Week 36/2025 – 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.

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1. Projects Along The Han River Benefit From The Growth Momentum Of Da Nang Apartments.

 

1. The article analyzes the positive growth of the apartment market in Da Nang. In the first half of the year, this market launched approximately 1,100 new units and sold 1,480 units in Q2 2025, a 30% increase compared to 2024. The average selling price also increased by 27% to 85 million VND/m². Key factors driving this growth include economic development (GRDP up 11.7%), FDI, and a large number of tourists.

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   The article also emphasizes the advantages of projects located in the central area along the Han River, particularly the Capital Square project. This project leverages its prime location, provides many amenities, and combines a modern living space with green areas. The strong market growth is a solid foundation for high-end apartment projects in this area. The conclusion is that Da Nang’s apartment market is experiencing a strong and sustainable growth phase, fueled by positive economic indicators such as rising GRDP, FDI, and tourism. This robust market performance particularly benefits high-end real estate projects in prime central locations.

 

Source: vnexpress.net

 

2. Foreign Investment Flows Into Industrial Real Estate.

 

Vietnam’s industrial real estate sector continues to attract strong foreign direct investment (FDI) as global manufacturers and technology firms expand their land portfolios and establish new projects. Notable investments include Avery Dennison Worldon Vietnam’s newly launched factory in Ho Chi Minh City and planned R&D centers by Korean and Chinese enterprises in Da Nang. In August, Dutch developer CTP also announced intentions to invest €1 billion in Vietnam, with a focus on eco-friendly, high-tech industrial zones in Hung Yen and Gia Lai. From January to August, registered FDI reached USD 26.1 billion, up 27% year-on-year, with nearly 37% allocated to manufacturing and processing.

 

According to industry experts, Vietnam’s strategic location, rapid infrastructure development, and the China+1 shift are driving multinational corporations to choose the country as a production and logistics hub. High-profile investors such as Samsung, Intel, LG, and Nike have already fueled the ecosystem, creating jobs and increasing demand for green, ESG-compliant factories. Rental prices in both northern and southern regions have risen steadily, reflecting the sector’s strong momentum. With sustainable industrial parks filling quickly and ongoing government reforms streamlining approvals, Vietnam is solidifying its position as a premier destination for global industrial real estate investment.

 

Source: vnexpress.net

 

3. Abundant Liquidity Fuels Vietnam’s Real Estate Boom Amid Rising Risks.

 

Vietnam’s real estate market is witnessing a new wave of speculation, largely fueled by abundant liquidity and limited opportunities in the production sector. In the first seven months of 2025, over VND 1.56 quadrillion was injected into the economy, with credit growth for real estate and stocks outpacing overall banking growth. While many manufacturing businesses remain cautious due to high costs and weak demand, real estate developers are actively mobilizing funds as more projects clear legal hurdles.

 

Attractive financial incentives have further accelerated investment. Developers and banks are offering interest-free or principal-deferred payment periods lasting from one to five years, along with flexible down payments of just 10–30%. Some buyers even secure large discounts by paying nearly the full value upfront. These policies allow investors to leverage relatively small amounts of capital into potentially high profits, particularly if property prices rise 15–20% during the grace period. Cases of investors doubling their invested capital before taking ownership highlight the speculative appeal.

 

However, this influx of money also brings risks. Housing prices are rising rapidly, with a two-bedroom apartment in major cities averaging VND 5 billion—well beyond the reach of young couples or middle-income households. Heavy reliance on leverage could lead to forced selling and financial instability if the market cools, while speculative trading distorts true supply and demand. The article warns that excessive capital flowing into property speculation, rather than productive industries, may undermine economic sustainability and risk repeating past real estate bubble cycles.

 

Source: cafef.vn

 

4. Da Nang Revalues Land For Part Of The Cocobay Project.

 

Da Nang city is moving to reassess land value for Subdivision No. 2 of The Empire Resort and Luxury Housing project (Cocobay) in Ngu Hanh Son. The local Department of Natural Resources and Environment announced a bidding package worth VND 369 million to hire consultants for the appraisal, determining land prices as of May 2009 based on the city’s approved 2011 plan. The process is aimed at clarifying potential financial obligations and ensuring transparency and fairness in evaluating the land value of Cocobay, which has long been a controversial project. The bidding will be conducted under a simplified contractor selection process, with strict confidentiality and sealed submissions required.

 

Cocobay, launched in 2014 with a planned $5 billion investment, spans 51 hectares along Da Nang’s coastal road to Hoi An. It was envisioned as a massive tourism and entertainment complex with 10,000 hotel rooms, condotels, and a wide range of amenities. However, by 2019, financial troubles left much of the project unfinished, with only 3,000 rooms in operation. Thousands of condotels remained incomplete, investor commitments went unpaid, and construction stalled despite approvals to convert some units into apartments. Although the developer announced restructuring in 2024 with plans to restart construction, Cocobay largely remains abandoned, dotted with deteriorating, unfinished buildings.

 

Source: vnexpress.net

 

5. Da Nang City Government About Considering Investment In The Da Nang – Hoi An Urban Railway Project.

 

On September 10, 2025, Deputy Chair of Da Nang People’s Committee, Lê Quang Nam, chaired a meeting with Đèo Cả Group to discuss a proposed urban railway connecting Da Nang and Hoi An. The project, planned under a Public–Private Partnership (PPP) framework and based on the Transit-Oriented Development (TOD) model, aims to integrate urban growth with transit infrastructure, ensuring efficient land use and long-term financial sustainability. Technical studies recommend MRT and Monorail options as the most suitable for the region’s terrain and investment feasibility, with completion targeted by 2030 and potential future extensions to Tam Ky and Chu Lai.

 

The project will be implemented in three stages—preliminary, mid-term, and final—with each phase requiring approval from the People’s Committee. Collaboration between the investor and city agencies will focus on TOD zoning, counterpart land allocation, and budget planning. The city emphasized transparent investor selection and legal compliance, recognizing the careful groundwork by Đèo Cả Group and affirming the railway as a key priority for regional development.

 

Source: danang.gov.vn

 

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