Witnessing the increasing price of apartments, Mr. Nguyen Van An (character's name has been changed, living in an apartment in Son Tra ward) - informed that he was quite surprised when the price of apartments here was being resold at 1.7 billion VND/apartment.
"A 2-bedroom apartment with an area of only about 54 square meters is being advertised for about 1.7 billion VND/apartment, depending on the area. Meanwhile, about a year ago, the selling price here was only from 1-1.2 billion VND/unit, an increase of nearly 500 million VND" - Mr. An said.
Faced with the rapid increase of the apartment segment, Mr. Nguyen Manh Cuong (35 years old, renting a house in Lien Chieu ward) has also put aside his plan to buy a house, switching to looking for projects in the suburbs of the city with the hope that the price will be more affordable.
According to Mr. Nguyen Manh Cuong, many of his friends have chosen to move to suburban areas to buy land for a house, accepting to work further to reduce financial pressure.
Talking to Lao Dong, Mr. Hoang Van Thai - a real estate broker in Da Nang City - also admitted that not only land, the apartment segment in Cam Le Ward, Son Tra has been continuously increasing in price in recent times.
In particular, apartment projects located in prime locations with clear legal status and near the center attract people with housing needs.
According to data from the Central Steering Committee on housing policies and real estate market on the afternoon of September 22, in the first 9 months of 2025, the whole country has more than 1,000 commercial housing projects, of which 960 projects are under construction, with a total scale of nearly 149 thousand apartments and more than 249,000 individual houses.
The total number of real estate transactions reached about 430 thousand transactions, an insignificant increase compared to the same period in 2024, the market showed signs of recovery but was still locally. The apartment segment increased slightly in large cities, mainly in the mid-range segment; commercial land prices stagnated.
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.
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.
