- Developer
- A&B Group (AB Investment JSC)
- Status
- Handed over
- Location
- Nha Trang Ward, Khanh Hoa
- Address
- 44 Tran Phu Street, Nha Trang Ward (former Loc Tho Ward), Khanh Hoa
- Towers
- 1
- Units
- 484
- Handover
- Completed; operating as Hyatt Regency Nha Trang
Updated
Amenities
AB Central Square (A&B Central Square) is a sea-front complex at 44 Tran Phu Street in central Nha Trang, facing the Tram Huong Tower and the city’s main square. It was developed by A&B Group and built by Unicons, with frontage on Tran Phu, Hung Vuong and Le Thanh Ton streets.
Above a four-floor shopping centre of about 13,000 m², the tower holds 484 hotel apartments (condotel units) that are operated as the Hyatt Regency Nha Trang. Owners buy a unit and usually place it in the hotel rental programme, receiving a share of income rather than living in it full time. Almost every unit looks directly over Nha Trang Bay.
Considering a condotel investment or a long stay in Nha Trang? Talk to us first.
AB Central Square at a glance
| Developer | A&B Group (AB Investment JSC) |
| Location | 44 Tran Phu, Nha Trang Ward (former Loc Tho Ward), Khanh Hoa |
| Product | 484 hotel apartments (condotel) above a mall |
| Operator | Hyatt Regency Nha Trang |
| Retail | 4-floor shopping centre, about 13,000 m² |
| Contractor | Unicons |
| Status | Completed and operating |
Location
Tran Phu is Nha Trang’s beachfront boulevard. The beach, the Tram Huong Tower and the 2/4 Square are across the road, and the restaurants and bars of the tourist quarter are within walking distance. Cam Ranh International Airport is about 35–45 minutes away by car.
Nearby residential and hotel-apartment projects include Panorama Nha Trang, Gold Coast Nha Trang and Vinpearl Beachfront Nha Trang.

How condotel ownership works
Units at AB Central Square are hotel apartments on commercial-service land, not residential apartments. Ownership is normally for a fixed term rather than permanent, and use is governed by the hotel management agreement. Some resale listings advertise fixed annual returns; read the contract terms carefully, as guarantees depend on the operator and the developer.
Buying checks
- Read the hotel rental programme contract: revenue share, fees, owner’s nights and exit terms.
- Confirm the land use term and the type of certificate issued for the unit.
- Check whether the advertised return is a guarantee in the contract or only a projection.
- Foreign buyers should ask a lawyer about ownership rules for condotel units.
Sources
Information comes from A&B Group announcements reported by Vietnamnet, VnEconomy, Tuoi Tre and Bao Dau Thau, and current listings on Batdongsan and Guland, checked on 2 November 2026. Confirm details for each unit.
Frequently asked questions
Where is AB Central Square?
At 44 Tran Phu Street in central Nha Trang, facing the Tram Huong Tower and the beach.
Who manages AB Central Square?
The hotel apartments are operated as the Hyatt Regency Nha Trang.
How many units are there?
About 484 hotel apartments above a four-floor shopping centre.
Is AB Central Square a residential apartment?
No. It is a condotel (hotel apartment) project, so ownership terms and use differ from regular residential apartments.
Photographs are real, freely licensed images of AB Central Square from Wikimedia Commons and show the development or its surroundings, not a specific apartment for rent or sale.