Authorities in the central city of Danang have listed 17 commercial housing projects which foreign organisations and individuals are allowed to buy homes from.
Monarchy Complex is among apartment buildings that allow foreign people to buy homes
According to the city’s construction department, the 17 projects include Blooming Tower Danang, Golden Square Complex, Quang Nguyen Apartment Building, Lapaz Tower, Danang Plaza, HAGL Lakeview, Thuy Tu Urban Area, Harmony Tower, Danang FPT Technological Urban Area, Monarchy Complex, The Summit, An Vien, Hoa Binh Xanh Danang, Garden Tower, Azura, P.A Tower, and Danang Cruise Port.
These projects, most of them near completion, locate near the beach and river in some central districts of Hai Chau, Son Tra, Thanh Khe, Lien Chieu, and Ngu Hanh Son.
The department has also announced that foreigners were banned from owning property at three projects of F-Home Apartment complex, Danang Diamond Tower, and IndoChina Riverside Tower as they situate near the military area and the headquarters of the Danang City People’s Committee.
The department also proposed the grant of home ownership permission to foreign organisations and individuals in other projects that are not included in the list.