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SUMMARY
A realistic Da Nang condo budget today is roughly VND 2–3 billion at the accessible end, VND 3–5 billion for many good resale apartments, VND 5–8 billion for much of the new premium market, and VND 10 billion or more for serious luxury stock.
The biggest thing to understand is the split between old and new. Established resale buildings can still sit around VND 35–60 million/m², while many serious new launches are closer to VND 70–110 million/m².
Da Nang has added a lot of supply, but it has not added much cheap supply. Most of the recent pipeline is Grade A, Grade B, premium, waterfront or branded stock, so more construction has not translated into a lower citywide entry price.
The headline primary-market average therefore makes the whole city look more expensive than it really is. It is useful for understanding what developers are launching, but much less useful for valuing a ten-year-old resale apartment.
VND 5 billion is a particularly revealing budget. It can still buy a proper two-bedroom in several established buildings, but in a new project charging VND 100–110 million/m² it can shrink toward compact one-bedroom or small two-bedroom territory.
Waterfront location helps, but building age and product quality can matter just as much. An older condo near the beach can still be cheaper than a newer luxury tower several streets inland.
Buyers are still paying premium prices. H1 and Q2 absorption figures show real demand, but sales are concentrated in stronger Grade A and B projects rather than spread evenly across everything developers put on the market.
That concentration makes a broad price collapse less likely than a messy period of incentives and project-by-project discounting. We would expect weaker units to get payment plans, furnishing packages or negotiated discounts before the best projects simply slash headline prices.
Cheap condotels can distort online comparisons badly. Their ownership structure, financing, operating model and resale liquidity are different enough that a low condotel asking price should not be treated as proof that residential condos are equally cheap.
Foreign buyers face one more filter: the cheapest unit online is not always the cheapest unit they can legally buy. Project eligibility and foreign ownership quotas can push overseas buyers toward newer, internationally marketed stock where pricing is already higher.
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How much does a condo cost in Da Nang now?
How much does a condo in Da Nang actually cost now?
A condo in Da Nang currently starts around VND 2–3 billion for smaller or older resale units, while VND 4–8 billion covers much of the market people are realistically looking at today.
The price per square metre is much harder to summarize. Older resale buildings can still appear around VND 35–60 million/m², although the better-established projects increasingly sit above that. Most serious new launches are closer to VND 70–110 million/m², and prime riverfront, beachfront and branded residences can move beyond VND 150 million/m².
CBRE put Da Nang's average primary condo price at about VND 83 million/m² in Q1 2026. CVR Research later calculated an H1 average of about US$3,600/m² across 15 active projects. Both figures point in the same direction: the new-condo market has become expensive.
They tell us much less about resale. FIR House's recent inventory still showed Monarchy around VND 35–45 million/m², Azura around VND 52–65 million/m² and Indochina Riverside around VND 55–70 million/m². Other platforms quote considerably higher asking prices for some buildings, so ranges are more useful here than pretending there is one clean Da Nang average.
| Da Nang condo segment | Rough price now | 60 m² equivalent | 80 m² equivalent | Typical property |
|---|---|---|---|---|
| Value resale | VND 35–50m/m² | VND 2.1–3.0bn | VND 2.8–4.0bn | Older completed projects |
| Better resale | VND 50–75m/m² | VND 3.0–4.5bn | VND 4.0–6.0bn | Established central projects |
| New premium | VND 70–110m/m² | VND 4.2–6.6bn | VND 5.6–8.8bn | Major recent launches |
| Prime luxury | VND 110–150m/m² | VND 6.6–9.0bn | VND 8.8–12.0bn | Top riverfront/beach projects |
| Branded or exceptional | VND 150–200m+/m² | VND 9.0–12.0bn+ | VND 12.0–16.0bn+ | Scarce branded residences |
Why are Da Nang condo prices so confusing right now?
Da Nang condo prices are unusually confusing today because new apartments have become much more expensive at the same time that thousands of premium units have entered the market.
