Cocobay Da Nang: reviews and facts
What is published about Cocobay Da Nang in Hoa Hai ward, Ngu Hanh Son, Da Nang, Vietnam, what official registers and other sources say, and what changed over time. Facts only, each with its source.
- Developer
- Empire Group vietnamfinance.vn
- Location
- Hoa Hai ward, Ngu Hanh Son, Da Nang, Vietnam
- Stage
- under construction · website dead vietnamfinance.vn
- Handover on record
- H1 2029 vietnamfinance.vn
- Permit or licence number
- not published
- Deposit protection
- not researched yet
- Page we read
- vietnamfinance.vn vietnamfinance.vn
- Last checked
- 5 Nov 2026
- Open data record
- VNM-001
In short
- Cocobay Da Nang is listed as under construction in Hoa Hai ward, Ngu Hanh Son, Da Nang, Vietnam, by Empire Group. vietnamfinance.vn
- The handover date on record is H1 2029. vietnamfinance.vn
- No permit or licence number is published in the sources we read. thoibaotaichinhvietnam.vn
- Of 12 developer claims we checked, 5 are confirmed by a register or an independent source, 0 are not yet verified and 7 are contradicted by another source. Open data record
What is promised
As published by the developer or on listing pages, in the wording of the source.
- Unit types: condotel, apartment, shophouse, townhouse, villa vietnamfinance.vn
- Permit authority: Da Nang People's Committee and Department of Construction vietnamfinance.vn
- Construction start: 2016 vietnamfinance.vn
- Handover promised: Q1 2029 vietnamfinance.vn
- no live developer project page: cocobay.vn now carries a generic page plus menus for unrelated projects (Sun Glory, Sun Galaxy, The Fullton); empiregroup.vn has an expired SSL certificate thoibaotaichinhvietnam.vn
- 2016 to 2019 marketing promised a 12% annual guaranteed return for 8 years (press) thoibaotaichinhvietnam.vn
- May 2024 restart schedule sent by Thanh Do JSC to Da Nang authorities (press), with block completions from Oct 2024 to Jan 2029 thoibaotaichinhvietnam.vn
Delivery and delay record
Every dated promise we found, how it changed and whether the date has passed. Status rules: promise tracker.
- Handover or completion: H1 2029 date still ahead
developer or listing page, copy of 5 Nov 2026 (SHA-256 c0e6c9ce9427d7cd) · Earlier dates on record: October 2024 (1 Nov 2026) vietnamfinance.vn - Construction start: May 2024 date passed, no evidence either way
developer or listing page, copy of 5 Nov 2026 (SHA-256 c0e6c9ce9427d7cd) vietnamfinance.vn
Permits and licences
- No permit or licence number is published in the sources we read.
- No permit number published by the developer. Press cites a 1:500 plan amendment (Decision 593/QD-UBND, 1 Feb 2019) and an architecture opinion (2328/SXD-QHKT, 2 Apr 2019), but Tuoi Tre reports the city found the project never received investment policy approval thoibaotaichinhvietnam.vn
Live check in the official registers
Queries the official registers we can reach for this country now and shows what each returns. Each answer is hashed (SHA-256); nothing is invented, a register with no data says so.
The six buyer checks
Public means the information is published. The level says who confirms it. Method: how we score.
| Check | Public | Who confirms it | What we found |
|---|---|---|---|
| Permit or licence number | no | contradicted by another source | No permit number published by the developer. Press cites a 1:500 plan amendment (Decision 593/QD-UBND, 1 Feb 2019) and an architecture opinion (2328/SXD-QHKT, 2 Apr 2019), but Tuoi Tre reports the city found the project never received investment policy approval thoibaotaichinhvietnam.vn |
| Deposit protection | no | not published | Nothing published; returns were paid to buyers' banks under three-way loan agreements, which is not deposit protection thoibaotaichinhvietnam.vn |
| Construction progress | no | confirmed by an independent source | No developer updates. Independent press: work stopped from early 2022; Sept 2025 site visit found unfinished, rusting blocks and no visible change after the May 2024 restart plan thoibaotaichinhvietnam.vn |
| Floor or site plans | no | not published | No unit plans published thoibaotaichinhvietnam.vn |
| Developer track record | yes | confirmed by an independent source | No track record published; the only delivered work is the partly opened Cocobay itself thoibaotaichinhvietnam.vn |
| No guaranteed returns | no | not published | Sold with a 12% per year guaranteed return (8 years, until 2026), which the developer stopped paying from 2020 thoibaotaichinhvietnam.vn |
Developer claims we tested
| Claim (source wording) | Result | Checked against | Source |
|---|---|---|---|
| Buyers guaranteed a 12% annual return for 8 years | contradicted | independent | e.vnexpress.net |
| Developer stopped paying guaranteed returns to about 1,700 buyers from 2020 | verified | independent | e.vnexpress.net |
| Project legally approved (1:500 plan amendment Decision 593/QD-UBND of 1 Feb 2019) | verified | independent | reatimes.vn |
| Project has investment policy approval allowing title certificates for buyers | contradicted | independent | vietnam.vn |
| Condotel buyers hold title | contradicted | independent | reatimes.vn |
| Construction restarts from May 2024 with blocks completed between Oct 2024 and Jan 2029 | contradicted | independent | thoibaotaichinhvietnam.vn |
| Site work is ongoing | contradicted | independent | vietnamfinance.vn |
| 10,000 rooms planned, about 3,000 built (2019) | verified | independent | e.vnexpress.net |
| Developer is Thanh Do Investment Development and Construction JSC (Empire Group) | verified | independent | vietnamfinance.vn |
| Developer financially sound (losses since 2017, VND 10.17 trillion of debt obligations as of 2018) | contradicted | independent | e.vnexpress.net |
| Developer may cancel buyer contracts unilaterally (notices Dec 2019 and 12 Mar 2024) | verified | independent | dantri.com.vn |
| Official project website still live | contradicted | cocobay.vn |
What changed, with dates
- 5 Nov 2026 · Hourly page check: developer page promises handover in 2029 (first reading by the hourly check) (SHA-256 97f252b760099339...) vietnamfinance.vn
- 1 Nov 2026: guaranteed-return language: yes to no vietnamfinance.vn
- Fingerprint of the developer page text on 5 Nov 2026: SHA-256
c0e6c9ce9427d7cd.... Anyone can check it on kolaboro.com/verify. kolaboro.com/verify
Public reports
What public sources report, with the link. We list reports; we do not judge the developer.
