Land prices in neighboring provinces of Hanoi such as Ha Nam, Bac Giang, Bac Ninh, Hung Yen, Hoa Binh and Vinh Phuc continue to record notable fluctuations.
According to a survey, in Ha Nam, land prices have a clear difference between regions. In Phu Ly city, land lots on main roads in the inner city can reach the highest price, up to 200 million VND/m2. Meanwhile, districts such as Kim Bang have prices ranging from 6.1 to 54 million VND/m2, Thanh Liem district from 1.6 to 18 million VND/m2, up to 200 million VND/m2, depending on location and development potential.
In Bac Giang, land prices also fluctuate depending on the area. Some areas of Bac Giang city have an average price of 90 million VND to 120 million VND/m2; Viet Yen district has an average price of about 27 million VND/m2; other routes such as Quang Trung and Nguyen Thi Luu also record high prices, respectively 95 million VND/m2 and from 32 to 90 million VND/m2.
In Vinh Phuc, with its infrastructure and tourism advantages, areas such as Vinh Yen, Tam Dao, Phuc Yen are attracting attention thanks to their proximity to Hanoi and potential for tourism and resort services. The common price of the new urban area Nam Vinh Yen is from 20-34 million VND/m2, the urban area Bac Dam Vac is about 35-88 million VND/m2 depending on location and area.
For Bac Ninh, the common price of land plots in many areas in the center of Bac Ninh currently ranges from 25-145 million VND/m2. In particular, in Tu Son town, the average land price is about 80 million VND/m2, and in Tien Du district, the average price is about 35 million VND/m2.
The trend of investing in land in the provinces surrounding Hanoi has recently become clear, especially after the strong development of infrastructure, transportation and industrial park projects. These factors are creating a major change in real estate investment strategies in these provinces.
However, not all areas develop equally. Experts recommend that investors pay attention to the actual development of each area, especially when choosing land with long-term growth potential. Areas near major roads, industrial zones, or infrastructure projects will have high profit potential, but at the same time face risks of infrastructure shortages or unclear development levels.
Commenting on the current land market, Mr. Pham Duc Toan - CEO of EZ Real Estate Investment and Development Joint Stock Company (EZ Property) - said that currently, some investors have begun to shift their investment trend to provinces and cities with good economic growth, synchronous infrastructure and relatively low prices. However, investors are still quite cautious in their investment decisions.
"From the second quarter of 2025, the real estate market in the provinces in general and the land segment in particular will achieve better liquidity and be more vibrant," said Mr. Toan.
