This land was previously a real estate facility of Quy Nhon College of Technology, currently in Quy Nhon Nam ward.
Located on the coastal road of An Duong Vuong, the land is considered a prime land in Quy Nhon. The starting price for the auction is more than 1,193 billion VND, with a land use term of 50 years.
According to the decision, the land will be divided into many items. Of which, the area of over 1.5 hectares is for apartment buildings combined with trade and services; the land area for construction is 6,209m2. The entire project is expected to have about 2,704 apartments.
The project implementation progress is 2 years from the date of the land allocation decision of the Provincial People's Committee. If investors are slow to implement or do not complete on schedule, they will be handled according to regulations.
Previously, in July 2025, the People's Committee of Gia Lai province approved the investment policy for the Quy Nhon Commercial and Tourism Service Apartment Project, with a total investment of more than 11,600 billion VND.
