughly 2 km, together with around 60% of the site set aside for greenery and public amenities.
**The developer, and where this information comes from.** The project is developed by Phat Dat Real Estate Development Corporation (stock code PDR, listed on HoSE). Bac Ha Thanh contributed substantial revenue to Phat Dat in Q4 2024 and remains among the key projects the company has identified for construction and sales in 2026, with the stated goal of completing sell-out within this year. On the official website phatdat.com.vn the project appears under "in progress" as Quy Nhon Iconic, Tuy Phuoc commune, Gia Lai province — a point in its favour for transparency, compared with the many provincial projects that exist only on a distributor's landing page. One distinction matters: quynhon-iconic.com is **not** the developer's website. It is operated by the distribution company Quy Nhon Homes (business registration number 4101618022), and that site still gives the address using the pre-merger administrative units ("Phuoc Thuan commune, Tuy Phuoc district, Binh Dinh province"). Happy Land follows phatdat.com.vn for both the developer entity and the administrative boundaries.
On the legal side, phase 1 of the project was granted its land use right certificate (red book, so do) on 7 November 2024 and received provincial People's Committee approval for subdivided plot sales on 8 November 2024, which means phase 1 products meet the statutory conditions for transaction. The announced internal amenity set includes an Olympic-standard swimming pool, the riverside park, a sports area, a children's playground, a musical fountain plaza, a BBQ garden and an internal commercial strip.
**On pricing.** The developer has not published an official price list through public channels; prices are released phase by phase as each sales release opens. Market reference levels during 2026: an ~80 sqm townhouse plot has been quoted at around VND 2.4 billion, equivalent to roughly VND 30 million/sqm (listing dated 17 March 2026); completed shophouses from about VND 7.2 billion per unit (March 2026 information). The figure of around VND 25 million/sqm recorded back in April 2025 now carries historical reference value only. All of these are indicative market prices rather than the developer's listed prices, and they shift with plot position, orientation, sub-zone and the payment policy of each release — buyers should check them against the original price list before modelling their cash flow.
**Who is it for?** The project suits owner-occupiers in Quy Nhon and its surrounds who want a new townhouse with clear red-book legal status at a capital level well below inner-city Ho Chi Minh City townhouses; business owners who want to trade from a shophouse fronting National Highway 19, or to rent to workers at the Phu Tai and Becamex VSIP Binh Dinh industrial parks; and medium- to long-term investors who believe in the urbanisation of Quy Nhon's north-western gateway. Conversely, it is a weaker fit for anyone looking for a beachfront resort product or short-term rental income, because this is a genuine residential township about 15 minutes' drive from the sea, with a resident population still forming.
Happy Land provides the original price list straight from the developer, the live inventory (remaining plots by sub-zone), the payment terms and discounts of the current sales release, and the legal status of each individual plot, so that you can verify everything before placing a deposit. Contact Happy Land for the original price list and to arrange a site visit to Quy Nhon Iconic.
Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) gallery
Location
Location & connectivity
📍 Tuy Phuoc commune (formerly Phuoc Thuan), Gia Lai (formerly Binh Dinh)
Quy Nhon Iconic (Bac Ha Thanh Urban Area) sits on the frontage of the new National Highway 19, in Tuy Phuoc commune (formerly Phuoc Thuan commune), Gia Lai province — the territory of the former Binh Dinh — right at the north-western gateway to Quy Nhon city. This address follows the developer Phat Dat's own publication (phatdat.com.vn); some distributor sites still use the pre-merger administrative units, "Phuoc Thuan commune, Tuy Phuoc district, Binh Dinh province". The new National Highway 19 is the arterial route connecting the Central Highlands with the seaport of Quy Nhon, so the site combines trade access with the direction in which Quy Nhon is expanding. From the project it is about 10 km to the city centre, about 15 km to Quy Nhon Port and about 20 km up to Phu Cat Airport; the sea is roughly a 15-minute drive. Across the Thi Nai Bridge, residents connect straight through to the Nhon Hoi Economic Zone and the Ky Co - Eo Gio tourist spots. The surrounding area is a growing industrial and service belt anchored by Phu Tai Industrial Park and Becamex VSIP Binh Dinh Industrial Park, which generates both owner-occupier and rental demand locally. The eastern edge of the project meets the Ha Thanh river, where the developer has planned a riverside park running roughly 2 km, giving the township a natural waterfront that is rare within this radius. Internal infrastructure — roads, power, water supply and drainage, and landscaping — is being delivered in stages, so Happy Land recommends that buyers inspect each sub-zone on the ground before committing funds.
