The land segment in Da Nang is highly sought after despite high prices

Thu Giang |

Da Nang - Expensive apartment prices, land segment in Da Nang City is sought after by many investors.

According to Lao Dong reporter, for nearly a month now, the land segment in Da Nang city has attracted investors.

Ms. Nguyen Thi Minh (40 years old, living in Hoa Xuan ward, Da Nang) informed that land prices here have been continuously increasing in recent times, especially after the merger of provincial administrative units.

According to Ms. Minh, many plots of land in the ecological urban area along the Hoa Xuan River with an area of 100m2 are being offered for sale by owners for 5.6 billion VND, equivalent to 56 million VND/m2. There are even lots in beautiful locations being advertised for 60-70 million VND/m2 that investors are interested in.

The website Batdongsan.com.vn recently reported that the Da Nang land market is one of the few land markets in the Central region that have made strong price leaks in recent times.

Accordingly, land plots in Son Tra ward, about 200-300mm from My Khe sea, have increased by about 20% compared to the end of last year, from an average of 70-75 million VND/m2, reaching 85-97 million VND/m2.

Vo Nguyen Giap frontland, near the sea and near major projects being implemented has an asking price of 220-260 million VND/m2, an increase of about 30% over the same period last year.

Land in An Hai ward, Nguyen Chinh street, over the past year, has increased from 80-85 million VND/m2 to 120-125 million VND/m2.

Land in Ngu Hanh Son ward, plots on the frontage of Che Lan Vien street, also increased in price from over 90 million VND/m2 to 115-120 million VND/m2.

In addition to expensive locations, land in Hoa Xuan ward also increased in price from 42-44 million VND/m2 to 45-48 million VND/m2. Some lots are in good locations, with prices reaching 55-60 million VND/m2...

Gia chung cu dat do, nhieu nha dau tu tim kiem phan khuc dat nen o TP Da Nang. Anh: Thu Giang
Apartment prices are expensive, many investors are looking for the land segment in Da Nang City. Photo: Thu Giang

The market report of PropertyGuru Vietnam - technology Group on real estate sector - shows that in the past 2 years, popular real estate prices have continued to increase in most types.

Of which, the strongest increase was the land segment (up 44% compared to the first quarter of 2024), followed by apartments with a growth of 42%. Other types including private houses, project land and townhouses increased by 28%, 14% and 1% respectively in the same period.

In terms of type, in the first 8 months of 2025 compared to the same period in 2024, project land in provinces and cities recorded the best growth in both interest (increase of 40%) and posting volume (increase of 17%). Meanwhile, other types such as apartments, private houses, and land plots decreased by 3-8% in interest and increased by 5-10% in the number of posts.

Mr. Nguyen Quoc Anh - Deputy General Director of PropertyGuru Vietnam - commented that the continued upward trend in selling prices is the result of strong growth through flexible monetary policies, towards high economic growth targets, prolonged scarcity of primary supply along with investors' confidence in the potential for real estate price increase in the future.

Experts say 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 could continue if legal and supply bottlenecks are not completely resolved.

Thu Giang
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