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DA NANG'S REAL ESTATE MARKET SURGES
A total number of nearly 3,100 hotel rooms were constructed around the city in six months, of which the premium rooms account for the highest proportion of 76%; normal ones with 16% and luxury ones with 9%.
Overall, developments in the hotel apartments and resorts witnessed positive changes in 2015 and in the first half of 2016, said Managing Director of Commercial Real Estate Services (CBRE) Viet Nam Marc Townsend, adding that investors continue offering incentives to encourage fast payment.
Currently, the price of a resort in Da Nang is ranging from US$250,000 to US$2 million.
The real estate market in Da Nang City is full of potentials for outstanding economic growth, the natural environment and institutions.
Source: VGP
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