According to records, the land market in suburban areas of Hanoi and neighboring provinces such as Hung Yen, Bac Ninh, Vinh Phuc, Hoa Binh is heating up again. Notably, the subdivided land segment has seen a significant price increase, with many areas increasing by 15-20% compared to the end of last year.
In Dong Anh, Soc Son, Thach That, Quoc Oai, land prices have increased significantly after a long period of stagnation. Plots of land with an area of 50-70m2, with their own red books are being sought after, especially after many localities tightened conditions for land division, causing supply to increasingly limit.
A survey shows that in Dong Anh, the price of divided land plots currently ranges from 55-75 million VND/m2, depending on the location. Land plots near major roads, areas with strong infrastructure development or near key projects can reach the threshold of 80-90 million VND/m2, even exceeding 100 million VND/m2.
In Soc Son, 50-70m2 land in the central areas of the commune has an average price of 18-25 million VND/m2, an increase of about 20% compared to the end of 2024.
In Thach That and Quoc Oai, residential land has its own red book, with an area ranging from 50-80m2 and currently has an average price of 25-40 million VND/m2. For lots near major roads or high-tech parks, prices can reach 45-50 million VND/m2, an increase of about 20-25% compared to the end of last year.
In Hoai Duc, the area bordering the inner city, small land prices continue to record a strong increase, many places have exceeded the 80 million VND/m2 mark, especially in areas near the belt road axis, the price can approach 100 million VND/m2.
In Bac Ninh, subdivided land in Tu Son area is currently being traded at 40-55 million VND/m2, an increase of about 12-15% compared to the end of 2024.
In Tien Du and Que Vo districts, land plots with an area of less than 70m2 currently range from 22-30 million VND/m2, an average increase of 15-20%.
In Hung Yen, Van Giang and My Hao areas are strongly attracting cash flow from investors, with land prices of about 35-50 million VND/m2, some beautiful plots, near large urban areas, can reach 55-60 million VND/m2, an increase of about 18-22% over the same period last year.
Hoa Binh is also emerging as a destination to attract investment in subdivided land, especially in Luong Son and Kim Boi. In Luong Son, land prices for small areas range from 12-20 million VND/m2, while Kim Boi has a lower price, about 8-15 million VND/m2, but the price increase trend is quite clear thanks to the infrastructure being invested heavily.
Mr. Nguyen Van Quang (37 years old - Dong Anh, Hanoi) - a land broker with more than 10 years of experience - commented that the subdivision market is reacting strongly to policy changes. "When the minimum area for land division is increased, the plots of land that have been separated and have clear legal status will become increasingly scarce, pushing up prices" - Mr. Quang said.
Ms. Le Thi Thanh (32 years old - Ha Dong, Hanoi) - another broker - commented that the land market in recent times has not had the same massive trading scene as the previous land fever period, but the demand for small plots of land remains stable. According to Ms. Thanh, customers today no longer rely on the psychology of surfing speculation but instead look for products with real value and transparent legal status. This explains why plots of land with their own red books and areas suitable for real housing needs always have better liquidity.
The increasing price of the subdivided land segment shows that the market still has attractive investment opportunities, although not as vibrant as in previous stages. Many investors believe that in the context of increasingly strict land division policies, small plots of land with complete legal documents will continue to be sought after in the coming time.
