According to the report of Propertyguru Vietnam, the land plot segment in the first quarter of 2025 received great attention.
Notably, the land plot in the Northern provinces recorded a large level of growth. Compared to the first quarter of 2023, in the first quarter of 2025, the price of land in Hung Yen province increased by 55%, Bac Ninh increased by 46%, Hanoi increased by 42%, Hai Phong increased by 21%...
Mr. Dinh Minh Tuan - Director of the Southern Region of Propertyguru Vietnam - said that with the segment of land plots, North -South division continued, the North allocated wider and higher prices.
Notably, according to Mr. Dinh Minh Tuan, with the news of the merger of the province, reacting in areas with differentiation and interest in the highest land segment from the Northern provinces.
In the South, only the districts near Ho Chi Minh City have a strong growth in searching the segment of the land plot. However, the price has not recorded strong fluctuations in these areas.
Meanwhile, most of the Northern provinces have great fluctuations in the level of interest and price also grows strongly with continuous fluctuations. In March, Hai Duong was the province with the most powerful land price, an increase of 100% compared to January 2023.
The Vietnam Real Estate Brokers Association (VARS) has just released a report on the Vietnam Real Estate Market in the first quarter of 2025. Accordingly, in the favorable context, the Vietnamese real estate market in the last quarter had the first boot to activate the new cycle.
Notably, according to VARS, the land plot is a real estate segment affected by the recent market developments.
For example, a prominent development in the first quarter of 2025 is that the market is affected by planning information, investment, information on the merger of the province and city, resonating with many localities announcing the new land price list is many times higher than the current price list and FOMO psychology (fear of missing opportunities) of investors, making land plots at risk of virtual fever.
The price of land in many localities recorded the price increased from 5-30% such as Ninh Binh, Ha Nam, Hai Phong, Bac Giang, Hai Duong, along Hanoi.
However, in fact, transactions only recorded increases in provinces and cities that are expected to be the merger center, with transportation, economic and social infrastructure development, real estate prices are not too high.
In the secondary market, transactions and land prices also recorded sharply. Especially in the coastal area of Hanoi, thanks to the benefits from a series of newly implemented projects with high selling prices.
However, in fact, the amount of transaction and the transaction price only records the increase in land lots with reasonable investment value, usually at less than 2 billion dong, with legal guarantee in areas where infrastructure is implemented.
Mr. Nguyen Van Dinh - Chairman of Vietnam Real Estate Brokerage Association (VARS) - said that in the northern area, the price of land plots in some districts of Hanoi area is showing signs of local fever, there is a phenomenon of growth and then passing by.
In addition, land auction activities in some localities also attracted attention, affecting the real estate market. Also according to experts, investors need to be alert, avoid following the trend, investing in surfing in the crowd to limit the risk of burying capital.
