Updated 30 September 2026
Persa Place legal status and construction progress
Persa Place is developed under the Gamuda Land brand; the legal developer is Dan Xuan Real Estate Joint Stock Company (Công ty Cổ phần Bất động sản Dân Xuân). This page lists the key documents in order, what they confirm, and what still needs checking unit by unit.
Developer and legal name
- Project name in the documents: Khu chợ và dân cư Dân Xuân; Persa Place is its high-rise Plot T.
- Legal developer: Dan Xuan Real Estate Joint Stock Company, enterprise number 0304200152. Developer brand: Gamuda Land.
- The seller and final terms are those in the signed contract for each transaction.
Key documents
| Date | Document | Content |
|---|---|---|
| 28 Sep 2023 | Decision 2321/QĐ-UBND | Approval of the adjusted investment policy for the whole project |
| 17 Nov 2025 | Department of Construction letter 5209 | Appraisal of the Plot T basic design |
| 2 Feb 2026 | Plot T commencement notice | Filed with the Department of Construction |
| 23 Mar 2026 | Foundation acceptance | Referenced in notice 3968 |
| 17 Apr 2026 | Notice 3968/SXD-QLN&TTBĐS | The Đồng Nai Department of Construction confirms that 429 Plot T units (420 apartments + 9 commercial units) are eligible to be sold as future housing, subject to the conditions in the notice |
Notice 3968 bears a number, date, signature and seal, and was published by the Đồng Nai Department of Construction on 22 April 2026. It does not confirm current stock and does not replace approval for sales to foreigners.
Guarantee, ownership and pink book
- Notice 3968 references Public Bank Vietnam’s commitment to issue guarantees for future housing. Each buyer should receive a guarantee letter for their own contract.
- According to the April 2026 Q&A, the developer expects the ownership certificate (pink book) to be issued about 6–12 months after handover (indicative). This is an expectation, not a committed deadline; no pink books had been issued for the apartments as of the update date.
- The developer presents Vietnamese ownership as long-term; the actual form and term depend on the buyer and the unit’s documents. Foreign buyers: see the separate page.
Construction progress
| Milestone | Event | Status |
|---|---|---|
| Q1 2026 | Plot T construction start | Commencement notice dated 2 Feb 2026 |
| Mar 2026 | Foundation completed and accepted | Accepted on 23 Mar 2026 |
| May 2026 | Persa Place launch | Gamuda Land announced all 420 apartments sold at launch |
| Jul 2026 | Construction at the third floor | Per the July progress bulletin (published 17 Aug 2026) |
| Q1 2027 | Topping-out | Planned in project materials |
| Q3 2028 | Apartment handover | Planned; the actual date follows each unit’s contract |
The July 2026 bulletin was the latest SpringVille bulletin as of 30 September 2026. No September site verification is included.
FAQ
Frequently asked questions
Is Persa Place eligible for sale?
Notice 3968/SXD-QLN&TTBĐS dated 17 April 2026 confirms that 429 Plot T units are eligible to be sold as future housing, subject to the conditions in the notice.
Who is the developer of Persa Place?
The legal developer is Dan Xuan Real Estate Joint Stock Company; the developer brand is Gamuda Land.
What is the current construction progress?
The July 2026 bulletin reported construction at the third floor. Topping-out is planned for Q1 2027 and handover for Q3 2028.
When will the pink book be issued?
The April 2026 materials expect about 6–12 months after handover (indicative). None had been issued as of the update date; actual timing depends on the documents and the issuing authority.
Is there a bank guarantee?
Notice 3968 references Public Bank Vietnam’s guarantee commitment for the project. Each buyer should check the guarantee letter for their own contract.
Need to check the documents for a specific unit?
Happy Land can help you review the contract, guarantee letter and payment status of a unit before you decide.