In Ho Chi Minh City, over 10,500 pink books for Novaland projects will be issued to residents in 2025 and 2026. In 2025, 3,108 apartments from projects like Sunrise Riverside and The Sun Avenue completed the issuance process. In 2026, the city aims to process 7,464 remaining cases in various projects. This legal ownership helps residents access financial services and increases property value. Additionally, legal hurdles at other projects such as The Grand Manhattan have been resolved, stimulating construction progress. Notably, The Park Avenue project will restart construction in December 2025. These changes benefit home buyers and help Novaland recover debts, enhancing market confidence and providing a legal housing supply, stabilizing property prices in Ho Chi Minh City.
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