Week 07/2025 – Central Vietnam Real Estate News Summary

1. The Apartment Segment In Da Nang Is  One Of The Key Segments Leading The Market Recovery In 2025.

1. Mr. Vo Hong Thang, Deputy General Director of DKRA Group, said that the Da Nang market experienced a volatile year in 2024 with many mixed developments, both challenges and opportunities. The most notable highlight of the Da Nang market last year was the apartment segment, when in the first 11 months of 2024 alone, the new supply reached the milestone of about 3,200 apartments opened for sale on the market, 3.8 times higher than the same period last year. The new consumption volume was also relatively positive with more than 2,600 apartments welcomed by the market, 4.7 times higher than the same period in 2023.

    

   Mr. Thang assessed that the real estate market in the Central region in general and the apartment segment in Da Nang in particular still possess great growth potential with a lot of room for development.

   Mr. Nguyen Duc Lap, Director of Real Estate Research and Training Institute: Compared to the beginning of the year, land prices in many areas of Da Nang have increased by an average of 15-20%, with clear positive liquidity. Meanwhile, the residential apartment segment has led the primary market with surprising payment levels and absorption capacity in the market, especially in the high-end segment.

    

   Looking at the real estate market in 2025, Mr. Lap said that the primary market is likely to maintain positive momentum based on good information about local planning and investment. Hopefully, the projects that have been removed from the recent National Assembly Resolution will soon be added to the market supply, creating a more bustling market.

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   “The apartment segment will maintain its growth momentum with the addition of supply from new projects. With the growth momentum in the secondary land segment as in the recent past, if there is no restraint on the price increase, the market will soon “stall” when prices are high and there is no additional primary supply,” Mr. Lap commented.

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Nobu Residences Danang project will be an important milestone in elevating the city, while also driving the strong development of the high-end real estate market in this area.

Source: toprealty.vn

2. F0 Investors Start “Hunting” For Land.

The surge in apartment prices in Ho Chi Minh City, with the average price reaching 91 million VND per m² in Q4 2024, highlights a strong focus on the high-end and luxury segments, as 80% of new units are priced above 75 million VND per m². This trend is mirrored in Da Nang, where high-end projects are also gaining attention. With Ho Chi Minh City’s real estate prices rising sharply, Da Nang offers more affordable options, particularly in the luxury beachfront segment, presenting an opportunity for investors seeking capital migration. As property prices in Ho Chi Minh City continue to climb, rental rates could also increase, making Da Nang’s serviced apartments and hospitality real estate more appealing. This suggests Da Nang’s market has room for growth, especially in the high-end sector, with potential for price appreciation in the near future.

Source: cafef.vn

3. Solutions For The Projects That Were Under Investigation Of the state.

National Assembly Chairman Tran Thanh Man has signed a Resolution addressing specific mechanisms and policies to resolve issues for projects and land in Ho Chi Minh City, Da Nang, and Khanh Hoa Province. This Resolution, effective from April 1, 2025, mandates strict implementation of inspection, examination, and judgment conclusions that have come into force. It focuses on addressing difficulties and obstacles in cases where violations are due to state management agencies’ faults or joint fault between the state management agency and the investor.

 

In Da Nang City, the Resolution identifies six cases from Inspection Conclusion No. 2852 dated November 2, 2012, including various land plots and projects such as:
1. Land plot A2, resettlement area on Son Tra – Dien Ngoc route (10,063 m2).
2. Land plot for 36 Bach Dang Hotel.
3. Land plot of 5,000 m2 in An Hai Tay ward, Son Tra district.
4. Land plot of 8,000 m2 on Pham Van Dong street.
5. A tourist area project combined with a villa village in Con Man Quang, Son Tra district (50,000 m2).
6. Land plot for project implementation (8,478 m2).

 

The Resolution specifies that if a project has already been invested in and the land is in use, the land use period will be adjusted to 50 years from the decision on land allocation, lease, or land handover. If the investor has already paid land use fees for a long-term period, the land use period will be calculated from the issuance of a construction permit, or from the start of construction if no permit is needed, as determined by the People’s Committee of Da Nang City.

Source: cafebiz.vn

4. Da Nang To Build 69-Story Tower, Set To Become Vietnam’s Second Tallest Skyscraper.

Da Nang is planning to build a 69-story landmark tower in the Asia Park area, which, if approved, will become the tallest building in Da Nang and the second tallest in Vietnam, reaching a height of over 400 meters. This project is part of the city’s development plans for 2023-2030. The selected investor, Sun Group, is a major developer in Da Nang with several iconic projects contributing to the city’s tourism infrastructure. The group is currently working on completing licensing procedures.

The tower will be part of a large thematic park, along with cultural, entertainment, and commercial facilities, located southeast of the Memorial Square in the second phase of Asia Park. The building will have a maximum of 70 floors and a projected height of 408 meters, making it second only to Landmark 81 in Ho Chi Minh City in height in Vietnam.

Da Nang’s vision for 2030 is to become a sustainable urban center, focusing on tourism, high-tech industries, and the marine economy. The city is prioritizing investments in five key sectors: high-quality tourism, seaports and aviation, high-tech industries and smart urban development, digital economy sectors like IT and telecommunications, and high-tech agriculture and fisheries.

By 2045, Da Nang aspires to be a major smart, innovative metropolis, playing a key role in the socio-economic landscape of Vietnam and Southeast Asia. The city also plans to develop into an international seaport city and a central driver of economic growth in Central Vietnam and the Central Highlands.

Source: cafeland.vn

5. Open New Flight Route, Bringing Passengers To Da Nang.

As of 2025, Da Nang has 23 domestic and international flight routes. New routes are expected to open from cities such as Incheon (South Korea), Bangkok (Thailand), Osaka (Japan), Yangon (Myanmar), and others from Russia, Eastern Europe, and the Middle East, boosting tourism. Vietnam Airlines and other carriers are expanding services, including new flights from cities like Ahmedabad (India) and Jakarta (Indonesia). These developments will strengthen Da Nang’s position as a key international travel hub, enhance tourism, and attract more visitors and investors, particularly from new markets like Russia, Eastern Europe, and the Middle East.

Source: www.baodanang.vn

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