Recently, the People's Committee of Da Nang City signed a decision approving the investment policy and investor for a project with a total investment of more than 1,500 billion VND in Ngu Hanh Son district.
Project location of 2 towers with investment capital of more than 1,500 billion VND in Da Nang
Thursday, March 13, 2025 14:23 PM (GMT+7)
Recently, the People's Committee of Da Nang City signed a decision approving the investment policy and investor for a project with a total investment of more than 1,500 billion VND in Ngu Hanh Son district.
Accordingly, the investor is Regal Group Joint Stock Company (Da Nang) investing in the construction of apartments on land plots C1, C2 in Phu My An urban area (Ngu Hanh Son district, Da Nang), with a land area of 8,874m², total investment capital of more than 1,520 billion VND.
Here the type is commercial housing (commercial apartments) of medium and high class. The total number of products includes 683 apartments including 1, 2 and 3 bedroom apartments.
According to the records, the project implementation area has a prime location. In which, area C1 borders Vu Van Can street to the east and Tran Quoc Vuong street to the west.
The south borders Nguyen Cuu Van street and the north borders Dao Duy Tung street.
Area C2: East borders residential area, west borders Tran Quoc Vuong street, south borders Vung Trung 14 street and north borders Nguyen Cuu Van street.
This land was previously the One River Complex construction project of over 8,800 m2.
The project is identified in the list of locations and areas expected to develop commercial housing in the 2021 - 2025 period, according to the approved housing development plan of Da Nang City.
Regarding implementation progress: the project will start construction in the second quarter of 2025, construction progress of project items from the second quarter of 2025 to the second quarter of 2029 and will be completed and put into use and operational in the fourth quarter of 2029.
According to Regal Group Corporation, the project is being implemented under the name Regal Complex. According to the plan, the investor will start construction in May 2025 and the completion goal is after 3 years of construction.
Regal Complex has a scale of 2 towers 20 floors high, 2 basements, total construction floor area is 101,762 m².
Project perspective. Photo: Investor
Project location. Photo: Google maps
Writing
Source: https://danviet.vn/vi-tri-du-an-2-toa-thap-co-von-dau-tu-hon-1500-ty-dong-o-da-nang-20250313125729314.htm
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