In July 2026, Saigon Thuong Tin Real Estate Joint Stock Company - TTC Land (HOSE: SCR) continued to record two important milestones: maintaining financial discipline by making timely payments on bond obligations and bringing TTC Plaza Da Nang into the commercial operation phase.
Financial discipline lays the foundation for growth.
In the context of a gradually recovering real estate market, maintaining financial discipline and proactively securing capital is one of TTC Land's priorities to strengthen its long-term growth foundation.
The TTC Plaza Da Nang project, developed by TTC Land, is entering the operational and cash flow generation phase.
Recently, the company completed the third interest payment of the SCR12401 bond issue worth VND 850 billion, issued in December 2024. Accordingly, nearly VND 49 billion in interest was paid on time to bondholders on June 30, 2026, following the two previous on-time payments on June 30, 2025 and December 31, 2025.
The bond issue has a 60-month term and will mature in December 2029. This means TTC Land will not face any pressure to repay the principal debt during the 2026-2027 period, thus providing more room to proactively balance cash flow for investment, project development, and business expansion.
Fulfilling all obligations to bondholders not only affirms the company's cash flow management capabilities but also further strengthens its reputation in the capital market, creating a favorable foundation for sustainable development strategies in the coming years.
Simultaneously, TTC Land's subsidiary – the investor of the TTC Plaza Da Nang project – has just received a value-added tax refund of over 78 billion VND from the Da Nang City Tax Department, improving liquidity, increasing cash flow autonomy, and creating room for the asset exploitation phase.
From investment to asset exploitation
On July 3, 2026, the AEON MALL Da Nang Thanh Khe Shopping Center officially opened at the TTC Plaza Da Nang project, marking the entry of the multi-functional complex comprising a shopping center, hotel, office, and serviced apartments into its integrated operational phase. This is also AeonMall's first shopping mall in Da Nang, contributing to increasing the commercial appeal of the western gateway area of the city.
The launch event for 199 serviced apartments at TTC Plaza attracted considerable interest from customers and investors.
The presence of AEON MALL shopping center not only completes the project's ecosystem of amenities but also creates a competitive advantage for the entire complex through a steady flow of shoppers, entertainers, and service users. This is considered a crucial factor contributing to the increased exploitation value and asset value of real estate products within the project.
Increased Value for Investors
Following the operational milestone, on July 12, 2026, TTC Land held an event to introduce 199 residential apartments in TTC Plaza Da Nang, attracting considerable interest from customers and investors.
The apartments are developed within an integrated complex including AEON MALL shopping center, TUI SUNEO international hotel, office area, and existing amenities. This integrated real estate model is considered advantageous in terms of accommodation and rental potential, benefiting from established customer flows and commercial activities, opening up the potential for stable cash flow and asset value appreciation over time.
In the context of limited supply of properties that can both operate businesses and possess integrated amenities in central Da Nang, the serviced apartments at TTC Plaza Da Nang are attracting significant interest from investors seeking a strategy of owning assets with practical exploitation potential rather than simply expecting price increases.
The positive developments from financial management to project operation demonstrate that TTC Land is gradually transforming its investments into assets that generate sustainable revenue and cash flow. With a strengthened financial foundation and key projects successively coming into operation, the company continues to create momentum for the next phase of development, while increasing long-term value for shareholders, investors, and customers.
According to Investment Newspaper