Da Nang Real Estate Briefing - 2026-03-30

Da Nang Real Estate Briefing - 2026-03-30

Da Nang's property market is running hot right now. Revenue from real estate services jumped nearly 37% in the first two months of 2026 compared to the same period last year, apartment sales are up more than tenfold, and the city is leading all of Vietnam in real estate search interest growth. The mood on the ground is optimistic but increasingly selective - buyers are moving with more care than the frothy years past, and the action is concentrating in well-located projects from credible developers.

1. New Project Launches

-Vinhomes Hai Van Bay- The most anticipated new launch right now, Vinhomes' Hai Van Bay project in Da Nang was scheduled to open sales in March 2026. It's the city's highest-profile upcoming launch and investors have been actively exploring it ahead of release.

- Source:Da Nang's real estate revenue increased by nearly 37% in the first two months of 2026

-Masteri Rivera Da Nang- Masterise Homes (the luxury development arm behind Masteri West Heights, Masteri Waterfront, and similar high-end projects in Hanoi and HCMC) has officially launched its first Da Nang project. Masteri Rivera consists of two 40-storey towers in Hai Chau district with 1,196 apartments across 1 - 3 bedroom and Dual Key configurations. the project is listed on Christie's International Real Estate, a rare signal of international luxury positioning for a Da Nang development. Handover is targeted for Q3 2026.

- Source:Masteri Rivera Da Nang - Da Nang Villa Realty

-Thuan Phuoc Bay New Urban Area- Local developer Futa Land / Thuan Phuoc Bay Investment Urban broke ground on a massive 97.6-hectare mixed-use development on the northern tip of the Son Tra peninsula, along the Han River. With a price tag of VND 11.5 trillion (~$460 million), it promises riverside villas, high-rise apartments, 5- and 6-star hotels, a school, a hospital, and a green eco-park. The project is backed by SHB bank.

- Source:Construction started on $460 mln new urban project in Vietnam's central hub Danang

-Other projects in the pipeline- DKRA Group forecasts that supply and liquidity in the land plot segment (which had been sluggish) will improve from March 2026 onwards as major developers begin implementing projects across the city and its newly merged Quang Nam territory.

- Source:Da Nang: Is the supply and liquidity of land plots about to improve?

2. Foreign Buyer Policies

-The current rules remain in place- There have been no dramatic policy shifts in the past week, but it's worth restating the lay of the land as of 2026. Foreigners can own apartments and houses in approved commercial projects on a 50-year leasehold (renewable once for another 50 years - so up to 100 years total). You cannot own land directly. Ownership is capped at 30% of units per building for condos and 250 houses per 10,000-population area for landed property.

- Source:Can Foreigners Buy Property in Vietnam? 2026 Guide - Rumavi

-Overseas Vietnamese now on equal footing- A significant change from the 2024 Land Law that's now firmly in effect: Overseas Vietnamese (Viet Kieu) who still hold a valid Vietnamese passport now have the same rights as domestic citizens. They can hold land use rights directly and are not subject to the 30% foreign quota. If you fall into this category, the market just got considerably more accessible.

- Source:Vietnam Property Foreign Ownership: Last Update (2026) - Bamboo Routes

-Da Nang has 17 approved projectsfor foreign ownership, spread across Hai Chau district (downtown) and Son Tra peninsula. As supply in popular projects tightens, this list is worth watching closely since hitting the 30% quota in a sought-after project happens faster than people expect.

- Source:Construction started on $460 mln new urban project - The Investor

3. Market Trends and Pricing

-Revenue up 37%, apartments flying- Da Nang's real estate business services revenue hit VND 3,132 billion in January - February 2026, up 36.4% year-on-year. Apartments are the main engine: over 1,600 units were sold, a 10.4x improvement versus the same period last year. More than 81% of transactions are concentrating in new projects rather than resales, which tells you buyers right now want fresh inventory with clean title.

- Source:Da Nang's real estate revenue increased by nearly 37% - Vietnam.vn

-Prices rising, especially in apartments- Primary market apartment prices are up 5 - 10% compared to end-2025, with the secondary market also posting gains of 3 - 5%. Ngu Hanh Son ward (the area stretching toward Marble Mountains and Non Nuoc Beach) is the dominant submarket, accounting for about 47% of total primary supply and 67% of all primary transactions.

