According to Lao Dong, land prices in many areas of Dan Phuong district (Hanoi) are being advertised for sale at high prices, many of which have exceeded 200 million VND/m2.
For example, a 50.2 m2 plot of land in Mo Tan area, Go Meo commune is being offered for sale at 12 billion VND, equivalent to about 239 million VND/m2.
In Trung Vo area, Tan Hoi commune, a corner lot of 58 m2 is also being advertised for 14.5 billion VND, equivalent to more than 250 million VND/m2.
According to data from Batdongsan.com.vn, Dan Phuong land prices have continued to increase in the past three months. Compared to March 2025, the price of service land in Tan Hoi (areas near large projects) in a not-so-beautiful location has increased from 160 million VND/m2 to 170 - 180 million VND/m2. Service land plots with beautiful frontages and convenient business also recorded prices increasing from 190 - 220 million VND/m2 to 210 - 240 million VND/m2.
For residential land near large projects, the price will increase slightly from 85 - 90 million VND/m2 to 90 - 95 million VND/m2. The lots are located in a wide alley, two cars avoiding each other, currently priced at 42 - 53 million VND/m2, an increase from 40 - 50 million VND/m2 previously.
In Lien Trung commune, plots of land with a frontage for business, two-car roads are being offered for sale at 115 - 134 million VND/m2, an increase from 110 - 130 million VND/m2. Land in the village, in locations where it can be traded, also increased in average price to 55 - 60 million VND/m2, equivalent to an increase of about 10% compared to after Tet. Some beautiful lots recorded an increase from 80 - 90 million VND/m2 to 83 - 95 million VND/m2.
The increase in land prices has led to signs of improvement in purchasing power in the market. However, according to local brokers, demand mainly comes from investors, accounting for about 70%. Meanwhile, home buyers only account for about 30%, focusing on plots of land in the village.
Mr. Van Hai - a real estate broker operating in Dan Phuong - said that the implementation of a number of large projects along with the acceleration of transport infrastructure has further strengthened investors' confidence in the growth potential of the area. Thanks to that, although the land market in many other places is still gloomy, Dan Phuong still maintains a stable price increase and transaction volume.
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.
