Explore VietnamReal Estate
Explore VietnamVingroup (Vinpearl investor / Vinhomes operator)
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.
Balanced for both end-users and investors.
The strongest branded bet on Đà Nẵng's north coast — Vingroup delivery record plus a peninsula bay-mountain site no competitor can replicate, and the demand signal from Bạch Vân's first batch is as hot as Đà Nẵng has ever seen. Tradeoff is that central amenities (VinWonders, Đảo Ngọc parks, resort cluster) are not live until end-2027, so early buyers pay premium pricing for a site that is still largely a construction zone.
| Project | Price | Distance |
|---|---|---|
| NovaWorld Đà Nẵng | Mid-market, well below Hải Vân Bay primary prices | Smaller Novaland coastal township south of Đà Nẵng — thinner branded amenity set, no on-site Vin ecosystem. |
| Sun Group Hà My – Hội An | Upper-mid coastal pricing, a tier below Hải Vân Bay villas | Sun Group coastal plan south of Đà Nẵng — comparable branded ecosystem but longer run to the airport and no superport catalyst. |
| Vinhomes Royal Island Hải Phòng | Comparable luxury-branded primary pricing | Vinhomes sibling island master plan in Hải Phòng — most useful reference for absorption pace and product-mix reads at Vin scale. |
End-user: Mixed project for owner-occupiers: exceptional Vin ecosystem and bay-mountain setting are offset by premium pricing at a peripheral location, 30-40 min commute via a single Hải Vân corridor, no existing township nearby, and pre-sale delivery with mixed tourism-land ownership in parts of the master plan. Best suited to second-home buyers, not primary residents.
Investor: Credible Vingroup brand with structural demand catalysts (Liên Chiểu superport, free-trade zone, VinWonders), but primary-sales pricing is already positioned at central-Đà Nẵng premium levels, resort-villa resale liquidity in central Vietnam is thin, rental demand is seasonal, and tourism-land ownership on parts of the plan narrows the resale buyer pool.
Pricing is purely primary, set by Vinhomes launch tranches — Bạch Vân opened April 2026 at VND 5.2–10.4 bn for townhouses and VND 9.9–16.8 bn for villas, with the first tranche closing within weeks. Trajectory hinges on whether Đảo Ngọc and Tinh Vân launches can hold or step-up those levels once VinWonders and the resort cluster deliver in late 2027.
| Developer | Vingroup (Vinpearl investor / Vinhomes operator) |
| Completion | 2027 |
| Total Units | 6199 |
| Towers | 15 |
| Launch Date | 2026 |
| Handover | 2027 |
| Construction Permit | approved |
| Pink Book | pending |
| Legal Notes | Master plan 1/500 approved. PM Decision 1432/QĐ-TTg (20 Nov 2024) adjusted the investment profile (512 ha, ~VND 44,000 bn, 5-year build). Groundbreaking held 22 Jun 2025. Đà Nẵng Department of Construction approved 2,437 low-rise units for future-formed housing sales on 24 Jul 2025 and capital-mobilisation eligibility on 27 Jul 2025. Roughly 90% of low-rise product carries long-term residential ownership for Vietnamese buyers; Tinh Vân 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. |
