MIK Group has broken ground on The Harbor Skyline, a nearly 50-hectare high-rise residential project on Vu Yen island in Hai Phong, The Investor reported on November 6, 2026. It marks the debut of MIK's I Series brand in Hai Phong. Total investment and the construction schedule have not been disclosed.
MIK's product strategy
MIK develops two product lines, M Series and I Series. The I Series, which includes Imperia Smart City, Imperia Signature Co Loa, Imperia Ocean City, Imperia Sky Park and Imperia Sensa Park, is estimated to account for 70–80% of the company's high-rise portfolio.
- About 17,000 I Series units have been brought to market.
- The company plans a further 200,000 units in the coming years.
Hai Phong – a new urban housing hotspot
Hai Phong, home to LG's Vietnam plant, is drawing many major developers. Vu Yen island itself hosts Vingroup's 877-hectare Vinhomes Royal Island, while other players include Hoang Huy, DOJI Land, Masterise Homes, Van Phu Invest, Geleximco (the 480-hectare Dragon Ocean in Do Son) and BRG (the 350-hectare Ruby Coastal City).
The growing presence of established developers reflects expectations of housing demand tied to the city's industrial, port and logistics growth. New supply across segments also gives more options to workers and specialists employed in local industrial zones.
Key takeaways
- MIK Group has broken ground on the nearly 50-ha Harbor Skyline on Vu Yen island, its first I Series project in Hai Phong.
- MIK has brought about 17,000 I Series units to market and plans 200,000 more.
- Hai Phong is attracting major developers on the back of industrial and port growth.