A survey by Batdongsan.com.vn recorded that Hoa Lac land in Thach That area increased slightly in price, about 10% compared to July and August 2024. Accordingly, land in Tien Xuan commune with a road frontage has increased from 27 - 30 million VND/m2 to 29 - 32 million VND/m2. Land prices in Binh Yen also increased from 20 - 22 million VND/m2 to 22 - 24 million VND/m2.
Land in Thach Hoa commune, the location of the double road increased from 35 - 36 million VND/m2 to 38 - 40 million VND/m2. Also in Thach That area, Tan Xa land in front of business roads has increased from 34 - 36 million VND/m2 to 37 - 40 million VND/m2. Tan Xa land, 2 car bypass road, also increased in price from 22 - 25 million VND/m2 to 24 - 27 million VND/m2.
For the Quoc Oai land market, a new price level has also been established. For Hoa Thach land, for the pieces that cars can enter, the price also increased from 21 - 23 million VND/m2 to 23 - 25 million VND/m2.
At the location of provincial road 412B, Dong Yen land also increased in price from 37 - 41 million VND/m2 to 40 - 43.5 million VND/m2. For locations located deep in the village, the increase was also significant, from 9 - 11 million VND/m2 to 10.5 - 12 million VND/m2. Land in Phu Man increased slightly from 12 - 13 million VND/m2 to 13-14 million VND/m2. Phu Cat land also increased from 10 - 13 million VND/m2 to 11.5 - 14 million VND/m2.
Son Tay land, with pieces near the high-tech park, is also a hot spot in the Hoa Lac land market. Land on Dong Trang Street (Son Tay) in the location of a large road widened to 18m, near the planning of Metro 05 station, the price increased from 29-30 million VND/m2 to 30-31 million VND/m2.
Co Dong land in the location of a large road, cars avoid increasing prices from 26 - 29 million VND/m2 to 28 - 30.5 million VND/m2. Locations in the village, unable to do business, less beautiful, prices also increase from 12 - 14 million VND/m2 to 15 - 18 million VND/m2.
Mr. Tran Minh Hai, a real estate investor in Hanoi, commented that the Hoa Lac land market is benefiting greatly from the planning to develop Hoa Lac High-Tech Park into a smart science city. Along with that, transport infrastructure is invested synchronously with Hoa Lac - Hoa Binh Expressway, urban railway No. 5, along with a series of key projects such as Hanoi National University, Central Maternity Hospital, Facility 2 and Central Children's Hospital, Facility 2.
According to Mr. Hai, one of the factors that makes Hoa Lac land attractive is the low price, only 1/3 compared to the suburban areas of Hanoi with district planning. This has caused investment capital to continue to flow into the region, expecting the potential for price increase in the future.
Mr. Le Dinh Chung - General Director of SGO Homes Real Estate Consulting and Development Joint Stock Company - commented that to ensure efficiency and limit risks, investors need to pay attention to avoiding following the crowd psychology. In addition, investing in land at the present time requires a medium-term vision, with a capital recovery period of at least 1 to 3 years, instead of expecting to "surf" quickly.
