According to Lao Dong's records on real estate sales channels, land plot prices in Hanoi are being advertised at a very high level, even in some suburban areas, some places exceed 300 million VND/m2.
For example, a land plot in Linh Dam urban area (Hoang Liet ward, Hanoi) with an area of 60m2, a 5m frontage, a 7m wide entrance, and a 3m sidewalk is being offered for sale at 18.5 billion VND, equivalent to about 308.33 million VND/m2.
At the Den Lu III auction land plot (Tuong Mai ward), a corner plot with two fronts, an area of 138m2, a frontage of 17m was offered for sale at 300 million VND/m2, equivalent to about 41.4 billion VND/plot.
In Dong Anh commune area, a 140m2 corner plot in X1 Dong Hoi area, near Co Loa Vinhomes, located on a planned 40m wide road, is being offered for sale at 300 million VND/m2, equivalent to about 42 billion VND.
In addition, many suburban areas of Hanoi have also seen advertisements for selling land plots over 200 million VND/m2. For example, a plot of land divided into plots on Sai Dong street (Phuc Loi ward) with an area of 132m2 and a frontage of 6.8m is being offered for sale at a price of 37.7 billion VND, equivalent to about 285.61 million VND/m2.
In Dong Tru village (Dong Anh commune), a land plot with an area of 80m2 near Dong Tru bridge was offered for sale by brokers for 20.86 billion VND, equivalent to about 260.75 million VND/m2.
Talking to Lao Dong Newspaper, Mr. Tran Tien Hai - real estate broker in Hanoi - said that the land price level in many areas in Hanoi has been pushed to a high level, making it increasingly difficult to find cheap land plots.
According to Mr. Hai, the main reason is that many areas are being heavily invested in infrastructure, leading to a continuous increase in land prices. Meanwhile, if you want to find land plots with lower prices, buyers are forced to move to further areas.
Mr. Le Dinh Chung - Vice Chairman of the VARS Real Estate Market Research and Evaluation Council, General Director of SGO Homes - said that in 2025, the low-rise and land plot segment recorded an increase in asking prices of 5-10%. In the land plot segment, new asking prices recorded an increase of up to 20% due to prolonged supply scarcity.
Giving a general assessment of the land plot market in 2026, Mr. Le Dinh Chung - Member of the VARS Market Research Working Group, General Director of SGO Homes - said that land plots are still a segment that investors are interested in, but the level of interest will gradually decrease compared to the previous period.
Reality in the past period shows that when the market faces difficulties, products serving real housing needs, that is, built-up real estate, often have better liquidity, especially in large cities. At the same time, statistics also show that built-up real estate achieves better price increases and is more sustainable than land plot products.
According to Mr. Chung, the types that investors prioritize in the coming time include apartments in provincial markets and synchronously built housing projects. However, the requirements for investors to choose products have also become stricter. If previously, investment mainly relied on crowd psychology or planning expectations, now investors put forward clear criteria such as legal assurance, synchronous infrastructure and proximity to residential clusters.
