According to Lao Dong, land prices in Dong Anh district (Hanoi) are still high. Accordingly, a corner plot of land of 80m2, three open sides in Mai Hien resettlement area (Mai Lam commune), with a 30m wide road frontage, is being offered for sale at 215 million VND/m2, equivalent to more than 17 billion VND/plot. Meanwhile, a 108.6m2 plot of land on Vuon Dao Street (Dong Anh Town) was offered for sale at VND234 million/m2, with a total value of more than VND25.5 billion.
The latest data from Batdongsan.com.vn shows that land is the most vibrant segment of the real estate market in the first 5 months of 2025, especially in the suburbs of Hanoi and satellite cities. However, since May 2025, the level of interest in this segment has decreased. The reason is explained that the market has become more cautious after information related to tax policies, planning and waiting for clear changes in the merger of provinces and cities.
In Dong Anh, market developments also reflect the general trend. A survey from Batdongsan.com.vn shows that since May, the number of people looking to buy land here has decreased by about 50% compared to the vibrant period after Tet (March and April). In hot spots such as Dong Hoi, Dong Tru, Le Phap, Tien Duong, Vinh Ngoc... there is no longer the bustling scene of people going to see the land on weekends like before.
Mr. Tran Viet Duc - a real estate broker in Dong Anh - shared that if some localities only recorded a strong price increase after Tet thanks to the effect of administrative merger information, in Dong Anh, the market has been vibrant since 2024. However, up to now, when the market shows signs of cooling down, transactions in this area have also gradually slowed down.
Although the number of interest and transactions has decreased, Dong Anh land prices have not shown any signs of cooling down. Even in many areas, land prices are still flat or increase slightly compared to the peak period.
Accordingly, land in Dong Tru, Le Phap, Tien Duong, Uy No areas with beautiful locations and business potential is being offered for sale at 197 - 250 million VND/m2. In particular, Trung Thon village, located next to Vinhomes Co Loa project, recorded prices of up to 250 - 260 million VND/m2.
In Phuong Trach, land prices range from 200 - 230 million VND/m2. The land on Xuan Canh Street has not changed compared to the "fever" period, maintaining the price of 130 - 150 million VND/m2. The Northwest Le Phap area has prices from 90 - 115 million VND/m2.
In Tien Duong, land in alleys is currently being offered for sale at 80 - 110 million VND/m2; Nguyen Khe from 80 - 100 million VND/m2 with locations where businesses can do business. In remote areas of the village such as Van Noi and Bac Hong, small alley land is currently being offered for sale at 54 - 59 million VND/m2. Alley land in Xuan Canh alone also ranges from 86 - 100 million VND/m2.
Talking to Lao Dong, Mr. Pham Duc Toan - General Director of EZ Vietnam Real Estate Investment and Development Joint Stock Company - said that land prices have increased sharply in recent times due to scarce supply and speculative activities pushing up prices. Many investors have relied on the "hotness" of large projects to increase land prices in neighboring areas to high levels.
Mr. Toan recommends that investors pay special attention to liquidity when deciding to buy land at high prices. In case of buying plots of land in suburban areas without infrastructure or unclear legal status, the transfer possibility will be very difficult. Therefore, when investing, people should choose areas with reputable investors and adequate infrastructure to ensure safe capital flows and increase long-term profitability.
