Recorded by Lao Dong reporter on August 29, many plots of land in the suburbs of Da Nang City have recently been increasing in price rapidly because land funds in the central area are gradually becoming scarce.
Ms. Nguyen Thi Ngoc (character's name has been changed, living in Hoa Xuan ward) said that after the administrative merger, the plots of land near her living area have nearly doubled.
"With 2 billion VND, it is difficult to buy a plot of land here. The 100m2 plot of land near my house in 2023 was only about 1.8 billion VND but is currently being advertised for nearly 3.2 billion VND. Many investors in the Northern region even come here to hunt" - Ms. Ngoc said.
Not only local people, but investors from other provinces and cities are also directing capital flow to Da Nang. Typically, Mr. Nguyen Van Quang (born in 1989) - an investor from Hanoi - shared that in July 2025, he had just paid to buy a plot of land in the (new) Hoa Xuan ward for 3.5 billion VND.
According to Mr. Quang, while the central land fund is gradually shrinking, areas such as Hoa Vang, Ngu Hanh Son or Hoa Xuan still have a lot of room, large land funds, synchronous infrastructure, which are being targeted by many investors with the purpose of welcoming the wave when the infrastructure is gradually synchronized.
A recent report by Savills Vietnam Real Estate Services Group shows that the land segment continues to dominate the Da Nang real estate market.
Notably, in the Nam Hoa Xuan area, land prices for some projects range from 38 - 65 million VND/m2, an increase of nearly 30% over the same period in 2024.
Land on the frontage of major roads is being offered for sale at 66 70 million VND/m2, land on the side is around 25-50 million VND/m2. Suburban areas such as the resettlement area at the foot of Ba Na mountain also increased by 10 - 20% compared to the beginning of 2025.
One of the major "catalysts" of this wave is the merger of administrative boundaries between Da Nang and Quang Nam (old). This creates unprecedented space for urban development, while activating the wave of investment flowing into suburban areas.
Mr. Nguyen Quoc Anh - Deputy General Director of Batdongsan.com.vn - said that Da Nang land prices have increased by about 30% in the first half of 2025. The selling price on the secondary market increased by 5 - 25% depending on the location.
Referring to this content, Mr. Nguyen Van Dinh - Vice President of the Vietnam Real Estate Association (VNREA) - commented that recently, Da Nang City is implementing many new technologies such as Free Trade Zone, Lien Chieu Port, International Financial Center, Da Nang - Hoi An urban railway line, Hoa Xuan bridge intersection cluster worth more than 1,570 billion VND...
The above reasons make the Da Nang real estate market show very positive signs of recovery, especially in the land segment. In particular, areas such as Hoa Xuan, Ngu Hanh Son... are expected by investors, because there are many land funds for development because of their location near the center and the advantage of synchronous planning and ecological landscape along the river.
Many real estate experts analyzed that after merging with the old Quang Nam province, Da Nang City has more space for project planning and urban development, no longer localized in some areas. However, investors need to pay attention to criteria such as development infrastructure, planning, legality, etc. before putting money down to avoid risks.
