Recorded by Lao Dong reporter on September 11, in recent times, many real estate projects and construction works have been being implemented simultaneously, contributing to changing the urban appearance of Da Nang City.
Notably, on Le Van Duyet Street, many large projects and works are being implemented such as Thuan Phuoc New Urban Area; Sun Symphony Residence; Maria Complex Project; Peninsula Danang Apartment Complex...
At the end of March 2025, on Le Van Duyet Street (Da Nang City), the groundbreaking ceremony for the Thuan Phuoc New Urban Area with a scale of nearly 100 hectares and an investment capital of nearly 11,500 billion VND took place.
The urban area includes diverse housing areas such as villas, shophouses, luxury apartments, modern commercial townhouses; a complex of shopping malls, 5-6 star hotels; shopping, food and entertainment neighborhoods; along with a park system and public utilities such as schools, sports centers, community living areas.
Also located on Le Van Duyet Street near the Thuan Phuoc New Urban Area project, the Maria Complex project of the Yard Joint Stock Company has just been restarted. This project has an area of nearly 12 hectares with apartment towers, hotels, yacht wharves and a row of villas on the Han River.
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...
Not only are projects being implemented simultaneously, the Department of Construction of Da Nang City has issued a notice regarding the exemption of construction permits according to legal regulations for projects that meet the conditions.
The investor has fully implemented procedures on land, fire prevention and fighting, environment and related procedures.
The Department of Construction of Da Nang City also announced a list of works and projects subject to exemption from construction permits but has not yet reviewed relevant procedures. This list includes 23 projects, with a total investment of more than VND 21,584 billion.
The Vietnam Institute for Real Estate Research (VIRES) assessed that after the merger, Da Nang City is strongly striving to become a financial - technological center of the country and the region with a series of breakthrough planning such as Free Trade Zone (FTZ), International Financial Center along with key infrastructure and transportation projects such as Lien Chieu Port, coastal roads and international airports.
Many real estate experts commented that the administrative merger has expanded development space, increased population size and land fund, creating more opportunities for strategic investors in Da Nang City.
These factors resonate to create a solid foundation for the Da Nang real estate market to maintain stable growth momentum, attract investment capital, and diversify product supply in the following quarters, contributing to strengthening Da Nang's position as a dynamic and sustainable real estate development center in the Central region.
