Da Nang real estate market continues to supplement the supply of luxury apartments when the Han River Apartment Complex Project is eligible to sell 941 apartments, while Landmark Da Nang also started construction with nearly 500 apartments.
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| The Han River Apartment Complex project is under construction of the foundation and basement. |
Mr. Tran Van Hoang, Deputy Director of the Department of Construction of Da Nang City, has just signed a notice about future housing in the Han River Apartment Complex Project that is eligible for sale.
According to the Department of Construction, the number of future houses eligible for sale at the Han River Apartment Complex Project invested by Dong Do Group Joint Stock Company is 941 apartments with areas ranging from 45.1 m2 to 264.9 m2, total area of 67,522.8 m2.
The Department of Construction of Da Nang City requires investors to sign contracts for the sale and purchase of future housing in compliance with regulations and meet the conditions prescribed by law on real estate business; in case the investor mortgages part or all of the project or housing and has a need to sell that housing, the investor must release the mortgage of part or all of the project or housing and the land use rights before signing the housing sale and purchase contract with the customer.
“The first payment for the purchase and sale of future housing must not exceed 30% of the contract value (including the deposit), the next payments must be consistent with the construction progress but the total must not exceed 70% of the contract value when the house has not been handed over to the buyer and must not collect more than 95% of the contract value when the buyer has not been granted a certificate of land use rights and ownership of assets attached to the land…”, the Department of Construction of Da Nang City requested.
Dong Do Group Joint Stock Company was recognized as the winner of the auction of land use rights for Lot A2-1, Nai Hien Dong Fishing Village Residential Area (Le Van Duyet Street, Nai Hien Dong Ward, Son Tra District) on August 3, 2020 with the winning bid price of 43.3 million VND/m2 (starting price of over 42.17 million VND/m2, total area of the land is 7,167.5 m2.
According to the first investment registration certificate issued by the Department of Planning and Investment of Da Nang City on January 13, 2022, the Han River Apartment Complex Project has a total of 941 apartments, with a total investment capital of more than 1,324 billion VND.
Currently, the project has the commercial name Peninsula Da Nang, Athena Luxury Investment Company Limited is the project developer, Vietnam Smart City Joint Stock Company (belonging to Dat Xanh Group) is the exclusive distributor. The project's products are luxury apartments (including 28 3-bedroom apartments, 164 1-bedroom apartments, 749 2-bedroom apartments) and shophouses in the podium.
The project's media representative said that currently there are many interested customers, more than 400 customers have expressed interest in registering to buy and preparing to sign a sales contract.
The average selling price is about 53.5 million VND/m2 after deducting the preferential policies of the first opening sale. It is expected that in October, November and December 2024, the investor will have price adjustments every 15 days.
"The investor is promoting construction investment activities, asking for permission to renovate the sidewalk - green landscape", information from the project's media representative.
Previously, in mid-September 2024, Cosmos Housing Joint Stock Company broke ground on the Da Nang Landmark Tower Commercial Center and Apartment Complex Project (commercial name Da Nang Landmark Tower), with a total investment of about 1,600 billion VND. The project has an area of 3,765 m2 and is also located next to the Han River.
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| The Da Nang Highlights Commercial Center and Apartment Complex project is under construction. |
The project has a commercial housing type with 454 apartments, including 446 residential apartments and 8 commercial apartments. The area of each apartment ranges from 56 - 390.5 m2.
According to the August 2024 real estate market bulletin of DKRA, for the apartment segment, the primary market has 14 projects, a supply of 1,258 units, and a consumption rate of 21%. Notably, 100% of the primary supply is in the Da Nang area, while Thua Thien Hue and Quang Nam continue to have a shortage of supply for sale.
Primary sales improved compared to the previous month, recording a 59% increase with about 260 units, most of which were in the next phase of a project in Son Tra district, Da Nang city. The highest primary selling price was in Hai Chau district at VND160 million/m2, followed by Son Tra district at VND118 million/m2…
Source: https://baodautu.vn/batdongsan/da-nang-don-them-941-can-ho-cao-cap-ven-song-han-d227072.html
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