Update of Da Nang City land price list in 2025 after merger
The People's Committee of Da Nang City issued Decision 45/2025/QD-UBND dated June 26, 2025 to adjust and supplement land prices for a number of routes and areas in the land price list in Da Nang City.
Accordingly, in Decision 45/2025/QD-UBND in 2025, the People's Committee of Da Nang City has decided to adjust and supplement land prices for a number of routes and areas in the Land Price List in Da Nang City with the following content:
Adjusting residential land prices, commercial and service land prices, non-agricultural production and business land prices that are not commercial and service land in urban and rural areas; prices of agricultural land. The results of the adjustment are in Appendices I, II, III, IV attached to Decision 45/2025/QD-UBND in 2025.
Adjusting land prices for 16 newly named roads in Resolution No. 66/2024/NQ-HDND dated December 13, 2024 of the City People's Council. The results of the adjustment are in Appendix V attached to this Decision.
Adding point c1 after point c, clause 4, Article 10 of Decision No. 09/2020/QD-UBND dated April 7, 2020 of the City People's Committee (adjusted and supplemented in Clause 8, Article 1 of Decision No. 12/2022/QD-UBND dated June 24, 2022 of the City People's Committee) as follows: "The land price at the people's market and wholesale market is equal to 60% of the price of non-agricultural production and business land that is not commercial service land in the same location". See more...
Unexpected developments in apartment prices at the end of the year, the market exceeds all forecasts
The developments in the apartment market surprised experts, as prices continued to increase sharply, contrary to previous forecasts that the market would cool down.
Recently published information from the Ministry of Construction shows that in the first 9 months of 2025, the average selling price of primary apartments in Hanoi reached 70-80 million VND/m2, an increase of 5.6% compared to the beginning of the year and 33% compared to the same period in 2024.
Notably, many luxury projects have recorded prices from 150 to 300 million VND/m2. In Ho Chi Minh City, the average primary price is about 75 million VND/m2, stable compared to the first quarter of 2025 but increasing by 36% compared to the same period last year. Some high-end projects in the center and new urban areas have reached the threshold of 150 million VND/m2 or more.
According to Mr. Nguyen Minh Hai - a real estate broker with more than 10 years of experience in Hanoi, "never before has the Hanoi apartment market increased prices as strongly as this year. Even projects opened for sale far from the center have increased by several million VND per square meter in just a few months, mainly due to the fear of prices continuing to escalate".
Mr. Hai said that many customers have shifted from the mentality of waiting for discounts to "buying early to get cheap prices", making transactions in the mid- and high-end segments still vibrant. See more...
From now on, recovered agricultural land will be compensated at market price
Approving investors of 3 social housing projects in Quang Ninh
The People's Committee of Quang Ninh province has just issued a decision to assign investors to implement 3 more social housing projects on 20% of the land funds of urban area projects.
Accordingly, the People's Committee of Quang Ninh province assigned the investor to implement the Social Housing project at the AOM-72 plot of land, under the Sub-zone 2 Planning, Ha Khanh Ward, Ha Long City (now Cao Xanh Ward, Quang Ninh Province)
The investor is the Joint Venture of My Quyen Trading Investment Joint Stock Company and Toan Cau Financial Investment Joint Stock Company. The project's operation period is 50 years from the date the investor is decided to allocate land and lease land.
According to the above decision, the investor will invest in building apartments, with a maximum height of 25 floors, with 1,789 houses, including 1,750 social housing houses and 39 low-rise townhouses. The total investment capital of the project is VND 2,266 billion. Expected to be put into operation in the fourth quarter of 2028.
Also in Cao Xanh ward, the People's Committee of Quang Ninh province assigned the Joint Venture of Gland Real Estate Joint Stock Company and Toan Cau Financial Investment Joint Stock Company to implement the Social Housing project at a 20% land fund of the Housing Group project Northwest of Tran Thai Tong street. See more...
