Shophouses and counters at Diamond Square shopping mall, the first modern one in Hoai Nhon town of Binh Dinh province, are winning over customers and investors in the central province and nearby localities of Danang city and Quang Ngai province.
Hoai Nhon town has always been a bright spot for investment of Binh Dinh province, featuring seven industrial clusters and investments of VND2.52 trillion ($106.8 million) from 37 investors, reaping a total revenue of VND2.18 trillion ($92.1 million) yearly. Until 2025, Hoai Nhon eyes to attract 69 investments with a total registered capital of VND54.62 trillion ($2.31 billion).
The planned mega Long Son Iron and Steel Complex and its specialized port, with a total investment of VND63 trillion ($2.66 billion), is the most notable one in the province. Binh Dinh authorities affirmed the project would make significant socioeconomic contributions and improve the lives of local people. The port project alone can employ 7,500 people, including 3,000 in the first phase.
Traffic infrastructure development is the key to Binh Dinh’s socioeconomic growth, said Ho Quoc Dung, chief of the province’s Party Committee. Such development can help boost investment attraction; and growth of businesses in industry, services, tourism and trade, he added.
With three economic pillars of infrastructure, tourism, and investments, Hoai Nhon’s economy is witnessing fundamental improvements, resulting in long-term growth and positive impacts on sectors of real estate and service.
Hoai Nhon and nearby areas boast strong potential for commercial realty projects amid the limited of commercial areas. In particular, Diamond Square shopping mall is highly rated for its prime location on the front of two streets, Tran Hung Dao and Tang Bat Ho. The 4,100 square meter facility has one basement and four floors, featuring 23 shophouses and 35 counters. The project has basically completed the foundation and is finalizing the construction of utility areas, market zone, and shophouses for early delivery to customers.
Diamond Square is expected to become a new commercial and entertainment symbol in Bong Son ward of Hoai Nhon town, bringing together a series of high-end fashion brands and famous culinary and entertainment brands, banking and financial offices, English teaching centers, conference and wedding centers, high-quality clinics, and others.
Investors can fully maximize their profits by utilizing commercial and multi-industry business at Diamond Square's shophouses and counters, said Pham Van Sung, project manager. With an attractive price from only VND33 million ($1,396) per square meter for shophouses and VND483 million ($20,428) per counter, investors have many options to maximize profits with the average value growth potential of 15-20%/year.
Additionally, customers and investors are subject to project investor’s policy of re-leasing the counter for VND5 million ($211.5) per month and shophouses for VND15 million ($634) per month, and policy of buying back the properties in the first 36 months with a profit of up to 22%.
In the near future, citizens of Bong Son wards and the surrounding area can experience a "shopping and entertainment paradise" at Diamond Square as dynamic as those in big cities.
Diamond Square - A Diamond Place for Prosperity
No. 29 Tran Hung Dao street, Bong Son ward, Hoai Nhon town, Binh Dinh province.
Hotline: 091 555 9160
Website: https://diamondsquarebongson.vn/