Iconic apartment project gradually taking shape on the Han River, Da Nang

Thu Giang |

Da Nang - Many iconic luxury apartment projects are gradually taking shape on the roads along the Han River.

According to Lao Dong reporters, in recent times, many iconic luxury apartment projects have been implemented along the Han River, creating a new look for the center of Da Nang City.

On Bach Dang, Tran Hung Dao, Nhu Nguyet routes... a series of apartment projects, complexes and high-rise hotels are gradually taking shape, clearly demonstrating the trend of planning and developing riverside urban areas.

A typical example is the Danang Landmark luxury apartment project located on Bach Dang Street.

According to the introduction, this project includes 2 twin towers such as the 31-storey Phoenix building and the 39-storey Dragon Tower. The project has 2 basements with a total of 446 luxury apartments and 8 shophouses, built on a land area of over 3,700m2, this is a project that many investors are interested in.

Also 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 will start construction in early 2025. The project has a scale of 3 basements and 2 towers, including luxury apartments and a 29-storey hotel.

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Many apartment projects are springing up along the Han River, creating a new look for Da Nang City. Photo: Thu Giang

Data from the Batdongsan.com.vn analysis website recently showed that the Da Nang apartment segment is in the group of tourist cities with the highest investment efficiency in the past 2 years, with a price increase of 146% compared to the first quarter of 2023.

Report on the real estate market in Da Nang City in the third quarter of 2025 by real estate research and development consulting unit DKRA Consulting - analyzed, for the apartment segment, primary supply continues to increase, recording an increase of 87% over the same period.

In particular, the A-class apartment segment (high-end) maintains its leading position, accounting for 81% of the total primary supply in Da Nang. The new supply to the market has reached about more than 3,000 units, but most of them are only concentrated in the high-end apartment segment.

According to DKRA Consulting, market demand continues to improve, reaching 68% of the total primary supply. The market is gradually experiencing an imbalance of supply between segments because most of the projects launched in the market are positioned in the high-end segment.

Mr. Vo Hong Thang - Deputy General Director of DKRA Group - commented that apartment prices in Da Nang are currently exceeding the ceiling compared to real housing needs.

However, according to experts, this price reflects the clear shift of the market to the high-end and luxury segments, mainly aimed at customers and investors with more financial potential than local people with real housing needs.

Thu Giang
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