According to Lao Dong reporters, for nearly a month now, the land market in the central wards of Da Nang City has been increasing significantly.
Ms. Nguyen Thi Quyen (45 years old, living in Hoa Xuan ward, Da Nang) informed that land prices here have been continuously pushed up in recent times, especially after the merger of provincial-level administrative units.
According to Ms. Quyen, 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 their owners for 5.6 billion VND, equivalent to 56 million VND/m2. There are even lots in beautiful locations with prices ranging from 60-70 million VND/m2.
"Many investors have come to hunt as the land fund in the central area is increasingly narrowing. However, I feel very worried because land prices here are constantly increasing" - Ms. Quyen said.
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...
Referring to this content, Mr. Nguyen Quoc Anh - Deputy General Director of Batdongsan.com.vn - commented that the coordination between seaport projects, airports and economic zones has made the Da Nang real estate market stand out, fully meeting the criteria of both marine economy and tourism and services.
Many real estate experts analyzed that the merger of Quang Nam province with Da Nang from July 2025 also expands development space, increases population size and land fund, and creates more opportunities for the city.
However, according to experts, during this fever, people must be more alert to decisions to spend money to invest, and should not follow the crowd mentality.
Investors should only invest in areas with existing residents, formed infrastructure, and near major traffic routes. Plots of land in deserted areas with no surrounding amenities should be cautious about spending money because they are often difficult to resell, transact, and are prone to the risk of burying capital.
