Capital Square 2

BRG-backed Mega Assets’ seven-tower riverside apartment project on Ngo Quyen Street, Da Nang, with 1,681 homes; sales began in June 2025.

Capital Square 2 apartment project in An Hai Ward, Da Nang
Updated

Capital Square 2 is one half of the Capital Square complex on the east bank of the Han River in central Da Nang, between the Han River Bridge and the Dragon Bridge. Developed by Mega Assets, part of BRG Group, it covers 3.2 hectares with seven apartment towers of 26–28 floors and 1,681 homes. On 9 June 2025 the Da Nang Department of Construction confirmed the first 530 units, in towers 2.4 and 2.6, were eligible for sale, and more towers have been released since.

Quick facts

DeveloperMega Assets Co., Ltd (BRG Group)
LocationNgo Quyen Street, An Hai Ward (former Son Tra District), Da Nang
Site area31,960 m²
Building7 apartment towers (26–28 floors) and 1 low-rise block, 2 basements
Apartments1,681
Foreign quotaUp to 502 units
First sales approval9 June 2025 (530 units, towers 2.4 and 2.6)
Further approval737 units in 3 more towers (2026)

Who is behind Capital Square 2

Mega Assets is part of BRG Group, which also owns hotels and golf courses across Vietnam. The neighbouring Capital Square 3, by SIH Real Estate, adds a further 1,710 apartments, so the two projects together will bring around 3,391 homes and 14 towers to this stretch of the river.

Location: Da Nang’s riverside core

The site sits on Ngo Quyen Street in the An Hai area, a short walk from the Han River and within a few minutes of both the Dragon Bridge and the Han River Bridge. My Khe beach is around ten minutes away, as are the city centre, the airport and the restaurants on Bach Dang.

Apartments and prices

Layouts focus on two- and three-bedroom homes, with duplexes, penthouses and a small number of 141–180 m² four-bedroom dual-key units. Da Nang’s new apartments averaged around 85 million VND per m² in mid-2025, and most launches since 2024 have been priced above 65 million VND per m². Ask the developer for current price lists for each tower.

Amenities

  • Han River views from upper floors
  • Park Boulevard retail street and outdoor stage
  • Grand Central Mall next to the complex
  • Smart-home systems and 24/7 security
  • Concierge and valet services in premium towers

Buying as a foreigner

Da Nang has published foreign-ownership quotas for Capital Square 2: up to 502 apartments can be sold to foreign individuals and organisations, making it one of the larger foreign-eligible projects in the city.

Pros and cons

Pros

  • Central riverside location
  • Large foreign-ownership quota
  • Backed by BRG Group
  • Phased approvals with clear legal process

Cons

  • Large combined supply with Capital Square 3
  • Prices well above older Da Nang stock
  • Construction phased over several years

Who it suits

Capital Square 2 suits buyers – including foreigners – who want a new apartment in Da Nang’s riverside centre close to the beach and the airport.

Sources and further reading

Figures on this page come from the developer’s published information and local press, including Thu Vien Nha Dat – 530 units approved, Bao Phap Luat – 737 units approved, Tuoi Tre News – foreign quota, CafeLand – Capital Square. Prices, handover dates and rental terms change often – always confirm the current details with the developer or a licensed agent before you commit.

Frequently asked questions

What is Capital Square 2?

A seven-tower apartment project with 1,681 homes on Ngo Quyen Street, An Hai Ward, Da Nang, developed by Mega Assets (BRG Group).

When did sales start?

Da Nang approved the first 530 units for sale on 9 June 2025.

Can foreigners buy at Capital Square 2?

Yes. Up to 502 apartments can be sold to foreign buyers.

How far is it from the beach?

About ten minutes by car to My Khe beach.

What is the difference from Capital Square 3?

Capital Square 3 is the neighbouring project by SIH Real Estate with 1,710 apartments; together they form the Capital Square complex.