Kings Place - Capital Square Đà Nẵng

Name: Kings Place
Address: VN

💰 3,7 tỷ – 12,5 tỷ📏 89 triệu/m²🏢 265 units

Kings 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.

Neighborhood

Family Score

Excellent

Leisure Score

Excellent

Convenience

Excellent

Health

Excellent

Transit Access

Good

metro 5.1 km away; nearest station 606 m; bus stop 85 m.

Nightlife

Excellent

Quietness

Below Avg

Domo Scores™

6.8

🏠 Homeowner

Solid

6.7

📈 Investor

Solid

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

Value

6.5

Livability

Legal & delivery

6.1

Location & connectivity

7.6

📈 Investor

Value

6.5

Returns & exit

6.3

Legal & delivery

6.1

Location & demand

7.5

Why the scores differ

Homeowner: A decent riverside choice for homeowners who want a central, walkable address and can wait. Vincom Plaza, a supermarket, 199 Hospital and the Han River embankment are all within walking range, and a central park, retail boulevard and marina are planned. The tradeoffs are very high density, loud traffic at the junction, typhoon-season flood exposure, and a Q1 2027 handover target with pink books not expected before about Q4 2027.

Investor: A tourism-and-foreign-buyer thesis that is still unproven. The 1,014 foreign-eligible units, the My Khe Beach location and the airport expansion support demand, but there is no resale or rental track record yet, asks of roughly VND 85-97M/m² are developer prices only, and 3,391 units will reach the market together. Treat pink-book timing and closed comparables as conditions of buying.

Price & Market

Current Market Price

89 triệu/m²

📉 -26% since launch

Unit price	3,7 tỷ – 12,5 tỷ
Launch price	120 triệu/m²

•🟢 Han River frontage commands a location premium that inland projects cannot replicate — resale pricing historically holds relative to non-river comps in Son Tra
•🟢 1,014 foreign-eligible units is a structural differentiator — very limited competing supply of foreign-legal river-view inventory in Da Nang
•🟡 3,391 units across 14 towers is a large phased release — absorption pace matters; buyers in later towers have benefited from watching early-phase price discovery
•🟡 Short-term rental potential is strong given proximity to My Khe Beach and central Da Nang, but competition from the existing Son Tra supply keeps market yields moderate
•🔴 Riverfront and coastal position in a typhoon-prone zone — Da Nang's flooding history deserves due diligence on podium height and drainage commitments before purchase

Is this a good deal?

🟢 ~27% cheaper than comparable projects

Project	Price	Distance
Kings Place	89 triệu/m²	—
Capital Square Đà Nẵng	89 triệu/m²	0 km
Nobu Residences Da Nang	155 triệu/m²	1.8 km

Should you buy here?

Best for:

✓Homeowners who want a walkable central Da Nang address and can wait for the 2027 handover target
✓Overseas Vietnamese seeking a Han River address
✓Foreign buyers eligible for 50-year leasehold ownership

Not ideal for:

✗Buyers wanting quiet, low-density living
✗Buyers who need a finished home with pink book in hand soon

Market Trends

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.

Pros & Cons

Pros

✓Prime Han River frontage in Sơn Trà
✓1,014 foreign-eligible units — rare in Da Nang
✓Self-contained complex with 88+ on-site amenities
✓Private marina access on the Han River
✓2 km from Da Nang city center

Cons

✗Busy arterial intersection — constant traffic noise
✗High-density complex with 3,391 units
✗Coastal flood exposure in typhoon season

Project Details

Total Units	265
Towers	14

Legal Information

Launch Date	2023
Handover	2027-Q1
Construction Permit	Approved
Pink Book	Not issued
Pink Book %	0%
Legal Notes	Vietnamese citizens receive permanent freehold ownership. Foreign buyers are eligible for 50-year leasehold renewable under Vietnamese law — up to 502 foreign-eligible units in Capital Square 2 (Mega Assets Co., Ltd.) and 512 in Capital Square 3 (SIH Real Estate Co., Ltd.). Both sub-districts approved by Ministry of Defense and Ministry of Public Security for mixed domestic and foreign ownership.

Amenities

👨‍👩‍👧 Family: A 2,200 m² central park (Capital Park) and dedicated children's playground sit at the heart of the complex, providing green relief within the dense urban setting. The project is within 2 km of Da Nang's international schools and the city's general hospital.

🏋️ Fitness: A rooftop infinity pool positioned for unobstructed Han River and Dragon Bridge views, paired with a 500+ m² outdoor pool and a 4-season indoor heated pool for year-round lap swimming. A rooftop yoga terrace with river sightlines, meditation garden, full spa with sauna, and a fully equipped gym complete the wellness offering.

🏖️ Lifestyle: The 22.5m-wide Park Boulevard promenade runs 300m+ through the complex connecting 250 retail shops, a restaurant and café strip, and a night food market. A private Han River marina and riverside promenade extend the lifestyle well beyond the building podium.

🛒 Convenience: The ~7,000 m² Grand Centra commercial tower delivers on-site retail, banking, F&B, and lifestyle services. A smart underground parking system across two basement levels and 24/7 concierge with valet service cover day-to-day resident needs.

🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car ParkingShophouse Street🏍️ Motorbike Parking

Location & Commute

Explore on map

Kings Place, Capital Square Đà Nẵng

🛍️

Mall

Grand Centra

Planned on-site

🛒

Supermarket

Expected daily retail

Expected

🏫

Schools

LEOGO English School - CS2

Nearby

🌳

Park

Capital Park

Planned on-site

Major Roads

Trần Hưng ĐạoNgô QuyềnNguyễn Công Trứ

🔇 High Noise🛣️ Near Highway

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.

Things to consider (not deal breakers)

⚠️ Traffic

The Trần Hưng Đạo – Ngô Quyền – Nguyễn Công Trứ intersection is one of Sơn Trà District's busiest ju...

The Trần Hưng Đạo – Ngô Quyền – Nguyễn Công Trứ intersection is one of Sơn Trà District's busiest junctions. Peak-hour congestion is common, especially on Trần Hưng Đạo heading toward the Han River Bridge and central Da Nang.

→ Multiple access points from Trần Hưng Đạo, Ngô Quyền, and Nguyễn Công Trứ distribute traffic loads. The 300m+ internal Park Boulevard reduces dependence on street-level entry.

🌊 Flood Risk

The project sits on the east bank of the Han River in a low-lying coastal zone. Da Nang experiences ...

The project sits on the east bank of the Han River in a low-lying coastal zone. Da Nang experiences seasonal flooding during typhoon season; the riverfront location carries slightly higher flood exposure than elevated inland sites.

→ Elevated podium design and two-level basement waterproofing systems are part of the flood-mitigation strategy. Proximity to Da Nang's city drainage infrastructure helps divert storm runoff.