Records of Lao Dong reporters show that recently, many plots of land in Long Bien and Ha Dong districts (Hanoi) have continuously increased in price.
For example, in Long Bien district, a 70m2 plot of land in Phuc Dong ward (Long Bien district) is being offered for sale by its owner for 13.5 billion VND, equivalent to 192 million VND/m2.
The owner here said that the plot of land has a beautiful location, has a red book of the owner, is surrounded by a 200m radius of a school, a market and is only about 500m from Vinh Tuy bridge.
A 61m2 plot of land on Tu Dinh Street (Long Bien District) is also being offered for sale at VND138.8 billion, equivalent to VND226 million/m2.
A 50m2 plot of land in Viet Hung ward (Long Bien district) is being offered for sale at 7.86 billion VND, equivalent to 157 million VND/m2.
In Ha Dong district, a 68m2 plot of land in Van Quan ward is being offered for sale by the owner for 12.5 billion VND, equivalent to 183 million VND/m2.
Meanwhile, a 71m2 plot of land in Kien Hung ward (Ha Dong district) is being offered for sale at VND190 million/m2, equivalent to VND13.4 billion.
Mr. Nguyen Van Trong - a land investor in Long Bien district - said that many plots of residential land that cannot be reached by car in Phuc Dong ward are also being offered for sale at 100-160 million VND/m2, depending on the area.
According to Mr. Trong, compared to the beginning of 2024, this price has increased by about 20-30 million VND/m2 for a plot of land with an area of 40-60m2. Many investors who "surf" to buy land here have even made billions of dong in profits when selling.
Although there is no specific statistical data on the actual transaction volume in the market, the latest report from the website Batdongsan.com.vn shows that the real estate market in Hanoi in the first months of 2025 has shown signs of a positive recovery. The most prominent of which is the land segment, which is leading in terms of purchasing demand.
According to the website Batdongsan.com.vn, in February 2025 alone, the number of land searches nationwide increased by 2-3 times compared to January 2025.
Notably, in Hanoi, the demand for land plots increased by 50-55%, concentrated in areas such as Long Bien district, Hoai Duc district and Ha Dong district.
Mr. Dinh Minh Tuan - Director of Batdongsan.com.vn - commented that the increase in land demand in early 2025 is a familiar trend.
Mr. Tuan explained that at this time, idle cash flow is often restructured by investors to choose potential segments.
In the context of strong fluctuations in investment channels such as gold and stocks, real estate, especially the land segment, is benefiting from positive information about infrastructure, planning, economic policies, promoting investment psychology to return.
Real estate investors predict that the land market in 2025 will continue to flourish, with supply and demand improving significantly. However, local heating ups in early 2025 are only short-term, unlikely to repeat the widespread price fever like in 2022.
