Investors interested in the apartment segment in Da Nang

Thu Giang |

Da Nang - According to real estate services company Savills Vietnam, the Da Nang apartment market is attracting the attention of investors.

Savills Vietnam said that the Da Nang apartment market is attracting a variety of customer groups, notably investors from Hanoi and Ho Chi Minh City with strong interest in the A-class (high-end) segment.

According to Savills Vietnam's report, the Da Nang market is having about 1,100 new apartments for sale in the first half of 2025. The average primary price reached 85 million VND/m2, an increase of nearly 27% per year. Notably, many luxury projects along the Han River have reached 130 - 200 million VND/m2.

Many real estate experts said that the increase of the Da Nang apartment market is supported by positive growth such as the accumulated FDI in the first 8 months of the year reaching 333.3 million USD, tourists exceeding 12.8 million.

Along with that are a series of key infrastructure projects being implemented in Da Nang such as Lien Chieu Port, International Financial Center (RFC), Free Trade Zone (FTZ), and international airport expansion. In particular, the administrative merger with Quang Nam has helped Da Nang City become a large urban area, expanding development space.

According to statistics from the real estate development research and consulting unit - DKRA Consulting, the apartment market in Da Nang has seen 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.

Cac du an chung cu dang trien khai tai Da Nang. Anh: Thu Giang
Apartment and apartment projects are being implemented in Da Nang. Photo: Thu Giang

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.

According to the website Batdongsan.com.vn, in the past 2 years, popular real estate prices (in general across the country) have maintained an increase in most types, with the strongest increase being land (up 44% compared to the first quarter of 2024) and apartments (up 42%). Other types including private houses, project land and townhouses increased by 28%, 14% and 1% respectively in the same period.

Mr. Nguyen Quoc Anh - Deputy General Director of Batdongsan.com.vn - analyzed that the continued upward trend in selling prices is the result of strong money supply growth through flexible monetary policies towards high economic growth, the prolonged shortage of primary supply, especially in large cities, along with investors' confidence in the potential for real estate price increase in the future.

According to experts, this shows that real estate is still an attractive investment and accumulation channel, but also poses challenges in housing access for people with low average incomes. This trend may continue if legal and supply bottlenecks are not completely removed.

Thu Giang
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