Queens Place - Capital Square Đà Nẵng

Name: Queens Place
Address: VN

💰 3,7 tỷ – 12,5 tỷ📏 90 triệu/m²🏢 265 units

Queens Place — marketed as 'The Queen' — is a 28-storey tower with 265 apartments in Capital Square 2, launched alongside Kings Place as the debut pair for the complex.

Neighborhood

Family Score

Excellent

Leisure Score

Excellent

Convenience

Excellent

Health

Excellent

Transit Access

Good

metro 5.1 km away; nearest station 602 m; bus stop 119 m.

Nightlife

Excellent

Quietness

Below Avg

Domo Scores™

6.9

🏠 Homeowner

Solid

6.9

📈 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

7.3

Legal & delivery

6.1

Location & connectivity

7.6

📈 Investor

Value

6.5

Returns & exit

Legal & delivery

6.1

Location & demand

7.5

Why the scores differ

Homeowner: A solid homeowner pick for buyers who value a genuine urban lifestyle. Vincom Plaza Da Nang is 180m from the lobby, Da Nang's top-ranked public primary school is under 1km, and 199 Hospital is within 800m — a walkable daily-life combination uncommon at this price tier. The trade-off is real: 3,391 units on 6.14 ha at Sơn Trà's noisiest arterial junction, with planned on-site amenities not yet delivered and handover not before Q1 2027.

Investor: The investment case is built on Da Nang's short-term rental market and 1,014 foreign-eligible units — scarce inventory at a Han River address. Airport Terminal 2 expansion to 6 million passengers by May 2027 should support occupancy, but 3,391 units completing simultaneously is a supply overhang that may moderate yields. Pink books are not expected until Q4 2027 — a 6–9 month gap after the Q1 2027 handover that foreign buyers should plan for.

Price & Market

Current Market Price

90 triệu/m²

📉 -29% since launch

Unit price	3,7 tỷ – 12,5 tỷ
Launch price	126 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?

🟢 ~28% cheaper than comparable projects

Project	Price	Distance
Queens Place	90 triệu/m²	—
Capital Square Đà Nẵng	89 triệu/m²	0.1 km
Nobu Residences Da Nang	160 triệu/m²	1.8 km

Should you buy here?

Best for:

✓Urban professionals who value walkable lifestyle, retail, and hospital access from a Han River address
✓Families prioritizing access to Da Nang's top public primary school and a nearby hospital
✓Buyers who accept high ambient noise in exchange for unmatched central city convenience

Not ideal for:

✗Buyers who need quiet residential living — ambient noise is high and inescapable at this intersection
✗Buyers planning immediate move-in — handover is not before Q1 2027

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

Queens 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.