ĐÀ NẴNG — The property developer VinaCapital Group has introduced its Ocean Estates show village, the last remaining residential beachfront project of the Ocean Resort on the central city’s pristine beach. Construction on the Ocean Estates commenced in 2016 on an area of 7.5ha with total investment capital of VNĐ650 billion (nearly US$30 million). According to Vinacapital, the Ocean Estates is the last residential project that will be developed within the beachfront parcel of the Ocean Resort, the largest resort complex in the central region which was named ‘Best Golf Development’ on numerous occasions at the Asia Pacific Property Awards 2011-16. Matthew Koziora, Director of Transactions at VinaCapital said: “The Ocean Estates and the Ocean Resort are further supported by Đà Nẵng’s emergence as one of the hottest new destinations on the Asian golf and tourism trail. The site is surrounded by a series of golf courses including a Greg Norman-designed golf course, separate beach club and is a short distance from the Sheraton Hotel – a selected accommodation site for the Asian Pacific Economic Co-operation (APEC) Summit in Đà Nẵng on November 5-11.

Source: Viet Nam News August 18, 2017 19:18 UTC