The land market in Hanoi and neighboring provinces has recorded many notable fluctuations in the last months of 2024 and early 2025. In particular, the small-area land segment in suburban areas has unexpectedly attracted strong interest from investors thanks to its low capital and easy liquidity advantages, leading to a significant increase in selling prices.
According to a survey by Lao Dong Newspaper reporters, the price of subdivided land in some suburban areas of Hanoi and neighboring provinces currently has an average price of 1.5-3 billion VND/plot, depending on location and area, an increase of about 10-25% compared to early 2024. In the suburban areas of Hanoi, land prices in Dong Anh, Soc Son, Hoai Duc and Thanh Tri districts are climbing thanks to benefits from key infrastructure projects and large urban areas.
For example, in Dong Anh, the price of subdivided plots of land with an area of 50-70m2 in Vinh Ngoc commune increased from 35-45 million VND/m2 in early 2024 to 50-60 million VND/m2 at the end of the year. In areas near major roads or near Nhat Tan bridge, the average price reached 65-75 million VND/m2; on major, busy roads, the selling price exceeded 150 million VND/m2. In Tien Duong commune, plots of land in the village but with wide alleys, the selling price fluctuated from 30-45 million VND/m2, an increase of about 20-30% compared to last year.
In Soc Son district, land near the town or Noi Bai airport area also witnessed a significant increase in price. Land in Phu Lo commune with an area of 60-80m2 is currently priced at 20-30 million VND/m2, compared to 15-18 million VND/m2 in early 2024. In Mai Dinh commune, land plots on the roadside increased from 20-25 million VND/m2 to 30-35 million VND/m2, even many plots on large roads near the airport are up to 45-55 million VND/m2.
From an investor's perspective, Mr. Tran Van Quang - a new investor in the market in Soc Son - shared: "Investing in land plots of moderate size in the suburbs of Hanoi or neighboring provinces has the advantage of not requiring too much capital like other segments. But if you buy the right plot of land with good potential for price increase, it can bring significant profits.
I bought a plot of land near the center of Dong Anh town for 1.8 billion VND, expecting the value to increase by 20-30% in the next 1-2 years when major roads are completed. This is a reasonable investment compared to inner-city areas."
Mr. Le Quoc Bao - an investor in Hung Yen - commented: "The land plots here are attracting attention thanks to the reasonable price compared to the potential. I just bought a 100m2 plot of land near Ring Road 4 for 1.9 billion VND. I think this area has good potential for price increase in the next few years when the infrastructure is completed."
In general, the land market in the suburbs of Hanoi and neighboring provinces, especially small plots of land, is attracting investors with many advantages. However, experts and experienced people say that investing in land requires caution to avoid unnecessary risks.
According to Mr. Tran Quang Huy - an experienced real estate broker, investing in this segment can also face many risks, especially in the context of a hot market. "Investors need to be more alert because there are areas where prices have been pushed too high, while the actual infrastructure is not commensurate. Many people buy because of the crowd mentality, even ignoring legal factors, leading to the risk of burying capital for a long time" - Mr. Huy warned.
