DA NANG — New Peaks Real Estate Service Joint-stock Co officially opened its MIINH Premier Business Circle brand in the central city yesterday.

New Peaks, a grade A real estate management firm in Viet Nam, aims to provide a full spectrum of real estate services from serviced offices, office leasing and property manager training to full property management consultancy.

Da Nang is home to many hotels and coastal resorts in Viet Nam, with 14 projects scheduled to be added to the already over saturated market. The central city's apartment projects sold well in the 2008-10 period, with about 180 apartments sold each quarter, but the figure reduced sharply in 2011 and 2012.

The apartment market has seen few sales, with 2,800 units still available. — VNS