After working for 5 years, Ms. Hoang Thi Thuan - a marketing employee in Da Nang - received a salary of 12 million VND/month. This salary of her is considered stable but is only enough to cover rent, accommodation and daily living expenses.
"For those who work, with a monthly salary of 10-15 million VND/month and no support from their families, having an apartment in Da Nang is a distant dream" - Ms. Thuan said.
Similarly, Mr. Nguyen Van Duc (born in 1992) - an IT employee in Da Nang - said that with a monthly salary ranging from 12-15 million VND/month, the continuous increase in apartment prices in the city has narrowed the opportunity for young people to own a house.
According to Mr. Duc, many apartments in Da Nang City no longer have prices of about VND1.1.5 billion/unit. With a small amount of savings, if he borrowed more, he could only wait or look to buy projects far from the city center.
According to information from the Vietnam Association of Realtors (VARS), over the years, housing prices in large cities such as Hanoi, Ho Chi Minh City and Da Nang have continuously escalated, establishing new levels, while people's income has increased much more slowly.
Notably, this widening gap makes owning an apartment a big challenge, even for high-income workers.
Research data from the Vietnam Institute for Real Estate Market Research (VARS IRE) shows that in the second quarter of 2025, the apartment price index in Hanoi, Da Nang and Ho Chi Minh City increased by 87.7%, 69.8% and 48.3% respectively compared to 2019.
Currently, the average selling price in these 3 cities has reached 75.5 million VND/m2 in Hanoi, 66.4 million VND/m2 in Da Nang and 77.1 million VND/m2 in Ho Chi Minh City.
Referring to this content, the real estate development research and consulting unit - DKRA Consulting - analyzed that in the second quarter of 2025, the apartment market in Da Nang also experienced an imbalance in supply between segments. The supply of class A and luxury apartments accounts for about 77% of the total primary supply in the market.
In addition to the fact that the selling prices of new projects are constantly anchored at high levels due to most positions in the high-end and luxury segments, the general secondary price level generally does not fluctuate much.
The supply of new apartments in the third quarter of 2025 is expected to increase, ranging from 1,500 - 2,500 units, mainly concentrated in Da Nang (old). The A-class apartment segment (high-end) continues to account for a large proportion of the new supply structure to the market.
