Talking to Lao Dong reporter, Mr. Nguyen Quoc Huy (35 years old, real estate investor in Hanoi) said that at the end of October 2025, he had just decided to buy an 80m2 plot of land in Quoc Oai commune for 46 million VND/m2.
According to Mr. Huy, compared to the stagnant period last year, land prices here have increased by about 10%. Hoping to increase prices over time, Mr. Huy said that the plot of land with a price of 50 million VND/m2 that has been divided into plots is a reasonable threshold for investment, making it easier to rotate capital flows than other areas when it has exceeded 70-100 million VND/m2.
Similarly, Ms. Nguyen Thi Tuyet (living in Thanh Tri commune, Hanoi) informed that although she is not a professional investor, when she saw that there were many plots of land in Thanh Tri and Thuong Tin areas for sale at more than 50 million VND/m2, she decided to spend money to buy them for investment.
Many investors such as Ms. Tuyet believe that although the central area of the capital is less likely to be under pressure to reduce real estate prices, the increase range is not as strong as in previous years. Investors' cash flow will tend to shift to suburban areas, where there is still much room for growth.
Data from the website Batdongsan.com.vn analyzed that in the past 5 years, Hanoi has led the country in real estate price increase with 112%, while Ho Chi Minh City is 42%.
The monitoring report of the National Assembly's Economic and Financial Committee at the 10th Session clearly stated that real estate prices in Hanoi and Ho Chi Minh City have increased rapidly, ranking in Group 8 out of 220 major cities in the world in terms of the high cost of real estate compared to income.
Notably, the land price level is unusually raised not because of real housing needs but because of "technical and hoarding" and especially the way land prices are calculated based on comparing with auctions or projects that increase, causing prices to always "follow" the previous price, creating a spiral of uncontrolled price increases.
The Hanoi Department of Agriculture and Environment has just submitted a draft on the development of the first land price list to be announced and applied from January 1, 2026. In particular, the proposed increase in residential land prices is concentrated in suburban communes with an increase of 20 - 26% depending on the area.
Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - analyzed that low-cost subdivided land plots are becoming a segment that attracts cash flow due to high liquidity.
In particular, many areas on the outskirts of Hanoi such as Hoai Duc, Dong Anh, Thanh Tri... are being promoted in planning and infrastructure completion, making the land segment here attractive when the starting price is still suitable.
