New Town DiamondRegister interest
New Town Diamond
Now selling · Foreign buyers welcome

New Town Diamond

Beachfront sky-living on Da Nang’s My Khe coast — 3 towers, 1,733 residences, a 3-minute walk from one of the world’s most beautiful beaches.

Corner of Nam Ky Khoi Nghia & Truong Sa Street, Hai Hoa Ward, Ngu Hanh Son District, Da Nang

1,733 Residences3 Towers · 164 mMy Khe Beach 3 minFreehold Pink Book TitleFrom USD 85,000

The project

A beachfront landmark where the city meets the sea — resort amenities below, sky gardens and ocean panoramas above.

New Town Diamond rises on a ~15,000 m² site at the Nam Ky Khoi Nghia & Truong Sa corner in Ngu Hanh Son, Da Nang. Three towers of ~36 floors on a 6-floor commercial podium deliver 1,733 residences with an individual Pink Book freehold title.

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Apartments

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Towers · 36 floors

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Building height

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Walk to My Khe Beach

Three towers

Ruby, Sapphire & Diamond

Ruby (M1)

The first tower of the trio, anchoring the beachfront frontage with the widest sea orientation.

Sapphire (M2)

The central tower, rising over the shared sky gardens and the glass-bridge atrium.

Diamond (M3)

The signature crown tower — rooftop sky-bar and the highest sea-and-golf panoramas.

New Town Diamond beachfront aerial

Residences

Layouts & pricing

1-Bedroom

Area
34.14 – 52 m²
Price
from USD 85,000

1 bed · 1 bath · open kitchen · balcony — ideal for rental yield.

2-Bedroom

Area
65 – 90 m²
Price
from USD 160,000

2 bed · 2 bath · living / dining · balcony with sea-view options.

3-Bedroom

Area
100 – 128.34 m²
Price
from USD 280,000

3 bed · 2 bath · large balcony · sea-view layouts.

Penthouse

Area
Floors 34–36
Price
Price on application

Dual-level residences with private terraces on the crown floors.

30% down payment

Up to 70% bank financing available

Est. 8–12% p.a. rental yield (Da Nang tourism market)

15–25% projected capital appreciation by 2028

New Town Diamond interior 1
New Town Diamond interior 2
New Town Diamond interior 3

Lifestyle

A resort that lives where you live

From an infinity rooftop pool and a private beach club to a two-floor fitness center, hydrotherapy spa and sky gardens — every floor of life is curated.

New Town Diamond amenity 1
New Town Diamond amenity 2
New Town Diamond amenity 3
New Town Diamond amenity 4
New Town Diamond amenity 5
New Town Diamond amenity 6

Outdoor & Beachfront

  • Infinity rooftop pool with ocean view
  • Beachfront access & private beach club
  • Sky gardens on floors 10, 20 and 30
  • BBQ terraces, sunset decks, jogging & cycling tracks

Indoor & Wellness

  • 5-star lobby with 24/7 concierge
  • Indoor pool & hydrotherapy spa
  • Two-floor fitness center, yoga & meditation studio
  • Cinema room, kids’ club, co-working & meeting rooms

Services & Smart Living

  • App-controlled smart-home automation
  • 3-level underground parking with EV charging
  • 24/7 security with facial recognition & CCTV
  • Concierge & professional property management

Location

Steps from the beach, minutes from everything

On the Truong Sa beachfront road beside BRG Da Nang Golf Resort, with the airport, Marble Mountains and Hoi An all minutes away.

My Khe Beach

3-min walk

My Khe Beach

Da Nang Airport

10 min

Da Nang Airport

Marble Mountains

15 min

Marble Mountains

Hoi An Ancient Town

20 min

Hoi An Ancient Town

New Town Diamond aerial

In the neighbourhood

  • Beachfront on Truong Sa — 3-min walk to My Khe Beach (Forbes Top 6 beaches)
  • Adjacent to BRG Da Nang Golf Resort (18-hole championship course)
  • 5 min to Sheraton Grand Da Nang Resort
  • 30 min to Ba Na Hills (Sun World) & the Golden Bridge
  • Near Non Nuoc Beach, Son Tra Peninsula, Han River & Dragon Bridge

On the map

Investment returns

A coastal asset built for yield

Da Nang’s tourism market underpins an estimated 8–12% annual rental yield, with 15–25% capital appreciation projected by 2028. 30% down with up to 70% bank financing.

New Town Diamond sea-view residence
New Town Diamond rooftop sky bar

For international buyers

Freehold-grade ownership, resale-ready

  • Purchase is secured through an official Sale & Purchase Agreement (SPA) signed with the developer.
  • Foreign buyers hold a 50-year leasehold (renewable); freehold is available via a Vietnamese entity, with an individual Pink Book title.
  • Owners are free to resell or lease the home out at any time.
  • Da Nang ranks among Vietnam’s top 3 cities for foreign investment, with direct flights from Seoul, Taipei, Shanghai, Beijing, Chengdu, Guangzhou and Busan.

Progress

Construction & handover

Live from the site

New Town Diamond construction 1
New Town Diamond construction 2
New Town Diamond construction 3

2026

Handover phase

Construction completing through 2026, with fit-out and handover of the Ruby, Sapphire and Diamond towers.

2024–2025

Tower & podium rise

Three towers and the 6-floor commercial podium top out above the beachfront road.

2022

Groundbreaking

Construction commenced on the ~15,000 m² beachfront site under CONINCO 3C supervision.

