Riding the Wave of Da Nang’s Coastal Property Renaissance Post-Merger

The decision to merge Quang Nam and Da Nang provinces carries significant strategic weight in administrative terms, but it also sparks a new wave of development, particularly for the coastal real estate market stretching from Da Nang to Hoi An.

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Unlocking a New Axis of Development: A Golden Opportunity for Real Estate

The merger of two central localities in Central Vietnam, Quang Nam and Da Nang, opens up a new urban area with a total area of nearly 12,000 km2, a population of over 3 million people, two international airports, and one of the longest coastlines in the country. These ingredients hold the potential for the formation of a “seaside super-city.”

At the seminar “Seaside Apartments on the Da Nang – Hoi An Heritage Axis: The Coordinates of Prosperity Attracting the Elite,” a expert from the Advisory Council for Policies of the Prime Minister and former Director of the Vietnam Institute of Economics, assessed the development chain along the coastal urban area from Da Nang to Hoi An, Tam Ky, and Chu Lai; with the “fishbone” routes from East to West and the connecting urban routes from the West.

The southeast axis of Da Nang, stretching from Son Tra, My Khe, Ngu Hanh Son to the ancient town of Hoi An and the Chu Lai open economic zone, will become the focal point as it serves as a vital transportation link between Da Nang and Quang Nam. This axis is not only a transport artery but also a strategic spatial axis for the overall development of the economy, society, and tourism in general and the marine economy in particular.

Therefore, real estate in this area has a strong potential for breakthrough growth, becoming the new coordinates for investors and elite residents who not only want to own assets with sustainable growth potential but also meet the modern resort lifestyle.

Real estate projects located on this axis, especially those positioned between the two areas along routes such as Truong Sa in Ngu Hanh Son, will become the focal point of connection, attracting residents from both Da Nang and Quang Nam to live and work. In this context, seaside apartments are being positioned as the most prominent segment, leading the new development cycle, especially in projects with transparent legal procedures.

Seaside apartments located on the south axis of Da Nang, such as Newtown Diamond, offer both convenient transportation and breathtaking views.

Newtown Diamond: A Convergence of Elite Connections

Located at the heart of the Truong Sa heritage route, the central connection between Da Nang and Hoi An, just a 5-minute walk from My Khe Beach, and next to Legend Danang Golf Resort – a top 100 golf course in the world according to Golf Digest, Newtown Diamond is a prominent name in the Da Nang real estate market. It boasts several “golden” factors: a rare location, transparent legal procedures, and high-end utilities, making it ideal for both living and sustainable investment.

Comprising three 36-story towers, Newtown Diamond offers flexible apartment sizes, from one to three bedrooms, designed with an elegant and sophisticated style that caters to the needs and personalized tastes of the elite. The internal utility system includes a cloud pool, sky garden, yoga room, children’s playground, gym, and outdoor restaurants and cafes, providing a complete living experience.

At the same time, this is one of the few seaside projects in Da Nang that offers pink books (ownership certificates) for long-term ownership and is allowed to be sold to foreigners – a guarantee of sustainable asset value, giving peace of mind to apartment owners, whether for living or investing in rental business.

Newtown Diamond offers a resort-style living space and strong potential for value appreciation.

With its strategic location, diverse amenities, long-term ownership, potential for value appreciation, and strong business exploitation capabilities, Newtown Diamond is not just an ideal place to live but also a long-term investment asset. As the real estate market enters a recovery cycle, especially in the seaside apartment segment, choosing well-planned projects with solid legal procedures and forward-thinking like Newtown Diamond is considered a wise move to catch the development trend of the area and achieve sustainable and long-term profits.

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