Explore VietnamReal Estate
Explore Vietnam
Selling · Handover 2026
9 sail-shaped towers with 90% sea-facing units, operated under Best Western and sharing the only Snow World attraction in coastal central Vietnam.
High-rise condotel subdivision on a 13.27-hectare arc along the peninsula beach, with 9 towers of 26 floors shaped to evoke sailing cruise ships. Marketed under the MerryHome product line with approximately 90% of units facing the sea. Operated with Best Western as hospitality partner and sharing the Snow World attraction, outdoor performance center, and yacht berth.
Better for long-term living than for investing.
Ambitious 656-ha peninsula play with genuine differentiation — golf, marina, canal Bizhouse. Main tradeoff is Quy Nhơn's thin year-round tourism base and Hưng Thịnh's recent cash-flow stress, which make handover timing the key risk for investors.
| Project | Price | Distance |
|---|---|---|
| Marina District | 40 triệu/m² | — |
| NovaWorld Phan Thiết | Mid-market resort pricing | Similar master-planned coastal township concept but in Bình Thuận, closer to HCMC with an operating expressway. |
| FLC Quy Nhơn | Comparable resort-villa pricing in Quy Nhơn | Older integrated resort on the same Nhơn Hội - Phương Mai side, with an operating golf course and hotel but a smaller retail footprint. |
| Blanca City Vũng Tàu | Upper-mid coastal pricing, condotel from ~75M/m² | Sun Group's 96.6-ha Vũng Tàu counterpart — stronger developer balance sheet but smaller land bank and no golf course. |
End-user: Mixed project (5.0–5.9 band). Impressive resort amenities — golf, marina, canal promenade, branded hotels — but the isolated peninsula has no schools, hospitals, or year-round community. Single road access via Thị Nại Bridge and 30–45 min to Quy Nhơn center make daily life impractical. Hưng Thịnh's liquidity stress adds delivery uncertainty. Suitable as a second home, not a primary residence.
Investor: Weak-to-mixed project (5.0–5.9 band). Entry pricing is upper-mid for a location where tourism demand is seasonal and thin. Condotel 50-year ownership limits exit flexibility. Hưng Thịnh's financial stress raises handover risk. Secondary market is unproven for central-Vietnam condotels. The golf/marina/hotel amenity cluster provides some structural demand, but consistent rental yield is speculative at this stage.
| Unit price | 1,25 tỷ – 3,4 tỷ |
| Launch price | 40 triệu/m² |
Pricing has been driven by developer launches rather than resale, with Bizhouse and Marina condotel dominating primary sales. Secondary activity is thin and depends on how fast tourism infrastructure around the peninsula comes online.
| Status | Selling |
| Completion | 2026 |
| Towers | 9 |
| Handover | 2026-Q4 |
| Construction Permit | approved |
| Pink Book | pending |
| Legal Notes | Tourism-land ownership, originally 50 years, extended to 70 years by Bình Định Provincial People's Committee (land lease period 2013-2083). Operated under Best Western hotel management. Red book issuance expected post-handover. Construction permit approved. |
