Batch 4 · Nov 2024
Sun Symphony Residence (approved as Olalani Riverside Towers)
Foreign quota427 apartments + 87 landed houses
Listings available now Project details →
Da Nang · Hoi An · Vietnam
Independent advice on off-plan condominiums, resale apartments, villas and rentals in Da Nang and Hoi An – primary prices from developers, verified legal documents and support from reservation to handover.
Yes. Under the 2023 Housing Law (effective 1 August 2024), foreign individuals legally entering Vietnam can own residential property in commercial housing projects. The key rules:
Apartments (condominiums) and landed houses in commercial housing projects, outside areas restricted for national defence and security.
Foreigners may own up to 30% of the apartments in one building; for landed houses, up to 250 houses in one ward-level area.
Up to 50 years from the date the certificate is issued, and may be extended in accordance with the law. Vietnamese buyers of the same apartment receive long-term (freehold) ownership.
You receive the Certificate of Land Use Rights and Ownership of Houses (the "Pink Book") in your name. You can sell, gift, lease or mortgage the property.
Foreigners cannot directly own land plots (land use rights) – choose apartments or houses within a licensed project instead.
General information, not legal advice. Before you pay a booking deposit, Hiep checks the remaining foreign quota and the project's legal documents.
Da Nang has published these commercial housing projects in which foreign organisations and individuals may own homes (announced in batches under the 2023 Housing Law). The quota is the maximum number of units foreigners may own in each project – not the number still available.
Batch 4 · Nov 2024
Foreign quota427 apartments + 87 landed houses
Listings available now Project details →
Batch 4 · Nov 2024
Foreign quota203 of 679 apartments
Ask for availability Project details →
Batch 4 · Nov 2024
Foreign quota250 of 390 villas
Ask for availability Project details →
Batch 4 · Nov 2024
Foreign quota519 apartments + 250 villas
Listings available now Project details →
Batch 5 · Feb 2025
Foreign quota502 of 1,681 apartments
Listings available now Project details →
Batch 5 · Feb 2025
Foreign quota512 of 1,710 apartments
Listings available now Project details →
Batch 6 · Feb 2026
Foreign quota332 of 1,112 apartments (166 per tower)
Ask for availability Project details →
Batch 7 · 2026
Foreign quotaAs stated in the announcement
Ask for availability
Batch 7 · 2026
Foreign quotaAs stated in the announcement
Listings available now Project details →
Not on the list: Vinhomes Hai Van Bay – the Department of Construction has not approved it for foreign ownership (as of April 2026), whatever some brokers claim.
Source: announcements by the Da Nang People's Committee and Department of Construction, as reported up to October 2026. Before paying a deposit, always confirm the remaining foreign quota with the developer.
Prices are developer list prices for reference (VAT included, before discounts) and change with each sales phase. Ask for the latest price list and available units.
Coming soon
Price on request
Handover: November 2028 (expected)
On sale
Price on request
Handover: Q3 2027 (expected)
On sale
On sale
From VND 4.12 billion
Handover: 28 April 2027 (expected)
On sale
Price on request
Handover: 31 May 2028 (expected)
On sale
Price on request
Handover: 30 June 2027 (expected)
On sale
On sale
From VND 4.8 billion
On sale
From VND 5.3 billion
Handover: Q4 2026 (expected)
On sale
On sale
Price on request
Handover: 31 May 2028 (expected)
Primary price lists, sales policies, payment schedules and early-payment discounts from developers – compared side by side.
Resale apartments with handover completed, plus long-term rentals for living or for your company staff.
Investment approval, 1/500 master plan, construction permit, bank guarantee and the Sale and Purchase Agreement (SPA) – checked before you sign.
Unit inspection at handover, Pink Book procedures, and finding tenants if you buy to let.
Tell Hiep your budget, purpose (live / invest / rent out) and preferred area.
Receive 3–5 suitable units with floor plans, prices and payment schedules.
Visit the show unit and site in person, or by live video call from abroad.
Reserve the unit with a refundable or non-refundable booking deposit, depending on the developer's policy.
Sign the SPA with the developer and pay by instalments through a bank in Vietnam.
Inspect and receive the unit; the developer applies for your ownership certificate.
Hoang Hiep has spent over 15 years in the property market of Da Nang and Central Vietnam, working his way up from team leader and sales manager to trading-floor director, sales director and CEO.
He knows each project, each district and how to match the right property to the right need – for your own home, a holiday home or a rental investment.
“The right need – the right value – the right legal status”
You must have legally entered Vietnam (a valid visa or entry stamp in your passport) at the time of signing. The deposit and paperwork can then be handled remotely with Hiep's support.
Net area (carpet area) is measured inside the walls and is the area written on the Pink Book. Gross area is measured to the wall centre lines, so it is larger – always compare prices on the same basis.
Payments are made in Vietnamese dong by bank transfer to the developer's account under the SPA payment schedule. Keep your bank records for transferring money in and out of Vietnam.
Off-plan projects eligible for sale must have a bank guarantee for buyers' payments. Hiep checks this document for every project he offers.
Hiep replies within the same day via Zalo, phone or your preferred channel.
Prices, policies and legal information are for reference and may change. Please contact Hiep for confirmed details before making a decision.