586 apartments at Capital Square 3 project are eligible for sale

DNO - 586 apartments in block MAT 5-6 of Capital Square 3 Urban Area project (An Hai ward) are eligible to be sold according to regulations.

Da Nang city is developing strongly with many housing projects. Photo: XUAN SON

On the afternoon of August 6, the Department of Construction announced: 586 apartments in block MAT 5-6 of the Capital Square 3 Urban Area project (building MAT 5-6) in An Hai ward, Da Nang city are eligible for sale according to the provisions of Article 24, Law on Real Estate Business 2023.

Previously, in July 2025, SIH Real Estate Company Limited - the investor of Capital Square 3 Urban Area project sent an official dispatch to the Department of Construction notifying that future housing is eligible for sale and lease-purchase at the above project, specifically 586 apartments in block MAT 5-6.

The Department of Construction requires investors to be responsible for the completeness, accuracy, and honesty of information about the project, investor, and future housing.

Capital Square 3 Urban Area Project is located on Ngo Quyen Street, An Hai Ward, Da Nang City, invested by SIH Real Estate Company Limited with land area: 29,427 m².

Project scale includes: LAT 4-5 block has 26 floors + elevator shaft, 374 apartments, floor area 618.85 m²; MAT 5-6 block has 24 floors + elevator shaft, 586 apartments, floor area 902.3 m²; MAT 7-8-9 block has 29 floors + elevator shaft, 750 apartments, floor area 987.51 m².

The investor must ensure that future housing in the project meets the conditions for sale according to regulations; sign housing sale and purchase contracts in accordance with regulations; if the project or apartment is mortgaged, the mortgage must be released before signing the contract...

The first payment shall not exceed 30% of the contract value (including deposit), the following payments must be in accordance with the construction progress but the total shall not exceed 70% when not yet handed over and not exceed 95% when not yet granted a certificate; the deposit shall not exceed 5% of the selling price.

The investor publicly discloses project information, implements periodic reporting, and implements the project in accordance with legal regulations on investment, land, construction, environment, fire prevention and fighting, etc.

The investor is fully responsible before the law if any violations occur during the investment, construction and real estate business process at the project.

Source: https://baodanang.vn/586-can-ho-tai-du-an-capital-square-3-du-dieu-kien-duoc-ban-3298783.html