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РусскийQ'Terra Quy Nhơn — tourist apartments by the seaside square, from 2.56 billion VND
Q'Terra Quy Nhơn is priced from about 2.56 billion VND per unit (initial-phase price, announced in August 2026): two tourist apartment towers with about 864 units at 01 Ngo May, Quy Nhon Nam Ward, Gia Lai Province (formerly Quy Nhon City, Binh Dinh), overlooking the sea and Nguyen Tat Thanh Square. Phat Dat (HOSE: PDR) is the project developer; the products are tourist apartments, not residential housing. In September 2026, the foundations and basements were being completed.
- From 2.56 billion VND
- Initial-phase price, announced 08/2026
- 864 units
- Tourist apartments, studio to 2 bedrooms
- 35.9–77.5 m²
- Unit sizes announced by the developer
Q'Terra Quy Nhơn Prices — tourist apartments from 2.56 billion VND
Updated 9 Nov 2026
Q'Terra Quy Nhơn prices start from about 2.56 billion VND per unit — the initial-phase starting price for tourist apartments in the two towers, announced in August 2026. The developer has not published a detailed price list; the price of each unit depends on the unit type, floor, orientation and the policy at the time of the transaction.
| Product | Size | Price |
|---|---|---|
| Tourist apartments (whole project) | 35.9–77.5 m² | from 2.56 billion VND (announced 08/2026) |
| Studio, Studio F, Studio F+ | being updated | being updated |
| 1-bedroom apartment | being updated | being updated |
| Premium 2-bedroom apartment | being updated | being updated |
| Shophouse | being updated | being updated |
Ask before comparing prices
- Whether the price includes VAT, the maintenance fund and furniture.
- The term of use of the tourist apartment (per the project term) and the type of certificate to be issued.
- The management fee and rules for renting out through the operator, if any.
You can calculate your home purchase cash flow before viewing units.
Home loan calculator
Prices in online listings are not the developer's price list — leave your phone number and an HPR consultant will send you the official price and policy information.
Q'Terra Quy Nhơn Location — 01 Ngo May, central Quy Nhon
Updated 9 Nov 2026
Q'Terra Quy Nhơn is located at 01 Ngo May, Quy Nhon Nam Ward, Gia Lai Province — the central area of the former Quy Nhon City (formerly Binh Dinh), facing the Quy Nhon sea and Nguyen Tat Thanh Square. Under the new administrative boundaries from 1 July 2025, Quy Nhon Nam Ward merges the former Quang Trung, Ngo May, Nguyen Van Cu and Ghenh Rang wards.
- Right next to: the Courtyard by Marriott hotel (on the same project site), Nguyen Tat Thanh Square, the central Quy Nhon beachfront
- In the same ward: the Luvista Quy Nhon apartment project on Che Lan Vien Street
Regional infrastructure is expanding: Phu Cat Airport is being upgraded with a target capacity of 5 million passengers per year by 2030. This is a plan, and the timeline may change.
Distances and travel times to the main points around the project are being updated — an HPR consultant will send you a connectivity map when you leave your phone number.
Q'Terra Quy Nhơn Project Overview
Updated 9 Nov 2026
Q'Terra Quy Nhơn is a tourist apartment, hotel and retail complex at 01 Ngo May, in the centre of the former Quy Nhon City. The project's legal name is the High-end Hotel, Commercial and Service Centre at No. 1 Ngo May; it was previously known as Cadia Quy Nhon and Q1 Tower before being renamed Q'Terra.
- Project name: Q'Terra (legal name: High-end Hotel, Commercial and Service Centre at No. 1 Ngo May)
- Address: 01 Ngo May, Quy Nhon Nam Ward, Gia Lai Province (formerly Quy Nhon City, Binh Dinh)
- Investor: Ngo May Real Estate Investment JSC
- Project developer: Phat Dat — Phat Dat Real Estate Development Corporation (since August 2026)
- Operator: CBRE; the Courtyard by Marriott hotel sits next to the apartment block
- Scale: 2 towers of about 39–40 storeys, 3 basements, about 864 tourist apartments
- Product types: tourist apartments (studio, 1 and 2 bedrooms), hotel, shophouses
- Unit sizes: from 35.9 m² to 77.5 m²
- Legal status: land won at auction on 20 September 2019; the products are tourist apartments (not residential housing)
- Construction start: 6 June 2022, suspended and then resumed after the schedule was adjusted in July 2024
- Handover: the developer has not announced a new date — being updated
What investors should consider at Q'Terra Quy Nhơn
Updated 9 Nov 2026
Points worth checking before you commit, so you can compare them with your own financial plan.
Legal status, step by step
The project land was won at auction on 20 September 2019. The products are tourist apartments, not residential housing: the term of use follows the project term, and the rights and obligations differ from those of a residential apartment. The developer says the project is eligible to sign sale and purchase agreements for tourist apartments — ask to see the numbered, dated documents before paying any money (5 groups of documents to check).
Who signs the contract
The investor is Ngo May Real Estate Investment JSC; Phat Dat has been the project developer since August 2026 and is no longer a shareholder of Ngo May. Check the documents issued in the name of whichever entity signs your contract.
Price and cash flow
Prices from about 2.56 billion VND per unit (initial phase, announced 08/2026). The detailed price list, payment schedule and supporting banks have not been published — an HPR consultant will send you a unit-by-unit sheet.
