A series of large projects are launched, cautious Da Nang land prices are feverish

Thu Giang |

Da Nang - Infrastructure planning along with the implementation of a series of large projects has made the land segment in the city attract attention.

Since the beginning of 2025, Da Nang City has simultaneously implemented outstanding projects and infrastructure such as the First Free Trade Zone (FTZ) Project in Vietnam, International Financial Center (RFC) to transport infrastructure projects such as seaports, coastal roads, international airports... attracting many real estate investors.

Notably, the acceleration from infrastructure has caused the land segment in Da Nang City to continuously increase.

According to a survey by Lao Dong, many plots of land in Hoa Xuan ward are receiving special attention from investors. Notably, the price of an 8m wide road plot is being advertised by people at 55-60 million VND/m2, an increase of 20-30% compared to 2024.

In Ngu Hanh Son ward, land prices are fluctuating around 40-65 million VND/m2, even land plots in prime locations have appeared with prices of 200-225 million VND/m2, an increase of more than 20% compared to mid-2024.

In wards such as Lien Chieu, Hoa Khanh... land prices mainly fluctuate around 50-60 million VND/m2, an increase of 20% after a year.

Mot goc cua TP Da Nang. Anh: VGP
A corner of Da Nang City. Photo: VGP

According to a report by DKRA Group, the consumption of the Da Nang land market in the second quarter of 2025 increased by 50% over the same period.

Transactions in the land market are mainly concentrated in the product group with an average price of about 54 million VND/m2. The average primary land price has increased slightly by about 6-8% over the same period. In the secondary land market, the price increased by 7% compared to the first quarter of 2025.

Recent statistics from the website Batdongsan.com.vn show that in Da Nang, the land areas of Hoa Xuan - Cam Le, Hoa Ngai - Ngu Hanh Son are leading the search.

Experts from Batdongsan.com.vn believe that the arrangement and merger of provincial-level administrative units officially taking effect from July 1, 2025 is considered one of the factors contributing to a significant increase in the number of real estate transactions in the market, especially land and apartments.

Referring to this content, Mr. Nguyen Quoc Anh - Deputy General Director of Batdongsan.com.vn - said that Da Nang land has increased by about 30% in the first half of 2025. The selling price on the secondary market increased by 5 - 25% depending on the area.

Many real estate experts believe that there is a shift in capital flows from Hanoi and Ho Chi Minh City to Da Nang, starting from a much more accessible price level than in the two major cities.

Real estate experts also analyzed that investors admit that the real estate market is currently more "screening", only land products with clear legal status and complete infrastructure are easier to trade.

In particular, the land segment with full legal documents and completed infrastructure will be a sought-after target for investors in the context of a scarce market supply, the 2023 Real Estate Business Law has banned the subdivision and sale of land.

Thu Giang
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