If you came across the name "Q1 Tower Quy Nhon," you've found the right project. It's the working name this development carried through its land auction and permitting phase, before launching sales under the name Q'Terra. The site, the address, and the physical plan are unchanged: 1 Ngô Mây, a public land auction at the city's central roundabout, and two 40-floor towers now under construction.

Large beachfront projects in Vietnam commonly carry a working name for years before their public sales launch, and switch to a market-facing name once pricing and floor plans are ready to release. That's what happened here: "Q1 Tower" through the approvals and construction-permit stage, "Q'Terra" for the current sales launch. If you were tracking this project under the old name, everything you were watching for, unit pricing, floor plans, the sales-office opening, is now live under Q'Terra.

What's actually changed since the Q1 Tower name was in circulation is Quy Nhơn itself. The city became the administrative capital of a newly merged province in July 2025, with a funded airport upgrade and a new expressway to the Central Highlands now under way. See our market overview for the full growth story behind the timing of this launch.

Is Q1 Tower Quy Nhon the same project as Q'Terra?

Yes. Q1 Tower was the project's working name during an earlier phase of development. It's the same site at 1 Ngô Mây, now selling under the name Q'Terra.

Has the location or unit mix changed?

No. It's the same 5,245 m² parcel at Quy Nhơn's central roundabout, facing Nguyễn Tất Thành Square and the beach, with two 40-floor towers and 864 residences.

Why do large projects change names?

It's common in Vietnamese real estate for a project to carry a working name through land auction, permitting, and construction, then launch sales under a market-facing name. Q1 Tower was that working name; Q'Terra is the name it launched under.

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