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Posted by Quyen Bui on June 13, 2025

Week 23/2025 – Central Vietnam Real Estate News Summary

Week 23/2025 – Central Vietnam Real Estate News Summary

In this weekly or sometimes bi-weekly news flash – CVR: Central Vietnam Realty will provide a choice of articles from mainly Vietnamese media sources related to the real estate market in Vietnam.
We will be focusing on issues related to Da Nang and Hoi An, while also looking at national news and their possible impact on Central Vietnam’s property market.
You will find a summary, a link to the source as well as CVR’s take on the article.

We believe that local knowledge is the key to making the best possible decision and that’s what we offer to all our clients.

“CVR: Western Management – Local Knowledge”

 

1. New Real Estate Segment With Great Potential But Not Many Investors Approach.

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  1. Vietnam is experiencing rapid population aging, creating an urgent need for specialized housing for the elderly. Since 2011, the country has entered the aging phase, becoming one of the fastest-aging populations globally. By 2024, there are 14.2 million people aged 60 and over, an increase of 2.8 million since 2019. This number is projected to rise to 18 million by 2030. Simultaneously, the birth rate has declined, reaching a record low of 1.91 children per woman in 2024. Despite the growing elderly population, only a few investors have explored elderly-focused housing models.

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    According to the Vietnam Association of Realtors, this segment presents significant potential. The expanding middle and upper classes—primarily individuals aged 30 to 65—are expected to drive demand for high-end and elderly-specific housing over the next decade. This creates a timely opportunity to develop suitable real estate models to meet the needs of Vietnam’s aging society.

 

Source: cafebiz.vn

 

2. Nobu Danang: Luxurious Recognition for Elite Ambassadors.

 

VCRE, the developer behind Nobu Danang, is setting a new benchmark in luxury real estate by offering exclusive rewards and experiences to its top-performing brokers, known as “Nobu Firers.” These elite professionals receive high-end incentives such as Hublot watches, substantial cash bonuses, and immersive training trips in locations like Thailand and Da Nang. Activities like paragliding over My Khe Beach allow brokers to personally connect with the project’s unique features, equipping them with powerful, experience-based marketing tools. These programs aim to elevate both their skills and passion for promoting luxury properties.

 

To join the Nobu Firer ranks, brokers must meet strict criteria, including holding real estate certifications and having proven experience with high-value transactions. Selected individuals benefit from global training, access to marketing resources, and exclusive perks. Some have closed deals worth up to 80 billion VND, earning the title of “million-dollar ambassadors.” Through this prestige-focused model, VCRE is cultivating a community of high-caliber professionals and redefining luxury sales standards in Da Nang.

 

Source: cafef.vn

 

3. Da Nang Calls For Bids To Determine Land Pricest At Hoa Cam Industrial Park Expansion

On June 12, the Da Nang Department of Agriculture and Rural Development announced a tender for consulting services to determine land prices at the expanded Hoa Cam Industrial Park. This is to establish financial obligations due to a revised 1/500 detailed plan. The consulting package, valued at over 95 million VND (including VAT), focuses on land valuation for the Hoa Cam Industrial Park expansion in Hoa Tho Tay Ward, Cam Le District, specifically at the time the City People’s Committee issued land allocation and lease decisions. The project, funded by natural resources, will be executed within 30 days via a simplified direct appointment. This tender follows the recent revocation of an earlier investment approval for the 13.1-hectare expansion due to procedural errors and non-compliance with city planning.

 

Source: laodong.vn

 

4. No Longer Just A Trend, Beachfront Apartments Will Be The Future Of Da Nang Real Estate.

 

Amid strong momentum behind the proposed merger of Da Nang and Quang Nam, coastal real estate—especially luxury beachfront apartments—is becoming a strategic focal point for investors. According to Dr. Tran Dinh Thien, former Director of the Vietnam Institute of Economics, this merger marks not just an administrative shift but a strategic leap toward resource integration and long-term growth. With a combined area of over 11,800 km² and diverse landscapes spanning mountains, coasts, and urban zones, the region holds massive development potential.

 

If supported by tailored policies, improved infrastructure, and global market connectivity, Da Nang – Quang Nam could see international tourism double or triple within five years. GRDP may also grow 1.5 to 2 times, thanks to the synergy between Da Nang’s dynamic urban economy and Quang Nam’s expansive industrial and land resources. Beachfront apartments, once a trend, are now poised to lead a new real estate growth cycle in central Vietnam.

 

Source: nguoiquansat.vn

 

5. Da Nang Department Of Construction Issues Directive On Capital Square 2 Urban Area Project.

 

The Da Nang Department of Construction has issued a document regarding the eligibility for future residential units at the Capital Square 2 Urban Area project, located on Ngo Quyen Street, An Hai Bac Ward, Son Tra District, Da Nang. The project, developed by Mega Assets Co., Ltd., covers a land area of 31,960 square meters and includes seven high-rise apartment blocks and one mixed-use building (VLC). The residential component consists of three 26-storey towers (621 units) and four 28-storey towers (1,060 units). The 7-storey VLC block will also include a rooftop structure. The developer has reported that the land use right certificate is currently mortgaged at Southeast Asia Commercial Joint Stock Bank.

 

According to the Department of Construction, 530 apartments in buildings 2.4 and 2.6 meet the legal requirements to be sold as future residential property under Article 24 of the 2023 Real Estate Business Law. The Department emphasized that the developer must ensure the accuracy and completeness of all project information and confirm that the properties meet all legal requirements. In case of mortgaged units or land, the developer must release the mortgage before signing any sales contracts with buyers, as stipulated in Clause 2, Article 183 of the 2023 Housing Law. Additionally, the developer must comply with guarantee obligations for future housing sales under Article 26 of the 2024 Real Estate Business Law.

 

Source: cafeland.vn

 

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