The land market in early 2025 is recording many positive changes. In particular, the segment of subdivided land in the suburbs of Hanoi and some neighboring provinces is being sought after thanks to the advantage of low investment capital and good liquidity.
A survey in some suburban areas of Hanoi such as Dong Anh, Hoai Duc, Gia Lam or Soc Son shows that the price of subdivided land has increased by about 15-30% compared to the beginning of 2024.
In Dong Anh, plots of land with an area of about 45-50m2, previously fluctuated at 40 million VND/m2, now increased to 50-55 million VND/m2. In Hoai Duc area, especially near major roads and urban projects, land prices for subdivision also recorded a significant increase, from 35 million VND/m2 to 45 million VND/m2.
In Gia Lam, small plots of land near large urban areas are being offered for sale at VND60 million/m2, significantly higher than in early 2024. Soc Son district, this segment is also attracting strong attention, especially in the areas of Minh Tri, Minh Phu, Hien Ninh with an average price of 15-30 million VND/m2.
Not only the districts on the outskirts of Hanoi, but neighboring localities such as Bac Ninh, Hung Yen, Thai Nguyen also recorded clear price increases. In Bac Ninh, small plots of land near VSIP industrial park are priced from 25-35 million VND/m2, an increase of 15-20% over the same period last year.
In Hung Yen, especially in areas near large industrial parks and roads connecting Hanoi, land prices for subdivision of 50-80m2 ranging from 20-30 million VND/m2, some areas near the center have higher prices, at about 40-50 million VND/m2, recording an increase of 10-15% compared to the beginning of 2024.
Meanwhile, in Thai Nguyen, central areas of Thai Nguyen City and neighboring areas of Yen Binh Industrial Park, land prices of about 50-80m2 increased from 18 million VND/m2 to 25-28 million VND/m2 thanks to the advantage of connecting infrastructure and increased investment demand.
Mr. Nguyen Van Hung - an investor in Hanoi - said that in the past, he often aimed at large plots of land for long-term investment, mainly in areas with potential for infrastructure development.
Recently, I have switched to small-scale land plots because of their high liquidity, ease of buying and selling, and suitability for flexible capital flows. I see this trend not only coming from investors but also from real buyers, leading to strong demand increases, pushing selling prices up significantly, Mr. Hung shared.
Ms. Tran Thi Mai - another investor - also believes that small-scale subdivided land plots are a suitable choice for investors with moderate finances, especially when the cost of owning a house in Hanoi is getting higher.
Ms. Mai said: Previously, I had the opportunity to buy a 50m2 plot of land at a fairly reasonable price, but before I could decide, there was a buyer. In the recent transaction, I decided to spend money when I saw the right position and potential. In the long term, land in areas with development potential still has a certain attraction" - Ms. Mai shared.
Regarding the segment of divided land plots, Mr. Nguyen Van Dinh - Chairman of the Vietnam Real Estate Brokers Association - commented that divided land plots, completed legal documents in areas with developed infrastructure and high potential are still the segment that many people are willing to "pay". However, he also recommended that investors need to be cautious about the situation of prices being pushed too high due to the crowd psych effect. If not carefully considered, many people may have difficulty with liquidity when the market cools down.
