Week 28/2025 – Central Vietnam Real Estate News Summary

1. Da Nang City: Kick Off Hoa Nhon Industrial Cluster Project.

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2. Saigon Danang Investment JSC (SDN), a subsidiary of Saigon Investment Group, marked its 20th anniversary on July 13 in Da Nang with the official launch of the Hoa Nhon Industrial Cluster. Located in Ba Na commune, the nearly 25-hectare cluster will be developed with complete technical infrastructure over a 36-month construction period and is set to operate for 50 years. The project aims to attract a diverse range of manufacturers, including those in mechanical engineering, electronics, textiles, plastics, and supporting industries aligned with environmental and sustainability standards.

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   Da Nang officials, including Vice Chairman Tran Chi Cuong, commended SDN’s contributions to the city’s industrial infrastructure and emphasized the importance of adhering to the approved master plan, timely progress, and eco-friendly development. The city reaffirmed its commitment to supporting SDN and its partners. SDN is also the developer behind major local industrial parks such as Lien Chieu and Hoa Khanh Expanded Industrial Parks, reinforcing its long-term presence in the region.

Source: thuonghieucongluan.com.vn

2. Company From Ha Noi To Succeed In Auctioning The Land At 16 Bach Dang, Da Nang.

On July 10, Phuc Tin Service Joint Stock Company secured a key land parcel at 16 Bach Dang, Da Nang, for nearly VND 360 billion—approximately VND 49 billion higher than the starting price of VND 311 billion. The auction, organized by the Da Nang City Land Fund Development Center, saw participation from two individuals and one enterprise. With this winning bid, Phuc Tin will develop the site into a mixed-use complex featuring office buildings, luxury hotels, tourist apartments, and other tourism-related services.

Located at the corner of Bach Dang and Tran Phu streets along the Han River, the site is considered one of Da Nang’s most valuable “golden land” plots. It allows for a construction density of up to 80%, 15–25 floors above ground, and a maximum of 5 underground levels. Site clearance and technical infrastructure are already complete. The total project investment is estimated at over VND 300 billion, with a construction timeline of 24 months following the official land lease approval. City officials emphasize the importance of timely project execution to deliver economic and social benefits for residents.

Source: cafebiz.vn

3. This Is How Tourism Real Estate Investors Bring Sustainable Profits To Investors.

Crystal Bay and other experienced tourism real estate developers are shifting from short‑term profit guarantees to sustainable long‑term strategies. Instead of fixed returns, they offer lifelong rental commitments in USD, with annual rental increases of about 2% after the first two years danviet.vn. This builds trust, avoiding past issues where developers failed to deliver promised returns. Another model shares actual project revenue, giving investors choices on self‑management or delegation . Tourism real estate success depends on integrated ecosystems—hotels, entertainment, retail—and effective management, which boosts occupancy and ensures stable returns for investors.

Source: cafef.vn

4. Da Nang City Calls For Investment In Waterway Tourism Project Worth Nearly 10 Trillion VND.

Da Nang City has approved a nearly 10-trillion VND project to develop and operate inland waterway tourism for 50 years. This extensive project, covering the Han, Co Co, Vinh Dien, and Cam Le rivers, includes land clearance costs. The plan involves building, upgrading, and expanding 20 inland waterway terminals across 15 hectares, with an additional 25 hectares for supporting parks. The aim is to boost waterway tourism with new tours, dining, and entertainment on board, while also providing public transportation to ease road traffic.

The project will procure eco-friendly vessels (100-300 and 300-500 passenger capacities). Phase 1 (2025-2030) focuses on 7 terminals along the Han River, with scenic parks and river art performances. Phase 2 (2028-2031) will add 9 terminals on the Vinh Dien and Co Co rivers, and 4 on the Cam Le River. Investors have three years per phase to finalize permits and commence construction after land allocation. Previously, Da Nang’s Department of Construction invited investors to operate modern, luxury tourist vessels.

Source: cafeland.vn

5. Record-Breaking Apartment Price Emerges In Da Nang: Double The Market Average, Right Next To The Han River.

The launch of M Landmark Residence has made headlines in Da Nang’s property market, setting a new benchmark with prices reaching USD 7,500–7,700/m² (approximately VND 200 million/m²). Located at 58 Bach Dang Street on the banks of the Han River, the 45-story luxury project is developed in collaboration with Marriott, reinforcing the city’s emerging role as a hotspot for branded residences. This ultra-luxury pricing is nearly double the current average for new launches in Q2/2025, which range around USD 3,000–3,200/m².

Despite the entrance of this high-end segment, Da Nang’s market remains layered. Projects like Sun Solar by Sun Group are still under construction, while Newtown Diamond is selling at around VND 80 million/m² and Mia Center Point at VND 39 million/m². Over 1,100 new units launched in Q2, with absorption rates of 30–40%. The rise of global-brand partnerships and distinct price tiers reflects increasing market maturity and offers diversified opportunities for both investors and homeowners.

Source: cafebiz.vn

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