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Handover soon · 2027
Viet Capital Real Estate (VCRE) / Phoenix Holdings
The tallest building on Da Nang beach and the first Nobu-branded residences in Southeast Asia.
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.
Balanced for both homeowners and investors.
A branded, hotel-run My Khe beach residence with a private beach club and walkable dining, aimed at second-home buyers and investors who accept Nobu's managed rental program. The tradeoffs are a typical price near 155M/m², a tower still under construction with the pink book pending until after handover, and high noise.
Homeowner: A distinctive second-home choice rather than a family home. Nobu Residences offers a beachfront address on My Khe with hotel-run services and dining, bars and a beach park within walking distance, but the tower is still under construction, the pink book is pending until after handover, noise is high, and prices sit well above the Da Nang norm.
Investor: A branded-hospitality thesis that is promising but unproven. Nobu's rental program offers a 6% guarantee for two years then a 40% revenue share, and Son Tra's 1,600-room cap limits new beachfront supply, but there is no operating history, rent evidence is thin, the leasehold and post-handover certification narrow the exit, and the entry price of roughly 130-165M/m² leaves little room for error.
| Unit price | 4,9 tỷ – 49,2 tỷ |
| Rent | 50 triệu/mo |
| Launch price | 159 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Nobu Residences Da Nang | 155 triệu/m² | — |
| Capital Square Đà Nẵng | 89 triệu/m² | 1.8 km |
Primary asks hold near 130-165M/m² for studio to 2BR (typical about 155M/m² project-wide), with only 3BR dual-key and sky-villa types softer in June 2026 and no evidence of a broader re-rating.
| Developer | Viet Capital Real Estate (VCRE) / Phoenix Holdings |
| Status | Handover soon · 2027 |
| Total Units | 264 |
| Towers | 1 |
| 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 leans toward the hotel operator. Pink book issuance pending; scheduled to follow Q3 2027 handover. Construction permits approved; contractor Newtecons active. VCRE rental guarantee: 6% annual yield years 1-2, then 40% gross revenue share from year 3; mandatory 10-year rental program for studios, 1BR, 2BR. Condotel classification means certificates follow Decree 10/2023/ND-CP rather than a standard residential pink book — buyers should confirm certification type with the developer. Searched October 2026: no pink book disputes, permit cancellations or contractor changes found. |
Nobu Residences Da Nang
| CBD (peak) | 10 min |
| CBD (off-peak) | 10 min |
| Airport (peak) | 16 min |
| Airport (off-peak) | 16 min |
A mix of international second-home buyers, Hanoi and Saigon HNW owners, and long-stay hospitality guests. Expect low permanent-resident density, as most units will run as serviced rentals via the Nobu program rather than family homes.
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