Talking to Lao Dong reporter, Mr. Nguyen Van Kien (38 years old, a long-time real estate investor in Hanoi) said that recently, he is aiming for suburban land areas with reasonable prices, gradually completed infrastructure, and high profitability.
Mr. Kien said that due to idle money, he is planning to spend money to buy an 80m2 plot of land in Soc Son district for 1.8 billion VND. Mr. Kien hopes that in the next few years, the development of transport infrastructure and the urbanization process will help land prices here grow.
Similarly, Ms. Le Thi Thanh (55 years old, living in Vinh Ngoc commune, Dong Anh district) informed that the suburban land market is gradually becoming vibrant, especially with plots of land with clear red books, transparent legal status, prices under 2 billion VND being sought after by many people.
Ms. Thanh further analyzed that these plots of land often do not need to be advertised too much but are still sought after by customers and quickly closed. Many investors who buy at this time often have the purpose of holding assets for a long time, waiting for opportunities to increase prices, or intending to build houses later.
According to the market report for the first quarter of 2025, Mr. Dinh Minh Tuan - Business Director of Batdongsan.com.vn - commented that the land segment is experiencing the highest level of interest and the number of posts has increased the most.
Dr. Nguyen Van Dinh - Chairman of the Real Estate Brokers Association (Vars) said that the real estate market on the outskirts of Hanoi from May 2024 to March this year has increased in price very high. In particular, the land segment under 2 billion VND/plot is of interest to many people.
In addition, from the beginning of March 2025 to now, information about the merger of provinces and cities has caused investors to look for places predicted to become administrative centers to buy houses and land. Real estate prices in these areas have also been pushed up very quickly.
Referring to this content, economic expert Dr. Nguyen Minh Phong said that land prices in the suburbs of Hanoi have increased continuously in recent years, causing many investors to wait and observe the market before deciding.
Dr. Nguyen Minh Phong analyzed that this period has many potential risks, especially for new investors entering the real estate market. Real estate prices not only depend on merger information but are also affected by many other factors such as infrastructure, location, job demand, immigration, and local economic foundation.
Therefore, according to experts, investors need to pay attention to risks such as the planning of each locality may change, so there may be a potential risk of buying land at a price higher than the real value, especially in areas with heating up and virtual fever.
