Under construction · Handover 2027

Nobu Residences Da Nang - My Khe, Son Tra

Name: Nobu Residences Da Nang
Address: VN

Viet Capital Real Estate (VCRE) / Phoenix Holdings

The tallest building on Da Nang beach and the first Nobu-branded residences in Southeast Asia.

💰 6,14 tỷ – 102 tỷ📏 170 triệu/m²🏗️ Under construction · Handover 2027🏢 264 units

A 43-floor Nobu-branded mixed-use tower at the Vo Nguyen Giap / Vo Van Kiet corner on My Khe beach, developed by VCRE and operated by Nobu Hospitality. The 186m fan-shaped tower is the tallest on the Da Nang beachfront, with 264 sea-view residences above a 186-key Nobu Hotel. First Nobu Residences in Southeast Asia.

Project news

Son Tra peninsula shifts to eco-tourism master plan — villa development plan revoked, high-end beach resorts prioritised

Construction · May 2026 · domo.vn

Da Nang Free Trade Zone moves to active implementation — 1,881 ha, five zones, boundary confirmed April 2026

Construction · Apr 2026 · domo.vn

Superstructure reaches floors 5-6 — concrete pour underway, schedule on track for Oct 2026 topping out

Construction · Jan 2026 · luxurypropertydanang.com

Neighborhood

Family Score

Good

Family amenities are solid for a beachfront address. Mỹ Khê Beach Park is next door, and two of Da Nang's top-ranked schools — Ngô Quyền High School and Vườn Ươm Trí Tuệ Kindergarten — are under 1 km away.

Leisure Score

Excellent

Lifestyle options are exceptional here. The beachfront strip on Võ Nguyên Giáp hosts a dense concentration of popular restaurants and casual dining venues; in-building, Nobu Restaurant and the Tsukimidai Sky Bar are planned for direct access once the tower is delivered.

Convenience

Excellent

Daily convenience is excellent. WinMart+ is next door, and Vincom Plaza Da Nang is 1.9 km away for larger shopping runs; the beachfront address also has specialty grocers and ATMs within a short walk.

Health

Good

Medical access is strong for a beachfront address. 199 Hospital — one of Da Nang's top-ranked hospitals — is nearby, and multiple pharmacies cluster within 400 m for everyday health needs.

Transit Access

Good

Transit here means local bus — a stop sits directly on Võ Nguyên Giáp outside the building. Da Nang has no metro; residents depend on personal transport or rideshare for city-wide movement.

Nightlife

Excellent

Nightlife access is among the strongest on the Da Nang beachfront. Within walking distance there is a concentration of cocktail bars, rooftop lounges, and nightclubs that makes this strip the city's most active evening destination.

Quietness

Below Avg

Quietness is very low at this address. The building sits on Da Nang's busiest beachfront tourist corridor — Võ Nguyên Giáp — where traffic, dining activity, and nightlife generate sustained ambient noise through evenings and peak tourism periods.

Domo Scores™

6.8

🏠 Homeowner

Solid

6.6

📈 Investor

Solid

Balanced for both homeowners and investors.

The tallest tower on Da Nang's beachfront and the first Nobu Residences in Southeast Asia — a branded hospitality-residence hybrid for buyers who want hotel-level service, private beach access, and a guaranteed yield, not a family apartment. The key tradeoffs are the 50-year leasehold, hotel-controlled governance, a high-noise beachfront environment, and a 2027 delivery horizon.

🏠 Homeowner

Value

6.5

Livability

7.2

Legal & delivery

6.1

Location & connectivity

7.3

📈 Investor

Value

6.5

Returns & exit

6.5

Legal & delivery

6.1

Location & demand

Why the scores differ

Homeowner: A distinctive homeowner proposition with real lifestyle appeal once delivered. Nobu Residences sits on Da Nang's most vibrant beachfront strip, with hotel-grade facilities planned in-building — private beach club, Nobu Restaurant, Wellness Floor, Sky Gym — and the surrounding neighborhood ranks among the city's strongest for dining, medical access, and daily convenience. The core tradeoffs are high ambient noise (Vo Nguyen Giap is a busy tourist corridor), hotel-controlled governance rather than a resident HOA, and a Q3 2027 delivery horizon still ahead.

