According to a survey by Lao Dong reporters, many new apartment projects being opened for sale in Da Nang City have very high prices, currently in the mid-high-end segment.
Accordingly, a new apartment project in Cam Le ward was advertised by a brokerage unit at about 3 billion VND for a 45m2 apartment, equivalent to more than 66 million VND/m2.
Real estate brokers said that this is a project located in the Hoa Xuan bridge area, on the Cam Le river front, with a scale of 2 towers of 22 floors and 2 basements. Also here, a 58m2 apartment is also being offered for 3.2 billion VND, equivalent to more than 55 million VND/m2.
In Son Tra ward, some new apartment projects are also being offered at 55 80 million VND/m2, causing many investors to be particularly interested.
A new apartment on Tran Hung Dao Street is being advertised for about 4.1 billion VND, with an area of about 62m2, equivalent to more than 65 million VND/m2. A 70m2 apartment is being offered for VND4.8 billion, equivalent to more than VND68 million/m2...
Not only that, many urban area and luxury apartment projects have been continuously implemented in Da Nang in recent times.
In the area along the Han River, the Sun Symphony Residence project is constructing apartment towers and low-rise housing blocks along the river. This complex is about 8 hectares in scale with 200 townhouses, 20 villas on the Han River, 3 towers with 1,300 apartments.
With the diamond located at the foot of the Dragon Bridge, The Legend City Da Nang project was started at the end of February 2025. The project has a scale of 3 basements and 2 towers, including luxury apartments and a 29-storey hotel.
Not only that, located near Hoa Xuan bridge area, Sun Spana Tower project is a high-end apartment complex in Nam Hoa Xuan ecological urban area. The project includes 2 towers with 22 floors above ground and 2 basements, providing more than 1,281 apartments of all kinds, from studios to penthouses.
According to CBRE Vietnam Real Estate Investment and Service Company, the Da Nang apartment market will continue to maintain strong growth momentum in the next 3 years, with about 10,000 new apartments for sale.
Most of the projects opened for sale from 2024 to present have prices from 65 million VND/m2 or more. In the first half of 2025 alone, the market will see luxury projects in the center and along the Han River with the highest selling price of up to 130 - 200 million VND/m2.
The Vietnam Association of Realtors (VARS) also pointed out 3 localities that are bright spots in the real estate market, including Hai Phong in the North, Da Nang in the Central region and Ho Chi Minh City in the South.
According to VARS, real estate supply in Da Nang has increased sharply over the past year. Upcoming projects continue to record good absorption rates, in which the main segment is still high-end apartments. The price level has tended to increase again, approaching the peak in 2019 with a difference of about 15 - 20%.
