Coastal land price of Danang performed “jump”

Danang land market becomes a hot spot for “wave” investment.

Many real estate projects have been rebuilt and marketed, or newly built along the Da Nang coastal road. Da Nang Sea is becoming the focal point of investors both at home and abroad, even the local customers are welcome. The impact that money flow into the real estate market Da Nang has increased dramatically, pulling by the phenomenon creates “jump” on the price of land in the area.

There are many natural conditions to develop tourism, resort. A dynamic economy is on the rise. Plus many open government policies for investors. So many large scale projects have been deployed in Da Nang to “welcome” wave of coastal real estate in the past.

Da Nang seaport has been operating a lot of projects of effective operation

According to the share of a Hanoi businessman has been involved in investment in Danang resort: Although real estate is experiencing a quiet period, but the demand for real estate is still very large but increasingly. Customers not only look for a high-end resort, but also create a solid asset for themselves.

It is possible to point out some main reasons for the “jump” of Da Nang land price:

Along the coastal road to the east of Da Nang with a length of about 30 km from Son Tra peninsula to Non Nuoc beach. Most of the land overlooking the sea are owned by resorts and chain of hotels and restaurants, coastal services. All have been formed and all have been mastered.

Therefore, the land to be exploited to work along the sea route is very rare, if not to say no.

Sea supply is inversely proportional to the ever-increasing demand of customers everywhere. As many current investors are turning to property ownership, it is no longer simply the value of land or assets attached to land. It is also a place to experience life with class service. In addition, they create their own assets and bring about sustainable values.

This resulted in the sale of coastal land as soon as it was sold. For example, Vinpearl Luxury Da Nang, Son Tra Hills Mansion, …

Or Son Tra Ocean View at the opening ceremony on 26/9 at the Metropole Hotel Hanoi. More than 500 customers were invited to join and the product burned in less than two hours.

Representing the investor, Danang Housing Development and Investment Joint Stock Company (NDN). And the distributor of Minh Tran Real Estate must appoint customers in the opening quarter 4 and  they will try to provide more products.

Son Tra Ocean View project fire in the last sale in just over 2 hours launched

The explosion of large-scale and large-scale coastal projects is underway. It is possible to spot some of them like:

Son Tra Ocean Park (Son Tra Ocean Park) in Son Tra peninsula (in Tho Quang ward, Son Tra district); scale of 100 ha has been approved by Danang People’s Committee in detail in Decision 8577 / QD-UBND dated December 09, 2013 by Sun Group as the investor. The project has five subdivisions, including entertainment complex, commercial, restaurant, shop and pedestrian street. Especially, in Son Tra Ocean Park will have cable car to take visitors straight from the marina to Son Tra Mountain. According to the Sun Group, Ocean Park has a total investment capital of $ 300 million. The project is expected to commence in the second quarter of 2016 and be completed within 48 months.

Da Phuoc International Airport is invested by Daewon Cantavil Co., Ltd. – Korea. It is a 204ha resort, including 18-hole resorts, golf courses, international standard hotels, luxury apartments, condominiums 33 floors with 8,500 apartments, international schools, sea clubs, marinas, beach walks for visitors, townhouses, villas, office buildings, 60 floors international conference hall.

Vincom Center Danang is located at the intersection of Ngo Quyen and Pham Van Dong, Son Tra district opened in early June 2015.

“The whole world turns to Da Nang” when:

The 2015-2016 World Clipper Sailing Cycle Tournament will be held in Da Nang in February 2016. Many Vietnamese, Danang people will be proud to see the image of the sailboat named “Da Nang – Vietnam. “Associated with the Tower Bridge London – the famous symbol of the UK capital. Not only that, on the journey of 40,000 nautical miles around the world for nearly 01 years, Da Nang sailboat will also appear in many other famous destinations such as Rio de Janeiro, which will host the 2016 Summer Olympics; Sydney Opera House, Statue of Liberty, Golden Gate Bridge in New York …

The 2016 Asian Beach Games in Da Nang will host 4,600 coaches and athletes from 45 national and regional sports delegations competing at the Games from Sept 24 to Oct 5 2016

In 2017, Danang was chosen to host APEC’s APEC Summit. (APEC 2017 will have more than 100 conferences, including 20 ministerial-level conferences upward, and lastly a Week The summit brings together senior leaders from 20 member countries, as well as important guests such as the UN Secretary General, in particular the APEC Economic Forum, which has about 1,000 major businesses.

~~>>Update on new information on the real estate news in Vietnam here: Vietnam real estate news

Danang is a big market but it is affected by Hanoi and Ho Chi Minh City

And great opportunity will open up

The price jump of the Danang land market, especially in Son Tra district, is inevitable. As noted, the current market price of land in Da Nang sea compared with the same period last year increased sharply, ranging from 1.5 to 2 times. At Son Tra Ocean View, the land transaction was very successful in the third quarter successfully traded 100 products of commercial townhouses with the price of VND10-12 million / sqm. According to Tran Minh Thoa, Real Estate Director Minh Tran, exclusive partner of this project, Son Tra Ocean View will increase its market supply in the fourth quarter by offering about 40 plots of land. Finally, to keep the commitment to customers in the event  Sept 26past.

Customers who own real estate in Da Nang not only enjoy the benefits of tourism services, also raise the level and pride for homeowners. Owning a coastal real estate in this worth living is the dream of customers in the country.

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