Savills Viet Nam, which is one of the leading real estate service providers in the country, recently revealed the results of its survey of Da Nang’s real estate market over the 2nd quarter of this year.

A villa at the Vinpearl Da Nang Luxury Resort & Villas

The survey showed that the city’s real estate market is maintaining sustainable and stable growth.

During the period, the number of villas and apartments in the city increased by 410 and 575 respectively against the same period last year.

In particular, Ngu Hanh Son and Son Tra districts take the lead in terms of the number of villas and apartments respectively.

There was also a 4% increase in the number of local 3 - 5 star hotels against the same period last year.  Most notably, 3 more hotel projects, with a total of 1,320 rooms, are expected to be put into use before the end of this year.

The city also saw a stable growth in the supply of offices for lease against the same period last year.