In the first months of 2025, the land market recorded many notable developments about the price and liquidity.
According to the newly announced data of the Vietnam Real Estate Brokers Association (VARS), in the first quarter of 2025, on the secondary market, transactions and land price recorded increased sharply. Especially in the coastal area of Hanoi, thanks to the benefits from a series of newly implemented projects with high selling prices. Even many villas and adjacent houses are abandoned for many years for sale at a price of up to 30%, even doubling compared to 2023.
Ms. Pham Thi Mien - Deputy Director of the Vietnam Real Estate Market Review Institute - said that the actual transaction amount and transaction price only recorded the increase in land lots with reasonable investment value, usually at less than 2 billion VND, with legal guarantee in areas where the infrastructure is implementing in reality or in low -rise products in urban projects around the area that have been invested in terms of infrastructure, full of facilities and facilities.
Accordingly, information on the merger of the province and city, resonating with many localities announcing the new land price list, many times higher than the current price list and FOMO psychology (fear of missing opportunities) of real estate investors, the land plot "fever".
Many localities recorded the price increased from 5 - 30% such as Ninh Binh, Ha Nam, Hai Phong, Bac Giang, Hai Duong, along the coastal areas of Hanoi ... However, the fact that transactions only recorded increases in provinces and cities are expected to be the merger center, transport infrastructure, economic and social development, real estate price ground are not too high.
Forecasting the segment of the land plot, Ms. Pham Thi Mien said that the plots of land plots and legal guarantee, in areas where the deployment infrastructure will continue to record the good price growth rate. The successful auctioned land continues to record the price many times higher.
According to the data of Batdongsan.com.vn, in March, the number of land search Hanoi increased sharply, at 52%, in Ho Chi Minh City increased by 31% and in other provinces, 54% compared to February 2025. Meanwhile, the popular land price in March in Hanoi in Hanoi increased by 42%, in Ho Chi Minh City increased by 7% and in other provinces, up to 67% compared to January 2023.
Compared to the first quarter of 2023, in the first quarter of 2025, the price of land plots in Hung Yen increased by 55%, Bac Ninh increased by 46%, Hanoi increased by 42%, Hai Phong increased by 21%... Price fluctuations in the southern provinces at a lighter level, Dong Nai increased by 30%, Binh Duong increased by 25%, Ho Chi Minh City increased by 5%...
Mr. Dinh Minh Tuan - Director of the Southern Region of Batdongsan - said that the above land price increased the above -mentioned number of advertisements, more specifically, the expected increase from the Seller, not entirely the actual trading price.
Mr. Tuan said that there are three factors that determine the sustainable real estate price increase in a locality: public investment, local economic foundation and immigration rate. If only increased based on the merger of a locality and urban area in a short time, not excluding the possibility of increasing virtual. If investing in rumors, the risk of risk is very large, especially for new investors to participate in the market or use financial leverage.
