Establishing an international financial center, Da Nang real estate recorded an unprecedented "shift"

This "change of throne" is not only a geographical shift, but also a reshaping of value, where real estate is not only a place to live or relax, but also a sustainable investment, linked to macroeconomic development.

Lien Chieu - New growth pole of Da Nang

Da Nang has long been known as a vibrant tourist city, where coastal resorts and high-end projects along the Han River create a picture of prosperity. However, with the vision of becoming an international financial center (IFC) and a new generation free trade zone (FTZ), the city is preparing for a historic “great shift”. Investment flows are no longer focused on traditional central areas, but are expanding to a new potential growth pole - the Northwest gateway.

If in the past, Da Nang developed mainly on tourism services, now the Northwest of the city, especially Lien Chieu district, is being planned to become a new growth pole. The choice of Lien Chieu as the center of the free trade zone is not accidental. This area converges three core elements to create a strong growth pole, including: Lien Chieu deep-water seaport, industrial and high-tech zones, and the International Financial Center. 

According to experts, this is a solid tripod, creating momentum for outstanding development. Lien Chieu Port will become the gateway to international trade, the high-tech zone will be a "magnet" attracting talent, and the International Financial Center will be the economic brain of the region. The effect of large-scale planning has created a "breakthrough space" for economic sectors, especially real estate. 

In particular, Lien Chieu is also oriented to become a “miniature Silicon Valley” when gathering high-tech zones and international communities of experts, engineers, and intellectual workers. Modern traffic infrastructure is gradually being completed, creating conditions for this area to become a new economic - commercial - financial center alongside the old central area of ​​Da Nang.

The effects of planning and the reshaping of the real estate market 

The establishment of the International Financial Center along with preferential policies on tax and trade will turn the Northwest into the “golden gateway” of Da Nang. Real estate here is therefore not only a place to live but also a strategic investment channel.

Experts affirm that this shift will reshape the city's real estate map. From focusing mainly on the Han River and My Khe beach areas, investment capital will expand to Lien Chieu - where new development drivers converge, while also bringing a more sustainable price increase margin thanks to synchronous infrastructure, population and economic growth.

However, this rapid development also revealed a bottleneck. Although it is the most densely populated area in Da Nang with nearly 220,000 people, and is expected to welcome tens of thousands of experts and high-quality workers in the near future, the urban appearance and real estate in Lien Chieu have not kept up with the pace. The main housing supply is land and small townhouses. The whole district has only a few apartment projects, lacking well-planned urban areas with synchronized utilities, enough to retain a population that requires a high quality of life.

Faced with the great demand from the natural increase in population and the influx of "brainpower", the development of modern and convenient urban areas has become an inevitable and urgent trend. The scarce supply creates a great opportunity for investors with strategic vision, recognizing the potential of the market that is thirsty for high-quality products. This gap in supply and demand has created a large gap, opening up a golden opportunity for well-planned projects, with the stature of a new symbol of the city.

In that context, the appearance of The Lumia Da Nang Metropolis is considered the solution to the "thirst" for real estate supply in the Northwest region. This project not only provides a living space, but also aims to build a vibrant shopping, living and entertainment destination, helping to complete the unfinished urban picture of Lien Chieu. 

Developed by Saigon Da Nang Investment Joint Stock Company - a member of Kinh Bac Group owned by Mr. Dang Thanh Tam, The Lumia Da Nang project is positioned as the largest living - destination - resort metropolis in the region. In phase 1 of the project, the investor launched a low-rise townhouse fund, located in the bustling center of the urban area with prices starting from only 6x million/m2, promising to bring residential and investment opportunities to customers nationwide. 

With the emergence of large-scale projects such as The Lumia Da Nang, the Northwest area of ​​Da Nang is gradually asserting its position as a new, vibrant and classy center, developing in parallel with the old center, creating a modern and vibrant Da Nang.