Investor: The rental case has a concrete floor for years 1-2 (6% VCRE guarantee) but transitions to a 40% gross revenue share from year 3 — a condotel structure where yield depends on Nobu's operational performance, which has no Vietnam track record yet. The buyer pool is deliberately narrow (HNW, leasehold-comfortable, internationally mobile), which limits exit liquidity; no resale market exists ahead of the 2027 handover, and the mandatory 10-year rental program for studios through 2BR ties buyer and operator together for the full duration.

Price & Market

Current Market Price

170 triệu/m²

📈 +7% since launch

Unit price	6,14 tỷ – 102 tỷ
Launch price	159 triệu/m²

•🟢 Da Nang Airport Terminal 1 is expanding to 10 million passengers annually by 2028, broadening the international second-home and branded-residence buyer pool that underpins Nobu's occupancy base.
•🟢 Son Tra peninsula's 2026 planning revision shifts the corridor from villa development toward high-end beach resorts and eco-tourism — reducing future supply competition in the same zone as Nobu Residences.
•🟡 Da Nang Free Trade Zone (boundaries confirmed April 2026) expands the city's HNW and corporate expat base — the professional demand it generates supports the long-stay yield case for the Nobu rental program.
•🟡 Primary pricing spans 130–240M VND/m² depending on unit type, positioning this significantly above the Da Nang mid-market; the peer comparison set is too thin to benchmark value objectively, so buyer due diligence on comparable transactions is warranted.
•🔴 The mandatory 10-year rental program and condotel-style revenue share from year 3 are structural constraints that narrow the resale pool; buyers who need liquidity before the program period ends may find exit harder than for a standard apartment.

Is this a good deal?

Project	Price	Distance
Nobu Residences Da Nang	170 triệu/m²	—
Capital Square Đà Nẵng	87 triệu/m²	1.8 km

Should you buy here?

Best for:

✓Second-home buyers who want hotel-level service and private beach access without managing a standalone villa
✓Buyers comfortable with beach-district noise and a vibrant nightlife environment as part of the lifestyle tradeoff
✓International or Vietnamese diaspora buyers using the 50-year foreign-ownership quota for a branded address

Not ideal for:

✗Permanent-resident families who need quiet surroundings, community neighbors, or a standard residential HOA structure
✗Buyers expecting freehold title or pink-book certainty before committing — title follows handover and hotel-structure processing

Market Trends

Early primary pricing data shows a project-wide range of 130–240M VND/m² with a current indicative median around 185M VND/m²; no resale market has formed ahead of the Q3 2027 handover.

Decision Factors

Strengths

✓First Nobu Residences in Southeast Asia — the brand landmark position provides international marketing reach for both rental occupancy and future resale differentiation
✓Private beach club on the My Khe frontage — direct beachfront access is rare among Da Nang condominiums, where most projects sit across Vo Nguyen Giap sharing the public strip
✓VCRE rental guarantee of 6% annual yield for years 1-2 provides a concrete income floor while Nobu Hotel operations ramp up post-handover
✓Construction on schedule with contractor Newtecons active — basement completed 2025, superstructure progressing toward an October 2026 topping-out target

Tradeoffs

!50-year leasehold — not freehold — limits the domestic buyer pool for resale and requires buyers to factor in tenure renewal risk at the 50-year mark
!Hotel-residence governance: HOA rules are set by Nobu Hospitality, not a resident committee — owners have limited recourse over shared-facility policies, service charges, and operational decisions
!My Khe beachfront is a high-noise environment — Vo Nguyen Giap is Da Nang's busiest coastal tourist corridor with sustained ambient noise from traffic, dining, and nightlife, particularly on peak-season evenings

