Charmora City
A 227 ha river-island township planned across Capital Island, Festival Island and Elite Island in Nam Nha Trang Ward.
- Developer: Sun Group (Sun Property); legal project entity: Nam Nha Trang Investment and Development Co., Ltd.
- Scale: 227 ha across three islands (226.71 hectares approved under Decision 456/QĐ-UBND dated 12 June 2025)
- Three islands: Capital Island (68 ha, administrative) · Festival Island (116 ha, entertainment and night-time economy) · Elite Island (43 ha, residential)
- Apartment prices (September 2026): Tower F2 from VND 62–75 million per m² (net usable area); Studios from VND 1.98 billion after 3% Early Bird discount
- Expected handover: From Q4 2027 to Q1 2028
Updated 27/10/2026 · Source: Decision 456/QĐ-UBND dated 12 June 2025, Notices 07/2025/TB-NNT and 10/2025/TB-NNT, Sun Property releases (September–October 2026), CafeF and VTC News.
Charmora City overview
Three river islands in South Nha Trang combining administrative spaces, night-time entertainment and waterfront homes.
Charmora City (legal name: Mixed-Use Urban Area of Nha Trang City) is a 227 ha island township in Nam Nha Trang Ward, Khanh Hoa Province. Sun Group develops the project through Sun Property. The master plan divides the site into three islands surrounded by the Quan Truong River and the Tac River.
Each island serves a distinct function. Capital Island covers 68 ha (Zone 1: 68.05 hectares) and centres on administrative offices and public squares. Festival Island spans 116 ha (Zone 2: 116.21 hectares) for entertainment, commercial streets and the night-time economy. Elite Island covers 43 ha (Zone 3: 42.45 hectares) and is dedicated to low-rise homes and residential towers.
Under Decision 456/QĐ-UBND dated 12 June 2025, the 1/500 detailed plan covers 226.71 hectares with a projected population of 19,686 residents. Residential land accounts for 30.83 hectares (13.60%), comprising 11.59 hectares for townhouses, 8.42 hectares for villas, 4.61 hectares for apartments and 6.21 hectares for social housing. Public green space covers 49.33 hectares (21.76%) and theme parks take up 31.45 hectares (13.87%). Roads occupy 39.15 hectares (17.27%), while rivers and canals span 60.73 hectares (26.79%).
Location beside the Quan Truong River
Charmora City sits in Nam Nha Trang Ward (formerly Vinh Thai Commune and Phuoc Long Ward), Nha Trang, Khanh Hoa Province. Under Decision 456/QĐ-UBND, the site is bordered to the east by the Quan Truong River and to the west and south by the Tac River. Capital Island meets the junction of the Quan Truong River and Vo Nguyen Giap Street.
The three islands have different bridges, road approaches and river frontages. Buyers should first choose between Capital Island, Festival Island and Elite Island. After selecting an island, check the orientation and river or lake outlook of the exact plot or apartment stack.
Landscape and amenity concept
The 1/500 plan sets aside 60.73 hectares of rivers and canals alongside 49.33 hectares of public green space and 31.45 hectares of theme parks. On Festival Island, Sun Property introduces the "Bach Hoi Da Hanh" night-time experience concept across three themes. Visitors can walk along the shophouse streets to Vui-Fest market, watch water and fireworks shows, and dine at Vui-Fest.
On Elite Island, a natural hot mineral water source (maintained near 50°C) runs directly into The Elite Clubhouse of more than 3,000 m² and into private villas. Operating rules and usage fees for the hot mineral system have not yet been published by the developer.
Island plan and product review
Across the three islands, product releases include high-rise apartment towers and low-rise residential rows. On Festival Island, Tower F2 covers typical floors 2–24 with Studio, 1BR, 1BR+, 2BR and 2BR+ units facing Dong Yen Lake and the Quan Truong River. Tower F3 on Festival Island covers typical floors 2–15. On Elite Island, high-rise buildings include Onsen 1, Onsen 2 and The Charm (CC04).
In Onsen 1, typical apartments have a 3.5 m floor-to-floor height. Studio CH24 measures 38.2 m² gross and 34.4 m² net usable area. The 1-bedroom-plus CH22 layout measures 58.5 m² gross and 53.8 m² net usable area, while 2-bedroom CH21 measures 72.4 m² gross and 65.9 m² net usable area. Low-rise homes on Elite Island include townhouses with frontages from 7.5 m and semi-detached villas with frontages from 10 m, with long-term ownership for Vietnamese buyers.
By October 2026, Capital Island had completed service bridge No. 2 and site clearance. Festival Island reached 70% internal road completion, 90% central lake embankment work and 100% bored piling across the three towers of The Fest. On Elite Island, site levelling and main-road asphalt paving reached 100%, and exterior finishing is under way on several low-rise rows. On 18 October 2026, the developer held the basement slab closure and superstructure groundbreaking ceremony for The Charm tower (CC04) with project manager SunPMC and contractor Tan Minh Nhan Corporation.
Apartment layouts
Layouts come from the developer’s Vietnamese sales material, so labels on the drawings are in Vietnamese. The key below explains them. Areas and dimensions on the drawings are indicative; final measurements are specified in the sale contract for each unit.
