Phu Tai Residence

Phu Tai Residence is a completed apartment tower in the centre of Quy Nhon, now part of Gia Lai province after the 2025 merger with Binh Dinh. Developed by Phu Tai Real Estate, it rises 33 floors over two basements on a 5,830 m² site with three street frontages – Le Duc Tho, Luu Huu Phuoc and Dang Van Ngu – next to Dong Da lake. Its 622 apartments were handed over in September 2021 and come with long-term pink books.

Quick facts

Location in Quy Nhon

The tower overlooks Dong Da ecological lake, a busy area of restaurants and cafés in the north of central Quy Nhon. The beach on Xuan Dieu and An Duong Vuong streets, Quy Nhon port and the city’s markets and schools are a short ride away. Phu Cat Airport is about 30 km north.

Apartments

• 1- to 3-bedroom units
• 22 shophouses in the podium
• Views over the lake, the city or the sea on higher floors

As a finished building, buyers can see the actual unit, the view and the condition of common areas before deciding.

Amenities

• Swimming pool
• Gym
• Park and green space
• Commercial podium
• Kindergarten

Buying at Phu Tai Residence

Most purchases now are resales. Reported listing prices have been around VND 34–38 million per m², or roughly VND 1.6–3.2 billion per unit. Check the pink book, any outstanding bank loan and the service charge (reported at about VND 9,900 per m² including VAT).

Foreigners can buy in commercial apartment buildings within the usual limits of the 2023 Housing Law: up to 30% of the units in one building and ownership of up to 50 years, renewable once. Check that the foreign quota in the specific tower still has room before you pay a deposit.

Renting at Phu Tai Residence

Quy Nhon attracts tourists, digital nomads and staff from the city’s growing IT and education sector around the Quy Hoa science area. Furnished apartments near the lake and the beach let well, with demand higher in the summer season.

Pros and cons

• Pros: completed with pink books, central lakeside location, close to the beach
• Cons: single tower with limited facilities, parking can be tight, older finishes than new launches

Who it suits

Phu Tai Residence suits buyers who want a ready apartment with clear paperwork in central Quy Nhon, retirees and remote workers looking for a coastal city base, and investors targeting steady local rentals.

Living in Quy Nhon

Quy Nhon is a coastal city with a long central beach, clean streets and growing appeal for retirees, remote workers and tech companies around the Quy Hoa science area. Since 2025 it has been the administrative centre of Gia Lai province.

Living costs are lower than in Da Nang or Nha Trang, and the city is less crowded. Ky Co, Eo Gio and the coastal road to Song Cau are popular weekend trips.

Sources and further reading

Figures on this page come from the developer’s published information and local press, including Phu Tai Residence project data, checked in October 2026. Prices, unit counts and handover dates can change, so confirm the details with the developer before you commit.

Browse more apartment projects across Vietnam, or read our guide to buying an apartment as a foreigner.

Frequently asked questions