Starting from the beginning of 2025, the real estate market has gradually warmed up, many transactions, and even prices have skyrocketed. Not only in Hanoi but also in provinces such as Hung Yen, Ha Nam, Hai Duong, Nam Dinh..., land prices have increased, especially auctioned land, and have also received the attention of investors.
Recently in Hung Yen, the People's Committee of Dan Tien commune (Khoi Chau district) organized an auction of the right to use 41 plots of land for people to build houses, creating capital to build infrastructure.
The plots of land have an area of 74-133 m2/plot with a starting price of 25-48 million VND/m2. Participants need to pay a deposit of 380 million VND to more than 1.2 billion VND.
As a result, all plots of land were successfully auctioned. Of which, the plot of land with the highest winning price reached more than 158 million VND/m2, nearly 3.3 times higher than the starting price.
However, according to Lao Dong reporter's research, after the auction, many plots of land were offered for sale by real estate floors at a difference of VND500 million to more than VND1 billion/plot depending on the location.
Ms. Nguyen Thi Ngoc Mai (39 years old, an investor in Hanoi) shared that the price of real estate in Hanoi is currently too high, wanting to invest requires a large amount of capital and must accept risks, making it difficult to achieve high profits. Therefore, Ms. Mai and her investment group decided to go to localities to "hunt for land" in the areas that have been successfully auctioned.
"Before preparing to arrange the administrative boundaries of localities, our group started hunting for the auctioned plots of land to collect goods. When the arrangement of administrative boundaries is stable, land prices will likely increase" - Ms. Mai said.
Sharing about this shift, Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - said that the real estate market in Hanoi will become increasingly fierce with investors and only for "big-handed" investors with large investment budgets.
Smaller budget investors will find ways to move quickly to other provinces and territories. Therefore, sooner or later, the cash flow will flow out of Hanoi. This is also the same thing that has happened in previous real estate cycles" - Mr. Diep analyzed.
According to Mr. Diep, the shift of cash flow will help real estate projects in other localities to construct and complete, creating infrastructure for new lands, thereby helping the local economy develop.
Sharing with PV, Mr. Nguyen Quang Huy, Faculty of Finance - Banking of Nguyen Trai University (NTU), said that the escalation of Hanoi real estate prices has caused many investors and buyers to shift their direction to seek opportunities in neighboring provinces such as Ha Nam, Bac Ninh, Bac Giang, Hung Yen, Hai Duong, Nam Dinh, Thai Binh.
These are areas with strong development in industry, services, tourism and a synchronously invested and modern transport infrastructure system.
With reasonable prices, these neighboring provinces not only attract investors but also create conditions for people to stabilize their lives and work right in the locality, instead of having to face high living costs in Hanoi.
This also contributes to the formation of satellite cities, creating a new trend of living and working: People are no longer too dependent on Hanoi, but can settle down and make a living in places with good living conditions and equivalent potential for career development.
However, according to Mr. Huy, although there is a lot of potential, when investing in this area, investors need to pay attention to understanding the infrastructure, planning and legal aspects of the locality. Synchronous infrastructure and stable planning will help ensure sustainable real estate value growth.
