- Location
- Hoa Cuong Ward, Da Nang
- Updated
Masteri Rivera Danang is Masterise Homes’ first project in central Vietnam, on the former Tuyen Son site (once marketed as The Estuary) where the Han, Cam Le and Cau Do rivers meet. Two 39-storey towers hold 1,112 apartments. Da Nang confirmed the units eligible for sale in November 2024, Masterise officially launched the project on 20 May 2025, and both towers were topped out on 1 December 2025.
Quick facts
| Owner | Tuyen Son Housing Development JSC |
|---|---|
| Developer | Masterise Homes |
| Location | Tuyen Son area, Hoa Cuong Ward (former Hai Chau), Da Nang |
| Site area | 18,296 m² |
| Building | 2 towers, 39 floors, 2 basements |
| Apartments | 1,112 |
| Total investment | About 2,300 billion VND |
| Official launch | 20 May 2025 |
| Topped out | 1 December 2025 |
Who is behind Masteri Rivera Danang
The legal owner is Tuyen Son Housing Development JSC; Masterise Homes took over development and brought the project under its Masteri Collection brand. Work first started in 2022, paused, and restarted in December 2023 before the official launch in 2025.
Location: where three rivers meet
The towers sit near the Tuyen Son Bridge at the meeting point of the Han, Cam Le and Cau Do rivers, close to Tuyen Son Sports Palace and Asia Park. The city centre, the airport and the road to Hoi An are all within easy reach, and upper floors look out over the rivers and the city.
Apartments and prices
Units range from studios and one-bedrooms of around 40 m² to three-bedroom homes and larger duplexes. Prices started from just over 4 billion VND per unit at launch; 2026 listings range from about 77 to 95 million VND per m², with one-bedrooms around 4.2–5.5 billion VND and three-bedrooms of 79–89 m² near 6.9 billion VND.
Amenities
- Outdoor pool and landscaped gardens
- Pickleball court and sports areas
- Children’s playground
- Masteri Collection handover and management standards
- Next to Asia Park and Tuyen Son Sports Palace
Renting at Masteri Rivera Danang
River views and Masterise management should attract expats, long-stay visitors and professionals. Da Nang’s rental market for branded apartments is still smaller than HCMC or Hanoi, so yields depend on pricing well.
Pros and cons
Pros
- River views on three sides
- Strong developer brand
- Structure complete
- Central location near Asia Park
Cons
- High prices for Da Nang
- Large amount of new supply in the city
- Not on the beachfront
Who it suits
Masteri Rivera Danang suits buyers who want a branded, riverside apartment in central Da Nang, including foreigners within the quota.
Sources and further reading
Figures on this page come from the developer’s published information and local press, including CafeLand – Masteri Rivera Danang, Thi truong Tai chinh Tien te – topping out, Thu Vien Nha Dat – launch and history, Listings on Batdongsan. 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 Masteri Rivera Danang?
Masterise Homes’ two-tower, 39-storey project with 1,112 apartments in Hoa Cuong Ward, Da Nang.
When was it launched?
Masterise officially launched it on 20 May 2025.
Has construction finished?
Both towers were topped out on 1 December 2025 and are being completed.
How much does it cost?
2026 listings range from about 77 to 95 million VND per m².
What was it called before?
The site was previously known as The Estuary / Tuyen Son apartments.