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0 of 4 delivered
Vingroup (Vinpearl investor / Vinhomes operator)
0 of 4 sub-zones delivered · 4 upcoming 2026–2027
The first Vinhomes-branded coastal resort city in central Vietnam — 512 ha between Hải Vân Pass and Nam Chơn Bay, with an on-site VinWonders, Vinmec, Vinschool, five-star resort cluster and onsen-equipped Japanese villa zone.
Vingroup's 512-hectare coastal resort city at the foot of Hải Vân Pass in Liên Chiểu, Đà Nẵng, overlooking Nam Chơn Bay. Four themed sub-zones (Bạch Vân, Vịnh Mây, Đảo Ngọc, Tinh Vân) deliver roughly 6,200 low-rise units alongside 15 hotel-apartment towers, a 24.8 ha VinWonders theme park, Vinmec clinic, a five-star resort cluster, and a 1.3 km waterfront promenade. Construction density is held to 19.8% across the peninsula between mountain and sea.
Better for long-term living than for investing.
Vinhomes Hải Vân Bay is a long-horizon coastal resort bet — Vingroup's full ecosystem (Vinschool, Vinmec, VinWonders) anchored by confirmed Da Nang FTZ and Liên Chiểu port infrastructure, offset by all-planned amenities, an 18 km commute from central Đà Nẵng, and a 2026–2028 catalyst delivery window.
Homeowner: A compelling coastal resort pick for the right buyer, but not a one-size-fits-all choice. Vinhomes' 512-ha masterplan at 19.8% construction density — with Vinschool, Vinmec clinic, and VinWonders Hải Vân planned on-site — is genuinely distinctive for Đà Nẵng's coastal market. The constraint is that all of it is future-state, and the 18 km commute from central Đà Nẵng via a single coastal corridor is a meaningful friction point for anyone using this as a primary residence. The scores sit in the 'mixed' band not because the project is weak but because it suits a specific buyer profile, not the general homeowner.
Investor: An infrastructure catalyst play anchored by Vietnam's strongest residential developer, but the thesis requires patience. Vingroup's credibility and strong initial absorption (924 Đảo Ngọc reservations in 72 hours before launch) provide floor support; the Da Nang FTZ establishment and Liên Chiểu port groundbreaking validate the long-term demand story. The constraint: no secondary market yet, seasonal-only rental yield until VinWonders opens in Q4 2027, and Tinh Vân resort villas carry 50-year tourism-land terms that narrow the exit pool — investors entering at ~92 M/m² are pricing in catalysts that are 1–2 years from first operation.
| Unit price | 5,2 tỷ – 40 tỷ |
| Launch price | 65 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Vinhomes Hải Vân Bay | 70 triệu/m² | — |
| Shizen Nami | 63 triệu/m² | 4.7 km |
Strong launch absorption and an accelerating Liên Chiểu infrastructure timeline make this a credible long-horizon thesis, but buyers entering at April 2026 pricing (~92 M/m²) are paying for the story, not yet for delivered value.
| Developer | Vingroup (Vinpearl investor / Vinhomes operator) |
| Status | 0 of 4 delivered |
| Completion | 2027 |
| Total Units | 6199 |
| Towers | 15 |
| Launch Date | 2026-04-20 |
| Handover | 2027 |
| Construction Permit | Approved |
| Pink Book | pending |
| Legal Notes | Master plan 1/500 approved. PM Decision 1432/QD-TTg (20 Nov 2024) adjusted the investment profile (512 ha, ~VND 44,000 bn, 5-year build). Groundbreaking 22 Jun 2025. Da Nang Department of Construction approved 2,437 low-rise units for future-formed housing sales (24 Jul 2025) and capital-mobilisation eligibility (27 Jul 2025); reaffirmed Apr 2026 as eligible under the 2023 Real Estate Business Law. Dao Ngoc sub-zone launched sales May 5, 2026. Roughly 90% of low-rise product carries long-term residential ownership for Vietnamese buyers; Tinh Van Limited Edition resort villas and other tourism-coded plots fall under 50-year tourism-land terms — verify certificate type per product line before signing. Foreign buyers capped at 50-year leasehold. Pink books pending handover. Da Nang FTZ (PM Decision 1142/QD-TTg) formally established June 22, 2026, covering 1,881 ha across Lien Chieu and Hoa Vang — a positive policy development for the Lien Chieu corridor. Searched Jun 2026: no new construction permits, legal disputes, or pink-book issuances found for the project itself. |
Vinhomes Hải Vân Bay
| CBD (peak) | 37 min |
| CBD (off-peak) | 34 min |
| Airport (peak) | 38 min |
| Airport (off-peak) | 34 min |
Primarily second-home buyers from Hà Nội and HCMC purchasing for seasonal resort use or as a long-horizon investment, drawn by the Vinhomes brand and the Hải Vân Pass coastal setting. A smaller share will be local Đà Nẵng buyers upgrading to a resort villa. The site has no pre-existing township and was developed on a previously uninhabited coastal peninsula, so a permanent year-round population will build gradually as the project delivers and the Liên Chiểu corridor develops.
