In recent years, the land market in the old Dong Anh district has continuously witnessed fluctuations with many fevers stemming from planning information, transport infrastructure and super projects.
After a period of stagnation due to hot growth, in the past month, Dong Anh land has become more vibrant thanks to a series of key projects coming into operation or starting construction.
Accordingly, two large-scale projects including the Northern Smart City of Hanoi (Vinh Thanh Commune) which was started and the Vietnam Exhibition Center (Dong Anh Commune) inaugurated on August 19 are considered new symbols, creating expectations to bring Hanoi closer to the goal of a smart city, while creating momentum for real estate in this area.
Data from Batdongsan.com shows that since the beginning of August, land prices in Dong Anh have tended to increase slightly, mainly in beautiful locations, convenient for business.
In Dong Tru, Le Phap, Tien Duong, Uy No, the price increased from 200-250 million VND/m2 to 210-255 million VND/m2. The business frontage of Trung Thon village increased from 250-260 million VND/m2 to 260-270 million VND/m2. In Phuong Trach, the price increased from 200-230 million VND/m2 to 210-235 million VND/m2.
In Xuan Canh area, the land plots on the road have been adjusted from 130-150 million VND/m2 to 140-160 million VND/m2. Northwest of Phap Truong from 90-115 million VND/m2 to 95-120 million VND/m2.
In Tien Duong, the price ranges from 80-110 million VND/m2 to 84-115 million VND/m2. Nguyen Khe sets a new price level from 80-100 million VND/m2 to 85-105 million VND/m2. Land in small alleys, deep in the village in Van Noi, Bac Hong also increased from 53-60 million VND/m2 to 57-64 million VND/m2. For plots of land with large road locations in Xuan Canh, the price has increased from 85-98 million VND/m2 to 88-102 million VND/m2.
Although the selling price has been adjusted, according to brokers, the actual transaction volume is not strong, mainly small-scale. The reason is that the land price level in Dong Anh has been at a high level, many times pushed up by super projects and key infrastructure projects in previous years, making the current investment demand not too abundant, even if there is another boost from two large projects in August 2025.
Talking to Lao Dong, Mr. Pham Duc Toan - General Director of EZ Vietnam Real Estate Investment and Development Joint Stock Company - said that land prices have increased sharply in recent times due to scarce supply and speculative activities pushing up prices. Many investors have relied on the "hotness" of large projects to increase land prices in neighboring areas to high levels.
Mr. Toan recommends that investors pay special attention to liquidity when deciding to buy land at high prices. In case of buying plots of land in suburban areas without infrastructure or unclear legal status, the transfer possibility will be very difficult. Therefore, when investing, people should choose areas with reputable investors and adequate infrastructure to ensure safe capital flows and increase long-term profitability.
Assessing the land market from now until the end of 2025, Mr. Le Dinh Chung - Member of the VARS Market Research Working Group, General Director of SGO Homes - said that, psychologically, Vietnamese investors in general still pay a lot of attention to the land segment.
"Another important factor is infrastructure. When transport infrastructure is invested and expanded, connectivity becomes more convenient, people are willing to move away from the center to own real estate at more reasonable prices" - Mr. Chung said.
To ensure efficiency and limit risks when investing in land, Mr. Chung recommends that investors should avoid following the crowd psychology. In addition, investing in land needs to have a medium-term vision, with a capital recovery period of at least 1 to 3 years, instead of expecting to "surf" quickly.
