Week 37/2026 – 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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Key Takeaways

•Da Nang’s real estate business service revenue exceeded VND 14.6 trillion in the first eight months of 2026, up 20.2% year-on-year, supported by tourism recovery and infrastructure development.

•The VND 9.4 trillion Nguyen Sinh Sac Road Extension will improve east-west connectivity in northern Da Nang and link major transport routes, with construction planned from 2026 to 2032.

•Illegal transfers of housing purchase contracts can now face fines of up to VND 1 billion, with violators also required to refund improperly collected money and related profits.

•Da Nang is accelerating the resolution of more than 350 stalled projects and land sites through special mechanisms, helping unlock long-delayed developments across the city.

•Using apartments for non-residential purposes can result in fines of up to VND 130 million, while violators may also be required to restore the property and use it according to its legally designated purpose.

 

1. Revenue from real estate business services reached over 14,600 billion VND.

 

 The Da Nang real estate market is witnessing large-scale projects that have the potential to impact urban development and real estate demand. Resort properties, hotels, and shophouses are supported by the recovery of tourism. Capital flows from investors outside the city and overseas Vietnamese are interested in high-end products in riverside, coastal, and central areas. Da Nang’s real estate business service revenue in August 2026 reached VND 2,337 billion, a 29.7% increase compared to the same period last year; the total for the first eight months of the year reached VND 14,669 billion, a 20.2% increase. The market is supported by the completion of transportation and urban infrastructure, but there is still differentiation between segments, with absorption capacity depending on location, legal status, project progress, and actual demand.

 

Source: baodautu.vn

 

2. Hoa Khanh Ward to Get Nguyen Sinh Sac Road Extension Project Worth Over 9,400 Billion VND.

 

Da Nang’s Hoa Khanh Ward is conducting surveys and documenting existing conditions for the Nguyen Sinh Sac Extension Road Project, which has a total investment of more than VND 9.4 trillion. The project will stretch over 2.5km from the intersection of Ton Duc Thang and Nguyen Sinh Sac streets to Hoang Van Thai Street. With a planned roadbed width of 60 metres, construction is scheduled from 2026 to 2032. The route will pass through several residential areas, including Chon Tam, Da Son and Khanh Son.

 

The project aims to create a continuous transport corridor connecting Nguyen Tat Thanh Street with Hoang Van Thai Street, linking key routes such as the Western Ring Road 1, Western Ring Road 2 and Hoa Lien–Tuy Loan Expressway. Local authorities are coordinating land surveys, inventory and compensation-related work while maintaining existing conditions within the project area. Once completed, the road is expected to improve east-west connectivity, ease travel and support infrastructure and socio-economic development in northern Da Nang.

 

Source: baodanang.vn

 

3. New regulations on the illegal transfer of housing purchase contracts: Fines up to 1 billion VND, mandatory refund of all collected money and profits.

 

Vietnam has introduced significantly higher penalties for the improper transfer of housing or construction purchase and lease-purchase contracts under Decree 339/2026/ND-CP. Under Article 71, violations involving the transfer of contracts without meeting the required conditions can result in fines ranging from VND 800 million to VND 1 billion. The regulation applies to housing and construction projects covered by real estate business laws.

 

In addition to the fine, violators may face remedial measures. The transferor must return to the transferee the full amount collected improperly, together with any interest generated from that amount. Other violations, including failure to use required contract templates, incomplete contract terms, improper confirmation of contract transfers, and breaches of regulated property pricing rules, are also subject to fines ranging from VND 180 million to VND 500 million. The new penalties highlight the government’s stronger approach to enforcing contractual compliance and protecting parties in real estate transactions.

 

Source: cafef.vn

 

4. Da Nang Unlocks More Than 350 Stalled Projects and Land Sites Through Special Mechanisms.

 

Da Nang has continued to remove legal and administrative obstacles for stalled projects across the city, with more than 350 projects and land sites now included in the list eligible for special mechanisms. The city has also assigned specific responsibilities to relevant agencies and established implementation timelines to accelerate the resolution of long-standing issues under mechanisms approved by the National Assembly and guided by Government Decree 147/2026/NĐ-CP.

On September 9, the city approved the continued implementation of the Northeast Residential Area Project, Phase 2, covering about 7 hectares in Hoi An and Hoi An Dong wards. It also allowed land allocation and leasing to resume for the An Phu Residential Area Project in Quang Phu Ward. Meanwhile, the North Hoi An Commercial and Service Urban Area Project was allowed to continue receiving land allocation and leasing, covering more than 155,900 square metres. The city also approved further land procedures for the Ha My Mixed-Use Urban Area, a 51,530-square-metre project in Dien Ban Dong Ward.

 

Source: vietnamplus.vn

 

5. Up to 130 million VND fine, if a residential apartment is used for non-residing purposes. 

 

Vietnam has introduced stricter penalties for violations involving the management and use of apartments under Decree 339/2026/ND-CP, effective from August 26, 2026. Fines of up to VND 130 million can be imposed for serious violations, including unauthorized changes to the function or intended use of common areas and using apartment units for non-residential purposes, except when legally rented for residential use. Other violations, such as intentionally causing water leaks or altering exterior designs against approved architectural regulations, are also subject to the same penalty range.

Lower penalties apply to other violations. Failing to pay required maintenance fees can result in fines of VND 20 million to VND 30 million, while illegally occupying common areas, damaging structural elements, or using shared facilities for private purposes may result in fines of VND 60 million to VND 80 million. In addition to financial penalties, violators may be required to restore the original condition, return improperly used common areas or facilities, and ensure apartments and shared spaces are used for their legally designated purposes.

 

Source: laodong.vn

 

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