At the NL Day event, part of the Nam Long Journey 2025 Experience “Integrated” series held from Dec. 5–7, 2025 at Thisky Hall Sala Convention (HCMC), Lucas Ignatius Loh Jen Yuh, Group CEO of Nam Long Investment Corporation, announced that the company’s October pre-sales surged to VND9.293 trillion.
This figure surpasses the record of VND8.2 trillion achieved in 2022. The 10-month result increased 86% over the first nine months, attributed to projects receiving sales permits in October and November, such as Izumi Canaria.
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Luca Ignatius Loh Jen Yuh, Group CEO of Nam Long Investment Corporation. Photo courtesy of Nam Long |
Based on this strong performance, CEO Lucas expressed confidence in meeting the full-year business plan and forecasted annual pre-sales in the coming years to reach around VND20–30 trillion.
“With our Q3 business performance, we are fully confident of meeting the full-year targets. Nam Long has completed two-thirds of the handover plan, and several projects have exceeded handover procedures, such as Akari City. We also completed the divestment of 15% in the Izumi City project and welcomed a new partner. So the year-end results will come as no surprise,” Lucas said.
According to the Group CEO, the Elyse Island project (formerly Paragon Dai Phuoc) received its sales permit on Dec. 4. Nam Long will open sales for the first time since acquiring the project in 2019. The company aims to accelerate customer conversion from reservation to the signing of a sales contract.
Outlook and strategic growth
Regarding the outlook for 2026, the Group CEO noted that the company will continue its growth momentum with new large-scale projects coming to market. The key projects include Waterpoint Phase 1 (Southgate), Mizuki Park, Akari City, and Nam Long II Central Lake. In parallel, the company will “unlock” new phases of projects including Elyse Island, An Zen Residences, VSIP Hai Phong, Waterpoint Phase 2 (VCD), and Izumi Canaria (Izumi City Phase 3).
He also shared that Nam Long is collaborating with banks to offer 30-year long-term loans and fixed-rate packages of 3–5 years to support homebuyers. Due to support from authorities and accelerated legal procedures, the company has expanded from 5 projects in 2023 to 9 projects now, located in HCMC and surrounding areas.
For the 2026 plan, Lucas stated that Nam Long sets a target no lower than 2025, with profits expected to be equal to or higher than 2025. Maintaining annual pre-sales at this level is intended to strengthen Nam Long as the company continues expanding its land bank and moves into the next development phase.
Regarding existing project implementation, after Trellia Cove, Nam Long may begin developing plots CCTM1 and CCTM2, the two central commercial areas of Mizuki Park. For Akari City, the company plans to construct a school in 2026 to enhance amenities and meet residents’ demand for quality living.
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Group CEO Lucas Ignatius Loh Jen Yuh said that Nam Long Investment Corporation recorded a sharp increase in pre-sales revenue in October 2025. Photo courtesy of Nam Long |
Reflecting on his 20-month journey as Group CEO, Lucas highlighted three notable operational changes at Nam Long.
First is enhanced internal governance. This includes improved delegation and changes in project management processes, enabling the company to operate and execute multiple projects simultaneously.
The second change is strengthened marketing and sales. The team has grown in size, and marketing and sales methods have been improved, contributing to Nam Long’s more effective market reach.
The third change is a shift in employee mindset: All Nam Long staff, whether in frontline or support roles, have adopted a customer-centric approach aimed at delivering the best experience for homebuyers.
