A recent survey by Batdongsan.com.vn shows that the price increase rate of Bac Giang land reached about 10 - 15% compared to the end of last year. Some places have better increases, reaching about 20%. Depending on each area, the transaction volume also increased by 20 - 40% compared to half a year ago.
Accordingly, land in Bac Giang city recorded an increase in selling prices in many areas. In particular, land in Ton Duc Thang area, near Big C city, has increased from 73 - 77 million VND/m2 to 84 - 90 million VND/m2.
Land in Tan My, near Mi Market, the land price offered ranges from 65 - 70 million VND/m2, an increase of 15% compared to December 2024. In less beautiful locations, also in urban areas, such as Dong Son, within half a year, land prices increased from 27 - 30 million VND/m2 to 31 - 36 million VND/m2. Land on Than Nhan Trung Street in My Do Ward also increased in price from 65 - 68 million VND/m2 to 72 - 78 million VND/m2.
For Viet Yen land in Viet Yen district, land near Van Chau industrial park, with a frontage of business roads, has also increased from 40 - 43 million VND/m2 to 45 - 52 million VND/m2.
Land in Quang Chau has also increased from around 30 million VND/m2 to 34 - 37 million VND/m2. Ninh Khanh land, next to National Highway 1A in Nenh Town, Viet Yen also increased in price by 15% compared to November 2024, reaching 55 - 58 million VND/m2.
In Hiep Hoa, commercial frontage land in Thang Town has also increased in price from 70 - 75 million VND/m2 to 80 - 84 million VND/m2. Land on National Highway 37, in Thang Town, also increased by 10% compared to before Tet, reaching 28 - 35 million VND/m2. In the same time period, land in Bac Ly residential area also increased from 38 - 40 million VND/m2 to 42 - 44 million VND/m2.
Mr. Tran Minh Duc - a land broker in Bac Giang - said that many investors with limited capital are focusing on buying plots of land with prices ranging from 30 - 40 million VND/m2. These investors prioritize products with transparent legal status and located near industrial parks. Land plots in low price range are recording an outstanding transaction volume in the current market.
Talking to Lao Dong, Mr. Le Dinh Chung - Member of the VARS Market Research Working Group, General Director of SGO Homes - commented that the real estate market in the Northern provinces is showing signs of a positive recovery in 2025.
According to Mr. Chung, this is the time for investors to look towards localities with strong development orientations such as Hung Yen, Bac Giang and Quang Ninh - where transport infrastructure is being invested in, creating a premise for a breakthrough in the future.
However, he also noted that to ensure sustainability, investors should choose satellite markets with a good development foundation, while converging factors on transportation, industry and methodical planning. In addition, to ensure efficiency and limit risks, investors need to pay attention to avoiding following crowd psychology. Investing in land at the present time requires a medium-term vision, with a capital recovery period of at least 1 to 3 years, instead of expecting to "surf" quickly.
