A survey shows that many apartment projects in the high-end segment with prime locations along the Han River have recently been advertised for sale from 100-150 million VND/m2.
In particular, there is a project (Bach Dang Street) for sale at about 7,500-4.700 USD/m2 (equivalent to more than 200 million VND/m2).
While riverside apartment prices have increased continuously since the end of 2024, it will not be until the second quarter of 2025 that the Da Nang land market will recover.
Selling a plot of land along the river in Hoa Cuong Nam ward (Da Nang), owner Nguyen Nam - said that the plot of land has a prime location along the Han River with an area of 99m2, selling price of about 10 billion VND, equivalent to 101 million VND/m2.
This owner also revealed to reporters that the land plot is located in a rare prime location, so it can be built for housing, combined with investment, business or after construction is completed, the site can be rented out.
In particular, after the administrative merger between Da Nang and Quang Nam, the land segment in the city center has attracted many investors.
The second quarter report of 2025 of DKRA Real Estate Services Group also pointed out that land transactions in Da Nang increased by 50% compared to the same period in 2024, the consumption rate reached 15% of primary supply. Primary prices increased by 6-8%, commonly around 32 -126 million VND/m2 in Da Nang, and 14-62 million VND/m2 in Quang Nam (old).
Not only in the land segment, in the first months of 2025, Da Nang City has 950 newly opened apartments, with an average primary price of VND85 million/m2, an increase of 27% over the same period in 2024. High-end projects along the Han River recorded 130 - 200 million VND/m2, setting a new price level.
Many experts believe that investor tastes have also changed significantly compared to the previous period. Instead of buying and investing according to the crowd mentality or large-scale speculation, investors are currently paying more attention to legal issues, only plots of land and projects with red books and clear planning are allowed to be traded.
According to the Commercial Real Estate Investment and Trading Service Company - CBRE Vietnam, the Da Nang real estate market is showing a promising picture in the first half of 2025, reinforced by a solid economic foundation, strong investment capital flows and a spectacular recovery of the tourism industry.
GRDP growth reached 11.7%, FDI capital poured in more than 62 million USD and the number of tourists reached 5.8 million, creating a comprehensive push for the market.
In particular, the merger with Quang Nam from July 2025 is expected to open up new development space, creating a big boost for strategic investors.
