Real estate projects in Da Nang have primarily focused on the resort segment over the last decade. The city now needs residential urban areas but will not build small, fragmented developments that are difficult to link with infrastructure. Instead, it aims to create large-scale ecological urban areas associated with the conservation of natural landscapes.
Northern Thanh Hoa province is calling for investment in a number of real estate projects, including a new residential area in Ben Sung town in Nhu Thanh district on an area of 66,043 sq m and with a population of 672 people.
The steel price has increased 40 per cent this year compared to 2020, pushing up construction costs by 10 per cent. Many contractors have delayed construction while waiting for prices to fall, to avoid financial damage.
