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Real estate investors are rushing back to the Da Nang market

Báo Dân tríBáo Dân trí09/11/2024

(Dan Tri) - Recently, after information about the breakthrough policy, new projects have continuously had barriers removed and been vigorously implemented, the Da Nang market continues to record positive signals, when new investment cash flow begins to flow into the high-end and luxury segment.


According to data from Batdongsan.com.vn, the level of interest in the Da Nang real estate market in September increased by 27% compared to the same period in 2023, the number of listings increased by 52% compared to the same period last year, in which the number of searches by Hanoians increasingly accounted for a large proportion and increased by 90% in the second quarter compared to the previous quarter. This index partly demonstrates the interest of investors from other provinces in the potential market, creating momentum for a sustainable development cycle in the coming time.

According to investors, there are many factors contributing to their interest in the Da Nang real estate market, of which the most notable point is that the city is focusing on completing the project to establish a Da Nang free trade zone. This policy is expected to become a new driving force for economic development, have an important impact on tourism and especially promote the real estate market.

According to Mr. Dinh Minh Tuan, Southern Regional Director of Batdongsan.com.vn, in the period of 2026 - 2030, when Da Nang implements investment in many key infrastructure projects, real estate projects launched and operated at this time will benefit greatly. With a vision and orientation for sustainable tourism until 2045, the projects will create highlights on the main routes of coastal tourism, notably Vo Nguyen Giap and Vo Van Kiet.

Nhà đầu tư bất động sản rục rịch quay lại thị trường Đà Nẵng - 1

The "billion dollar" Vo Nguyen Giap road along My Khe heritage beach is the destination of luxury real estate projects in Da Nang (Photo: batdongsan.com.vn).

This expert also believes that Da Nang has all the elements to become a potential destination for branded real estate. In the context that luxury real estate in Ho Chi Minh City or Hanoi is approaching the "profit-taking" time, the flow of investment money to a market with a lot of room and potential like Da Nang is an inevitable trend.

Currently, the new point of the 2023 Real Estate Business Law has a particularly important meaning when indirectly recognizing the type of mixed-use tourism real estate that meets the conditions for business, thereby promising to bring potential for the vibrant tourism apartment market again in Da Nang.

Mr. Vo Thanh Lam, CEO of Ban Viet Real Estate (VCRE) - investor of the Nobu Danang brand real estate project right on My Khe beach frontage - said that the growing economy and key location make Da Nang an attractive destination for businesses and investors.

"This is also an essential driving force, in addition to applying specific mechanisms, for Da Nang to regain its competitive position, even with the largest markets. We, as well as other reputable businesses, will certainly choose to develop resort projects in a more quality and different direction in the new cycle," said Mr. Lam.

The differences are limited quantity, methodical investment, world-class service, clear legal status. The fact that Nobu Danang was granted a construction license has partly demonstrated the position of this type of luxury tourism real estate, ready to return to the market with the most complete version.

Nhà đầu tư bất động sản rục rịch quay lại thị trường Đà Nẵng - 2

After being granted a construction permit, the Nobu Danang project site quickly began construction (Photo: VCRE).

Nobu Danang also scores points with its 100% ocean view, focusing on high-class experiences, effective exploitation, and increasing benefits for customers. This is a different strategy compared to many other resort apartment projects, which are often large-scale and spread out, leading to difficulties in management, operation, and maintaining high rental prices.

Mr. Lam also shared that appropriate scale will increase operational value, optimize rental capacity, especially in a competitive market like Da Nang. Standard design and operation process in each apartment to maintain high rental prices is the key, synonymous with the goal of increasing asset value over time, activating vibrant secondary market transactions in the future.

The project is expected to be completed in 2027 so that Nobu Danang owners will have in their hands an iconic, livable, and investment-worthy asset right at No. 1 Vo Van Kiet, Vo Nguyen Giap intersection.

Nhà đầu tư bất động sản rục rịch quay lại thị trường Đà Nẵng - 3

Nobu Danang promises to welcome diners with a top-notch culinary experience and exceptional service (Photo: VCRE).

Bringing Nobu - a global luxury real estate brand to Vietnam is a bold move but demonstrates VCRE's long-term vision. Nobu Danang will contribute to diversifying resort tourism experiences in Da Nang and attracting resort investment capital to this leading tourism market in the Central region.

Contact information:

Sales Gallery in Da Nang:

90 Vo Van Kiet, An Hai Dong ward, Son Tra district

Experience Gallery in HCMC:

208 Nam Ky Khoi Nghia, Vo Thi Sau ward, district 3

VCRE Sales Center Hanoi Office

Ground floor, Pacific Place building - 83B Ly Thuong Kiet street, South gate, Hoan Kiem, Hanoi



Source: https://dantri.com.vn/bat-dong-san/nha-dau-tu-bat-dong-san-ruc-rich-quay-lai-thi-truong-da-nang-20241109123328222.htm

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