- No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read.
About the developer
- Head office: Hanoi, Vietnam vietnamfinance.vn
- Legal entity: Thanh Do Investment Development and Construction JSC (Cong ty CP Dau tu Phat trien va Xay dung Thanh Do), Empire Group vietnamfinance.vn
- No track record published; the only delivered work is the partly opened Cocobay itself vietnamfinance.vn
Similar projects
- The Residences at Mandarin Oriental Da Nang Vietnam · under construction
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- Capital Square Da Nang (Capital Square 2 and 3) Vietnam · under construction
- The Senique Hanoi Vietnam · under construction
Market context: Vietnam
- We track 11 projects in Vietnam. 64% publish a permit or licence number and 36% state deposit protection. kolaboro.com/m
Buyer reviews
There are no verified buyer reviews of Cocobay Da Nang yet. We publish a review only from a buyer who proves the purchase (fingerprint of the contract or receipt, signed with a passkey) and only after a moderator has read it.
Reviews waiting for moderation are not shown.
Right of reply
Are you the developer? Send documents and we add your reply to this page. Found a wrong fact? Tell us and we correct it with a dated note.
Reply as the developer Report a correction Questions to ask the developer
Before you pay
Paste the project link for a free live check of what official registers say. For a full desk review and a site visit by a local agent, order the pre-purchase check.
Questions buyers ask
Is Cocobay Da Nang legit?
Kolaboro does not label projects or developers. What the public record shows: No permit or licence number is published in the sources we read. Of 12 developer claims we checked, 5 are confirmed by a register or an independent source, 0 are not yet verified and 7 are contradicted by another source. The handover date on record is H1 2029. No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read. Check the sources on this page and ask the developer for documents before paying.
When will Cocobay Da Nang be delivered?
The handover date on record is H1 2029.
Who is the developer of Cocobay Da Nang?
Empire Group, according to the sources listed on this page.
Does Cocobay Da Nang have a permit or licence?
No permit or licence number is published in the sources we read.
Are there reviews of Cocobay Da Nang?
There are no verified buyer reviews yet. Buyers who prove their purchase can submit one; it is published after moderation.
Sources
Every fact on this page links to its source. Pages we read are fingerprinted and kept by date.
- vietnamfinance.vn https://vietnamfinance.vn/hien-trang-cocobay-da-nang-bo-hoang-keo-nay-cho-ngay-hoi-sinh-d1...
- thoibaotaichinhvietnam.vn https://thoibaotaichinhvietnam.vn/sieu-du-an-cocobay-sap-duoc-tinh-lai-mot-phan-gia-dat-18...
- cocobay.vn https://cocobay.vn/
- dantri.com.vn https://dantri.com.vn/bat-dong-san/hien-trang-cocobay-sieu-du-an-dinh-dam-mot-thoi-o-da-na...
- doanhnghiephoinhap.vn https://doanhnghiephoinhap.vn/cocobay-da-nang-vao-cuoc-choi-moi-43243.html
- e.vnexpress.net https://e.vnexpress.net/news/business/companies/condotel-developer-defaults-on-payment-of-...
- e.vnexpress.net https://e.vnexpress.net/news/business/companies/da-nang-condotel-developer-threatens-to-ca...
- e.vnexpress.net https://e.vnexpress.net/news/business/companies/da-nang-condotel-investors-saddled-with-de...
- e.vnexpress.net https://e.vnexpress.net/news/business/industries/guaranteed-returns-ploy-driving-condotel-...
- reatimes.vn https://reatimes.vn/da-nang-okayed-cocobay-turning-condotels-to-apartments-202191206163729...
- viettimes.vn https://viettimes.vn/da-nang-xac-dinh-lai-gia-dat-hang-loat-du-an-bi-thanh-tra-post183887....
- vietnam.vn https://www.vietnam.vn/sieu-du-an-cocobay-sieu-sao-bong-da-ronaldo-tung-quang-ba-se-thong-...
Last checked 5 Nov 2026. How we collect data: data policy. Facts quoted from sources are shown in the language of the source.