From October 8-10, the Da Nang Department of Construction addressed public concerns regarding overcrowding during the submission of applications for social housing units at the Bau Tram Lakeside project (Hai Van Ward).
Previously, residents reported that the application area was frequently overwhelmed, with only 1-2 security guards present, raising concerns about security and fairness.
The Department of Construction clarified that the responsibility for application processing lies with Saigon – Da Nang Investment Joint Stock Company, the project’s developer. The department has mandated the company to disclose procedures, enhance security personnel, and deploy officials for on-site supervision.
Hai Van Ward deployed additional personnel to maintain order at the social housing application area for Bau Tram Lakeside.
According to regulations, application numbers are solely for processing order and do not determine housing selection priority. Each application must have a single authorized representative with complete original documents. Disruptive behavior or false declarations will result in penalties.
The developer plans to process approximately 90 applications daily. This phase offers 305 units priced between 700 million and 1 billion VND, attracting a large workforce due to its proximity to industrial zones.
Earlier, Nguoi Lao Dong Newspaper reported that on October 7, hundreds lined up, some overnight, to submit applications at Bau Tram Lakeside. Hai Van Ward authorities deployed additional forces to ensure security and order.
Da Nang Real Estate Leads Central Vietnam’s Price Surge as Hanoi Buyers Show Strong Interest
Following the merger, the new Da Nang City has emerged as the growth epicenter of Central Vietnam, boasting modern infrastructure, vast land reserves, and a surge in investment capital from Hanoi and Ho Chi Minh City. Real estate prices here have soared by 32% in just the first nine months of the year, marking the highest increase in the region.
Prime Minister Urges Aggressive Implementation of Solutions to Boost Housing Supply and Lower Prices
Prime Minister Pham Minh Chinh has signed Telegram No. 190/CĐ-TTg dated October 7, 2025, urging drastic measures to increase housing supply, reduce property prices, and stabilize the real estate market.
Where Generations Find Harmony at Masteri Riviera Danang
With its intelligent design, breathtaking views, and an exclusive compound featuring 31 world-class amenities, Masteri Rivera Danang creates a harmonious space for multi-generational families. Here, every member finds perfect balance—where nature, urban life, and modern rhythms seamlessly converge.
Da Nang Welcomes IFC Wave: Iconic Real Estate Takes Flight
The establishment of the Da Nang International Financial Center, as outlined in the resolution, has introduced a new paradigm for finance and real estate. Iconic assets along the Han River, coupled with the financial hub and architectural landmarks, will serve as strategic advantages, attracting the elite and redefining the landscape of opportunity.
Unusual Trends Emerging in the Land Plot Market
While land plots in areas like Da Nang, Hai Phong, and Hanoi are experiencing a boom, the markets in Ho Chi Minh City and Binh Duong are only beginning to show signs of recovery. Meanwhile, Ba Ria – Vung Tau remains relatively quiet, with prices dropping by 10% and interest levels decreasing by 13%.
