Explore VietnamReal Estate
Explore VietnamKings Place — marketed as 'The King' — is a 28-storey tower with 265 apartments in Capital Square 2, one of the first two towers launched in the complex. Units from 1-bedroom to 3-bedroom with floor-to-ceiling heights averaging 3.6 m and shophouse levels on the lower floors.
Balanced for both homeowners and investors.
One of the strongest Han River-front bets in Da Nang — the 'city within a city' scale, private marina, and 1,014 foreign-eligible units are hard to match anywhere on the river. Main tradeoff is the busy arterial intersection and a 3,391-unit supply that may moderate rental yields as more towers complete.
Homeowner: A solid homeowner choice for those who want a Han River city-center address with exceptional walkable amenities already in place externally. Vincom Plaza Da Nang is next door, 199 Hospital is 780m away, and the Han River promenade is at the doorstep — hard to replicate in Da Nang. The honest tradeoffs: persistent arterial traffic noise and a dense bar district within 500m make this a genuinely noisy address, a riverfront position that carries moderate typhoon-season flood exposure, and all on-site amenities are still under construction with handover targeted late 2026.
Investor: The investment case is rental-and-appreciation-driven, anchored by Da Nang's sustained tourism demand, My Khe Beach proximity, and 1,014 foreign-eligible units — rare structural advantages on the Han River corridor. Airport Terminal 2 expansion targeting 6 million passengers by May 2027 supports the short-term rental thesis. The main risk to underwrite is scale: 3,391 units phasing into supply across multiple towers means rental competition within the complex itself will intensify as handover progresses; investors should track absorption rather than assume yield from year one.
| Unit price | 3,7 tỷ – 12,5 tỷ |
| Launch price | 90 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Kings Place | 90 triệu/m² | — |
| Capital Square Đà Nẵng | 87 triệu/m² | |
| Nobu Residences Da Nang | 170 triệu/m² | 1.8 km |
Da Nang riverfront apartments have consistently outperformed inland projects over the past cycle; scarce Han River land and sustained tourism-driven demand support a price floor. The combination of phased supply releases and a dedicated foreign-ownership tranche provides a degree of demand segmentation uncommon in the Da Nang market.
| Total Units | 265 |
| Towers | 14 |
| Launch Date | 2023 |
| Handover | 2027-Q1 |
| Construction Permit | Approved |
| Pink Book | Not issued |
| Pink Book % | 0% |
| Legal Notes | Up to 502 units in Capital Square 2 are eligible for foreign ownership under 50-year leasehold terms renewable per Vietnamese law. |
Kings Place, Capital Square 2, Capital Square Đà Nẵng
A mix of urban professionals, overseas Vietnamese investors, and foreign expatriates drawn to the Han River address. The project appeals to both owner-occupiers seeking a prestige city-center lifestyle and investors leveraging Da Nang's active short-term rental market near My Khe Beach.
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