After a period of hot increase and continuous establishment of new price levels, the land plot market in many suburban areas of Hanoi is recording a strong adjustment trend.
Data recorded on the Batdongsan. com. vn platform shows that in the former Uy No commune area (belonging to Dong Anh commune currently), land plot prices in May 2026 were commonly at 118 million VND/m2, down 31.8% compared to the peak of 173 million VND/m2 recorded in February 2026. This is a fairly strong decrease in just about three months.
In the former Van Noi commune area (belonging to Dong Anh commune currently), the common land plot price in May 2026 was at 85 million VND/m2, down 13.3% compared to the peak of 98 million VND/m2 recorded in March 2026.
Similarly, in the former Van Canh commune area (belonging to Dong Anh commune currently), land plot prices were commonly at 125 million VND/m2 in May 2026, down 12.6% compared to the peak of 143 million VND/m2 recorded in September 2025.
In the area of Tan Xa commune, former Thach That district (belonging to Hoa Lac commune today), land plot prices in May 2026 were commonly at 37 million VND/m2, down 24.5% compared to the peak of 49 million VND/m2 recorded about a year ago.
Meanwhile, in Dong Truc, former Thach That district (belonging to Ha Bang commune today), land plot prices are commonly at 38 million VND/m2, down 24% compared to the peak of 50 million VND/m2 recorded in February 2026.
Along with the price adjustment trend, surveys on online real estate sales sites also show that many land owners accept selling significantly lower than the regional price level.
For example, a 100m2 land plot in Binh Yen commune, former Thach That district (belonging to Hoa Lac commune today) is offered for sale at a price of 2.5 billion VND, equivalent to about 25 million VND/m2 and is advertised as "deep loss cut". Meanwhile, market data shows that the popular land price in Binh Yen is currently around 33 million VND/m2. Thus, the asking price is about 8 million VND/m2 lower, equivalent to about 800 million VND compared to the current price level. Data also shows that Binh Yen land prices have now decreased by 10.8% compared to the peak of 37 million VND/m2 recorded in March 2026.
In Phu Cat commune, a 128m2 land plot is offered for sale at a price of about 3 billion VND, equivalent to 24 million VND/m2. This price is about 640 million VND lower than the current popular price level in the area of 29 million VND/m2. According to market data, Phu Cat land prices have decreased by 12.1% in the past year and are currently 19.4% lower than the peak of 36 million VND/m2 recorded in June 2025.
Notably, in Nguyen Khe Urban Area (belonging to Phuc Thinh commune), a 80m2 subdivided land plot was advertised by the owner to "cut a loss of 1.5 billion VND" at a price of about 7.2 billion VND, equivalent to 90 million VND/m2. Meanwhile, market data shows that the common land price at this project is about 132.5 million VND/m2. Thus, the current asking price is about 42.5 million VND/m2 lower, equivalent to about 32.1% lower than the common price level of the project.
Sharing about the trend of land plot investment, Mr. Nguyen Anh Que - Chairman of G6 Group - said that investors need to be cautious and should only choose land plots with real housing potential and good business prospects.
According to Mr. Que, land prices need to be commensurate with the value of use and the ability to exploit cash flow, because in the past, many areas have been pushed up far beyond their actual value.
“From 2019 to now, the average land plot price has increased by about 50%, even higher in some places. Therefore, the possibility of further increase in the near future is not easy” - Mr. Que assessed.
