Faced with the strong price increase of apartments, private houses, townhouses, etc. in the central area, even in the suburban districts of Hanoi. Many real estate investors have shifted to the suburbs to buy real estate at low prices, expecting prices to increase in the future.
Mr. Dinh Huy (Hai Ba Trung, Hanoi) shared that the current housing prices in Hanoi are too high, the profit potential is not much, and it is no longer suitable for investors with limited capital, so he decided to look for areas with low housing prices to buy land or residential land. After a period of searching and considering, Mr. Huy said he had decided to buy a plot of land of nearly 80 square meters for 2.7 billion in Thanh Lam commune, Me Linh district.
“At this time, after apartments, land can be said to be the hottest segment. Especially after the land auctions in Hanoi, the market is gradually heating up. I see that land in the suburbs of Hanoi has good potential for price increase. If you buy at this time, you can catch the price increase wave in the next 1-2 years,” Mr. Huy hopes.
As a long-time investor in Hanoi, Mr. Thanh Tung (Nam Tu Liem, Hanoi) said: “Not only apartments, but also real estate prices in Hanoi are currently too high, there is not much investment potential left, so I went to the provinces near Hanoi to buy land and residential land. Currently, land and residential land in the provinces near Hanoi still have a “low” point in price after a period of market stagnation”.
Mr. Tung said that his search goal is plots of land with full legal documents, clear planning, low prices and potential for price increase from infrastructure. If you are willing to go and learn, investors still have many options for plots of land with good locations and low prices.
Mr. Tung shared that he has closed the deal to buy a 1.4 billion VND plot of land with an area of 40 square meters in Bac Ninh. “Although the provincial real estate market is not as vibrant as in Hanoi, the heat of Hanoi will spread to the neighboring provinces. Therefore, I think buying land in provinces neighboring Hanoi will have good potential for price increase,” said Mr. Tung.
Meanwhile, Mr. Nguyen Thanh Chung (Tay Ho, Hanoi) is still hesitant, even though he has researched and surveyed many times the land in Xuan Mai town, Chuong My district. “I am looking at a plot of land in Xuan Mai, priced at 10 million/m2, compared to the market price, the price is still quite low, but in terms of potential, I do not appreciate it. Because this area is not near the main road, far from the center, and there are no outstanding projects or plans worth looking forward to. I am still considering”.
Regarding the land segment, Mr. Pham Duc Toan - CEO of EZ Real Estate Investment and Development Joint Stock Company (EZ Property) - said that currently, only the Hanoi market is still vibrant, with prices of all segments increasing. Meanwhile, most provincial real estate markets are still quite quiet.
According to the CEO, some investors have begun to shift their investment trends to provinces and cities with good economic growth, synchronous infrastructure and relatively low prices. However, investors are still quite cautious in their investment decisions. "From the second quarter of 2025, the real estate market in the provinces in general, and the land segment in particular, will achieve better liquidity and become more vibrant," said Mr. Toan.
