Da Nang’s Condo Market in 2025: Vietnam’s Coastal Powerhouse

In 2025, Da Nang’s stunning coastline and tourism boom drive a thriving condo market, with 15–20% price growth, 5–8% rental yields, and $5 billion in infrastructure fueling demand. With 10 million visitors and a $3 billion condo sector, Da Nang surpasses Vietnam’s 10–15% property growth average. Yet, limited supply and foreign ownership caps demand careful strategy.

The Market’s Momentum

Da Nang’s economy thrives on tourism, tech, and expats, with 10 million visitors projected for 2025. Condos in My Khe and Son Tra, priced at $120,000–$180,000 (50–60 sqm), yield 5–8%, driven by 50% Airbnb occupancy and $90–$130 daily rates. Beachfront units reach $250,000 at $2,500/sqm, up 5% QoQ. Q1 2025 saw 3,500 units sold, valued at $500 million (24,000 VND = 1 USD). An 8% unsold inventory rate signals robust demand but risks oversupply in suburban Furama.

“Da Nang’s condo market is a coastal gem,” says Tran Thi Linh, a Da Nang-based property agent with 10 years of experience. “Its 2025 growth is unmatched, thanks to tourism and metro plans.”

Q1 2025 Market Snapshot

Metric	Value
Median Condo Sale Price	VND 4.2 billion (~$175,000 USD)
Median Luxury Condo Sale Price	VND 9.6 billion (~$400,000 USD)
Median House Sale Price	VND 10.8 billion (~$450,000 USD)
Median Luxury Villa Sale Price	VND 24 billion (~$1,000,000 USD)
Tourist Visitors (2025 Projection)	6.5 million
Unsold Condo Inventory	9%
Annual Price Growth	10–12%

Infrastructure Fueling Growth

Vietnam’s $5 billion investment in Da Nang’s 2025 infrastructure enhances its condo appeal. The Da Nang–Hoi An Metro ($1.5 billion) and Lien Chieu Port ($1 billion) improve connectivity, lifting My Khe property values by 5–10%. Da Nang International Airport’s $1 billion upgrade targets 20 million passengers by 2030, boosting Son Tra rentals. Road expansions ($1.5 billion) ease suburban access, though high-rise restrictions spark debate.

Investment Dynamics

From 2020 to 2025, $0.8 billion flowed into Da Nang’s condo sector: 65% ($0.52 billion) for residential, 25% ($0.2 billion) for hospitality, and 10% ($0.08 billion) for commercial. Foreign buyers, mainly Koreans and Singaporeans, drove 40% of 2023 purchases, targeting projects like À La Carte Da Nang ($160,000–$330,000). The chart below tracks condo prices, foreign buyer share, and price/sqm.

Why Da Nang Stands Out

Da Nang’s condo yields (5–8%) and growth (15–20%) outshine Vietnam’s 10–15% average, with tourism shielding investors from global rate hikes. Foreign buyers, limited to 30% of units, target projects like Sun Group’s Sun Cosmo, drawn by Da Nang’s coastal allure and vibrant lifestyle.

Navigating Challenges and How to Ride the Wave

Da Nang’s market shines, but an 8% unsold inventory risks price softening if tourism dips. Supply constraints (2,000 new units) may boost prices, favoring projects like À La Carte Da Nang. Investors should target My Khe and Son Tra, where metro plans drive growth, and engage local agents to navigate ownership laws.

Da Nang’s $3 billion condo market, backed by $5 billion in infrastructure, is a cornerstone of Vietnam’s $53.75 billion real estate sector in 2025. “Focus on beachfront projects for strong returns,” advises Linh.

_{Disclaimer: Some of the property price data is sourced from various international real estate business 2025 property reports. Although we have undertaken detailed analysis, prices are estimates and may vary by project. Always consult a legal advisor before investing and partner with a reputable real estate agent or agency.}