The Park Avenue completes its foundation and three basements, aiming to top out by the end of 2026

Novaland said The Park Avenue project fronting Ba Thang Hai Street has completed its foundation and three basements, aiming to top out by the end of 2026 and complete the project in Q3 2027.

What the developer announced

• The project has three frontages on the Ba Thang Hai – Le Dai Hanh axis, HCMC.
• It consists of two 32-storey towers, a 5-storey commercial podium and three basements of about 20,000 m².
• About 1,000 real estate units in total. Building density is about 45%.
• At the time of the announcement, the project had completed basic infrastructure, the foundation and the basements.
• Target topping-out by the end of 2026; project completion expected in Q3 2027.
• The developer plans to sign sale and purchase contracts from April 2026.
• Announced amenities include an infinity pool, a children’s playground and a gym.

The update was published by the developer on 28/12/2025; the milestones above were plans at that time, not completed commitments. The announcement also does not state the apartment handover standard.

Source: Novaland – Novaland accelerates construction, ready to roll out amenities at The Park Avenue on Ba Thang Hai Street (28/12/2025). Summarized and analyzed by TDF, not copied from the original.