Thiên Quân – Marina Plaza Cần Thơ

About Thiên Quân – Marina Plaza Cần Thơ

Thien Quan - Marina Plaza Can Tho is a condominium project at No. 1 Tran Bach Dang Street, at the junction with Nguyen Minh Quang Street, in Tan An Ward (the former An Khanh Ward, Ninh Kieu District), Can Tho City. It comprises a twin tower of 23 storeys above ground and 2 basement levels (about 75 m tall) over a 5-storey commercial and services podium, for a total of 530 units - 510 residential apartments and 20 commercial units in the podium. The construction permit records a total construction floor area of 51,927.4 m² on a site of about 4,544.5 m² (land plots 752 and 778, cadastral map sheet No. 20). Apartments range from 42 to 92 m² across 1, 2 and 3-bedroom layouts.

On legal status and progress, on 17 May 2025 the Can Tho Department of Construction issued Document No. 1174/SXD-QLN confirming that the project satisfies the conditions for selling off-plan housing, and the public sales launch was held on 26 May 2025. Work on the superstructure started on 1 March 2025 and the twin towers officially topped out on 6 February 2026, exactly on the milestone announced beforehand. It is worth noting that the implementation schedule was previously adjusted from the original plan and extended to 77 months, that is, to the end of May 2027. The project has now entered the M&E, interior and landscaping completion phase, and recent updates consistently point to handover and start of operation in January 2027. As things stand, the developer therefore still holds primary stock, as distinct from resale units on the secondary market.

On pricing, the developer has not released an official price list publicly; the figures currently circulating all come from brokers and market surveys, and sit at around VND 28-33 million/m². On that basis, a 42-45 m² 1-bedroom is around VND 1.2-1.3 billion, a 59-61.5 m² 2-bedroom around VND 1.7-1.8 billion, and 3-bedrooms from about VND 2.3 billion (one 72.8 m² 3-bedroom has been quoted at about VND 2.337 billion, close to VND 32 million/m²). These are indicative figures and exclude VAT and the maintenance fee. The official price list by floor and orientation, the payment schedule split into roughly seven instalments, and the bank loan support package are announced by the developer for each sales phase.

**About the developer.** The project is developed by Thien Quan - Marina Plaza Can Tho Investment and Development JSC (part of Thien Quan Group, with Nguyen Hieu Hoc as General Director). Total investment is about VND 710.9 billion following the adjustment under Decision No. 1786/QD-UBND dated 13 August 2024 (the original approval was about VND 539 billion); some 2026 news reports cite a figure closer to VND 800 billion. The superstructure contractor is Hien Thuc Construction JSC. Post-handover building management has been announced as being entrusted to Asahi Japan under Japanese standards. Topping out on the milestone announced in advance is a data point worth weighing when assessing the developer's delivery capability in the Can Tho market, alongside the schedule adjustment noted above.

**Who is it for?** The project suits owner-occupiers in Can Tho and the Mekong Delta provinces who want an apartment in the old Ninh Kieu core in the VND 1.2-2.3 billion range, as well as investors targeting rental income, given a location about 500 m from Can Tho University of Medicine and Pharmacy, the university teaching hospital and Phuong Chau International Maternity Hospital. Conversely, buyers looking for a coastal resort product, a low-rise home with a garden, or the luxury segment should consider other product lines. Happy Land can provide the developer's original unit-by-unit price list, the remaining primary stock, payment policies and the latest loan support terms - contact us for this information before you make a decision.