The demand for land plummeted in 3 districts in Hanoi

Thu Giang |

The demand for land plots has suddenly increased in Long Bien district, Hoai Duc district, Ha Dong district (Hanoi).

Research by Lao Dong reporters shows that recently, many investors have tended to look to suburban districts of Hanoi to look for plots of land with prices ranging from 2-3 billion VND/plot.

Mr. Nguyen Van Linh (60 years old) - a real estate investor in Long Bien district, Hanoi - said that the land segment here is in the focus of many investors.

Mr. Linh analyzed that the price of real estate in the inner city is "at the peak", causing investors to shift their direction to buy real estate in the suburbs of Hanoi, including the land segment.

Many investors have even spent time looking for plots of land with selling prices from 2-3 billion VND/plot to live or wait for land prices to increase over time.

Many real estate experts in Hanoi have recently commented that the demand for land in suburban districts of Hanoi is gradually improving. In particular, the residential land segment in some districts far from the center of Hanoi is having cheap starting prices and high profit potential.

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 positive signs of 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 the first half of February 2025 alone, the number of land searches nationwide increased by 2-3 times compared to January.

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.

a
The land segment in Hoai Duc district, Long Bien district, Ha Dong (Hanoi) is attracting the attention of many investors. Photo: Thu Giang

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.

Mr. Dinh Minh Tuan emphasized that in the context of banks still being cautious with real estate credit, using financial leverage continues to be a difficult problem.

Investors today also tend to prioritize projects with transparent planning and potential for infrastructure development, instead of choosing spontaneous subdivision plots of land. In the first half of February 2025, investment demand has strongly recovered, causing the number of land searches nationwide to increase by 2-3 times compared to the previous period.

Thu Giang
RELATED NEWS

High prices, investors buy land in the district about to become a district

|

Many investors are looking to buy plots of land in the suburbs of Hanoi, with selling prices of about 1-2 billion VND/plot in the context of this segment continuously increasing abnormally.

Hunting for cheap subdivided land near Ring Road 4 project

|

The segment of subdivided land plots under 3 billion VND on the edge of the Ring Road 4 project (Hanoi) is of interest to many investors.

Investing billions of money to buy land along Ring Road 4

|

Many investors have spent billions of dong to buy land along Ring Road 4 (Hanoi) with the expectation of increasing prices in the future.

From January 1, 2026, newly recruited doctors will be paid from level 2 or higher

|

Pharmacists, doctors and nurses... are paid from level 2 when recruited into the corresponding professional title until there are new regulations on salaries.

Vietnam's super-rich break through, 5 billionaires hold more than 37 billion USD

|

According to the latest update from Forbes, the total assets of the 5 richest billionaires in Vietnam are up to 37 billion USD.

The National Assembly agreed to build Gia Binh airport worth over VND196,000 billion, 5-star standard

|

The National Assembly approved the policy of building Gia Binh airport with an investment capital of more than VND196,000 billion, aiming to meet 5-star service standards.

SEA Games 33 Medal Schedule on December 11

|

Updated total medal table of the 33rd SEA Games on December 11.

Mr. Trump sets a deadline for Mr. Zelensky to decide the fate of Ukraine

|

US President Donald Trump expects a deal to take shape as soon as Christmas comes, while Europe urges Ukraine to carefully consider each concession.

High prices, investors buy land in the district about to become a district

Thu Giang |

Many investors are looking to buy plots of land in the suburbs of Hanoi, with selling prices of about 1-2 billion VND/plot in the context of this segment continuously increasing abnormally.

Hunting for cheap subdivided land near Ring Road 4 project

Thu Giang |

The segment of subdivided land plots under 3 billion VND on the edge of the Ring Road 4 project (Hanoi) is of interest to many investors.

Investing billions of money to buy land along Ring Road 4

Thu Giang |

Many investors have spent billions of dong to buy land along Ring Road 4 (Hanoi) with the expectation of increasing prices in the future.