Handover soon · 2027

Area: Son Tra · Da Nang

Handover soon · 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.

💰 4,9 tỷ – 61,2 tỷ📏 160 triệu/m²🏗️ Handover soon · 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

Da Nang Airport T2 international terminal breaks ground — capacity rising from 4M to 6M passengers, 25M pax target by 2030

Construction · May 2026 · domo.vn

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

Construction · May 2026 · domo.vn

Nobu Residences Da Nang wins Best Branded Residences at 2026 Asia Pacific Property Awards

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 Level 6–6M transfer slab — Gangform system active, on schedule for October 2026 topping-out

Construction · Feb 2026 · nobudanang.vn

Area news

VCRE and Nobu Hospitality to open Nobu Hotel Ho Chi Minh City in 2026 — brand's 40th hotel globally

Market · Dec 2026 · hoteldesigns.net

Neighborhood

Family Score

Good

Family infrastructure is present but limited — the beach park is next door and Ngo Quyen High School, one of Da Nang's leading public secondary schools, is under 1km away, but the project has no on-site school or dedicated children's amenities.

Leisure Score

Excellent

Lifestyle is exceptional here, with one of Da Nang's densest beach dining and leisure corridors immediately outside, and the planned Nobu Restaurant and Tsukimidai Sky Bar within the building adding a further destination tier upon opening.

Convenience

Excellent

Daily convenience is solid, with a WinMart+ supermarket a short walk away and small grocery stores and ATM access within 130m of the building — sufficient for everyday restocking without leaving the immediate area.

Health

Good

Medical access is solid, with 199 Hospital — one of Da Nang's top-ranked hospitals — nearby at just over 1km, and multiple pharmacies within 400m for everyday needs.

Transit Access

Good

Transit access is moderate — the nearest bus stop is about 1.1km north along Vo Nguyen Giap, but Da Nang has no metro and practical daily transport relies on a private vehicle or taxi.

Nightlife

Excellent

Nightlife options are exceptionally strong for a residential beachfront address — a concentration of popular rooftop bars and cocktail venues is within walking distance along the Vo Nguyen Giap beach strip, making this one of Da Nang's most active nocturnal corridors.

Quietness

Below Avg

Quiet evenings are not a feature of this address — the My Khe beach strip is one of Da Nang's most active dining and bar corridors, and the building sits directly on the tourist-facing coastal road with late-night activity close by.

Domo Scores™

6.9

🏠 Homeowner

Solid

6.8

📈 Investor

Solid

Balanced for both homeowners and investors.

The first Nobu Residences in Southeast Asia on Da Nang's most prized beachfront — hotel-grade amenities set a standard no local project matches. The trade-off is paying 2-3× the Da Nang average for hotel-governed, 50-year condotel leasehold ownership on a lively tourist strip rather than a quiet residential neighborhood.

🏠 Homeowner

Value

6.5

Livability

7.2

Legal & delivery

6.1

Location & connectivity

7.6

📈 Investor

Value

6.5

Returns & exit

Legal & delivery

6.1

Location & demand

7.2

Why the scores differ

Homeowner: A compelling second-home but a mixed primary residence. The Nobu-operated stack — beachfront sky pool, wellness floor, signature restaurant on floor 43, private beach club — delivers hotel-standard living with My Khe beach next door and 199 Hospital 1km away. For permanent residents, the hotel-governance model, a zero-quietness beachfront bar strip, no on-site school, and a predominantly transient community work against everyday livability. Entry is 130–165 million VND/m² on a 50-year condotel leasehold with pink book still pending — the homeowner trade-off is unmistakable lifestyle against material ownership constraints and unavoidable noise.

Investor: A yield-led investment backed by the Nobu rental program. The 6% guaranteed return for years 1-2, transitioning to 40% gross revenue share from year 3, is among the more structured rental guarantees in the Da Nang market, anchored by a 186-key Nobu Hotel on the same title. The Son Tra eco-tourism plan caps future supply on the peninsula at 1,600 rooms; the Da Nang FTZ and airport expansion underpin tourism demand. The constraint is exit: the resale buyer pool is narrow (HNW domestic plus foreign-quota holders on 50-year condotel leasehold), the Da Nang branded-residence secondary market is nascent, and single-tower concentration leaves no intra-project diversification.

Price & Market

Current Market Price

160 triệu/m²

📈 +1% since launch

Market range	117 triệu – 240 triệu/m²
Unit price	4,9 tỷ – 61,2 tỷ
Rent	50 triệu/mo
Launch price	159 triệu/m²

Est. Rental Yield1.8%

•🟢 Da Nang Airport T2 international terminal broke ground in May 2026, raising annual capacity from 4M to 6M passengers — stronger air connectivity directly supports the tourism-driven occupancy case for the Nobu rental program.
•🟢 Son Tra peninsula eco-tourism master plan (2026) revokes the 2011 villa development plan and caps future accommodation at 1,600 rooms by 2030 — structurally limiting new supply competing with existing luxury beachfront inventory.
•🟡 Primary asking prices for Sky Villa and 2BR units softened 8-11% in April–June 2026 while 1BR pricing held flat — typical pre-delivery price discovery in a thin luxury market, not a signal of broad market distress.
•🟡 Da Nang Free Trade Zone moved to active implementation in April 2026 (1,881 ha, five zones, boundary confirmed) — a structural economic driver supporting long-term demand for hospitality and premium residential stock.
•🔴 Resale buyer pool is narrow — HNW domestic plus foreign-quota buyers on a 50-year condotel leasehold; the Da Nang branded-residence secondary market is nascent and exit liquidity is unproven pre-delivery.

