Da Nang Announces 9 Real Estate Brokerage Firms Following Price Manipulation Crackdown

Before commencing operations, real estate brokerage, consulting, and management businesses are required to submit their company information to the Department of Construction. This submission ensures their details are published on the Housing and Real Estate Market Information System.

0
32

On October 15, the Da Nang Department of Construction announced the list of real estate service businesses and real estate trading floors operating in the city.

According to the Department of Construction, starting August 1, 2024, the Law on Real Estate Business No. 29/2023/QH15 and Decree No. 96/2024/NĐ-CP dated July 24, 2024, issued by the Government, detailing certain provisions of the Law on Real Estate Business, came into effect.

Under these regulations, before commencing operations, businesses providing brokerage, consulting, and property management services must submit their company information to the Department of Construction in the province where they are established. This information will then be published on the housing and real estate market information system. Similarly, real estate trading floors must submit their application dossiers to the Department of Construction in the province where their headquarters are located to obtain an operating license.

Real estate trading services are sprouting up across various projects in Da Nang. Photo: Thanh Hiền.

Currently, Da Nang is home to 9 businesses offering brokerage, consulting, and property management services, including: SCD Real Estate Group Joint Stock Company (6 Xô Viết Nghệ Tĩnh Street, Hòa Cường Ward), Vinh Khang Real Estate Business and Services LLC (35 Trường Sa Street, Ngũ Hành Sơn Ward), Bien Dong Phuong Villa and Hotel Joint Stock Company (Trường Sa Street, Ngũ Hành Sơn Ward), Cen Central Joint Stock Company (220 Nguyễn Hữu Thọ, Hòa Cường Ward), Cat Viet Rong LLC (333 Chương Dương, Ngũ Hành Sơn Ward), DKRA VIRGO Joint Stock Company (709 Nguyễn Tất Thành, Thanh Khê Ward), LandCorp Property Vietnam LLC (Pvcombank Building, 30-4 Street, Hòa Cường Ward), TaTi Real Estate Investment Joint Stock Company (Nguyễn Phước Lan Street, Hòa Xuân Ward), and Nam Trung Real Estate Joint Stock Company (41 Trần Đại Nghĩa, Ngũ Hành Sơn Ward).

As for real estate trading floors, the updated data still shows 0.

Previously, the Da Nang People’s Committee issued a document instructing relevant departments and localities to inspect, review, rectify, and address issues related to price manipulation and real estate speculation. This includes managing land use to promptly prevent, rectify, and severely penalize violations of the law, particularly acts of exploiting land use auctions to manipulate prices, inflate values for profit, and disrupt the real estate market.

Thanh Hiền

– 10:34 15/10/2025

You may also like

Coteccons (CTD) Plans to Raise VND 1.4 Trillion Through “Triple-Zero” Bonds

Coteccons (CTD) is set to issue up to VND 1.4 trillion in bonds with a 3-year term and an annual interest rate of approximately 9%. Notably, these bonds are of the “triple no” type: non-convertible, without warrants, and unsecured.

Hodeco Secures Significant Profits Despite Real Estate Revenue Shortfall Through Strategic Sale of Affiliated Company Equity

Amidst a staggering 87% decline in real estate revenue, Hodeco has defied the odds by reporting record profits, attributed to the strategic sale of shares in Ocean Entertainment Construction Investment Corporation Vung Tau.

North Ninh Emerges as the New Investment Hub for Northern Vietnam’s Real Estate Post-Merger

On the morning of October 16th in Hanoi, Vietnam Real Estate E-Magazine, in collaboration with the Vietnam Real Estate Research Institute, hosted a seminar titled “The Golden Opportunity of Bac Ninh Real Estate Following the Expansion of Development Space.”

Văn Phú Expands Development into Southern Market

The Southern real estate market, centered around the emerging Ho Chi Minh City, is witnessing a significant investment surge from leading property developers. This wave of interest has sparked a multitude of large-scale projects, poised to transform the urban landscape dramatically.