Studio layout, unit CH24, Onsen 1 tower
1-bedroom-plus layout, unit CH22, Onsen 1 tower
2-bedroom layout, unit CH21, Onsen 1 tower
Studio apartment, 3D cut-away view
2-bedroom apartment, 3D cut-away viewTower floor plans
Low-rise products
Reading the Vietnamese labels
| Mặt bằng căn hộ điển hình | Typical apartment layout |
|---|---|
| Mặt bằng tầng / tầng điển hình | Floor plan / typical floor |
| Căn hộ STU / Studio | Studio apartment |
| 1PN · 1PN+ · 2PN · 3PN | 1 bedroom · 1 bedroom plus a flexible room · 2 bedrooms · 3 bedrooms (PN = phòng ngủ, bedroom) |
| DT tim tường | Gross area, measured to the centre line of the walls |
| DT thông thủy | Net usable area, measured inside the walls. In Vietnam this is normally the area used in the sale contract. |
| Chiều cao tầng | Floor-to-floor height |
| Phòng khách · Khu bếp và bàn ăn | Living room · Kitchen and dining |
| Phòng ngủ · Vệ sinh · Logia | Bedroom · Bathroom · Loggia (covered balcony) |
| Tòa · Khu tiện ích · Chú thích | Tower · Amenity area · Legend |
| Tứ lập · Song lập · Đơn lập | Quadruple villa · Semi-detached villa · Detached villa |
| Trục đại lộ | Main avenue |
| Mọi hình ảnh và thông tin… chỉ mang tính chất tham khảo | All images and information are for reference only |
The Elite show home
The low-rise The Elite show home on Elite Island opened on the morning of 19 September 2026. The opening event welcomed more than 300 guests and investors. The first display property is linked house D1502 in a commercial shophouse row on Elite Island, built across 5 floors on a 247.1 m² land plot with a total floor area of 710.7 m².
According to the announcement dated 21 September 2026, visits are available from 9:00 to 17:30 daily. Interior styling inside linked house D1502 illustrates how spaces can be arranged. The handover condition for each purchased unit follows the specification appendix attached to its sale contract.
Legal review
The legal project developer is Nam Nha Trang Investment and Development Company Limited (enterprise code 4202041574, registered on 24 October 2025 with charter capital of VND 2,600 billion). Its headquarters is at 45 Van Tien Dung Street, Nam Nha Trang Ward, Khanh Hoa Province, per Notice 10/2025/TB-NNT. Under Notice 07/2025/TB-NNT dated 17 November 2025, the legal name is Mixed-Use Urban Area of Nha Trang City and the commercial name is Charmora City. Khanh Hoa Provincial People's Committee approved the investment policy and investor under Decisions 2939/QĐ-UBND, 339/QĐ-UBND (dated 12 February 2025) and 2017/QĐ-UBND. S-Property Joint Stock Company is the appointed brokerage agency under Notice 10/2025/TB-NNT dated 12 December 2025.
On 12 June 2025, Nha Trang City People's Committee issued Decision 456/QĐ-UBND approving the 1/500 detailed plan across 226.71 hectares. This plan concretises the 1/2000 zoning plan approved under Decision 2462/QĐ-UBND dated 20 September 2024. Construction permits, bank guarantee certificates and the Department of Construction notice confirming eligibility for off-plan sales are not yet published by the developer.
Sales policy and buyer checks
For the first release of Tower F2 on Festival Island (September 2026), net usable unit prices range from VND 62–75 million per m². Listed prices (including VAT and maintenance fee) are VND 2.95–3.50 billion for 1BR, VND 4.20–4.80 billion for 2BR, and VND 5.90–7.50 billion for 3BR units. After the 3% Early Bird discount, Studios start from VND 1.98 billion (unit F21115 is about VND 1.987 billion). Discounted prices are VND 2.86–3.39 billion for 1BR, VND 4.07–4.65 billion for 2BR, and VND 5.72–7.27 billion for 3BR units. At The Onsen tower, prices range from VND 68–85 million per m².
For low-rise products on Elite Island, Sun Property issued an October 2026 sales policy. It includes a 10.5% discount for 100% early payment (applied until 25/10/2026), a 5% discount for non-loan buyers, and interest rate support for up to 24 months. Buyers also receive a construction finishing support package of VND 3 million per m² of floor area (including VAT), 3 years of free management fees, and Sun Signature privileges. Detailed calculation terms follow the developer's official policy notice. The developer has not yet published a price list for this release. Call 0915 718 305 for the latest figures. Expected handover across the project runs from Q4 2027 to Q1 2028.
Before you choose a property at Charmora City
Match your selection to the specific island, building and policy terms below.
- Choose between the three islands by function: Capital Island (68 ha, administrative), Festival Island (116 ha, entertainment and F2/F3 towers) or Elite Island (43 ha, Onsen/The Charm towers and low-rise rows).
- Check the plot frontage on Elite Island low-rise drawings, where townhouses start from 7.5 m and semi-detached villas start from 10 m.
- Compare apartment areas using both gross (DT tim tường) and net usable (DT thông thủy) figures, such as Onsen 1 units CH24 Studio (34.4 m² net), CH22 1BR+ (53.8 m² net) and CH21 2BR (65.9 m² net).
- Confirm which October 2026 Elite Island low-rise incentives remain active for your transaction, as the 10.5% discount for 100% early payment applied until 25/10/2026.
- Review the contract handover appendix against the expected Q4 2027 to Q1 2028 handover window, noting that interiors inside linked house D1502 (710.7 m² total floor area) are for display.
Charmora City FAQ
Who develops Charmora City?
How is the township organised?
Is The Elite show home open?
Are current prices confirmed?
What should an international buyer request?
What legal approvals does Charmora City have?
What is the sales policy for Elite Island low-rise homes?
Request the current project file
Tell us whether you are comparing Tower F2, The Onsen or Elite Island low-rise homes. Nha Trang Holdings can share Decision 456/QĐ-UBND, unit layouts and active price sheets. Call 0915 718 305 or email info@nhatrangholdings.vn.