785 Da Nang sees a boom in high-end riverside apartment projects along the Han River.
After a prolonged period of adjustment, the Da Nang real estate market is showing clear signs of recovery, especially in the area along the Han River. A series of high-end urban and apartment projects along the Han River have been launched, creating a new look for the city center and affirming Da Nang's position as a new growth pole in the Central region. Beyond its valuable scenic beauty, the Han River area is considered a "core" urban development zone, a convergence of rare factors in terms of location, infrastructure, and long-term development potential.
The Han Riverfront Urban Area Experiences a Breakthrough with a Series of Large-Scale Projects
In recent years, the urban landscape of Da Nang has undergone a dramatic transformation as numerous projects along the Han River have been launched or restarted. In the northern part of the Son Tra Peninsula, the Thuan Phuoc new urban area, spanning nearly 100 hectares, is gradually taking shape along the Le Van Duyet axis. The project is envisioned as a new urban center, integrating diverse housing types, villas, shophouses, a high-end commercial and hotel complex, and public service spaces.
Nearby, the Maria Complex is also being redeveloped on approximately 12 hectares of land, featuring a complex of luxury apartments, a hotel, a marina, and iconic riverside structures. The return of this project to the market is considered a positive sign, contributing to the supply of quality housing in the Han River area.
In the central area, Sun Symphony Residence is being developed on an area of approximately 8 hectares, including high-end apartment towers, townhouses, and riverside villas. The project boasts a rare location in the heart of Da Nang, directly connected to major transportation routes and the scenic Han River.
Additionally, The Legend City Da Nang – located at the foot of the Dragon Bridge – is under construction with two 29-story towers, combining luxury apartments and an international standard hotel. These projects not only contribute to refreshing the urban landscape but also elevate the living standards in the Han River waterfront area to a new level.
Scarce supply of riverside properties, ever-increasing demand
According to experts, Han River waterfront real estate is a scarce asset due to natural limitations and strict planning guidelines. The city prioritizes reducing building density, increasing green space and public areas to preserve the riverfront landscape – an element that defines Da Nang's urban identity.
While new supply is increasingly limited, the demand for high-end housing in the city center continues to grow. Buyers seeking a quality living space near the river, the sea, and the city center are looking for it, while investors value the long-term appreciation and retention potential of riverside properties.
Market reality shows that the high-end apartment segment in Da Nang is experiencing positive absorption rates, especially for projects with riverside locations, clear legal status, and reputable developers. The strong increase in demand indicates a return of buyer confidence, particularly as the market enters a recovery phase.
Riverside urban areas along the Han River (Source: Collected.)
Riverside real estate along the Han River and long-term investment advantages)
Compared to many other major cities, the remaining riverside land in the city center of Da Nang is limited. This makes each new project launch particularly attractive to the market. With its scenic advantages, convenient connectivity, and diverse development potential – from residential living and rentals to resort properties – real estate along the Han River is considered a sustainable asset.
Besides scarcity, Da Nang's development as a regional financial, technology, and innovation hub also provides a long-term foundation for the high-end real estate market. As the influx of professionals, entrepreneurs, and high-skilled workers increases, the demand for high-standard housing in the city center will continue to remain high.
An opportunity for investors to capitalize on a new cycle
In the context of limited supply but increasing demand, high-end apartment and urban development projects along the Han River are seen as a rare opportunity for investors to capitalize on the new growth cycle of Da Nang's real estate market.
Analysts believe that projects possessing three key elements—prime riverside location, transparent legal status, and long-term development potential—will continue to be the focus of the market in the coming period. This is not only an investment opportunity but also a high-quality residential choice for customers seeking upscale living spaces in the heart of Vietnam's most livable city.
With a series of ongoing projects, the Han River once again affirms its role as Da Nang's "golden development axis," ushering in a new breakthrough phase for the high-end riverside real estate market in the coming years.