Hong Hac City Construction Progress 2025: Latest On-Site Photo Updates and Handover Schedule by Item

Construction progress at Hong Hac City is currently at the stage of simultaneous construction across multiple components following the April 2025 groundbreaking. The basic transport infrastructure is complete, the pile foundations for the 323 Zone F1-1 properties have been completed, and the shophouses are 50% through structural construction, with 600 engineers and workers working continuously on site. In particular, the Sales Gallery was completed in June 2025, and the show home was built within the project grounds, demonstrating a much more systematic and transparent implementation schedule than other projects in the same segment in Bac Ninh. More importantly, the actual site photographs are the clearest evidence for buyers to verify progress rather than relying solely on information from the developer.

Yes, Hong Hac City is being built according to the committed schedule, as demonstrated by 3 specific pieces of evidence: the foundations for 323 properties were completed within 4 months of groundbreaking as planned; the Sales Gallery was completed on schedule in June 2025; and landscaping and greenery were implemented alongside construction rather than waiting until handover. Furthermore, the committed schedule of completing construction in December 2026 and handing over properties from January 2027 is still being maintained according to the original plan.

In addition to information about current progress, buyers need to understand the mechanism for protecting their interests if progress is unexpectedly affected. In particular, Nomura Real Estate Vietnam’s Japanese construction supervision standards and the progress guarantee provision in the sale contract are 2 important layers of protection that investors should understand.

Below is the complete update on Hong Hac City’s construction progress, handover schedule and key milestones as of the present time.

What Stage Is Hong Hac City’s Current Construction Progress At?

There are currently 3 groups of components at different stages of completion at Hong Hac City: basically completed components (transport infrastructure and the foundations for 323 Zone F1-1 properties); components under active construction (shophouses 50% through structural construction, plus interior and exterior finishing); and components being implemented in phases (detailed landscaping and internal amenities).

Specifically, after groundbreaking in April 2025, developer Phu My Hung immediately mobilised 600 engineers and workers to work continuously on site—a workforce scale rarely seen in new urban-area projects in Bac Ninh—thereby ensuring overall progress 20% to 30% faster than the industry average. Below is a summary table of the construction status of each main component at Hong Hac City as of the end of 2025 (the table describes the completion status of each group of components, enabling buyers to quickly grasp the overall progress before reading the details of each section):

Below is a detailed analysis of each main group of items.

How Far Have Hồng Hạc City’s Transport Infrastructure and Landscaping Progressed?

Hồng Hạc City currently has 3 groups of infrastructure items by level of completion: the internal road system is basically finished, pavements and lighting are being installed across the board, and trees have already been planted comprehensively during the construction phase itself.

On the internal road system specifically, Hồng Hạc City is planned with a total of 105 roads, comprising 3 main roads and 102 streets running vertically and horizontally in a grid pattern. The grid layout optimises traffic flow, eliminates dangerous junctions and ensures the whole urban area is well ordered. The carriageways of most main streets have been completed, forming a clear transport framework for the entire area.

On the pavement and technical infrastructure, pavements are being paved uniformly to a single standard across the whole area. Particularly noteworthy is the underground technical infrastructure, including power lines, water supply and drainage and the wastewater treatment system, which is being built in parallel directly beneath the roadway, thereby avoiding the need to dig up the road once the surface is finished, a common problem in many new urban areas in the north.

A particular highlight is the strategy of planting trees during the construction phase instead of waiting until after handover. The developer, Phú Mỹ Hưng, began planting new trees along every road and in the park areas from the start of 2025. This means that when residents take handover of their homes in January 2027, the trees will have been growing for almost 2 years and will provide enough shade, without the wait of several more years that applies at many other projects. More importantly, this is a feature unique to Hồng Hạc City thanks to its Japanese-standard planning philosophy: trees are treated as essential infrastructure rather than as added decoration.

How Is Construction of the Low-Rise Homes and Shophouses on Site Progressing?

Construction of the low-rise homes and shophouses at Hồng Hạc City has reached 3 important milestones: pile foundations for 323 units in Zone F1-1 are complete, the structural frames of the low-rise homes are being built row by row, and the shophouses on the main axis are about 50% through structural construction.

For the villa and low-rise townhouse area in Zone F1-1, this is the fastest-moving product group in the whole project. Immediately after the ground-breaking ceremony in April 2025, all 323 homes in Zone F1-1 went into construction simultaneously. By August 2025, only 4 months after ground-breaking, the pile foundations and base foundations of all 323 homes were essentially complete. This is a considerable pace of construction given the scale of 323 homes at once, showing that Phú Mỹ Hưng’s site organisation capability is entirely different from that of local developers in Bắc Ninh.

For the shophouse area along the main road, the rows of commercial townhouses along the project’s main commercial street are in the structural construction phase, at around 50% completion. The first blocks are gradually taking shape with clear forms, creating the look of the lively commercial street to come. Once complete, the Hồng Hạc City shophouse area is expected to become a bustling destination for shopping, services and business, thereby increasing the practical income potential for investors buying to let commercially.

The Sales Gallery and show home are the first two items to be 100% complete and the earliest in the project. The Sales Gallery has been officially open to visitors since June 2025 at Song Liễu ward, Bắc Ninh province, opening from 8:00 to 17:00 every day of the week. Inside, the Sales Gallery displays a master model of Hồng Hạc City, clearly showing the planning, the sub-areas and the amenity system. In particular, the show home is built within the project site itself rather than at a separate showroom, allowing customers to experience the living space, the quality of materials and natural light in real conditions.

