The driving forces behind urban resort real estate in Da Nang – VnExpress

Around the world, many complexes integrating living, working, resort, and entertainment spaces have become highlights of major cities. In Singapore, Marina Bay Sands brings together a hotel, convention center, casino, The Shoppes mall, ArtScience Museum, and an elevated infinity pool. In Dubai, Downtown Dubai connects luxury apartments, offices, Dubai Mall, Dubai Fountain, and a chain of entertainment amenities. Meanwhile, IconSiam on the banks of the Chao Phraya River in Bangkok integrates luxury apartments, shopping centers, SookSiam food court, a marina, and event spaces.

These projects all appear in areas playing central roles in tourism, commerce, and international trade. Marina Bay has become one of the symbols of Singapore. Downtown Dubai is located in the middle of the financial and tourism center of the Middle East. And the Chao Phraya riverside area has long been a familiar destination for tourists visiting Bangkok.

Marina Bay is one of the famous destinations in Singapore. Photo: Singapore Tourism Board

In Vietnam, Da Nang possesses many similar elements. The city concentrates an ecosystem of sea, river, and mountains along with a tourism service network that has developed over many years.

According to the Da Nang Statistics Office, in the first 5 months of the year, Da Nang welcomed over 7.74 million staying visitors, an increase of over 20% compared to the same period last year. Of which, international visitors reached about 4.18 million, an increase of over 23%. Revenue from accommodation, catering, and travel services is estimated at 27,700 billion VND, an increase of over 19%. Cultural and heritage destinations in the region continue to maintain their attraction, such as the Museum of Cham Sculpture, My Son Sanctuary, and Hoi An…

Besides tourism, the city is expanding its role in the financial and high-tech sectors. According to the plan for the 2026-2030 period, Da Nang aims to develop an additional 5,000 workers in the semiconductor microchip industry and 3,000 workers in artificial intelligence. The demand for accommodation, living environments, and utility systems of this expert group creates additional demand for the housing market.

Da Nang is considered the tourism capital of the Central region, possessing natural landscapes and a developed tourism ecosystem. Photo: M Riverside

Investment activities also recorded many positive signals. As of April 20, Da Nang issued new registration certificates to 2,340 enterprises along with 225 branches and representative offices, with a total registered capital of over 10,479 billion VND. In the same period, the city attracted 237.7 million USD in FDI capital, double that of the same period last year. According to data from the City Statistics Office, the real estate business sector led in total registered capital with 2,467 billion VND.

The increase in the flow of tourists, experts, and investment activities entails a demand for integrated living spaces. Besides location and connectivity, many people are interested in a living environment that can simultaneously meet the needs for working, living, relaxing, and healthcare.

Located on 2/9 Street, near APEC Park, M Riverside DaNang is developed according to the urban resort orientation. The project also connects conveniently to the tourism, commercial, and entertainment centers of Da Nang.

According to the developer, M Riverside DaNang consists of 25 above-ground floors and 3 basement levels, providing 312 long-term ownership commercial apartments. The product structure includes 48 studio apartments, 177 one-bedroom apartments, and 96 two-bedroom apartments, with an area of 35-110 square meters.

Perspective of M Riverside Danang project near the Han River. Photo: M Riverside

The investor develops the project in the direction of Work – Live – Resort. The Work area includes a co-working space and private meeting rooms, serving the flexible working needs of experts, businessmen, and digital workers. The Live area focuses on residential experiences with functionally optimized designs, views of the Han River, and operation management services. Meanwhile, the Resort area adds a chain of amenities such as a swimming pool, gym, spa, rooftop lounge, restaurants, cafes, and a multi-purpose entertainment area.

The combination of workspaces, residences, and resort amenity systems in the same project aims to meet the increasingly diverse needs of the urban resident and expert groups working in Da Nang.

The enterprise representative expects that the growth momentum of tourism, investment capital flows, and the expansion of high-tech and financial industries will create more room for urban resort real estate, while promoting the emergence of integrated development projects in Da Nang.

Contact information Website: Mriverside.vn Hotline: 036 5856678