Saigon - Da Nang Investment Joint Stock Company (SDN) officially handed over 934 red books to residents of The Lumia Da Nang - a multi-functional megacity, located in a strategic location adjacent to the Nguyen Tat Thanh coastal arterial road extended, adjacent to the free trade area and Lien Chieu port.
This is not only a positive milestone for residents, but also affirms the Investor's determination to remove obstacles, promote the process of issuing certificates for projects in Da Nang and strive to fulfill the Investor's commitment to customers.
The Lumia Da Nang, developed on a scale of nearly 70 hectares, is oriented to become a major urban area with synchronous technical infrastructure and world-class internal amenities according to the pioneering international urban area model in Da Nang.
The project has a construction density of about 48%, dedicating more than 20 hectares to green spaces and water surfaces, highlighting the intersection of peaceful nature in the vibrant pace of life in the heart of the city.
For customers who buy real estate, the red book is the highest legal document, establishing legal ownership of assets, and at the same time is the basis for carrying out purchase, sale, transfer, mortgage transactions and related financial activities.
In fact, real estate assets that have been granted land use right certificates often have higher liquidity thanks to legal assurance, legal ownership confirmation, even if used for other transaction purposes, it is easier.
Understanding the psychology of "solid food, durable clothing" of customers, in the past time, the investor of The Lumia Da Nang project has shown efforts to coordinate with all levels of government and departments to complete the necessary procedures, ensuring the issuance of Land Use Right Certificates for residents.
Mr. Tran Dinh Quan - Business Director, representative of The Lumia Da Nang project development unit - said that the issuance of red books to residents is part of the enterprise's implementation plan.
We understand that when owning any real estate asset, customers are only truly assured when that asset is granted a certificate of ownership. This is not only a responsibility to customers but also an important factor for businesses to build prestige in the market," Mr. Quan shared.

After the handover of The Lumia Da Nang Land Use Right Certificates, the enterprise will continue to urge and accelerate the progress of completing red books for the remaining customers and organize further book handovers.
The completion of the work of issuing red books to residents of The Lumia Da Nang is clear evidence of the capacity and serious commitment of the investor.
With the legal framework gradually being completed, the project not only meets the housing needs of the people but also opens up strategic investment opportunities, anticipating the strong recovery and long-term development of the Northwest Da Nang real estate market.