Triton - Quy Nhơn Sky Residence

About Triton - Quy Nhơn Sky Residence

Triton - Quy Nhon Sky Residence is a mixed-use residential condominium project developed by Arita Joint Stock Company (Cong ty Co phan Arita), on the plot at 72B Tay Son Street, Quy Nhon Nam Ward (the former Ghenh Rang Ward), Gia Lai Province — an area that belonged to Quy Nhon City, Binh Dinh Province before the provincial merger of 2025.

Construction began on 19 December 2025 with total investment of more than 3,508 billion VND, of which the investor's own contributed capital is more than 701 billion VND and the remainder is to be raised from credit institutions.

Under the investment policy approval decision, the development is scheduled for completion in December 2028.

On scale, the site covers 7,094 m2, of which more than 3,982 m2 is building land and more than 2,325 m2 is set aside for greenery, yards and internal roads. Two different floor counts are currently in circulation, and this deserves attention. The investment policy approval decision, as quoted by the press, states that the building has up to 4 basement levels and 35 – 46 above-ground floors, excluding the rooftop structure, technical floors and refuge floors; the news reports on that decision also describe it as a 45 – 46 storey apartment building.

The project data on CafeLand and the introduction pages run by distributors, on the other hand, state 48 above-ground floors, a height of over 181.9 m, around 1,524 apartments, a projected population of 4,672 residents and a construction density of 63.14% — this set of figures does not appear in the text of the approval decision published by the press, so it should be checked against the approved design dossier before being treated as official.

The apartment count itself is relatively consistent: groundbreaking reports mention more than 1,500 apartments, close to CafeLand's figure of 1,524.

The product mix comprises 1-bedroom units of 40 – 45 m2, 2-bedroom units of 45 – 58 m2 and 3-bedroom units of 60 – 64 m2. As of mid-2026 the project is in the site levelling and foundation stage.

About the developer. Arita Joint Stock Company is headquartered at 34 Nguyen Sy Sach Street, Vinh City, Nghe An Province, with Mr. To Tien Thang serving as Chairman of the Board and General Director.

The company operates in real estate investment and trading, project management, design consultancy and construction, and its delivered products in Nghe An include the Arita Home apartment building, the Arita UFO kindergarten, the Lung Lo building and several residential projects in Vinh City.

Triton - Quy Nhon Sky Residence is Arita's first large-scale project on the South Central Coast, so buyers should follow construction progress and the sales legal file closely — the written confirmation that the units are eligible for sale as future-formed housing, and the bank guarantee — before committing funds.

It is also worth noting that the websites currently promoting the project online, including tritonquynhonsky.vn, belong to distributors rather than to the developer (such pages usually carry a disclaimer that the information is for reference only and may change), so every figure on floor count, price, sales policy and progress should be checked against documents issued by Arita.

Who is it for? With compact units of 40 – 64 m2 and total prices considerably lower than beachfront apartments in Nha Trang or Da Nang, the project targets three groups: young families and working professionals in Quy Nhon who need a genuine home close to the centre; investors building long-term rental income from experts, lecturers and students around Quy Nhon University; and medium-term investors betting on the tourism and infrastructure momentum of Quy Nhon after Binh Dinh was merged into Gia Lai Province.

Conversely, investors who need cash flow immediately, or who prefer completed and handed-over products, should think carefully, as the project is still a long way from completion.

On price, the developer has not released an official price list. CafeLand's project data page states clearly that the level of 70 million VND/m2 is a rumored price, while the 2.8 billion VND per unit shown on its listing page is simply that rate applied to the smallest 40 m2 unit.

In practice, distributors are quoting indicative levels of around 1.8 – 1.9 billion VND for a 1-bedroom, around 2.2 – 2.4 billion VND for a 2-bedroom and around 2.5 billion VND for a 3-bedroom — all below the derived figure above.

Every price at this stage is therefore for reference only and may change once the original price list is issued. Happy Land tracks the project's sales launch directly and will send you the developer's original price list, the available inventory by floor and orientation, the payment schedule and the incentives offered in each round as soon as they are announced.

Contact Happy Land for advice comparing this project with the other coastal apartment developments in our portfolio.