Real estate market data for the second quarter of 2025 continues to record Hung Yen as a bright land market in the Northern region with a price growth rate of 75% compared to the first quarter of 2023.
Previously, in the first quarter of 2025, Hung Yen was in the top of the provinces with the most searches. Compared to the beginning of 2025, the Hung Yen land market continues to have an increase in selling prices.
In Van Giang commune (merged from Van Giang town, Lien Nghia commune and Tan Tien commune), plots of land in the Van Giang roundabout area have increased in price from 125 - 150 million VND/m2 to 135 - 160 million VND/m2.
With less beautiful locations, the plots of land on the main road that can be used for business in Van Giang commune have also established a new price level, reaching 65 - 78 million VND/m2, replacing the price of 50 - 60 million VND/m2 at the beginning of the year.
Land in Phung Cong, Xuan Cao and Jiuzhaigou (old) areas also recorded an increase, from 40 - 55 million VND/m2 to 44 - 58 million VND/m2. Service land in Van Giang commune is no less than residential land when the selling price has increased from 78 - 120 million VND/m2 to 84 - 126 million VND/m2. For service land plots with less crowded locations, a new price level has also been formed, increasing by an average of 3 - 5 prices compared to the end of last year, ranging from 40 - 55 million VND/m2.
Not only Van Giang, land in Hung Yen city also increased significantly. For example, business land on Luong Dinh Cua, Ta Quang Buu, Ton That Tung streets in Pho Hien ward (Hung Yen city) has increased in price from 30 - 35 million VND/m2 to 33 - 38 million VND/m2. On An Vu, Nguyen Bieu, Nguyen Van Linh streets in Pho Hien ward (old Hien Nam ward), the selling price also increased from 26 - 32 million VND/m2 to 28 - 35 million VND/m2.
Land on Huynh Thuc Khang Street (Son Nam Ward) is being offered for sale at 33 - 36 million VND/m2, an increase of about 10% compared to 3 months ago. In particular, beautiful plots of land in this area are currently being offered for sale at prices ranging from 44 - 47 million VND/m2.
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.
"Because the total value of a plot of land is often moderate, it does not require immediate construction. In addition, many people buy land for reserve, with the desire to build after 3 - 5 years, so this is a suitable choice for both residential and investment needs" - Mr. Chung said.
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. At the same time, businesses and production facilities also tend to shift to infrastructure, creating momentum for socio-economic development in these areas.
Assessing specific markets, Mr. Chung said that Bac Ninh and Hung Yen are prominent localities, receiving great attention from investors. In particular, Hung Yen has recently continuously seen the appearance of many large-scale projects of leading real estate corporations, making this area the focus of investors.
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.