Before 2024, CBRE says Da Nang generally added fewer than 1,000 condos per year. More than 8,000 units launched during 2024 and 2025, taking cumulative stock to roughly 16,000 by Q1 2026.
Yet this wave of construction did not bring a wave of cheap apartments. DKRA found that Grade A and Grade B projects represented about 88% of primary supply and 93% of primary sales in Q2 2026.
The market mix changed very quickly. A city that once had relatively limited condominium supply is now launching thousands of units, but many are aimed at buyers willing to pay VND 80 million, VND 100 million or more per square metre.
The resale side can look completely different. Even sources covering the same building sometimes show wide gaps. FIR House recently put Hiyori Garden Tower around VND 50–60 million/m², while a later OneHousing snapshot showed asking prices around VND 84.6–109.5 million/m². Different units, floors and listing methodologies explain part of that spread. The rest is simply a messy market where a single online asking price should not be treated as the market price.
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How much does a new condo in Da Nang cost now?
A normal new condo in Da Nang now costs roughly VND 70–110 million/m², with the best riverfront and branded projects already well beyond VND 120 million/m².
CBRE's VND 83 million/m² primary average gives us a useful starting point. Avison Young independently estimated the Q1 primary average at US$3,574/m², while CVR put H1 at roughly US$3,600/m².
Individual projects show how quickly the budget rises. Capital Square has been around the VND 90–100 million/m² zone in recent project comparisons. Sun Symphony has been close to VND 100 million/m² or more. Newtown Diamond generally sits lower but can still reach the VND 80–90 million/m² range depending on the unit.
At the luxury end, Nobu Residences has been marketed around VND 144–181 million/m², while some projects such as M Landmark have reached substantially higher levels.
A VND 5 billion budget therefore buys around 62 m² at VND 80 million/m², 50 m² at VND 100 million/m² and only 42 m² at VND 120 million/m². That is a better way to understand today's new-build market than simply calling VND 5 billion a “large” budget.
| Project / segment | Indicative recent level | 50 m² equivalent | 75 m² equivalent | Positioning |
|---|---|---|---|---|
| Lower-priced new stock | ~VND 60–80m/m² | VND 3.0–4.0bn | VND 4.5–6.0bn | Entry premium |
| Capital Square-type stock | ~VND 90–100m/m² | VND 4.5–5.0bn | VND 6.8–7.5bn | Premium |
| Sun Symphony-type stock | ~VND 98–113m/m² | VND 4.9–5.7bn | VND 7.4–8.5bn | Prime premium |
| The Legend City-type stock | ~VND 135–153m/m² | VND 6.8–7.7bn | VND 10.1–11.5bn | Luxury |
| Nobu Residences | ~VND 144–181m/m² | VND 7.2–9.1bn | VND 10.8–13.6bn | Branded luxury |
How much cheaper is a resale condo in Da Nang?
A resale condo in Da Nang can still cost half as much per square metre as a new premium condo nearby.
FIR House's recent inventory gives us a useful picture of the lower end. Monarchy was around VND 35–45 million/m², F.Home around VND 45–55 million, Sam Towers around VND 48–60 million, Azura around VND 52–65 million and Indochina Riverside around VND 55–70 million.
Those figures should be treated as indicative inventory rather than universal transaction prices. Other platforms already show higher asking prices in buildings such as Hiyori, and renovated units with strong views can sit well above a building's cheapest listings.
Still, the gap with new development is too large to ignore. A 70 m² apartment at VND 50 million/m² costs VND 3.5 billion. The same floor area at VND 100 million/m² costs VND 7 billion.
Buyers who are flexible on building age can therefore change their Da Nang budget dramatically without necessarily moving far away.
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Can you still buy a Da Nang condo for under VND 3 billion?
Yes, a sub-VND 3 billion Da Nang condo still exists today, but the choice is mostly smaller resale units and selected entry-level projects.