Is Hồng Hạc City on Schedule as Committed, and When Will Homes Be Handed Over?

Yes, Hồng Hạc City is on schedule as committed, with 3 pieces of practical evidence: foundations for 323 units completed within 4 months as planned, the Sales Gallery and show home finished on the June 2025 milestone, and landscaping and trees implemented in parallel rather than deferred, confirming that the expected handover from January 2027 remains feasible in line with the commitment.

Specifically, the most important reason to trust Hồng Hạc City’s schedule commitment is the size of the construction workforce: 600 engineers and workers on site continuously, without interruption. This is not an ordinary figure for an urban construction site in Bắc Ninh but a level of staffing comparable to provincial-level infrastructure projects, thereby ensuring a faster pace than the market average. In addition, close oversight from Japanese partner Nomura Real Estate Vietnam creates an independent layer of quality and schedule control, not dependent entirely on the developer’s unilateral decisions.

To understand more clearly the specific handover schedule and the key milestones, see each section in detail below.

How Is the Handover Schedule for Each Item at Hồng Hạc City Determined?

The Hồng Hạc City handover schedule is determined by 3 criteria: property type, sub-area and the buyer’s level of payment completion, with the overall milestone being completion of construction in December 2026 and the start of handover from January 2027.

Specifically, the buyer’s handover conditions comprise 3 steps that must be completed before taking possession:

Step 1: Complete payment of 95% of the contract value in line with the instalment schedule. The payment schedule is divided into several instalments from contract signing to handover, with an initial deposit milestone, the sale and purchase contract signing and periodic quarterly payments.

Step 2: Receive the handover notice from the developer and book an inspection of the property. Phú Mỹ Hưng will send the official handover notice at least 30 days in advance, setting out clearly the inspection time and the expected handover date for each home.

Step 3: Pay the remaining 5% of the contract value and sign the handover record. After inspecting the property, provided there are no technical issues requiring attention, the buyer pays the final 5% instalment and receives the official keys. The procedure for issuing the pink book (certificate of ownership) then takes place within 1 to 3 months.

Below is the detailed handover schedule by property type at Hồng Hạc City (the table sets out the expected handover milestone, the corresponding financial conditions and the time taken to issue the certificate of ownership after handover for each property type):

What Are the Key Milestones from Ground-Breaking to Handover at Hồng Hạc City?

There are 8 key milestones in Hồng Hạc City’s journey from ground-breaking to handover, in chronological order from April 2025 to January 2027, each marking a pivotal legal or construction stage in the project’s entire life cycle.

Below is the timeline table of 8 key milestones for Hồng Hạc City (the table sets out the event milestones in chronological order from ground-breaking to handover, helping buyers plan their finances and track project progress stage by stage):

Important note for buyers planning their finances: all 8 milestones above apply to F1-1 Zone in the Hồng Phát subdivision, comprising the 323 homes released in the first phase. Therefore, buyers of the subsequent subdivisions (F1-2 Zone, Hồng Thịnh and Hồng Phúc) should follow the separate construction schedule for each subdivision when it is released. Handover will take place 6 to 12 months later than for F1-1 Zone, depending on the implementation progress.

Could Hồng Hạc City Experience Delays, and How Are Buyers Protected?

Delays may still occur at Hồng Hạc City in force majeure situations such as natural disasters, epidemics or changes to legal regulations, but buyers are protected by 2 independent mechanisms: Nomura’s Japanese construction supervision standards and the delay compensation clause in the sale and purchase contract signed directly with Phú Mỹ Hưng.

However, the likelihood of delays at Hồng Hạc City is significantly lower than the market average because of the combination of 600 workers working continuously, Japanese-standard supervision and a complete legal framework finalised before construction began. Below is a detailed analysis of the 2 most important buyer protection mechanisms.

How Do Nomura’s Japanese Construction Supervision Standards Affect Progress at Hồng Hạc City?

Nomura Real Estate Vietnam directly supervises every construction item in accordance with Japanese standards, creating a completely independent layer of quality and progress control separate from Phú Mỹ Hưng’s internal supervision system. Specifically, Japanese standards require quality inspections at each stage: checking materials before pouring concrete, inspecting the structure after the shell has been completed and checking the finishes before handover. Any item that fails to meet the standards must be rebuilt, thereby avoiding repair costs after handover and maintaining the overall schedule. Conversely, projects without international supervision often experience delays because of major repairs required after the structural shell has been completed.

Does the Hồng Hạc City Sale and Purchase Contract Include a Handover Schedule Guarantee Clause?

Yes, the sale and purchase contract signed directly with Phú Mỹ Hưng clearly specifies the committed handover date and the compensation payable if the developer breaches the schedule in accordance with the 2023 Law on Real Estate Business. Specifically, under Article 23 of the 2023 Law on Real Estate Business, the developer must compensate the buyer with an amount calculated as a percentage of the contract value for each day of delayed handover if there is no valid force majeure reason. More importantly, buyers should carefully read the schedule and compensation clauses in the sale and purchase contract before signing to determine the exact applicable penalty rate, which is typically from 0.05% to 0.1% of the contract value per day of delay, depending on the specific terms of each contract.