Da Nang land growth is strong, apartments maintain impressive price increase

Như Hạ |

Da Nang - The Da Nang real estate market is bustling again with two prominent segments: land and apartments.

The Vietnamese real estate market is showing strong resilience and adaptation to macro fluctuations, with bright spots in key cities. Hanoi, Ho Chi Minh City, Hai Phong and Da Nang continue to affirm their outstanding appeal, recording impressive price growth in the 2021-2025 cycle.

According to data from Batdongsan.com.vn, Hanoi leads with an increase of up to 112%, followed by Hai Phong (+71%), Da Nang (+53%) and Ho Chi Minh City (+42%).

In the Central region, Da Nang - Quang Nam (formerly) is emerging strongly in the third quarter of 2025 thanks to three development pillars: trade - tourism, industry - logistics and border gate economy.

If Da Nang is a financial - trade - tourism center with bustling destinations such as Hai Chau, My Khe, Hoi An, Lien Chieu and Chu Lai will become the "capital" of industry - logistics, while Nam Giang will play the role of a strategic border gate, promising to form a new growth triangle.

The real estate market in the third quarter of 2025 accelerated strongly when the interest rate increased by 24% in Da Nang and 58% in Quang Nam compared to the same period last year. Selling prices also increased significantly, with an increase of 30% in Da Nang and 32% in Quang Nam.

Notably, cash flow from foreign investors is the main driving force, with interest from Hanoi increasing by 141%, from Ho Chi Minh City increasing by 32%, far exceeding the interest of local investors.

Bien dong gia ban va muc do quan tam bat dong san mien Trung. Anh: Batdongsan
Valuations in selling prices and interest in real estate in the Central region recorded growth momentum. In particular, the land and apartment segments have increased sharply. Photo: Batdongsan

In particular, land and apartments in Da Nang have exploded simultaneously. In the third quarter of 2025, land prices increased by 68% compared to the first quarter of 2023, apartments increased by 50%. Ngu Hanh Son (+33% price; +48% interest) and Son Tra (+41% price; +32% interest) are two outstanding hot spots. In particular, Da Nang apartments are among the tourist cities with the highest investment performance in the past two years, with a price increase of 146% compared to the first quarter of 2023.

In Quang Nam, land continues to hold the leading position, accounting for 83% of the search volume. Dien Ban (+36% price) and Nui Thanh (+22%) are becoming investment attractions thanks to the benefits of industrial parks and border economic zones.

According to Mr. Ha Nghiem - Director of Da Nang branch Batdongsan.com.vn, with the combination of the advantages of synchronous and modern infrastructure of Da Nang and the large land fund of the old Quang Nam, Da Nang City after the merger has opened up new and strong development space.

This is not only a driving force for socio-economic development in general but also real estate has become a clear benefit channel, reflected in strong growth in interest and selling prices in the past 9 months, surpassing other provinces and cities in the region.

In terms of type, the fact that apartments are being sought after more shows a shift in line with the development trend of modern urban areas. For land, although selling prices have grown strongly in 2025, they have only surpassed the peak in 2019 by less than 15% after 6 years. With a new development trend after the merger and an attractive price level, Da Nang land still has room for growth.

Như Hạ
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