Monarchy remains one of the clearest examples. Recent inventory put studios of roughly 47–52 m² around VND 1.9–2.3 billion. Smaller units in other mature projects can also fall below VND 3 billion.
There are some new-build exceptions. The latest listings for HIYORI Aqua Tower, for example, showed one-bedroom units starting around VND 2.85 billion. The upper end of the same one-bedroom inventory reached roughly VND 4.6 billion, which shows how much floor, view and unit size can change the price inside one development.
Once we want a conventional two-bedroom in a new riverfront or premium beach-area project, VND 3 billion becomes difficult. The sub-VND 3 billion market is still real, but it is no longer representative of what developers are launching across Da Nang.
What does VND 5 billion buy in Da Nang today?
VND 5 billion buys a strong resale condo in Da Nang today, while the same budget often gets only a compact unit in a newer premium development.
Recent Monarchy inventories have put many two-bedroom units around VND 2.8–3.4 billion. FIR House listed an approximately 80 m² two-bedroom at Azura around VND 4.5 billion. That leaves VND 5 billion buyers with meaningful choice among completed projects.
New projects use the budget much faster. At VND 90 million/m², VND 5 billion covers about 56 m². At VND 110 million/m², it covers around 45 m².
The contrast is pretty stark. VND 5 billion can buy a proper two-bedroom in an established building, yet the same money can be close to one-bedroom territory in a prime new tower.
| Budget | What is realistic in Da Nang now | Typical size / product | Main compromise |
|---|---|---|---|
| VND 2bn | Older studio or small unit | ~40–55 m² | Building age / limited choice |
| VND 3bn | Resale 1BR, some 2BR | ~50–75 m² | Less prime new stock |
| VND 5bn | Good resale 2BR or compact new unit | ~55–90 m² | New premium units are smaller |
| VND 7bn | Strong new 2BR or large resale | ~65–100+ m² | Prime projects still cost more |
| VND 10bn | Premium 2–3BR | ~80–120 m² | Luxury ceiling remains far higher |
| VND 15bn+ | Large prime or branded unit | Highly project-dependent | Luxury pricing |
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How much do one-bedroom and two-bedroom condos cost in Da Nang?
A one-bedroom condo in Da Nang currently needs roughly VND 2.5–5 billion in the mainstream market, while a two-bedroom usually falls around VND 3–8 billion.
At the lower end, Monarchy studios and small units can still start near VND 2 billion. Recent HIYORI Aqua Tower listings put one-bedroom units at roughly VND 2.85–4.58 billion.
Two-bedroom prices open up much more widely. Monarchy has recently appeared around VND 2.8–3.4 billion for roughly 70–89 m². FIR House put an approximately 80 m² Azura two-bedroom near VND 4.5 billion. HIYORI Aqua Tower's current two-bedroom listings were around VND 4.0–5.9 billion.
Once we move to a new project charging VND 100 million/m², a 75 m² two-bedroom reaches VND 7.5 billion before we even consider unusually high floors, better views or luxury branding.
For most buyers, VND 3–5 billion remains the useful range for established one- and two-bedroom stock. Around VND 6–8 billion opens much more of the new premium market.
Which parts of Da Nang have the most expensive condos?
The most expensive Da Nang condos are concentrated around the Han River, prime Sơn Trà and the strongest beach-facing sites, although building quality can matter more than the district name.
Hải Châu has produced some of the city's most expensive urban stock. The Filmore has recently been around VND 100–120 million/m², while exceptional projects can go substantially higher.
Sơn Trà has an even wider spread. Mature buildings may trade below VND 60 million/m², yet the district also contains Nobu Residences, Sun Symphony and other projects selling far above VND 100 million/m².
Ngũ Hành Sơn is increasingly important as well. DKRA found that the area represented roughly 45% of primary apartment supply and 46% of primary sales in Q2 2026. New projects around the beach and emerging residential clusters have pushed parts of the district firmly into premium territory.
