Quy Nhon Iconic – The new urban icon riding the wave of inter-regional investment

In the dynamic development landscape of Quy Nhon following administrative merger and large-scale infrastructure investments, Phat Dat Real Estate Development Corporation continues to make its mark with Quy Nhon Iconic, boasting a central location, full legality, and a well-developed master plan. The project not only contributes to shaping a new urban identity but also emerges as a focal point in the Central Vietnam – Central Highlands real estate market during this recovery and growth phase.

Master plan of Quy Nhơn Iconic project

Capitalizing on Binh Dinh-Gia Lai merger opportunity
The merger of Binh Dinh and Gia Lai provinces is ushering in a new development era for the South-Central – Highlands region, with the new administrative center planned for Nhon Hoi Economic Zone (Quy Nhon). This represents more than just administrative reform – it’s a powerful catalyst for urban planning, public investment, human capital attraction, and investment flows, significantly impacting local real estate markets.

Post-merger Binh Dinh and Gia Lai

Quy Nhon’s real estate market, particularly areas near the future administrative center, still offers substantial price appreciation potential. Current land prices remain 50-70% lower than neighboring coastal cities like Nha Trang and Da Nang, while demonstrating faster infrastructure development and strong 5-10-year price growth prospects.

According to batdongsan.com.vn data, Quy Nhon’s real estate market shows exceptional interest from multiple regions: 24% from HCMC, 22% from local residents, 16% from Hanoi, and 10% from foreign investors – evidence of this emerging coastal city’s growing appeal.

Dual benefits from regional infrastructure and development policies
Quy Nhơn is transforming into the region’s premier logistics hub with its strategic position connecting the Central Coast and Central Highlands. Major infrastructure projects underway or planned include: Quy Nhon-Pleiku Expressway, National Highway 19B, Thi Nai Bridge 2, and Phu Cat Airport upgrades.

This comprehensive transportation network promises to reduce travel times, lower logistics costs, and expand urban development space. Property values along strategic corridors are showing steady appreciation thanks to direct infrastructure benefits and incoming investment capital.

Investment Epicenter in the Coastal City
Strategically positioned along the new National Highway 19 near the future administrative center, Quy Nhon International Port, and famous tourist destinations like Ky Co Beach and Eo Gio, Quy Nhon Iconic offers an ideal location attracting residents and professionals relocating from industrial zones – a demographic with strong demand for quality housing with full amenities.

Illustration of Quy Nhon-Pleiku Expressway

Master-planned as a model urban area, Quy Nhon Iconic emphasizes green living spaces and modern amenities including a 2km riverside park, Olympic-standard swimming pool, schools, and commercial centers – meeting both residential and recreational needs.

Quy Nhon Iconic’s shophouses along National Highway 19 offer combined business-residential-rental potential

Recently, the project launched a premium subdivision near bustling markets, adjacent to schools and bordering the Ha Thanh River – one of the city’s key scenic corridors. The subdivision’s diverse product mix caters to both end-users and medium-long term investors, with competitive sales policies, clear legal status, and transparent ownership commitments driving strong market interest.

By building on sustainable fundamentals – central location, full legality, modern planning, and synchronized urban development – Quy Nhon Iconic represents more than just another real estate opportunity. It stands as Phat Dat’s new development icon in this strategically important Central Vietnam market.