A 31 square meter studio apartment in the first phase of FourS Tower is now available for sale in Da Nang's Ngu Hanh Son District, priced at 1.60 billion VND. This single-bedroom, single-bathroom unit is part of a larger development by Sun Group, featuring four apartment towers at the Minh Mang - Nguyen Phuoc Lan intersection within the Nam Hoa Xuan urban area. The property comes with basic furnishings and faces East-North, offering a straightforward entry point into a new large-scale residential project.
The studio layout is designed for efficient use of space, with the basic furnishing providing a move-in-ready foundation for the new owner. The East-North orientation allows for morning light in the living areas, which is a practical consideration for daily routines. As a compact unit, the layout prioritizes functionality, and the 31 square meters are well-suited for a single occupant or a couple seeking a manageable, low-maintenance home. The permanent title, or red book, provides long-term ownership security, a key factor for those looking at the property as a lasting asset.
The Nam Hoa Xuan urban area is a 500-hectare city center project that is planned to include cruise ship activities, light shows, and art performances along the Han, Cam Le, Co Co, and Do Toa rivers. The location acts as a new connection center in the south of Da Nang, with quick access to Trung Luong Bridge and Hoa Xuan Bridge. The property is adjacent to the Do Toa and Cam Le rivers and sits opposite the Sunneva Island luxury urban area, placing it within a developing zone with synchronized infrastructure.
This apartment is best matched for an investor or a buyer seeking a new unit in a master-planned development with flexible financial terms. The payment schedule allows for a 25% initial down payment, bank support of 70%, and 0% interest for up to 30 months, with the remaining 30% due within 24 months after possession. An estimated rental profit of 120% per year from stable operations is cited, which may appeal to those looking for a rental income property. The compact size and basic furnishing also suit a buyer wanting a straightforward second home or a base in Da Nang without the burden of extensive upkeep.
The most compelling advantage is the combination of an early booking discount of 5% with a starting price of 1.6 billion VND, alongside a long-term payment plan extending up to 48 months. Reserving a unit requires only 50 million VND, and high discounts of up to 18% are available, reducing the initial financial outlay. The development's scale, with four towers and a planned riverfront entertainment program, supports the long-term value proposition, while the permanent title and bank-supported financing make the purchase process more accessible. This represents a calculated entry into a new phase of Da Nang's southern expansion, with terms designed to accommodate both domestic and international buyers