The developer

New Town Development — a beachfront landmark

New Town Diamond is delivered by New Town Development Co., Ltd with supervision by CONINCO 3C Joint Stock Company — a ~1.64 trillion VND (≈ USD 65 million) beachfront landmark on Da Nang’s My Khe coast.

Beachfront landmark — three towers on the Truong Sa coastal road, steps from My Khe Beach.

Individual Pink Book freehold title — permanent, transferable ownership.

Resort-grade operation — 5-star concierge, smart-home and property management.

Contact & registration

Reserve your residence at New Town Diamond

Leave your preferred contact channel and our international advisory desk will send the full price list, available stock and foreign-buyer terms within 24 hours.

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Preferred agent language

New Town Diamond

Indicative information for international buyers. Renders are illustrative. Figures subject to the official sales policy.

Investor FAQ

Frequently asked questions

What is New Town Diamond?
New Town Development — three towers (Ruby, Sapphire, Diamond) of ~36 floors on the My Khe beachfront, a 3-minute walk from the beach. 1,733 residences, freehold Pink Book title, beside BRG Da Nang Golf Resort. From USD 85,000. It is offered to both owner-occupiers and investors, and is published here only after being verified for foreign-ownership eligibility under Vietnam's Housing Law 2023.
Where is New Town Diamond located?
New Town Diamond is located in Hai Hoa Ward · Ngu Hanh Son · Da Nang. Our advisory team can share the exact address, masterplan position, and the surrounding transport and amenity context on request.
Can foreigners buy apartments at New Town Diamond?
Yes — foreigners can buy eligible condominium units when the project is cleared for foreign ownership and its 30%-per-building quota is not full. The full pathway: (1) you purchase via an official Sale & Purchase Agreement (SPA) signed directly with the developer; (2) you hold a 50-year leasehold, renewable under the Housing Law 2023; (3) you can freely resell or lease the home during that term, with proceeds repatriable; (4) when the home is resold to a Vietnamese national, the title converts to permanent (freehold) ownership. We confirm the remaining foreign quota for New Town Diamond before any reservation.
Can a foreigner resell an apartment at New Town Diamond?
Yes. During your 50-year term you can freely resell or lease New Town Diamond. If you sell to another eligible foreigner, the 50-year leasehold continues within the building's foreign quota; if you sell to a Vietnamese national, the title converts to permanent (freehold) ownership for that buyer. Sale proceeds are repatriable when the original purchase funds came in through the regulated Vietnamese banking channel.
What is the price of New Town Diamond in 2026?
Pricing varies by tower, unit size, view, floor, payment schedule, and launch phase. Rather than quote a stale figure, we provide the latest developer price list together with all taxes, fees, and current foreign-buyer availability so you can compare like-for-like before booking.
Who is the developer of New Town Diamond?
New Town Diamond is developed by New Town Development. Before purchasing, foreign investors should review the developer's track record, the project's legal status, the construction timeline, the sale & purchase agreement, and the handover standard — all of which our team verifies for you.
Is New Town Diamond a good investment for rental income?
New Town Diamond may appeal to tenants seeking quality housing in Hai Hoa Ward · Ngu Hanh Son · Da Nang, but rental performance depends on your purchase price, unit layout, handover quality, competing supply, tenant demand, and management fees. We can model an indicative net yield for a specific unit using current market rents.
What amenities does New Town Diamond offer?
New Town Diamond is marketed around modern living with landscaped areas and lifestyle facilities. Specific amenities can differ by tower and handover phase, so we confirm the exact facility list against the official developer brochure before you commit.
What documents should foreign buyers check before buying New Town Diamond?
Check the project's legal eligibility for foreign ownership, remaining foreign quota, the sale & purchase agreement, the payment schedule, pink-book (ownership certificate) terms, developer approvals, the bank guarantee for off-plan sales, and all taxes and fees. Independent legal review is strongly recommended — our in-house legal counsel handles this end-to-end.
How does New Town Diamond compare with other projects in Da Nang?
Compare on price per square metre, location and view, unit efficiency, developer brand, handover specification, expected rental demand, and remaining foreign quota. We can prepare a side-by-side comparison against other verified projects so you know whether the premium is justified.
What we handle

Our services for foreign buyers

Multilingual advisory

A native-speaking advisor in English, Mandarin or Korean guides you from first enquiry to handover.

Foreign-ownership verification

We confirm the project is cleared for foreign ownership and check the remaining 30% quota before you reserve.

Legal & contract review

In-house legal counsel reviews the SPA, payment schedule and pink-book pathway, with translated and notarised documents.

Secure payment & escrow

Funds are routed through regulated Vietnamese banking channels so your inbound transfer is documented for future repatriation.

Master-distributor access

Direct allocation from developers means launch pricing and first-pick units — no broker layers between you and the source.

Post-purchase concierge

Property management, rental sourcing, tax filing and resale — all handled in-house after you receive the keys.

Why us

Why work with vietnampropertymarket.com — Indochine

Vietnampropertymarket.com is operated by Indochine Real Estate — a firm built around foreign buyers, not retrofitted for them.

1

12 years, 4,200+ international clients

A track record across all 63 provinces, with the buying journey delivered in your language end to end.

2

Only legally-verified projects

We publish only projects cleared for foreign ownership with a pre-checked pink-book pathway — no surprises at the notary.

3

Native-language team

Every advisor speaks at least two of English, 中文, 한국어 and Vietnamese, so nothing is lost in translation.

4

Independent, buyer-side

Our duty is to you: independent due diligence, honest comparisons, and a clear view of risks before you commit.