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РусскийNovaWorld Phan Thiet — a coastal tourism township of nearly 1,000 ha
NovaWorld Phan Thiet is Novaland's coastal tourism township of nearly 1,000 ha in Tien Thanh Ward, Lam Dong Province (Phan Thiet, former Binh Thuan), with nearly 7 km of coastline. As of June 2026, the project had handed over 1,500 villas and townhouses; phase 2 is being implemented under the investment policy approval decision reissued on 12 October 2025, with completion expected in Q4 2028. The products are commercial-service and tourist accommodation properties, not residential housing.
- Nearly 1,000 ha
- Nearly 7 km of coastline
- 1,500 units
- Villas and townhouses handed over (6/2026)
- Q4 2028
- Phase 2 completion (expected)
NovaWorld Phan Thiet Progress and Legal Status
Updated 9 Nov 2026
Published milestones of NovaWorld Phan Thiet. Corporate plans may change — the milestones for each product are stated in its contract.
- Completed
2009 — First investment certificate
The Ocean Valley Tourism Complex project received its investment certificate.
- Completed
2021 — First villas handed over
Novaland began handing over the first resort villas to customers.
- Completed
24/6/2025 — Investment policy adjusted
The Binh Thuan Provincial People's Committee approved an adjustment of the investment policy: updating objectives and schedule and reconfirming the developer's legal status.
- Completed
27/6/2025 — Change of land lease form
More than 381 ha of commercial-service land switched from annual land rent to a one-off payment for the entire lease term; certificates are issued once the developer completes its financial obligations.
- Completed
12/10/2025 — Investment policy reissued
The Lam Dong Provincial People's Committee reissued the investment policy approval decision, providing the basis for phase 2.
- In progress
6/2026 — 1,500 units handed over
Phase 2 under way; more than 1,000 villas and townhouses completed and rented out.
- Upcoming
Q1 2027 — Novotel hotel
Expected to open.
- Upcoming
Q4 2028 — Phase 2 completion
Expected completion of the whole project.
NovaWorld Phan Thiet Prices
Updated 9 Nov 2026
As of 9 November 2026, Novaland had not publicly released a 2026 primary price list for the NovaWorld Phan Thiet sub-zones. Handed-over products are resold at prices agreed between owners and buyers, varying by sub-zone, product type, position relative to the sea and golf course, and finishing status.
Before committing money, get the price for the exact sub-zone together with that product's legal status (contract, land-related financial obligations, timing of certificate issuance). You can calculate your home-buying cash flow first — an HPR consultant will send information for the sub-zone you are interested in.
Home loan calculator
Prices in resale listings are not the developer's price list — leave your phone number and an HPR consultant will send official price and policy information for each sub-zone.
NovaWorld Phan Thiet Sub-zones
NovaWorld Phan Thiet comprises many sub-zones developed on their own schedules. Handover and legal status differ between sub-zones — an HPR consultant will send detailed information for the sub-zone you are interested in.
The Kingdom
The Florida
Festival Town
PGA Golf Villas
Villas within the PGA golf cluster
Shop Villa Golf
Ocean Residence
Waikiki
Santa Monica
Mizumi
Olympic
Star Avenue
Boutique Shoptel
NovaWorld Phan Thiet Location
NovaWorld Phan Thiet is in Tien Thanh Ward, Lam Dong Province (Tien Thanh Commune, Phan Thiet City, former Binh Thuan Province), stretching along nearly 7 km of coastline south of Phan Thiet.
- Nearly 7 km of coastline within the project boundary
- Connected to Ho Chi Minh City via the Phan Thiet – Dau Giay Expressway
- Within the Phan Thiet coastal tourism area, together with Phan Thiet Airport and regional seaports under the province's infrastructure plan
From 1 July 2025, Binh Thuan Province merged into Lam Dong Province — documents issued before then show the old address, so check both names in a transaction.
What investors should consider at NovaWorld Phan Thiet
Updated 9 Nov 2026
Points to review before committing money, so you can compare them with your own financial plan.
Legal status step by step
In 2025 the project had its investment policy adjusted (24 June), switched more than 381 ha of commercial-service land to a one-off land lease payment (27 June) and had its investment policy approval decision reissued by the Lam Dong Provincial People's Committee (12 October). Certificates are issued once the developer completes its land-related financial obligations.
Product type: tourist accommodation
The project may only develop commercial-service and tourist accommodation properties, not residential housing. Ownership rights, land use terms and how the property can be used differ from residential housing — read the contract carefully before buying.
Infrastructure already operating
The 36-hole PGA golf cluster, Mövenpick and Radisson hotels, amusement park and beach plaza are operating; 1,500 villas and townhouses had been handed over as of June 2026.