District averages only get us so far. Two buildings a few kilometres apart can have completely different prices because one is 10 years old and the other is a new riverfront tower with resort-level amenities.
| Da Nang location | Rough current range | Expensive end | Cheaper end | What drives the spread |
|---|---|---|---|---|
| Hải Châu | ~VND 50–200m+/m² | New luxury riverfront | Older central stock | CBD, river frontage, scarcity |
| Sơn Trà | ~VND 35–180m+/m² | Branded and prime projects | Mature resale buildings | Sea, river, project age |
| Ngũ Hành Sơn | ~VND 50–130m+/m² | New beach/premium projects | Inland or older stock | Beach access, new supply |
| Liên Chiểu | ~VND 35–90m/m² | New infrastructure-led projects | Peripheral stock | Distance and future development |
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How much extra do you pay for a beach or riverfront condo in Da Nang?
A prime Da Nang sea or Han River location can easily add tens of percent to the price, and moving from an older inland building to a new waterfront project can more than double the cost.
We can see that around the Han River. FIR House recently showed Indochina Riverside around VND 55–70 million/m² and Azura around VND 52–65 million/m². Newer riverfront stock such as Sun Ponte and Sun Cosmo has been marketed around VND 95–140 million/m².
The beach market has the same kind of spread. Mường Thanh Sơn Trà can appear around VND 33–42 million/m² despite being close to the sea, while new premium and branded properties in Sơn Trà can exceed VND 100 million/m².
There is no sensible citywide “sea-view premium” of 15% or 20%. Waterfront exposure helps, but age, ownership structure, developer, amenities, floor and view direction can move the price just as much.
A cheap building by the beach can therefore cost less than a luxury tower several streets inland.
Are new Da Nang condo prices still rising despite all the new supply?
Yes, new Da Nang condo prices have stayed high even after supply increased sharply.
More than 8,000 new apartments launched during 2024–2025, according to CBRE, after years when annual launches were generally below 1,000. Yet primary pricing reached about VND 83 million/m² by Q1 2026.
The composition of that supply explains a lot. DKRA's Q2 data showed Grade A and B apartments making up almost nine-tenths of primary inventory. Developers have been adding expensive products much faster than affordable ones.
We should be careful when reading a rising market average. Part of the increase comes from genuinely higher pricing, while part comes from new VND 100 million/m² apartments replacing a market previously dominated by cheaper stock.
For a buyer, the distinction hardly changes the shopping experience: finding a newly launched condo below VND 60 million/m² is much harder these days.
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Are buyers actually paying today's Da Nang condo prices?
Yes, buyers are still absorbing a large amount of new Da Nang condo stock, although demand is heavily concentrated in the better projects.
CVR Research counted 9,157 units across 15 active projects during H1 2026 and 4,701 units sold, equivalent to 51.3% absorption under its methodology.
DKRA found a similar level of activity in Q2, with roughly 2,793 primary transactions from about 5,090 available units. Ngũ Hành Sơn alone accounted for close to half of sales.
These are substantial numbers for a market that had very little new condominium supply only a few years ago. Buyers clearly have not disappeared at VND 80–100 million/m².
They are also being selective. Grade A and Grade B projects captured roughly 93% of primary sales in DKRA's data. Some projects move quickly while weaker locations and older products can sit much longer.
Today's premium prices have real buyer support, but that does not mean every Da Nang developer can charge the same amount just because another project sold well.
Will all the new supply make Da Nang condos cheaper?
More Da Nang condo supply should give buyers better negotiating power, but a broad return to cheap new apartments looks unlikely for now.
Thousands of units are still being completed or developed through projects such as Capital Square, Masteri Rivera, Newtown Diamond, Sun developments and The Meridian. Buyers have far more choice than they had when annual launches were below 1,000 units.
That competition should make it harder for every developer to keep raising prices. We are more likely to see payment incentives, furnishing packages, discounts on weaker units and larger differences between successful and slower projects.
