With a capital of about 1 billion VND, investors can own plots of land in some suburban districts of Hanoi or neighboring provinces, which have both potential for price increase and easy liquidity. Currently, areas such as Soc Son, Chuong My or neighboring provinces of Hanoi such as Bac Giang, Hoa Binh, Hung Yen are attracting much attention thanks to reasonable prices and convenient traffic connections.
According to a survey by Lao Dong Newspaper reporters, in Soc Son, land prices in some communes such as Minh Tri and Quang Tien range from 7-10 million VND/m2, while in Chuong My, the common price is from 10-12 million VND/m2, depending on location and development potential. With a common area of 80-150m2, the value of each plot of land is about 800 million VND to 1.5 billion VND, suitable for the budget of small investors.
Ms. Thu Ha - an investor in Hanoi - shared: "I just bought a plot of land in Soc Son for 9 million VND/m2, the total cost is less than 1 billion VND. Hopefully this area will develop more in the next few years when large industrial park and traffic infrastructure projects are completed, helping to increase the value of the land plot."
Similarly, Mr. Hoang Minh - a real estate broker - said that investors' search trend often prioritizes plots of land with low prices and potential for future transportation and services.
“For cheap land, areas with low prices are often places with underdeveloped infrastructure or limited utility services. Therefore, investors participating in this segment need to be patient and have a long-term vision, willing to wait for the area to develop further to increase real estate value. This is an investment strategy that requires careful research on local planning and development orientation as well as influencing factors such as traffic, industry or tourism in the future,” said Mr. Minh.
In the context of a volatile market, cheap land becomes a safe investment choice thanks to its potential for stable price increases and easy liquidity. For investors with limited budgets, land in areas with low prices is an effective solution to optimize profits.
Commenting on the land segment, Mr. Le Dinh Chung - Member of the Market Working Group of the Vietnam Real Estate Brokers Association (Vars) - said that from April 2024 to now, land prices in the suburbs of Hanoi have increased locally, and some neighboring provinces such as Bac Giang, Hung Yen, and Bac Ninh have also increased by 10-20% compared to the bottom period.
The expert predicts that the land market will only see positive signs in the second quarter of 2025. Therefore, people who want to buy land at this time need to determine a long-term investment vision, avoid investing massively according to the crowd effect, and need to determine a medium-term capital recovery of at least 1-3 years, instead of short-term investment.
