According to Lao Dong Newspaper, in mid-April 2025, Luong Son is becoming one of the most sought-after suburban real estate markets. The launches of small projects or subdivided land plots have recorded a large number of people interested.
Mr. Nguyen Manh Linh - a long-time real estate broker in Hoa Binh City - said that the Luong Son market is currently mainly in the residential land and subdivision segment with quite cheap prices.
Not only possessing a prime location, fresh climate, and natural landscape, but the land price here is still much lower than in neighboring areas. Therefore, each sale attracted a large number of buyers, and the transactions took place quickly, causing many investors to regret being slow.
With plots of land with clear legal status, red books and located in good infrastructure planning areas, the possibility of price increases in the future is almost certain. Currently, the price of concrete road land in the alley ranges from 4 - 5 million VND/m2, while the most expensive locations such as Doi Sim market have reached 50 million VND/m2.
"Just having a plot of land successfully traded at that price, right opposite the gate of Doi Sim market," said Mr. Linh.
Similarly, Mr. Nguyen Chien Thang - a real estate broker in the Luong Son area - shared: "Only less than 40km from the center of Hanoi, Luong Son has an extremely convenient connection through Thang Long Avenue, National Highway 6 and the Hoa Lac - Hoa Binh route.
The travel time to the center of the capital only takes about 45 minutes. In the context of increasingly scarce and expensive land in Hanoi, Luong Son has become an ideal choice for both investors and those looking to find a place to settle down in the suburbs.
According to Mr. Thang, compared to areas such as Hoa Lac, Xuan Mai, or even suburban districts of Hanoi such as Chuong My, Quoc Oai, land prices in Luong Son are still easily accessible. Some residential areas have red books, synchronous infrastructure, currently only ranging from 7 - 15 million VND/m2 depending on location. For plots of land located near administrative centers and large roads, the price may be higher, but still 20-30% lower than in the border area of Hanoi.
The strong development of infrastructure, especially urban areas, suburban resorts and the expansion of Hanoi city to the West make the potential for land price increase in Luong Son easy to see. Many investors have "taken advantage" of the opportunity and put down money early, and after only 1-2 years, the profit has increased by one and a half times, or even double.
Talking to reporters, Mr. Nguyen Manh Cuong - Deputy Director of the Branch of the Land Registration Office of Luong Son District - said that thanks to its location bordering Hanoi, Luong Son always maintains its heat in the regional real estate market.
Land registration and transaction activities in Luong Son take place regularly, especially in the two segments of land and resort land. On average, the unit receives nearly 30 sets of documents per day. The most common of which is procedures related to subdivision, plot division and transfer of land use rights between individuals, Mr. Cuong informed.
