Apartment prices in Da Nang continue to peak

Thu Giang |

Da Nang - According to CBRE Vietnam, the average primary apartment selling price in Da Nang has increased sharply over the past year, reaching 85 million VND/m2 in June 2025.

According to new data from the global real estate services giant - Savills Vietnam, Da Nang is rapidly transforming into the next economic center of Vietnam, with a series of large-scale infrastructure projects opening up strong potential for urban expansion, industrial development and high-value real estate.

Regarding the developments in the real estate market, Savills said that the Da Nang apartment market recorded limited new supply in the period of 2021-2023, reflecting a quiet development cycle. Since the beginning of 2024, the market has gradually recovered, with positive growth continuing in 2025.

Also according to a report from the Commercial Real Estate Investment and Trading Service Company - CBRE Vietnam, the average selling price of primary apartments has increased sharply over the past year, reaching VND85 million/m2 in June 2025, an increase of 27% over the same period in 2024.

Most of the projects opened for sale from 2024 to present have prices from 65 million VND/m2 or more. In the first half of 2025 alone, the market will see luxury projects in the center and along the Han River with the highest selling price of up to 130 - 200 million VND/m2.

Du an nha o, chung cu ven song Han (Da Nang). Anh: Thu Giang
Housing and apartment project along the Han River (Da Nang). Photo: Thu Giang

According to statistics from the real estate development research and consulting unit - DKRA Consulting in the second quarter of 2025, there were more than 2,600 apartments in Da Nang City and surrounding areas launched on the market, with nearly 1,500 apartments sold, an increase of 30% over the same period last year.

DKRA Consulting experts - analyzed, the apartment market in Da Nang also experienced an imbalance in supply between segments. The supply of class A and luxury apartments accounts for about 77% of the total primary supply in the market.

In addition to the fact that the selling prices of new projects are continuously anchored at high levels due to most positions in the high-end and luxury segments, the general secondary price level generally does not fluctuate much compared to the first quarter of 2025.

According to this unit, the supply of new apartments in the third quarter of 2025 is expected to increase, ranging from 1,500 - 2,500 units, mainly concentrated in Da Nang (old).

The A-class apartment segment (high-end) continues to account for a large proportion of the new supply structure to the market.

Thu Giang
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