Week 31/2025 – Central Vietnam Real Estate News Summary

Week 31/2025 – 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. Be Cautious When Removing Regulations On Land Valuation According To Market Principles.

1. The revised Draft Land Law in Vietnam introduces major changes to land valuation regulations. Key proposals include eliminating market-based pricing principles and abolishing specific land pricing mechanisms. Instead, land valuation will rely on administrative factors and adjusted land price tables, particularly for compensation in land recovery.

2. This shift raises concerns about the loss of transparency, objectivity, and alignment with real market values. Critics argue it may reduce professionalism in land valuation and overlook the importance of independent pricing models. While the new approach aims to simplify procedures and reduce delays, experts warn it could repeat past shortcomings and hinder fair benefit distribution among the State, investors, and land users. Careful consideration is urged before replacing proven, market-sensitive methods.

Source: cafef.vn

2. Da Nang’s Tourism Real Estate Transforms.

Da Nang’s tourism real estate market is undergoing a dynamic transformation, fueled by thriving tourism activities and the upcoming administrative merger with Quang Nam . From 2025 to 2027, new hotel supply featuring globally renowned brands such as Mandarin Oriental, JW Marriott, and Nobu Hospitality is expected to enrich the luxury accommodation landscape .

Savills Vietnam highlights positive policy developments supporting this growth. With the merged city now boasting Vietnam’s longest coastline—over 215 km—a continuous coastal tourism corridor from Son Trà to Chu Lai is forming, presenting new growth momentum for beachfront real estate .The condotel segment, once frozen since 2019 due to legal challenges and declining investor confidence, is seeing fresh diversification thanks to the influx of high-quality hotel operators .

Source: baodanang.vn

3. The Owner Of Hiyori Building, Which Is 100% Japanese-Owned, Is Authorized To Manage And Operate The Condominium.

On August 7, 2025, the Da Nang Department of Construction, led by Director Nguyễn Hà Nam, issued an official notification confirming that Sun Frontier Vietnam Co., Ltd., the developer of Hiyori condominium (a 100% Japanese‑funded project), is now formally qualified and authorized to manage and operate the residential building.

This approval grants them the legal ability to oversee building operations—from maintenance to resident services—for a period of 5 years from the date of issuance. The notification was based on a submitted application, accompanied by a list of management staff who all hold professional certification in condominium operation, issued June 18, 2025

Source: cafef.vn

4. Vietnam Real Estate Market In Late 2025: Unlikely To See Land Fever, But Don’t Expect Prices o Drop Significantly.

According to Dr. Nguyễn Văn Đính, Vice Chairman of the Vietnam Real Estate Association, the second half of 2025 is unlikely to see any “land fever,” but property prices are also not expected to drop significantly. While the market remains challenging due to macroeconomic conditions and the absence of breakthrough policies, government efforts to remove legal obstacles and boost public investment disbursement are creating positive momentum.

Supply, transactions, and actual sales volume could rise by more than 10% compared to the first half of 2025, with growth seen in apartments, land plots, and townhouses—especially in areas with clear infrastructure plans and reputable developers. Buyers who target legally transparent projects with strong infrastructure and fair pricing may still find good opportunities for long-term value growth. However, they should conduct careful legal checks, review project planning and quality, verify developer credibility, and avoid speculative or misleading market information.

Source: cafebiz.vn

5. Sun Group To Build 70 Floor Building t Downtown Da Nang Complex.

From the fourth quarter of 2025 to the fourth quarter of 2035, Sun Group will develop the second phase of the Da Nang Downtown project in Hoa Cuong Ward, Da Nang City. Invested by Asia Park Company Limited (a subsidiary of Sun Group), the project is strategically located on Phan Dang Luu Street, near key roads such as 2/9 Street and Nui Thanh Street, with its eastern side facing the Han River and close to major bridges like Nguyen Van Troi, Dragon, and Tran Thi Ly.

Phase 2 will feature a riverside commercial zone, a high-rise hotel, a mixed-use complex, an opera house, and a game area. The highlight will be a 70-storey mixed-use tower on a 1.6-hectare site, set to become a new landmark for Da Nang. It will house serviced luxury apartments, 4–5 star hotels, and a five-storey podium with a shopping mall and art exhibition space, making it the tallest building in Central Vietnam.

Source: cafebiz.vn

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