Dragon City Park Customers Reap Significant Benefits
After a period of legal procedural delays, the Dragon City Park project in Da Nang has officially received Land Use Rights Certificates (red books) for its customers.
Spanning nearly 70 hectares with a construction density of only 48%, Dragon City Park boasts an investment capital of over 655 billion VND. The project offers 2,544 diverse products, ranging from townhouses and villas to apartments with flexible areas from 85–150m².
According to representatives from the developer SDN, thanks to the coordinated efforts of relevant authorities, all outstanding legal issues have been resolved in compliance with the law. Building on this, Regal Group, the project’s development and distribution partner, has collaborated with the developer to finalize legal procedures and prepare for the transfer of land titles to customers in the near future. Previously, Regal Group proactively allocated over 200 billion VND in financial resources to support and safeguard the interests of affected customers.
Market observations indicate that the value of properties at Dragon City Park has multiplied significantly since the initial purchase by customers. Notably, the developer and Regal Group have not charged additional fees based on the current market value increase.
Specifically, when transferring ownership, customers only need to pay the financial obligation difference arising from the transfer as per state regulations, based on the land price set by the state at the time of the transfer agreement, not the current elevated market price.
This policy is highly regarded for maximizing investor benefits, particularly for early-stage customers who patiently awaited legal completion. It also underscores the legal expertise, responsibility, and reputation of developer SDN and Regal Group in the real estate market.
Dragon City Park Enters a Thriving Urban Development Phase
The mass issuance of land titles at Dragon City Park marks a pivotal moment, signaling the project’s robust return to Da Nang’s real estate race. This milestone not only signifies legal clarity but also ushers in a new era of urban development, with the entire 70-hectare plan set to be activated comprehensively.
Regal Group, the project’s primary distributor, announced that following the completion of land title transfers, Dragon City Park will accelerate its development with the implementation of key components and the establishment of a resident community. Residential systems, commercial streets, apartment buildings, and thousands of completed homes will be constructed, creating a vibrant, modern, and integrated urban area in Da Nang’s northwest region.
Strategically located on Road No. 5, Hai Van Ward, Da Nang City, Dragon City Park sits at the intersection of major transportation routes: Nguyen Tat Thanh Extension, National Highway 1A, and the Da Nang – Quang Ngai Expressway.
From Dragon City Park, residents can easily access key locations: a 3-minute drive to Xuan Thieu tourist beach; 5 minutes to integrated education systems and universities such as Pedagogy and Polytechnic; 8 minutes to Hoa Khanh administrative center, market, and General Hospital; 10 minutes to the city’s central bus station and Hue Intersection Overpass; 20 minutes to Da Nang Airport, Dragon Bridge, and Han River; and 45 minutes to Hoi An Ancient Town.
Amidst the increasing scarcity of prime land in Da Nang’s central and coastal areas, Dragon City Park’s legal resolution and mass land title issuance not only restore the project’s position but also unlock significant growth potential for real estate values from 2026–2030. With its integrated planning, transparent legal framework, and the northwest region’s development momentum, Dragon City Park is poised to become a new growth hub in Da Nang’s real estate market in the coming years.
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