Construction progress
Construction started in 2022 and was once suspended; in September 2026 the foundations and basements were being completed. A new handover date has not been announced — the official date is stated in the contract.
Operation and rental
CBRE takes part in management and operation; the Courtyard by Marriott hotel sits next to the apartment block. Ask about the management fee and the rental rules before buying so you can work out your actual cash flow.
Risks to check yourself
The number of storeys and the land area differ between published sources. The project has fallen behind its earlier schedule (Q1/2026). Prices in online listings are not the developer's prices. HPR makes no commitment on rent, occupancy rates or price growth.
Q'Terra Quy Nhơn Tourist Apartment Types
Updated 9 Nov 2026
Q'Terra Quy Nhơn has about 864 tourist apartments, from studios to 2 bedrooms, sized 35.9–77.5 m². The show apartment is located at the sales gallery at 36 Cat Linh, Hanoi.
Studio
Open-plan space, a large balcony and a bathtub placed beside the sleeping area; designed for couples who value privacy.
Studio F
Multi-purpose furniture, suitable for families with young children.
Studio F+
Flexible bunk beds for groups of friends or larger families.
1-bedroom apartment
The developer has announced a 1-bedroom line; sizes and numbers are being updated.
Premium 2-bedroom apartment
Facing the sea, the square or the city, with a private master bedroom.
The developer has not published the size or number of each unit type — an HPR consultant will send you the unit floor plans when you leave your phone number.
Q'Terra Quy Nhơn Amenities
Updated 9 Nov 2026
Q'Terra Quy Nhơn amenities are arranged by floor: sports and a library on the 2nd floor; an infinity pool and onsen on the 21st floor; a sky garden on the rooftop. The interiors are themed around Terracotta and the H'Roi brocade patterns of Binh Dinh.
2nd floor — sports, library
Gym, yoga and pilates area, library, children's play area.
21st floor — infinity pool, onsen
Infinity pool, Japanese-style mineral bath (onsen), sauna, overlooking the Quy Nhon seafront.
Rooftop — sky garden
A sky garden with panoramic views over Quy Nhon.
Courtyard by Marriott hotel
A Courtyard by Marriott branded hotel sits next to the apartment block, within the same complex.
Operated by CBRE
The developer has announced that CBRE will take part in managing and operating the project. The management fee has not been published — being updated.
Shophouses, retail
The project includes shophouses and commercial space; numbers and sizes are being updated.
Q'Terra Quy Nhơn Construction Progress
Updated 9 Nov 2026
- Completed
Land won at auction
20/09/2019
- Completed
Construction start
06/06/2022, later suspended
- Completed
Schedule adjusted, construction resumed
07/2024
- In progress
Foundations and basements being completed
In progress (09/2026)
- Upcoming
Handover
The developer has not announced a new date — being updated
Frequently asked questions about Q'Terra Quy Nhơn
Updated 9 Nov 2026
Q'Terra Quy Nhơn is a tourist apartment, hotel and retail complex at 01 Ngo May, Quy Nhon Nam Ward, Gia Lai Province (formerly Quy Nhon City, Binh Dinh), overlooking the sea and Nguyen Tat Thanh Square. The project has 2 towers and about 864 tourist apartments sized 35.9–77.5 m²; prices start from about 2.56 billion VND per unit (announced 08/2026).
The investor is Ngo May Real Estate Investment JSC. Quy Nhon 68 Investment Co., Ltd. holds 94% of Ngo May's shares after acquiring them from Phat Dat (completed on 25 June 2025). Since August 2026, Phat Dat (HOSE: PDR) has returned as the project developer.
The initial-phase starting price is from about 2.56 billion VND per unit, announced in August 2026. The developer has not published prices by unit type; each unit's price depends on the floor, orientation and the policy at the time of the transaction (see the price block).
No. The project's products are tourist apartments (not residential housing). The term of use follows the project term stated in the contract and certificate; ask about the term, the type of certificate and the residence registration rules before buying.
The land was won at auction on 20 September 2019. The developer says the project is eligible to sign sale and purchase agreements for tourist apartments; the document numbers and dates and the construction permit have not been published — being updated. Ask to see copies of the documents before paying any money (how to check a project's legal status).
The project has 2 towers of about 39–40 storeys (published sources differ), 3 basements and about 864 tourist apartments, including studios and 1- and 2-bedroom units.
The developer has not announced a new handover date. The Q1/2026 milestone set in July 2024 has passed; in September 2026 the foundations and basements were being completed. The official date is stated in each unit's contract.
The developer has announced that CBRE takes part in management and operation; the Courtyard by Marriott hotel sits next to the apartment block. The management fee has not been published.
The Q'Terra Quy Nhơn show apartment was launched at the sales gallery at 36 Cat Linh, Hanoi (October 2026). Visit schedules and a show unit in Quy Nhon are being updated — leave your phone number and an HPR consultant will confirm a schedule with you.
The developer has not published the payment schedule or supporting banks. An HPR consultant will send you the current policy and a comparison of payments by instalment for the unit you choose.
After receiving your unit, you can consign it for resale or rental with HPR. For tourist apartments, also ask about the rules for renting through the operator. HPR makes no commitment on time to sell, sale price or rent.
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