Quy Nhon city centre - about 10 km
Phu Cat Airport (UIH) - about 20 km
Quy Nhon Port - about 15 km
Quy Nhon beach - about 15 minutes by car
Nhon Hoi Economic Zone (via Thi Nai Bridge) - direct connection from the new National Highway 19
Phu Tai Industrial Park - about 10 km (reference)
Becamex VSIP Binh Dinh Industrial Park - about 15 km (reference)
Frontage on the new National Highway 19 — the arterial route linking the Central Highlands with Quy Nhon Port and the Nhon Hoi Economic Zone, about 10 km from central Quy Nhon city
02
A 43.16 ha scheme of 1,422 units: 54 riverside villas (~216 sqm), 1,040 terraced townhouses (~80 sqm) and 328 shophouses (~126 sqm)
03
Clear legal standing: phase 1 received its land use right certificate (red book) on 7 November 2024 and provincial People's Committee approval for subdivided plot sales on 8 November 2024
04
A park along the Ha Thanh river running roughly 2 km; around 60% of the site is given over to greenery and public amenities
05
Developer Phat Dat (PDR) is targeting a complete sell-out within 2026 — remaining primary stock is limited and should be checked against the live inventory
Amenities
Amenities
Ha Thanh riverside park (running roughly 2 km) with walking pathsOlympic-standard swimming poolOutdoor sports and fitness areaChildren's playground plus BBQ garden and outdoor cafeMusical fountain plaza and landscaped healing gardenInternal commercial shophouse strip, school and 24/7 security system
🌏 For foreign buyers
These are low-rise products attached to land use rights, not apartments, so the 30% cap that applies to condominiums does NOT apply here. Under the 2024 Land Law, foreign individuals are not among the parties eligible to receive a transfer of residential land use rights (land plots) in Vietnam. For separate houses (townhouses, villas) within a commercial housing project, the 2023 Housing Law and its guiding documents allow foreign organisations and individuals to own up to 250 units within an area whose population is equivalent to one ward-level administrative unit, and no more than 10% of the total separate houses in a project where that project has fewer than 2,500 units (Quy Nhon Iconic has 1,422 units and therefore falls under the 10% cap), with a 50-year ownership term, and the project must lie outside areas restricted on national defence and security grounds. The developer has not yet published a list of units designated for foreign buyers at this project. Foreign buyers interested in it should contact Happy Land so that we can verify directly with the developer before any deposit is placed. Eligibility must be checked for the property type, project, specific unit and buyer. Read the foreigner guide →
FAQ
Frequently asked questions
What is Quy Nhon Iconic, and who is the developer?
Quy Nhon Iconic is the trade name of the Bac Ha Thanh Urban Area, developed by Phat Dat Real Estate Development Corporation (stock code PDR) — information published on the official website phatdat.com.vn. The project covers 43.16 ha with frontage on the new National Highway 19, in Tuy Phuoc commune (formerly Phuoc Thuan commune), Gia Lai province — the territory of the former Binh Dinh — about 10 km from central Quy Nhon city. There are 1,422 units in total: 54 riverside villas, 1,040 terraced townhouses and 328 shophouses. Note that quynhon-iconic.com is the website of the distributor Quy Nhon Homes, not a site belonging to the developer. The project is in its sales phase and Phat Dat is targeting a complete sell-out within 2026.
How much does Quy Nhon Iconic cost per sqm?
