Talking to Lao Dong reporter, Mr. Nguyen Van Xuan (40 years old, living in Uy No commune, Dong Anh district) said that despite the continuous increase in prices, many families living in the inner city have recently tended to go to communes in Dong Anh district to buy land.
According to Mr. Xuan, many plots of land in communes of Dong Anh district such as Uy No, Hai Boi, Vinh Ngoc... are being offered for sale at quite high prices, from 80-150 million VND/m2. Many investors are hunting day and night when there are many real estate and housing development plans in the works in 2025.
Similarly, Mr. Phung Van Cuong (58 years old, living in Duc Thuong commune, Hoai Duc district) said that many plots of land here with an area of 50 m2 are being offered by owners for 5 billion VND, equivalent to 100 million VND/m2.
Having lived here for many years, Mr. Cuong was also very surprised when many plots of land in alleys and villages were also advertised for 70-80 million VND/m2.
According to Mr. Cuong, in recent years, the selling price of the land segment in Hoai Duc district has continuously increased due to the influence of project planning information and urban infrastructure. Especially when the Ring Road 4 Project is under construction.
Although there is no specific statistical data on the actual transaction volume in the market, the latest report from the website Batdongsan.com.vn shows that the real estate market in Hanoi in the first months of 2025 has shown signs of a positive recovery.
The most prominent of which is the land segment, which is leading in terms of purchasing demand.
According to the website Batdongsan.com.vn, in February 2025 alone, the number of land searches nationwide increased by 2-3 times compared to January 2025.
Many real estate experts believe that investors are paying more attention to real estate products, especially land in areas with planning information and infrastructure investment, projects such as Dong Anh and Hoai Duc districts.
However, opinions have also warned that although investing in infrastructure planning has long been a popular way of doing things, investors need to consider when using financial leverage because projects and infrastructure planning in the suburbs of Hanoi are often easily suspended and slow to progress.
Mr. Le Dinh Chung - a member of the Market Working Group of the Vietnam Real Estate Brokers Association (Vars) - said that the current real estate "wave" is only happening locally in Hanoi and has not spread to other provinces and localities.
According to Mr. Chung, it will not be until the second quarter of 2025 that the land market can witness more even development in many places.
However, when investors spend money to buy land at the present time, they need to have a medium-term vision, with a capital recovery period of at least 1 - 3 years, instead of expecting to invest in "surfing" to follow the infrastructure and project implementation.
