Prime Coastal Land in Gia Lai Up for Auction: Current Status Revealed

Nestled along the prime An Dương Vương thoroughfare, a coveted 3-hectare plot has been officially listed for auction by Gia Lai Province’s People’s Committee. This strategic location is earmarked for a transformative mixed-use development, blending high-end residential condominiums with premium tourism services, boasting an investment value exceeding 11.6 trillion VND.

0
88

Formerly the site of Quy Nhon College of Technology, this prime plot is located on An Duong Vuong Street in Quy Nhon Nam Ward (previously part of Nguyen Van Cu Ward, Quy Nhon City).

Dubbed a “golden land” opportunity, this is one of the few remaining large parcels in central Quy Nhon, nestled along the picturesque coastline.

An Duong Vuong Street has become Quy Nhon’s premier tourism corridor, lined with luxury beachfront hotels and high-end residential complexes.

Planned for redevelopment as the Quy Nhon Commercial and Tourism Apartment Complex, this project boasts an estimated investment of over 11.6 trillion VND. The land auction starts at nearly 1.2 trillion VND.

The master plan includes 1.5 hectares for mixed-use residential and commercial space, 6,209 m² of construction area, and a projected 2,704 apartments.

Mixed-use zones include: Tourism-Commercial Zone 1 (8,300 m² with 3,000+ m² construction), Tourism-Commercial Zone 2 (6,600+ m² with 2,600+ m² construction), and a 1,000+ m² parking area.

Quy Nhon College of Technology has announced its relocation to a new campus.

Approved in July 2025 by Gia Lai Province authorities, this 11.6 trillion VND project spans 48 months from land allocation, transforming Quy Nhon’s coastal landscape.

You may also like

The Magic of the Lantern Festival: Illuminating the Night and Welcoming Spring’s Eve

With just two months to go until the Lunar New Year 2025, it’s a bustling time for gardeners in Binh Dinh province’s Tet daisy flower villages as they tend to their flowers, pruning buds and staking plants to ensure a vibrant display for the upcoming holiday season.

The Thrilling Central Avenue Quy Nhon Kickoff: A Catalyst for Binh Dinh Real Estate

On August 20, the Central Avenue Quy Nhon project’s kick-off event, themed “Anh Tai Ky Hoi – One Time, One Meeting,” ignited the city with an electrifying buzz. The event, a vibrant gathering, attracted hundreds of enthusiastic consultants from across Vietnam, signaling a promising stir in Quy Nhon’s real estate market in the days to come.

The Ultimate Seaside Attraction: Binh Dinh’s $300 Billion Vision for a Vibrant Nighttime Economy

The leaders of Binh Dinh Province have approved a proposal for a nightlife entertainment district with an estimated investment of VND 300 billion. The project is envisioned to transform the area along Xuan Dieu Street, hugging the coastline of Quy Nhon City, into a vibrant hub of evening entertainment options.

Q-FAIR 2024: A Valuable Playground for Domestic and International Wood Businesses

The Q-FAIR 2024 International Outdoor Lifestyle Exhibition brings together over 1,000 booths from more than 100 businesses involved in the production of outdoor furniture and modern lifestyle products. With a focus on quality and style, Q-FAIR offers a unique platform to showcase the latest trends and innovations in the industry. From elegant outdoor furniture to state-of-the-art home decor, visitors can explore a wide range of products that cater to their modern living needs. Get inspired and discover the best outdoor living solutions at Q-FAIR 2024, where style meets functionality.