According to Lao Dong reporters, the land segment with an asking price of 1-2 billion VND/plot in the suburbs of Hanoi is sought after by many investors.
Mr. Nguyen Van Loi (living in An Khanh commune, Hoai Duc district) said that many plots of land that have been divided into plots and separate red books here are easy to trade and find buyers.
According to Mr. Loi, after the information that the district is about to become a district, the land segment is attracting great attention from investors. Especially plots of land with a selling price of 1.5-2 billion VND/plot, people are constantly asking for information for long-term investment.
Mr. Tran Hoang (real estate broker in Hanoi) informed that the auctions have a strong impact on the land market in Hoai Duc district, the level of interest and selling prices are increasing dramatically.
According to Mr. Hoang, there are plots of land here that have increased in price to 100-200 million VND/m2 after only a few months. The market even has the effect of "going with the rain" when land auctions increase, the selling price of land plots in the same area and neighboring areas also increases sharply.
Referring to this content, the Vietnam Association of Realtors (Vars) recently informed that the price of land plots that have been divided into plots and have full legal documents is having a strong recovery and growth momentum in 2025 in the context of reduced land supply due to regulations on tightening land subdivision and sale.
In particular, according to Vars, low-value plots of land, around VND30 million/m2 in areas with gradually completed infrastructure are being continuously searched for.
Commenting on the current real estate market, Mr. Le Dinh Chung - General Director of SGO Homes Real Estate Investment and Development Joint Stock Company - said that cash flow tends to shift, looking for new segments and markets.
Recent market developments show that this shifting trend is gradually taking shape and is quite clear. The group of financial customers has begun to shift to looking for new land because they have almost no opportunity to invest in the Hanoi market when the prices of apartments, villas, and townhouses are all too high.
Many real estate experts believe that in the context of high land prices in Hanoi, averaging 70 million VND/m2, investors are tending to "hunt" for land further and plots of land priced at 1-2 billion VND in suburban districts of Hanoi, especially in districts that are about to become districts.
