Dong Hoi’s Evolution: From Local Town to Modern City
One of the key factors in Dong Hoi’s rise to international prominence has been its significant infrastructure investments. The local government has invested in constructing and upgrading major transportation projects, including Dong Hoi Airport, the seaport, and high-speed roads connecting neighboring provinces, thereby facilitating easy access to surrounding areas and countries.
Dong Hoi is renowned for its rich cultural heritage and historical sites such as Quang Binh Quan, Dai Giac Pagoda, and traditional craft villages. It also serves as the gateway to Phong Nha-Ke Bang National Park, a UNESCO-recognized World Natural Heritage Site. The development of exploration programs for magnificent caves like Son Doong and Phong Nha has attracted millions of international visitors annually, elevating Dong Hoi’s tourism brand on the global map.
Large-scale artistic programs, held regularly, have transformed Dong Hoi into a leading destination for unique cultural and entertainment activities.
Additionally, Dong Hoi has focused on developing new urban areas such as the Regal Legend township and Phu Hai ward, equipped with modern, internationally-standard amenities. These townships not only cater to the needs of locals but also attract a large number of tourists and investors from around the globe.
Notably, the attraction of significant investors since 2020 has provided a strong impetus, opening up opportunities for Dong Hoi to learn from and apply advanced real estate models and destination development strategies from leading countries.
This has not only enabled Dong Hoi to gain valuable insights but also to formulate a sustainable and long-term development strategy. As a result, Dong Hoi has identified key areas of focus, including a vibrant night-time economy, enhanced cave exploration experiences, and the development of unique, large-scale performance programs.
Regal Legend: Elevating Dong Hoi’s Status on the Global Stage
The city has witnessed the proliferation of luxury resorts, 5-star hotels, and internationally-standard villas and apartments. In tandem, substantial investments in the night-time economy and the integrated development of beach amenities and distinctive pedestrian zones have reshaped Dong Hoi’s landscape.
These projects not only effectively address the shortage of high-quality accommodations and nighttime entertainment options but also offer visitors a luxurious vacation experience, helping them unwind and enjoy a wonderful holiday.
With the robust growth of high-end tourism, Dong Hoi has attracted a significant number of international tourists with high spending power. This has not only contributed to economic growth but has also elevated Dong Hoi’s status on the international stage.
Distinctive artistic programs within the series of entertainment beats offer locals and tourists alike pinnacle artistic experiences from diverse cultures worldwide.
In Dong Hoi, Regal Group pioneered the sea metropolis, Regal Legend, in 2022. Just 2.5 years later, Regal Legend has undergone a spectacular transformation, turning a once-barren land into an iconic, sophisticated destination boasting internationally-standard residences and opulent amenities.
Moreover, Regal Legend is the epicenter of vibrant year-round festivals, ranging from New Year celebrations and entertainment beats to music, culinary, and artistic fireworks festivals, as well as the pioneering water-splashing festival and moto festival. These events offer residents and visitors dynamic and colorful experiences.
Dong Hoi’s inaugural water-splashing festival attracted over 100,000 participants, including locals and tourists.
Moving forward, the developer will inaugurate a host of world-class amenities, offering complimentary access to residents and attractive promotions for locals, such as the Regal Mall shopping center, Regal Kids & Gym sports and children’s club, the Icity – Marriott Bonvoy accommodation chain, a string of restaurants, a pizza brand, all-night bars, and a 24/7 supermarket.
Project details:
Indochine Real Estate Joint Stock Company
Hotline: 0916338136
Address: CT4 Vimeco Tower, Trung Hoa Ward, Nguyen Chanh Street, Cau Giay District, Hanoi
Regal Legend focuses on commercial development in Quang Binh by 2024
With the presence of hundreds of brands, industries each year contributing to meeting the consumer needs, shopping, entertainment for all ages – opening up a highly concentrated and efficient commercial business destination at Regal Legend.
Astonishingly high price for old and dilapidated apartment buildings reaching nearly 200 million VND/m2, rivaling the most luxurious condominiums in Hanoi
Old collective apartments with prices starting from 100 million VND/m2 are usually the first-floor units that can be used for commercial purposes, while the upper-floor units are priced at 60-80 million VND/m2 for residential purposes.
The Power of Lizen: Consistently Winning Massive Bids
Lizen has achieved a significant milestone by successfully deploying and implementing major high-speed construction projects in 2023. The company’s revenue has reached 2,030.5 billion VND, which is twice the amount compared to 2022. However, the post-tax profit has reached its lowest point in the past 6 years, dropping down to only 118.3 billion VND.
In 2023, GELEX earns nearly 1,400 billion VND
In the face of macroeconomic pressures over the past year, GELEX Corporation has implemented flexible strategies to maintain stability and strive for sustainable growth.
