Da Nang approves investment in apartment project worth nearly 800 billion VND.

On July 21st, the Da Nang City People's Committee announced that it had approved the investment policy and the investor for the Ho Xuan Huong apartment project (The Poet Residence) by Phuc Thanh An Real Estate Joint Stock Company.

Accordingly, the Ho Xuan Huong apartment project is being built at 95-97-99 Ho Xuan Huong Street (My An Ward, Ngu Hanh Son District, Da Nang City) with a total investment of over 792 billion VND, comprising 275 commercial apartments. The project includes 25 above-ground floors, 1 penthouse floor, and 2 basement floors, with the tower reaching a height of 95m.

Rendering of the Ho Xuan Huong apartment project, comprising 275 commercial residential units.

The goal of the Ho Xuan Huong apartment project (The Poet Residence) is to invest in and build a commercial apartment complex for sale and office space for rent, equipped with new, modern facilities to better serve the needs of residents and businesses in the area.

In early June, the Da Nang City People's Committee approved the investment plan and the investor for the Aqua Tower apartment project by Aqua Tower Co., Ltd. The Aqua Tower project is being developed at Lot No. 03, Area A2-1, Son Tra - Dien Ngoc Commercial Center, Office for Rent, High-Rise Residential and Luxury Villa Complex, part of the Son Tra - Dien Ngoc Resettlement Area Project (Tho Quang Ward, Son Tra District, Da Nang City).

The project aims to be developed for sale and lease, meeting the housing needs of city residents and businesses in the area. It will provide the market with 202 commercial apartments, ranging in size from ^44.3m² to ^173.3m² , built as self-contained units (with separate bedrooms, living rooms, kitchens, and bathrooms). The Aqua Tower project has a 50-year operating period, with completion and operation expected in Q1 2026.

Source link: https://thanhnien.vn/da-nang-chap-thuan-dau-tu-du-an-chung-cu-gan-800-ti-dong-185230721163531039.htm