Watch items

?Mandatory 10-year rental program applies to studios, 1BR, and 2BR units — resale buyers in these types inherit the program obligation, narrowing the exit pool and potentially requiring developer approval for transfers
?Revenue share from year 3 (40% gross) is unverified — Nobu has no operational track record in Vietnam; independently stress-test what occupancy and RevPAR assumptions underpin the developer's income projections before committing
?Pink book issuance is pending post-handover (Q3 2027); confirm the foreign-ownership quota availability and title chain for your specific unit — hotel-residence structures can create complexity at registration for both Vietnamese and foreign buyers

Unit Types

Studio

0 Beds · 1 Baths · 38.5–43 m²

6,14 tỷ – 6,88 tỷ

160 triệu/m²

Singles & couples

1BR

1 Beds · 1 Baths · 60.4–66 m²

9,77 tỷ – 10,67 tỷ

161 triệu/m²

Singles & couples

2BR

2 Beds · 2 Baths · 101.6–114 m²

16,8 tỷ – 23,26 tỷ

180 triệu/m²

Young families

Sky Villa

3 Beds · 4 Baths · 145–425 m²

43 tỷ – 102 tỷ

200 triệu/m²

Growing families

Project Details

Developer	Viet Capital Real Estate (VCRE) / Phoenix Holdings
Status	Under construction · Handover 2027
Total Units	264
Towers	1

Legal Information

Launch Date	2025-03
Handover	2027-Q2
Construction Permit	Approved
Pink Book	pending
Legal Notes	Foreign-ownership units on a 50-year leasehold renewable per Vietnam law. Hotel-residence structure — residential block sits above the Nobu Hotel on the same title, so HOA governance and shared-facility rules lean toward the hotel operator rather than a standard apartment committee. Pink book issuance pending, scheduled to follow Q3 2027 handover. Construction permits approved, contractor Newtecons. Superstructure progressing on schedule as of January 2026: basement completed 2025, concrete poured at floors 5-6 with elevator core formwork to floor 4; topping out targeted October 2026. VCRE contractual rental guarantee: 6% annual yield in years 1-2, transitioning to 40% gross revenue share from year 3, with a 10-year mandatory rental program applying to studios, 1BR and 2BR units. Searched May 2026: no pink book disputes, no permit cancellations, no contractor changes found.

Amenities

👨‍👩‍👧 Family: Not a family-first project — no on-site school, no large park, no kids pool. Expect second-home and long-stay families rather than a permanent-resident community.

🏋️ Fitness: Sky Gym, dedicated wellness & retreat floor, and the Katamochi heated sky pool cover a full hotel-grade fitness stack — plus My Khe beach at the doorstep for open-water swimming.

🏖️ Lifestyle: Nobu Restaurant on the 43rd floor, Tsukimidai rooftop sky bar, Taste of Asia restaurant, lobby lounge, and a beach club put dining and hospitality on-site at Nobu-operator standard.

🛒 Convenience: 24/7 concierge, valet, Nobu-run services, full basement parking, and shuttle transport cover day-to-day logistics. Lotte Mart is 4.5km away for bulk shopping.

🔒 Security🅿️ Car Parking🚌 Shuttle Bus🏍️ Motorbike Parking

Location & Commute

Nobu Residences Da Nang

9 min

Đà Nẵng CBD

14 min

Đà Nẵng Airport

CBD (peak)	9 min
CBD (off-peak)	9 min
Airport (peak)	16 min
Airport (off-peak)	14 min

🚇

Metro

Suoi Tien Terminal Station

778.5km

🛍️

Mall

Vincom Plaza Da Nang

1.9km

🛒

Supermarket

Cửa hàng WinMart+ 64 Tô Hiến Thành

Short walk

🏫

Schools

The St. Nicholas School

9.9km

🏥

Hospitals

199 Hospital

Nearby

🌳

Park

Công viên Bãi biển Mỹ Khê

Next door

Major Roads

Vo Nguyen GiapVo Van KietNgo Quyen

🔇 High Noise🌊 Low Flood🛣️ Not Near Highway

A mix of international second-home buyers, Hanoi and Saigon HNW owners, and long-stay hospitality guests. Expect low permanent-resident density — most units will run as serviced rentals via the Nobu program rather than family homes.

