Customers asks information of the Nam Tran Central Park project, a terraced house and township, in the central Da Nang city. Over 320 land plots are offered a price of VND768 million (US$36,000) for a 91.5sq.m land plot.— VNS Photo

DA NANG (Biz Hub) — The Central Green Land joint stock company has launched the sale of units in Nam Tran Central Park, a terraced home and township project.

A 91.5sq.m land plot in Nam Tran Central Park is priced at VND768 million (US$36,000). The 53ha project in Lien Chieu district in the central city offers more than 320 houses in the busy living quarter located near Thanh Khe beach.

The houses and township, surrounded by the Dien Bien Phu and Ton Duc Thang main roads, are part of the city's northwest expansion and development, with key roads and urban areas connecting Thua Thien-Hue and Quang Nam provinces and industrial parks.

It's the second township project that the company has constructed in Da Nang, after the Ngo Quyen Trade Centre in Son Tra peninsula opened last year.

Central Green Land and the Dat Quang Group jointly developed the 15.5ha Green City project, worth US$8.6 million, last year.

According to a report from Savills Viet Nam, a property consultancy firm, Da Nang's property market grew 12 per cent last month.

Savills Viet Nam said Da Nang property developers plan to focus on coastal resort projects in the future. It said the central city has seen rapid urbanisation, attracting a large labour force from neighbouring provinces as well as overseas.

In the future, resort projects in the coastal Ngu Hanh Son and Son Tra districts will be given priority. — VNS