Hamubay — The first NFT and Co-ownership Resort Property in Vietnam

Unirealchain
4 min readDec 6, 2021

Unirealchain announced the launch of the first NFT and co-ownership resort property in Vietnam — Hamubay, a project invested by Truong Phuc Hai Construction Investment Company.

About Hamubay

The SECURITY — ENTERTAINMENT — RESORT complex is located in the heart of Phan Thiet city, an area with an ideal climate, mild weather, and the wild beauty of the central sea, resonating with cultural sediments creating a passionate charm typical of the Resort Capital of Vietnam.

Owning the longest sea frontage in Phan Thiet, which is up to 2 kilometers, and a prime location: “leaning against the mountain — facing the sea” with a scale of up to 130ha and a total investment of up to $1 billion. The project is designed on an international scale, invested by Truong Phuc Hai construction investment company. Hamubay is considered a feng shui land that brings fortune and prosperity to homeowners of the project and deserves to be the most livable coastal city in Phan Thiet.

Hamubay becomes the first NFT and co-ownership resort property in Vietnam

To bring investors many potential investment opportunities with stable profits, Unirealchain decided to cooperate with Truong Phuc Hai Construction Company to make Hamubay the first NFT and co-ownership resort property in Vietnam.

By subdividing Hamubay real estate, Unirealchain makes it possible for anyone to invest in these valuable resorts and hotels with high potential for return. Depending on their financial ability, investors can buy one or more parts of the Hamubay project.

Benefits of holding Hamubay real estate token

Profits of real estate investment in general and Hamubay project investment in particular on Unirealchain’s platform come from two sources: Profit-taking and leasing.

  • When the project achieves good profits, the Unirealchain team will act on behalf of investors to take profits. For commercial and rental properties, investors will get dividends based on rental profits. The profits will be calculated based on the total number of tokens or shares that investors are holding. The profits will be distributed once a year to investors.
  • Project profit-taking will be approved based on voting. If the total number of votes is above 51%, the project will be closed. Only investors who lock the tokens can vote and receive profit from this profit-taking. After taking profits, all these tokens will be burned, then investors will receive the UNRS corresponding to the profit.
  • Besides, when investors want to divest, they can liquidate on UnirealEx, UnirealSwap, or sell directly to Unirealchain. Unirealchain commits to redeem the project’s tokens one year after the start of the investment.
  • If investors do not want to lock the expected tokens to receive dividends, they can unlock them and transfer them to a trading wallet for trading.

The profit potential of Hamubay project

With convenient transportation location, the profit potential of the Hamubay project will strongly increase when Dau Giay Phan Thiet Expressway operates in the fourth quarter of 2022, which shortens the distance between Ho Chi Minh City and Phan Thiet to 2-hour traveling only.

In addition, the inauguration of Phan Thiet International Airport in April 2021 is a huge boost to the profit potential of Phan Thiet. After the operation of the airport in early 2023, with 2 clear phases and a designed capacity of 2 million passengers per year, it will surely bring a large number of domestic and foreign tourists to the Phan Thiet market.

In just 3 years from 2018–2021, Hamubay’s profit has increased by 70% and is expected to increase by 200% when completing Phan Thiet airport and Dau Giay highway.

Currently, the land price of Hamubay is from 2000$/m2.

With strong pedals from the highway and the airport, the Hamubay project with coastal land lots with long-term red book ownership will be a scarce project with great potential for price appreciation next year for investors.

Hamubay Resort is one of the potential real estate projects that Unirealchain targets. Unirealchain will continue to expand the real estate business with more resorts all over the world. Aiming to globally spread the success, Unirealchain will be a notable brand in the coming years.

For more information, please visit:

• Website: https://unirealchain.com/

• Telegram: https://t.me/unirealchaingroup

• Youtube: https://www.youtube.com/channel/UCKGOLiPt7SYIlvSf_cLmB-w

• Facebook: https://www.facebook.com/unirealchain/

• Github: https://github.com/Unirealchaindev

• Twitter: https://twitter.com/unirealchain

• Linkedin: https://www.linkedin.com/company/unirealchain-official

• Medium: https://unirealchain.medium.com/

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