The developer has not released an official price list through public channels; prices are issued release by release. Market reference levels during 2026: an ~80 sqm townhouse plot has been quoted at around VND 2.4 billion, equivalent to roughly VND 30 million/sqm (listing dated 17 March 2026); completed shophouses from about VND 7.2 billion per unit (March 2026 information). The figure of around VND 25 million/sqm recorded in April 2025 now carries historical reference value only. These are all indicative market prices rather than listed prices, and they change with plot position, orientation, sub-zone and the payment policy of each release. Contact Happy Land for the original price list and the current inventory of available plots direct from the developer.
Can foreigners buy at Quy Nhon Iconic?
Quy Nhon Iconic sells low-rise products attached to land use rights, so the 30% cap applying to apartments does not apply. For subdivided land plots, foreign individuals are not among the parties eligible to receive a transfer of residential land use rights under the 2024 Land Law. For separate houses within a commercial housing project, foreigners may own within a limit of up to 250 units in an area equivalent to one ward, and no more than 10% of the separate houses in the project, for a 50-year term, provided the project is permitted to sell to foreign buyers. The developer has not yet published such a list; Happy Land will verify this directly on your behalf before any deposit is placed.
What is the price of Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh)?
Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) is priced The developer has not released an official price list through public channels; 2026 market reference: an ~80 sqm townhouse plot at around VND 2.4 billion (~VND 30 million/sqm), and completed shophouses from about VND 7.2 billion per unit. Contact Happy Land for the original price list and the live unit inventory. (around ≈30 triệu VNĐ/m² (tham khảo từ tin đăng nền nhà phố ~80 m² giá 2,4 tỷ, 3/2026 — chủ đầu tư chưa công bố bảng giá chính thức)). Contact Happy Land for the detailed price list and current available units.
Who is the developer of Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh)?
Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) is developed by CTCP Phát triển Bất động sản Phát Đạt (PDR), located in Tuy Phuoc commune (formerly Phuoc Thuan), Gia Lai (formerly Binh Dinh). Project scale: 43.16 ha; 1,422 units comprising 54 riverside villas (~216 sqm), 1,040 terraced townhouses (~80 sqm) and 328 shophouses (~126 sqm); total investment of approximately VND 2,342 billion; around 60% of the land area given over to greenery and public amenities.
What stage is Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) at and when is handover?
Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) is currently selling now. Expected handover: Phase 1 already holds its land use right certificate (red book, 7 November 2024) and provincial People's Committee approval for subdivided plot sales (8 November 2024), so it meets the conditions for transfer. Phat Dat is targeting a complete sell-out within 2026; construction progress in each sub-zone should be verified on site.. Contact Happy Land for the latest construction progress and available units.
What unit types does Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) offer?
Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) (Land plots / terraced townhouses, shophouses & riverside villas) offers: Subdivided land plots / townhouses and shophouses built to standard designs; the number of bedrooms depends on the owner's own layout. Contact Happy Land for floor plans and prices for each unit type.
Where is Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) and what is nearby?
Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh) is located in Tuy Phuoc commune (formerly Phuoc Thuan), Gia Lai (formerly Binh Dinh). Notable connections and amenities: Quy Nhon city centre - about 10 km; Phu Cat Airport (UIH) - about 20 km; Quy Nhon Port - about 15 km; Quy Nhon beach - about 15 minutes by car.
Can foreigners buy Quy Nhơn Iconic (Khu đô thị Bắc Hà Thanh)?
These are low-rise products attached to land use rights, not apartments, so the 30% cap that applies to condominiums does NOT apply here. Under the 2024 Land Law, foreign individuals are not among the parties eligible to receive a transfer of residential land use rights (land plots) in Vietnam. For separate houses (townhouses, villas) within a commercial housing project, the 2023 Housing Law and its guiding documents allow foreign organisations and individuals to own up to 250 units within an area whose population is equivalent to one ward-level administrative unit, and no more than 10% of the total separate houses in a project where that project has fewer than 2,500 units (Quy Nhon Iconic has 1,422 units and therefore falls under the 10% cap), with a 50-year ownership term, and the project must lie outside areas restricted on national defence and security grounds. The developer has not yet published a list of units designated for foreign buyers at this project. Foreign buyers interested in it should contact Happy Land so that we can verify directly with the developer before any deposit is placed. Happy Land helps check buyer eligibility, project documents and the specific unit before a transaction.
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