The catch is that much of the pipeline remains premium. Competition between several VND 90–120 million/m² projects does not suddenly create VND 40 million/m² apartments.
For buyers waiting for a major citywide collapse, the current supply pipeline is weak evidence. It gives us a much stronger case for slower price growth and selective deals.
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Are luxury projects making Da Nang's average condo price look too high?
Yes, Da Nang's primary average is being pulled up by a much larger concentration of premium and luxury projects than the city had a few years ago.
Avison Young's project data show just how wide the gap has become. Ori Garden was around US$1,559/m² in its Q1 comparison, while M Landmark was above US$8,000/m². Between them were Sun Cosmo, Sun Symphony, Masteri Rivera, Capital Square and several other projects covering almost every major price level.
Local dong pricing tells the same story. Some established resale stock remains below VND 60 million/m², mainstream new projects often sit around VND 70–110 million/m², and the luxury end stretches beyond VND 150 million/m².
CBRE's VND 83 million/m² primary average is useful for understanding what developers are selling these days. It would be a poor estimate of what every condo owner in Da Nang could sell for.
Anyone shopping the resale market should ignore the citywide primary average until they have compared buildings of roughly the same age and quality.
Is a cheap Da Nang condotel really comparable to a residential condo?
No. A cheap Da Nang condotel should not be used to judge what a normal residential condo costs because the two markets currently behave very differently.
Da Nang accumulated substantial resort-oriented inventory during its earlier tourism boom. Some of those units now appear cheap beside new residential apartments, which can make the overall market look less expensive than it really is.
Liquidity shows the problem quickly. DKRA counted roughly 1,234 condotel units available in Q2 2026 and only one transaction during the quarter. Conventional apartments were recording thousands of primary transactions over the same period.
Ownership rights, operating structure, financing and buyer demand can also differ. A VND 2 billion condotel with weak resale demand is a very different proposition from a VND 2 billion residential apartment in an established building.
When we talk about how much a condo costs in Da Nang, residential apartments give us the cleaner benchmark.
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Do foreign buyers pay more for a condo in Da Nang?
Foreign buyers do not face an official higher Da Nang condo price, but their usable market can be narrower than it is for Vietnamese buyers.
Vietnam's current Housing Law generally allows eligible foreign individuals to own up to 30% of the residential units in one condominium building. Foreign ownership is generally granted for up to 50 years and can be extended once for another period of up to 50 years under the applicable rules.
The commercial price of a unit does not automatically change because the buyer is foreign. The problem appears when a project has already used much of its foreign quota or when the apartment does not have an ownership structure available to foreign purchasers.
That can push overseas buyers toward newer, internationally marketed projects where prices already sit toward the upper end of Da Nang's range.
For a foreign buyer, the cheapest online listing in the city is therefore less useful than the cheapest unit that can actually be purchased with a clear legal structure.
What should a normal buyer budget for a good Da Nang condo now?
A practical budget for a good Da Nang condo today is around VND 3–5 billion for established resale stock and roughly VND 5–8 billion for a newer premium apartment.
Below VND 3 billion, buyers still have genuine options, particularly among small units and older buildings. The choice simply narrows.
Between VND 3 billion and VND 5 billion, the resale market gets much more comfortable. Two-bedroom units appear in established central buildings, and buyers no longer need to chase only the cheapest inventory.
For new developments, VND 5 billion is increasingly an entry budget. A project charging VND 90 million/m² gives that buyer about 56 m². At VND 110 million/m², the same budget falls to around 45 m².
A buyer wanting a new 70–80 m² apartment in a strong project should realistically think closer to VND 6–8 billion. Prime luxury stock can push the budget beyond VND 10 billion very quickly.
| Buyer budget | What it buys reasonably well today | Where the choice is strongest | What becomes difficult |
|---|---|---|---|
| VND 2–3bn | Small resale / selected 1BR | Older completed projects | New premium 2BR |
| VND 3–5bn | Good resale 1–2BR | Established central stock | Prime new large units |
| VND 5–8bn | New premium 1–2BR / large resale | Broadest useful market | Luxury branded stock |
| VND 8–12bn | Strong premium 2–3BR | Riverfront and newer projects | Top branded units |
| VND 12bn+ | Luxury and larger prime units | High-end market | Few budget constraints |
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So how much does a condo in Da Nang cost now?