Phase 2 progress
Phase 2 is expected to be completed in Q4 2028; the Novotel hotel is expected to open in Q1 2027. Follow the progress of the exact sub-zone you choose.
When you want to resell or rent out
You can consign your property for resale or rent at HPR: HPR verifies documents, surveys the property, advises on the asking price, then markets it and shows it to buyers.
Risks to check yourself
The project was held up by land procedures, with key steps only resolved in 2025; legal and handover status differ between sub-zones. There is no public 2026 primary price list. Holiday rental income depends on the tourist season and the operator — no guaranteed level has been announced. Phase 2 milestones are plans and may change.
NovaWorld Phan Thiet Project Overview
NovaWorld Phan Thiet (official project name: Ocean Valley Tourism Complex) is developed by Delta – Valley Binh Thuan Co., Ltd., a subsidiary of Novaland. The project received its first investment certificate in 2009; phase 1 has brought hotels, golf courses, an amusement park and villa areas into operation, and phase 2 is under way.
- Project name
- NovaWorld Phan Thiet — Ocean Valley Tourism Complex
- Address
- Tien Thanh Ward, Lam Dong Province (Tien Thanh Commune, Phan Thiet City, former Binh Thuan Province)
- Developer
- Delta – Valley Binh Thuan Co., Ltd. (a subsidiary of Novaland Group)
- Total area
- nearly 1,000 ha; commercial-service land of about 799.4 ha
- Coastline
- nearly 7 km
- Total investment
- about USD 5 billion
- Scale
- nearly 20,000 resort units, including villas, apartments and shophouses
- Product type under the legal framework
- commercial-service and tourist accommodation properties (the project may not sell residential housing)
- Phase 1
- Q3 2008 – Q1 2024, in operation
- Phase 2
- Q2 2024 – Q4 2028
- Handed over
- 1,500 villas and townhouses (as of June 2026), more than 1,000 of them completed and rented out
NovaWorld Phan Thiet Amenities
Phase 1 of NovaWorld Phan Thiet has brought many resort and entertainment amenities into operation — a factor that keeps visitors coming and creates rental demand for the handed-over villas and townhouses.
36-hole PGA golf cluster
Two courses, PGA Garden and PGA Ocean, designed by Greg Norman.
Mövenpick and Radisson hotels
The Mövenpick hotel and Radisson Phan Thiet Resort are operating; the Novotel hotel is expected to open in Q1 2027.
Amusement park, Wonderland, Ktown
Family play and entertainment areas brought into operation in phase 1.
Beach plaza, seaside restaurants
A beach plaza and a chain of restaurants along the project's coastline.
Sports complex
A cluster of international-standard sports facilities hosting tournaments and sports festivals.
Seaside villa area
Completed villas currently rented out as holiday homes.
NovaWorld Phan Thiet FAQ
Updated 9 Nov 2026
Tien Thanh Ward, Lam Dong Province (Tien Thanh Commune, Phan Thiet City, former Binh Thuan Province), along nearly 7 km of coastline; connected to Ho Chi Minh City via the Phan Thiet – Dau Giay Expressway.
Delta – Valley Binh Thuan Co., Ltd., a subsidiary of Novaland Group. See also information about Novaland.
In 2025, the Binh Thuan Provincial People's Committee approved an adjusted investment policy (24 June 2025) and allowed more than 381 ha of commercial-service land to switch to a one-off land lease payment (27 June 2025); on 12 October 2025, the Lam Dong Provincial People's Committee reissued the investment policy approval decision. Certificates are issued once the developer completes its financial obligations. See how to check a project's legal status.
No. The project may only develop commercial-service and tourist accommodation properties and may not sell residential housing. Ask clearly about the type of certificate and land use term of the product before buying.
As of June 2026, the project had handed over 1,500 villas and townhouses; more than 1,000 have been completed and rented out. Phase 2 is under way, with completion expected in Q4 2028.
As of 9 November 2026 no 2026 primary price list had been published. Handed-over products are resold at agreed prices. Leave your phone number and an HPR consultant will send information by sub-zone.
The 36-hole PGA golf cluster (PGA Garden, PGA Ocean), the Mövenpick hotel, Radisson Phan Thiet Resort, an amusement park, Wonderland, Ktown, a beach plaza, a sports complex and a chain of seaside restaurants; the Novotel hotel is expected to open in Q1 2027.
Get NovaWorld Phan Thiet information by sub-zone
HPR advises on the NovaWorld Phan Thiet project. Leave your details and an HPR consultant will send the legal status and progress of the sub-zone you are interested in, or compare it with other coastal resort projects.
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