As land funds become increasingly scarce in the central area, moving to suburban areas, where the market still has a lot of room for growth and prices are relatively low, is the direction of Hanoi land investors.
Mr. Tran Van Nam, an investor in Thanh Xuan district, Hanoi, started participating in the suburban land market in Hanoi quite early and witnessed many fluctuations in each period. Mr. Nam's "taste" is products that do not require too much capital and have clean legal documents. In 2023, he bought a 50m2 plot of land in Xuan Mai town, Chuong My district, Hanoi for 1.2 billion VND.
Mr. Nam shared: “At that time, I chose this area because the price was still cheap, close to the routes connecting to the center of Hanoi, suitable for medium-term investment. In November 2024, I sold the land for 1.8 billion VND, earning 600 million VND after nearly two years."
Currently, when the market is showing many positive signals in the land segment, Mr. Nam continues to research products in the price segment of 1-3 billion VND in Soc Son and Dong Anh, expecting these to be potential areas in 2025 thanks to the boost of traffic infrastructure and large projects.
Mr. Nam's story is quite common in the market. Dong Anh, Hoai Duc, Chuong My and Soc Son are prominent areas thanks to the improved infrastructure and land prices still having much room for growth. Real estate brokers said that plots of land with an area of 40-80m2, priced between 1.5-3 billion VND are the most sought after. These products often have clear legal status, are easily connected to the city center, and are easy to liquidate thanks to low capital.
According to information shared by some land investors, areas such as Soc Son and Chuong My are becoming destinations for investors with average budgets. Areas such as Hien Ninh, Phu Cuong in Soc Son or Xuan Mai in Chuong My have prices ranging from 15-35 million VND/m2, but still retain their appeal thanks to their potential for eco-tourism, industrial parks and large land funds. However, these areas often require patience from investors because it takes time to achieve the expected profit.
According to Mr. Pham Minh Dung, a real estate broker in Hanoi, current demand is focused on plots of land with an area of 40-80m2, with prices ranging from 2-5 billion VND/plot. Products with clear legal status, located near major roads or in areas with development potential are always top priority. Mr. Dung said: "Customers are increasingly cautious with land products, especially when the market is in a period of unpredictable fluctuations. Land with unclear legal status or being stuck in planning is not only difficult to sell but can also cause investors to suffer heavy losses."
Mr. Dung commented that the market in 2025 has many opportunities for land investors, but risks also increase if there is no careful preparation. He recommended that investors prioritize choosing areas with developed or strongly deployed infrastructure, carefully check the legality and limit the use of excessive financial leverage in the context of fluctuating interest rates.
Medium- or long-term investment in newly developed areas is also a suitable strategy, especially in areas such as Soc Son and Chuong My, where land prices are still low and have long-term growth potential.