- Source:Da Nang: Is the supply and liquidity of land plots about to improve? - Vietnam.vn

-Da Nang leads the national interest surge- Across Vietnam, capital is rotating away from already-expensive Hanoi and HCMC toward cities with genuine growth momentum. Da Nang is leading that rotation with a 29% increase in search interest compared to the post-Tet period last year - well ahead of Hue (21%), Bac Ninh (17%), and Khanh Hoa (15%).

- Source:Real estate market at the beginning of 2026: Slight price adjustments and selective trends - Vietnam.vn

-Land plots still sluggish, but thawing- The land plot segment saw primary supply up only 3% year-on-year and absorption of just 3% of available supply. Secondary prices have crept up ~4% since Q4 2025, with gains concentrated in projects with completed infrastructure and clean legal documentation.

- Source:Da Nang: Is the supply and liquidity of land plots about to improve? - Vietnam.vn

-Buyers from Hanoi and HCMC driving demand- According to Ha Nghiem, Director of Batdongsan.com.vn's Da Nang office, most buyers remain local, followed by investors from Hanoi and Ho Chi Minh City. That north-south capital flow is a healthy structural indicator that Da Nang isn't just a local story.

- Source:Da Nang real estate heats up as investors from Hanoi and HCMC pour in - VietnamNet

4. Infrastructure and Development News

-Free Trade Zone (FTZ) moving forward- Da Nang is set to become Vietnam's first city with an official Free Trade Zone, covering nearly 2,350 hectares across 10 locations connected to Lien Chieu Seaport and Da Nang International Airport. Phase 1 targets approximately $1.5 billion in total investment inside the FTZ by end-2029. A key near-term milestone: selection of a strategic investor for FTZ infrastructure before end of 2026.

- Source:Danang poised for development upswing with free trade zone model - VIR

-Lien Chieu Deep Seaport- Site clearance for the new deep-water port is being pushed hard, with completion targeted at several locations before end of 2026. The port is designed to receive ships of 100,000 deadweight tonnage or larger and will anchor the FTZ logistics infrastructure. Real estate in northwest Da Nang - the Lien Chieu corridor - is directly in the path of this development.

- Source:Danang poised for development upswing with free trade zone model - VIR

-Airport expansion- Da Nang International Airport is targeting a capacity of 28 million passengers and 200,000 tonnes of cargo per year by 2030, roughly doubling current capacity. Sun Group has been approved to build a new $145 million civilian terminal.

- Source:Da Nang Real Estate in 2025 - 2026: Inside the infrastructure boom - MVP Vietnam

-Quang Nam merger advantage- After the administrative merger with Quang Nam province, Da Nang now commands over 215 km of coastline - the longest of any Vietnamese city. This creates an unbroken coastal development corridor from Da Nang through Hoi An, opening up enormous land area for integrated resort and residential projects.

- Source:Da Nang real estate heats up as investors from Hanoi and HCMC pour in - VietnamNet

5. Notable Developer Activity

-Vinhomes- Their Hai Van Bay project is the most closely watched launch of early 2026. Scheduled to open sales in March 2026.

- Source:Da Nang: Is the supply and liquidity of land plots about to improve? - Vietnam.vn

-Masterise Homes- Making their Da Nang debut with Masteri Rivera in Hai Chau district. The Christie's International Real Estate listing signals they're targeting international buyers aggressively. Expected Q3 2026 handover.

- Source:Masteri Rivera Da Nang - Da Nang Villa Realty

-Futa Land / Thuan Phuoc Bay Investment Urban- The most ambitious new urban development currently under construction. The Thuan Phuoc Bay project's scale (97.6 ha, $460M) and Han River location give it landmark potential. Backed by SHB bank.

- Source:Construction started on $460 mln new urban project - The Investor

-Sun Group- Approved to build a $145 million civilian terminal at Da Nang International Airport, deepening their infrastructure presence alongside their existing resort and tourism real estate portfolio.

- Source:Da Nang Real Estate in 2025 - 2026: Inside the infrastructure boom - MVP Vietnam

-DKRA Group- The research firm producing the most granular supply/demand data for Da Nang right now. Their March 2026 report is the source of the apartment absorption and land plot liquidity figures cited above.

- Source:Da Nang: Is the supply and liquidity of land plots about to improve? - Vietnam.vn