Singaporean Investor wins bid for $34M golf course project in Hue, Vietnam

The ancient capital of Hue charms visitors not only with its rich heritage but also cementing its position as a “golden coordinate” on Central Vietnam’s golf tourism map. Recently, the Vietnamese golf market welcomed highly encouraging news: The People’s Committee of Hue City has officially approved the investor selection results for the Phong Phu Golf Course Project, with the winning bid awarded to VINA HUE G PTE. LTD. – an enterprise from Singapore.

This event marks the next strategic step of capital flowing from the Lion City to awaken the luxury resort potential of central Vietnam.

A world-class 36-hole complex embracing the ancient capital’s landscape

According to the approved master plan, this golf course project in Hue spans an impressive land use area of 177.74 hectares. A standout feature of this development is the optimal spatial separation designed to diversify experiences for golfers:

• A 27-hole golf course: Covering the largest area at approximately 132.74 hectares.
• A 9-hole golf course: Spanning around 45 hectares.

Far beyond just challenging golf holes, the project is oriented toward building a system meeting current international standards, including auxiliary facilities, a management and operations center, and high-end services. It promises to become an “all-in-one” destination that seamlessly blends sporting challenges with premium leisure and entertainment spaces, fully prepared to ride the wave of domestic and international golf tourists.

Investment capital breakdown and implementation timeline

This golf course project in Hue commands a total investment of over VND 872 billion (equivalent to approximately USD 34.2 million). Within this budget, the construction and implementation costs account for around VND 834 billion, while the remaining balance (over VND 37 billion) is allocated for compensation, support, and site clearance.

• Operation term: 50 years (calculated from the date the investor is granted land allocation, land lease, or permission for land-use conversion).
• Implementation progress: Not exceeding 48 months. The project is anticipated to officially break ground within 12 months following the completion of all necessary legal and investment procedures.

The Singaporean footprint: Elevating Thua Thien Hue’s infrastructure and tourism

VINA HUE G PTE. LTD.’s investment in the Phong Phu golf course extends the string of successful mega-projects by Singaporean investors in Hue. Prior to this, we cannot overlook the Laguna Lang Co project by Banyan Tree Holdings – a breathtaking resort and 18-hole golf course complex boasting a total investment of USD 2 billion, making it the largest FDI project to date that elevated Hue’s golfing status on the global stage.

Laguna Lang Co project by Banyan Tree Holdings

In addition to the sports-tourism sector, Singaporean enterprises are also heavily expanding into the province’s infrastructure, notably with the VSIP Hue Industrial Park project (valued at USD 123 million, with construction slated for Q4/2026). They have also contributed deeply to the urban planning vision for 2050 through the consultancy services of the enCity Group.

Perspective from Asia Golf Journey about this golf course project in Hue

For investors and swing enthusiasts alike, the emergence of a world-class 36-hole golf course right within Hue City does more than just open up a fresh experiential space. It drives up the heat in Central Vietnam’s luxury golf resort real estate market. Leveraging its existing advantages in cultural heritage and gastronomy, paired with modern golfing infrastructure, Hue is bound to explode as a premier destination for golf tourism in the coming years.

As the regional golf landscape intensifies, capturing this momentum requires specialized expertise and localized strategies. Asia Golf Journey offers comprehensive golf marketing support tailored to the Southeast Asia market, covering:

• Golf strategic partnerships: We connect you with key managers to form partnerships that expand your reach and market position in Asia.
• Market research: Gain valuable insights into Asian golf trends, consumer behavior, and opportunities to make informed decisions.
• Golf marketing solutions: Build a strong brand identity with cohesive messaging and design that resonates with your audience.
• Golf job service: Find and secure the right talent tailored for your golf business.

This article is part of Asia Golf Journey’s ongoing coverage of emerging golf destinations across Southeast Asia. For more information on how Asia Golf Journey can support your golf development project, contact our team at asiagolfjourney@gmail.com/ Creative@asiagolfjourney.com or via hotline +84 982 117 466 

Source Information & Images: Investor E-magazine (https://nhadautu.vn/du-an-san-golf-gan-900-ty-dong-tai-hue-ve-tay-nha-dau-tu-singapore-d105780.html)