Quy Nhon real estate is in the wave: Infrastructure breakthrough, tourism boom, capital flow accelerates

(CLO) Quy Nhon is emerging as a new destination on the Central real estate map. With advantages in infrastructure, tourism and land development, this place is expected to become the "second Da Nang", opening a new growth cycle for investors.

Quy Nhon – the new market of the Central region

The Central Coastal Real Estate Map is witnessing a shift in balance. While Da Nang and Nha Trang once played a pioneering role, Quy Nhon is now mentioned as a new bright spot, meeting all the conditions to enter a new growth cycle. After the hot growth period of 2015-2019, Da Nang has now entered a period of stability, with transaction speeds slowing down. Nha Trang is also forced to restructure to handle the excess supply of condotels. Meanwhile, Quy Nhon, with its clean land fund and long-term development potential, has risen to become a "new star" on the Central region map.

Quy Nhon is striving to become the new development center of the Central region.

Quy Nhon’s first advantage is its low price level. Compared to Da Nang and Nha Trang, real estate prices here are still 20-30% lower, while the potential for infrastructure and tourism development is not inferior. This difference opens up an attractive price increase margin, especially in the context of many investors looking for opportunities in emerging markets.

Second is clean land fund and long-term development space. Areas along Highway 19 and Ha Thanh River are continuously planned synchronously, creating new development space for the city.

Connecting infrastructure is also entering a breakthrough phase. The North-South Expressway section Hoai Nhon - Quy Nhon, National Highway 19 connecting Quy Nhon port with the Central Highlands has been completed, Quy Nhon port - the 4th largest seaport in Vietnam, has been upgraded to an international port and Phu Cat airport has expanded its capacity. These factors have simultaneously turned Quy Nhon into a strategic traffic hub, playing the role of a "gateway" to the newly formed super province after the merger.

Tourism is the most powerful lever for breakthroughs. Many international magazines, including Rough Guides and The Guardian, have voted Quy Nhon as one of the emerging destinations in Asia. In fact, the number of tourists to Quy Nhon in recent years has grown strongly, recording nearly 8 million arrivals in 2024, 6.5 million arrivals in the first 6 months of 2025 with attractions such as Ky Co, Eo Gio, Ghenh Rang or Cu Lao Xanh.

Finally, the economic and political foundation also contributes to strengthening Quy Nhon's position. Before the merger, Binh Dinh's GRDP maintained a stable growth rate of over 7%/year. In July 2025, the event of Binh Dinh officially merging with Gia Lai created a "super province" of more than 21,000 km², in which Quy Nhon was chosen as the administrative and political center. This is a turning point to elevate Quy Nhon's role in the entire region.

Capital flows shift, market signs of wave

A market is only truly attractive when there is a large capital flow, and in Quy Nhon, this signal is clear. According to statistics from the Quy Nhon Land Registration Office Branch, in March and April, the unit received and processed more than 900 records of buying, selling, and transferring land use rights. Compared to the same period, the number of records increased by about 65% and shows no signs of stopping.

From a business perspective, Quy Nhon has seen the simultaneous participation of both large and secondary investors. Domestic real estate corporations are constantly hunting for land funds. Some corporations such as Sun Group, FLC or Phat Dat have been present, showing the growth potential of the market. According to the Provincial People's Committee, Quy Nhon alone currently has 32 urban and resort projects calling for investment.

Quy Nhon is considered the "second Da Nang" on the real estate map (Photo: Quy Nhon Iconic Urban Area)

Analysts say this shift is similar to Da Nang 10-15 years ago: prices are still low, infrastructure is booming, tourism is booming and capital is pouring in. For example, in Da Nang, Bach Dang Street, the current price has exceeded 340 million VND/m², a sharp increase compared to the previous level of ~286 million VND/m². When all factors converge, a new growth cycle will often be triggered in Quy Nhon.

In that overall picture, the presence of key projects such as Quy Nhon Iconic contributes to demonstrating the market's appeal. The project is systematically planned on an area of ​​over 43 hectares along the Ha Thanh River, right next to the frontage of National Highway 19. Positioned as a "River Village, Seaside City", Quy Nhon Iconic harmoniously combines riverside tradition and modern life, creating a new standard for a model urban area.

Quy Nhon Iconic - model urban area along Ha Thanh river.

Quy Nhon becoming the core of a super province, meeting all the conditions to become the "second Da Nang" on the Central real estate map, has made the projects being implemented here become the focus that cannot be ignored by investors.

Source: https://congluan.vn/bat-dong-san-quy-nhon-vao-song-ha-tang-but-pha-du-lich-bung-no-dong-von-tang-toc-10311566.html