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Gotec Land
Only beachfront project in Da Nang with hot mineral spring therapy and dual hotel/residential operator model
Balanced for both end-users and investors.
Unique beachfront mineral spring concept in Da Nang's most promising growth district. Tradeoff: paying upper-mid prices today for a district that won't mature for 5-10 years, from a developer that already missed its deadline by 3 years.
| Project | Price | Distance |
|---|---|---|
| Shizen Nami | 77,5 triệu/m² | 0 km |
| Sun Cosmo Residence (The Panoma) | 65-90M VND/m2 | Son Tra, Han River views, much closer to city center |
| The Sang Residence | 50-56M VND/m2 | Ngu Hanh Son, My Khe Beach, delivered Dec 2025 |
| The Monarchy | 31-35M VND/m2 | Son Tra, Han River, completed — proven livability at half the price |
End-user: Weak for owner-occupiers. Premium pricing in an undeveloped district with limited daily amenities, 13 km from Da Nang center, and a 3-year construction delay. The unique mineral spring concept and beachfront position are attractive but do not compensate for weak surrounding infrastructure, poor school access, and meaningful legal/delivery uncertainty.
Investor: Mixed investment case. Genuine long-term catalysts (Lien Chieu Port, FTZ) but pricing is stretched at 65-90M/m2 — matching Son Tra projects with far better current amenities. No secondary market, 3-year execution delay, and speculative dependence on infrastructure that is 2-5 years away. Only suitable for patient investors with high risk tolerance.
| Unit price | 3,5 tỷ – 13,7 tỷ |
| Launch price | 60 triệu/m² |
Prices rose ~50% from 50M/m2 at 2021 launch to 65-90M/m2 after 2024 rebrand. Real appreciation unclear since no secondary market trades yet. Upside depends on Lien Chieu Port and FTZ — both 2-5 years from operational.
| Developer | Gotec Land |
| Construction | Construction |
| Completion | 2026 |
| Total Units | 487 |
| Towers | 2 |
| Launch Date | 2021 |
| Handover | 2026-Q2 |
| Construction Permit | approved |
| Pink Book | not_issued |
| Legal Notes | Perpetual ownership for Vietnamese nationals, 50-year for foreigners. Approved for pre-sale by Da Nang authorities. Originally planned 2023 handover, delayed to 2026. Building has topped out. VPBank financing up to 70%, 0% interest first 18-24 months. |
Shizen Nami
| CBD (peak) | 25-35 min to Han River area |
| CBD (off-peak) | 15-20 min to Han River area |
| CBD (motorbike) | 20-25 min |
| Airport (peak) | 20-30 min to Da Nang Airport |
| Airport (off-peak) | 15 min to Da Nang Airport |
Mix of resort investors and wellness-focused buyers. Large Hanoi/HCMC investor base seeking Da Nang beachfront assets. Low permanent occupancy expected initially — most units will be rental or vacation use.
Beachfront twin-tower project on Nguyen Tat Thanh coastal road in Lien Chieu District. 487 apartments with hot mineral spring therapy concept, 55m from the beach. Towers operated separately — one hotel-serviced by WorldHotels, one residential by Secondhome. Formerly Asiana Da Nang, rebranded to Nam O Discovery in 2024.