Land prices increase sharply but risks also increase
Land prices in the suburbs of Hanoi are constantly climbing, but investors are still cautious about spending money because transactions are not yet vibrant and are worried about the risk of "reaching the peak".
According to a survey at some hot spots in the suburbs of Hanoi such as Dong Anh, Hoai Duc, Gia Lam, Dan Phuong, the price of land for small plots has increased by 30-50% compared to the beginning of 2024.
In places near major infrastructure projects such as Ring Road 4, the price increase is even more obvious. In Song Phuong commune (Hoai Duc), the price of land for subdivision from 40-60 million VND/m2 at the beginning of last year has skyrocketed to 60-75 million VND/m2 at the beginning of this year. In Dong Anh, the average price is recorded at about 60-90 million VND/m2, beautiful locations near major roads even up to 120-150 million VND/m2, some places exceed 200 million VND/m2.
While prices have increased sharply, trading activities have not increased accordingly and investor sentiment is still quite cautious. Mr. Nguyen Minh Tri - a broker in the Dong Anh area - said that although the number of customers coming to see the land has increased, most of them are just surveying and have not decided to buy. See more...
How to look up land data information in 2025
Currently, the need to see information and land data of the people is extremely large, especially information and data related to ownership rights, planning, etc.
Pursuant to Article 59 of Decree 101/2024/ND-CP, the following forms of exploitation and use of land information and data are regulated:
1. Exploiting online on the National Land Information Portal, National Public Service Portal, Public Service Portal of the Ministry of Natural Resources and Environment, Provincial Public Service Portal, through SMS texting service, through web service and API services; exploiting through utilities and applications to create products and added value from the national land database according to regulations.
2. Exploit directly at the headquarters of the land data provider or the Department of Receiving and Returning Results for handling administrative procedures.
3. Exploitation through other forms as prescribed by law. See more...
Hundreds of plots of land in Hung Yen to be auctioned, priced from 9 million VND/m2
From now until the end of May, Hung Yen will organize an auction of the right to use many plots of land.
It is expected that on the morning of May 29, Sao Mai Group Joint Stock Auction Company will coordinate with the People's Committee of Hung Yen City to organize an auction of the right to use 27 plots of land for people to build houses on plots of land of auction areas in Hung Yen City in the 6th round of 2025.
The plots of land have an area of 87 - 126m2; the starting price of the plots ranges from 15 - 24 million VND/m2. The auction is conducted by direct secret ballot in one round for each plot of land according to the method of bidding up.
On the afternoon of May 29, the auction of the right to use 15 plots of land for people to build houses on plots of land of auction areas in Hung Yen city took place in the 7th round of 2025.
The plots of land have an area of 92 - 115m2; starting price from 15 - 19.8 million VND/m2. The auction is conducted by direct secret ballot in one round for each plot of land according to the method of bidding up. See more...
Unexpected developments in a series of million-dollar villas with few people in Ha Dong district
Despite the lack of residents, the townhouse and villa segment in Ha Dong district (Hanoi) is still being advertised for sale at expensive prices.
Research by Lao Dong reporters shows that in Duong Noi urban area (Ha Dong district, Hanoi), many townhouses and villas with completed rough construction are being advertised for sale at prices ranging from 200-300 million VND/m2.
For example, a 202m2 villa in a corner location, built with 4 floors, is being offered for sale at a price of up to 50 billion VND (equivalent to 246 million VND/m2).
In the same area, a villa with an area of 170m2 is being offered for sale at 28 billion VND, equivalent to about 170 million VND/m2.
In Geleximco Le Trong Tan urban area (Ha Dong district), there are currently a series of rows of villas and townhouses with few residents but are being offered for sale at high prices.
A villa here with an area of 90m2 is currently being sold for 17.9 billion VND, equivalent to nearly 200 million VND/m2. While about a year before, the price of these townhouses was only about 150-170 million VND/m2. See more...
