According to Savills Vietnam Real Estate Service Group, the Da Nang apartment market is attracting a variety of customers, notably investors from Hanoi and Ho Chi Minh City with strong interest in the A-class segment (high-end segment).
A report by Savills Vietnam said that the Da Nang market will have about 1,100 new apartments for sale in the first half of 2025. The average primary price reached 85 million VND/m2, an increase of nearly 27% per year. Many luxury projects along the Han River reached 130 - 200 million VND/m2.
According to economists, the increase of the Da Nang real estate market is supported by a series of key infrastructure projects such as Lien Chieu Port, International Financial Center (RFC), Free Trade Zone (FTZ), and international airport expansion. In particular, the administrative merger with Quang Nam has helped Da Nang become the largest urban area in Vietnam in terms of area and expanded development space.
In that context, data from the website Batdongsan.com.vn analyzed that Hanoi is leading in real estate price growth in the period of 2021-2025 with an increase of up to 112%, followed by Hai Phong with an increase of 71%.
Representative of the Central region, Da Nang, also impressed with an increase of 53%, while Ho Chi Minh City recorded a price increase of 42% within 5 years.
Data from the Vietnam Institute for Real Estate Market Research and Evaluation (VARS IRE) shows that in the second quarter of 2025, the apartment price index in Hanoi, Da Nang and Ho Chi Minh City increased sharply.
Compared to the previous quarter, the average selling prices of the projects increased in Hanoi (nearly 88%), Da Nang (nearly 70%) and Ho Chi Minh City (more than 48%). Currently, the average selling price is 75.5 million VND/m2 in Hanoi, 66.4 million VND/m2 in Da Nang and 77.1 million VND/m2 in Ho Chi Minh City.
Referring to this content, Mr. David Jackson - General Director of global commercial real estate company Avison Young Vietnam - emphasized that the Da Nang real estate market is witnessing an explosion of the high-end and luxury apartment segment.
Although new supply in the quarter is not too abundant, upcoming projects are expected to heat up the market, focusing mainly on coastal "golden land" locations and city centers.
According to Lao Dong, apartment projects in Da Nang are landing in strategic areas. Notable is the My Khe coastal area, which has a direct view of the sea, attracting the upper class.
In addition, Bach Dang Street (a symbolic walking street of the city) and Ngo Quyen Axis (the focus of infrastructure and commercial development), these are considered "magnetic points" attracting investors to develop large real estate.