A realistic Da Nang condo budget today is VND 2–3 billion at the accessible end, VND 3–5 billion for many good resale apartments, VND 5–8 billion for much of the new premium market and VND 10 billion or more for serious luxury stock.
The price-per-square-metre range is just as wide. Older resale apartments can still appear around VND 35–60 million/m², although stronger established projects may already trade higher. New premium developments generally live closer to VND 70–110 million/m². Prime riverfront, beachfront and branded projects can reach VND 120–200 million/m² or more.
The big change in Da Nang these days is how far the new-build market has moved away from older resale stock. Thousands of new apartments have arrived, but most are premium products. Buyers can still find VND 2–4 billion homes in completed buildings while a similar-sized apartment in a new prime project costs twice as much.
If we need one number for the current new-condo market, roughly VND 80–100 million/m² is the most useful shorthand. For the whole Da Nang condo market, one number would hide more than it explains.
OUR METHODOLOGY
This analysis asks how much a condo in Da Nang costs today without forcing a market with huge price dispersion into one misleading average. We separate primary and resale apartments, compare different buyer budgets and unit sizes, and then test those price ranges against supply, absorption, project positioning, waterfront exposure, condotels and foreign-buyer accessibility.
We prioritized the freshest market-wide evidence available. CBRE Vietnam was used for the recent primary-market price benchmark, the sharp increase in launches during 2024–2025 and cumulative condominium supply. CVR Research was used as an independent H1 2026 check on active projects, units sold, absorption and the average primary price.
DKRA's Q2 2026 Da Nang research was used to understand the composition of primary supply and sales, especially the unusually high share of Grade A and Grade B apartments, the concentration of transactions in Ngũ Hành Sơn and the very weak condotel transaction count.
Avison Young's Q1 2026 market comparison provided another independent primary-price benchmark and a useful project-level spread from lower-priced developments to the most expensive luxury stock. We used that project dispersion to avoid treating the citywide primary average as a resale-market valuation.
For completed buildings and resale ranges, we used FIR House's recent Da Nang inventory and cross-checked selected projects against OneHousing. When sources covering the same building produced different asking-price ranges, we kept the range visible instead of forcing an artificial single price.
Project and legal details were checked against first-hand sources where possible. These included official project sites for Masteri Rivera Danang, Sun Symphony Residence, Nobu Danang and HIYORI Aqua Tower, as well as Da Nang City Government material on project eligibility and residential stock available to foreign buyers.
Foreign ownership rules were anchored to Vietnam's Housing Law rather than brokerage commentary. In practical terms, we distinguish the commercial asking price from the narrower set of units that an eligible foreign buyer can actually purchase within project and building-level ownership limits.
The budget examples are simple price-per-square-metre conversions designed to show what the market means in practice. They are not appraisals of individual units and do not adjust for floor, view, fit-out, parking, furnishing, payment schedules or negotiated discounts.
Key sources used for this analysis include: CBRE Vietnam on the Da Nang condominium market, CVR Research & Advisory's H1 2026 Da Nang report, DKRA Group's Da Nang market research, Avison Young Vietnam's Q1 2026 market report, FIR House's July 2026 Da Nang apartment inventory, OneHousing's Hiyori Garden Tower snapshot, Vietnam's Housing Law in the Ministry of Justice legal database, Da Nang City Government on projects permitting foreign ownership, Masterise Homes on Masteri Rivera Danang, Sun Property on Sun Symphony Residence, Nobu Danang Residences, and HIYORI Aqua Tower's official project site.
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