Things to consider (not deal breakers)

⚠️ Traffic

Vo Nguyen Giap gets congested during summer peak tourism. The Son Tra peninsula has one main access ...

Vo Nguyen Giap gets congested during summer peak tourism. The Son Tra peninsula has one main access road, so holiday weekends slow to a crawl.

→ Position residences to exit via Vo Van Kiet inland rather than coastal Vo Nguyen Giap during tourist peaks.

🌊 Flood Risk

Son Tra beach frontage is well above sea-level and has not historically flooded, but central Da Nang...

Son Tra beach frontage is well above sea-level and has not historically flooded, but central Da Nang saw record flooding in 2022 — the coastal strip held up, the inner districts did not.

→ Beachfront elevation and podium design place living floors well above any plausible coastal-surge scenario.

Sub-zones

Nobu Residences Da Nang Apartment

0 listings · 252 units

4,9 tỷ - 61,2 tỷ

117 triệu - 240 triệu/m²

0-3 BD · 38.5-425 m²

Primary-only market with no resale listings yet — 264 units from studios through Sky Villas. Studios are available from approximately 135M VND/m², 1BR around 140M VND/m², 2BR around 180M VND/m², and Sky Villas at up to 240M VND/m². Studios and 1BR units represent the bulk of inventory and carry lower per-square-metre prices than the larger formats.

View details →

Notable Places

Beach Club

Private beach club on the My Khe frontage with cabanas, dining, and residence-guest service. Rare private beach access for a Da Nang residence — most beachfront projects sit across Vo Nguyen Giap and share the public strip.

Katamochi Sky Pool

Heated elevated pool on the upper podium, named after the Katamochi fan-shape motif used across the building. Heating is a meaningful feature in Da Nang where winter sea water is too cold for comfortable swimming, so residents keep pool access year-round.

Nobu Restaurant

Signature Nobu restaurant on the 43rd floor, the same concept run by the brand in London, Los Angeles, and Barcelona. Direct in-building access from the residence lifts is the actual buyer-relevant feature — most Da Nang branded dining requires a taxi.

Sky Gym

Fitness floor placed high in the tower with sea-view glazing, operated as part of the Nobu Hotel's own facility. A working gym with floor-to-ceiling sea views, rather than the ground-floor closet most Da Nang condos provide.

Taste of Asia Restaurant

All-day pan-Asian restaurant on the hotel podium, intended for daily residence dining rather than the destination-tier Nobu floor above. Covers the case where residents want everyday meals without leaving the building.

Tsukimidai Sky Bar

Rooftop bar named after the Japanese moon-viewing platform, placed near the top of the 186m tower. Highest bar on the Da Nang beachfront — the competing sky bars sit on hotels 10-15 floors shorter.

Wellness & Retreat Floor

Dedicated wellness floor with spa treatment rooms, sauna and steam, and a yoga studio, run at Nobu Hotel service standard. Uncommon for a Da Nang residence — most beachfront condos leave spa and wellness to external operators.

Growth Catalysts

✅Lien Chieu Port: shared infrastructure 97% complete, container terminal main works started April 2026 (2026)
🚧Da Nang Free Trade Zone implementation underway — 1,881 ha across five functional zones, boundary confirmed April 2026 (2026)
🚧Son Tra peninsula pivots from villa development plan to eco-tourism and high-end beach resort master plan (2028)
🚀Da Nang Airport Terminal 3 planned post-2030; Terminal 1 expansion to 10M pax underway 2026-2028 (2030)