The land market is showing positive signs of recovery right after the Lunar New Year 2025. According to data from Batdongsan.com.vn, the number of listings and interest in land real estate has increased sharply after a period of stagnation before and during the Lunar New Year. In just the first week after Tet, the interest in real estate in Hanoi and Ho Chi Minh City increased 4 to 6 times compared to before Tet.
In Hanoi, in January 2025, the search demand focused on land in suburban areas such as Long Bien, Hoai Duc, Ha Dong. This shows the trend of expanding to areas with large land funds, developed infrastructure and good potential for price increases.
Meanwhile, in Ho Chi Minh City, the market has seen clear differentiation. Land plots attract attention mainly in District 9, where many infrastructure projects are being implemented and there is still a large land fund. While those who want to buy apartments are looking for apartments in District 2 and District 7, land plots are still an attractive investment channel in the context of limited supply.
In the provincial market, land plots are also a segment that receives great attention. In the North, localities such as Hai Phong and Hung Yen recorded a sharp increase in search levels in January 2025. Hai Phong, with its advantages of deep-water ports and developed industrial parks, is becoming a destination for many investors. Hung Yen, thanks to its proximity to Hanoi and the rapid development of new urban areas, has also attracted the attention of the land and villa market.
In the South, Binh Duong, Dong Nai and Vung Tau provinces continue to be bright spots in the real estate market. Binh Duong and Dong Nai, with the advantage of many large industrial parks, attract a large number of workers and experts, creating high demand for housing and real estate for rent. Vung Tau, thanks to its advantages in sea tourism and orientation to develop into a logistics center, has recently become an attractive investment destination.
Standing out in the Central region, Da Nang leads the country in terms of interest in land in January 2025. This city still maintains its position as one of the most vibrant real estate markets thanks to the strong development of tourism and modern transport infrastructure.
In many other localities, land plots continue to be a type of property that attracts much attention in the first months of this year. However, in response to questions about the possibility of a land price fever when large cities tighten regulations on land subdivision and sale and are affected by the new land price list, Mr. Dinh Minh Tuan, Director of the Southern region of Batdongsan.com.vn, commented that the market is likely to experience slight, localized, short-term increases in temperature in some areas, but it is very difficult to have a comprehensive land price fever like in 2022.
“The banking sector will still be cautious in lending for investment real estate, especially in provincial markets that have been locally hot. Changes in investment behavior will cause spontaneously divided land to run out of space, and investors will prioritize areas with good infrastructure connections and clear economic and service development potential,” said Mr. Tuan.
