According to the reporter of Lao Dong Newspaper, in early March 2025, in Luong Son district (adjacent to Hanoi), the real estate market has increasingly attracted great attention from investors, reflecting the development trend and great potential of this area.
Mr. Nguyen Quyet Chien (a real estate broker in Luong Son district) said that since the Lunar New Year 2025, the real estate market in this area has been experiencing vibrant changes. In particular, the land segment recorded many transactions, leading to a bustle at land notary offices.
According to Mr. Chien, one of the hot spots attracting investors' attention is the Nhuan Trach Industrial Park project. This project has a prime location when adjacent to National Highway 6 and is only about 2 km from Ho Chi Minh Road, becoming the largest industrial park in Luong Son district today.
"The price level in the Nhuan Trach area is clearly differentiated. The plots of land on the main axis range from 15 to more than 20 million VND/m2, while the plots in alleys and hamlets have a softer price, about 4.5 to 7.8 million VND/m2. This is considered the time when many investors are interested in and looking for opportunities in this potential area, Mr. Chien shared.
Mr. Tran Duc Huy, a real estate specialist at Dat Viet Real Estate Company, said that thanks to its convenient location, 45 minutes from Hanoi, Luong Son (Hoa Binh) is attracting many investors, especially in the land and resort segments.
After a quiet period in 2022-2023, the market has been more vibrant since the beginning of 2024 thanks to resort projects. With banks' credit easing policies and reduced lending interest rates for real estate, investment capital is gradually returning to this area.
Currently, the transaction is concentrated at prices above and below 2.5 billion VND, while higher prices are still carefully considered by customers, said Mr. Huy.
Similarly, Mr. Manh Linh, a long-time real estate broker in Hoa Binh City, said that the Luong Son market is divided into two areas with a clear price difference, the North is about 10 times more expensive than the South thanks to its prime location near the capital Hanoi and important traffic routes.
According to Mr. Linh, real estate here includes two main segments. The first is real estate to serve real housing needs, mainly meeting clusters and industrial parks. These plots of land are often concentrated along the Ho Chi Minh road, the center of towns or the central areas of communes, where infrastructure is developed and convenient for living.
Second is resort real estate, often located in areas far from the center, at the end of the commune, at the end of the village - where there is beautiful terrain, wide view, in line with the trend of suburban resorts.
"If in 2024, subdivided land will dominate, then in early 2025, resort real estate will attract more attention, and prices will almost double," said Mr. Linh.
Talking to reporters, Mr. Nguyen Manh Cuong - Deputy Director of the Branch of the Land Registration Office of Luong Son District said that since the beginning of the year, the number of real estate transaction and sale and transfer records has increased compared to the previous period.
"According to statistics, each day the unit receives about 25 sets of documents with the type of land traded, usually subdivided land plots and receives changes such as donation, donation, and inheritance of real estate," Mr. Cuong informed.