Last updated: June 2026

Is this a good deal?

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

Should you buy here?

Best for:

✓Second-home buyers wanting branded hotel-level beach living without booking a hotel room
✓HNW buyers from Hanoi or Saigon seeking top-tier amenities and hotel services at a Da Nang beachfront address
✓Foreign buyers using the 50-year quota for a premium Central Vietnam holding

Not ideal for:

✗Families needing a quiet, permanent-resident community with on-site schools and children's amenities
✗Value buyers — pricing is 2-3× the Da Nang beachfront norm
✗Buyers requiring freehold or standard residential pink book — only 50-year condotel leasehold available

Market Trends

Da Nang beachfront luxury is consolidating around a handful of branded operators, with Nobu commanding the top of the premium band and no direct competitor at the same brand tier currently in the city.

Decision Factors

Strengths

✓Private beach club on My Khe frontage — direct walk-to-sand access that most Da Nang condos across Vo Nguyen Giap cannot offer
✓Nobu Hospitality operates both hotel and residences — residents access Nobu Restaurant (floor 43), Tsukimidai Sky Bar, Sky Gym, wellness floor, and heated Katamochi sky pool directly via residential lifts
✓Son Tra peninsula eco-tourism plan (2026) revokes the 2011 villa development scheme and caps future accommodation at 1,600 rooms by 2030 — limiting new supply competing with existing luxury beachfront inventory
✓Won Best Branded Residences at 2026 Asia Pacific Property Awards — independent recognition from a credible industry body while the project is still in construction

Tradeoffs

!Hotel-governance structure — HOA rules favor the operator over residents; owners have limited control over building management, service standards, and shared-facility access
!50-year condotel leasehold with certificates under Decree 10/2023/ND-CP — not a standard residential pink book; ownership clock runs from 2025
!Studios, 1BR, and 2BR units are enrolled in a mandatory 10-year rental program — owners cannot use or rent independently during this period

Watch items

?Condotel certification — certificates will follow Decree 10/2023/ND-CP rather than a standard residential pink book; confirm with the developer what ownership document will be issued and its implications for mortgage financing and future resale
?Rental yield from year 3 onwards reverts to a 40% gross revenue share — actual Nobu Hotel occupancy rates and per-unit revenue are unverified pre-handover; request an independent revenue projection before committing
?Construction progress after January 2026 is not publicly verified — monthly site updates from nobudanang.vn were inaccessible at time of review; confirm current floor count with contractor Newtecons before committing

Unit Types

Studio

0 Beds · 1 Baths · 38.5–43 m²

5,1 tỷ – 5,94 tỷ

130 triệu/m²

Singles & couples

1BR

1 Beds · 1 Baths · 60.4–66 m²

8,2 tỷ – 10,5 tỷ

142 triệu/m²

Singles & couples

2BR

2 Beds · 2 Baths · 101.6–114 m²

16,8 tỷ – 20,4 tỷ

165 triệu/m²

Young families

Sky Villa

3 Beds · 4 Baths · 145–425 m²

43,2 tỷ – 102 tỷ

170 triệu/m²

Growing families

Project Details

Developer	Viet Capital Real Estate (VCRE) / Phoenix Holdings
Status	Handover soon · 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 (land use rights to 2060), 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 active. VCRE contractual rental guarantee: 6% annual yield years 1-2, transitioning to 40% gross revenue share from year 3; mandatory 10-year rental program applies to studios, 1BR, and 2BR units. Note: condotel classification (căn hộ du lịch) means ownership certificates will follow Vietnam Decree 10/2023/ND-CP framework rather than standard residential pink book — buyers should confirm certification type with the developer. Searched June 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

Explore on map

Nobu Residences Da Nang

9 min

Đà Nẵng CBD

14 min

Đà Nẵng Airport

CBD (peak)	10 min
CBD (off-peak)	9 min
Airport (peak)	17 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, HNW owners from Hanoi and Saigon, and long-stay hospitality guests. Permanent-resident density will be low — studios, 1BR, and 2BR units are enrolled in a mandatory 10-year Nobu rental program and will function as serviced rentals 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 - 49,2 tỷ

117 triệu - 195 triệu/m²

0-3 BD · 38.5-425 m²

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 handed over March 2026; Hateco-APM Terminals container terminal construction began April 2026 (2026)
🚧Da Nang Free Trade Zone implementation underway — 1,881 ha across multiple zones, boundary confirmed April 2026 (2026)
🚧Da Nang Airport new cargo terminal breaks ground January 2026 — 100,000 tonnes/year by early 2027 (2027)
🚧Son Tra peninsula pivots from villa development plan to eco-tourism and high-end beach resort master plan (2028)