Da Nang apartment market increases sharply, supply exceeds 20,000 units

An Thượng |

Mr. Le Van Tuan - Deputy Director of Da Nang Department of Construction said that the number of transactions in 2025 in the city reached more than 20,000 apartments, an increase of about 30% compared to 2024.

At the Forum "Da Nang Real Estate enters a new phase" organized by Business Forum Magazine under the direction of the Vietnam Chamber of Commerce and Industry (VCCI) on January 30, leaders of the Da Nang Department of Construction positively informed: The apartment market in Da Nang recorded a growth rate of about 30%, with a total supply of more than 20,000 units. Data shows that both supply and demand have clearly improved compared to the previous period, reflecting a positive recovery trend and moving to a new development phase.

According to assessments at the Forum, 2025 is considered a period of special significance for the city when the arrangement and merger of administrative units helps expand development space, creating room for planning, infrastructure investment and urban development. Many key projects, socio-economic drivers are being implemented, contributing to increasing the attractiveness of the real estate market, including the apartment segment.

Mr. Le Van Tuan - Deputy Director of Da Nang Department of Construction said that Da Nang's GRDP growth rate reached a high level in the recent period, especially real estate business activities increased sharply, leading the service sector group. The total number of real estate transactions reached more than 20,000 units, showing that market confidence is gradually being strengthened.

Over the past time, Da Nang City People's Committee has focused on synchronously implementing many solutions to remove difficulties for the market. The focus is on handling legal obstacles of projects, completing procedures to start many new projects with large total investment capital, and at the same time promoting the development of social housing to balance supply and demand and ensure social security.

Da Nang is also assigned the task of completing about 29,000 social housing apartments in the coming period. In 2025, the city completed 2,907 apartments, reaching 108% of the target assigned by the Government for 2025; at the same time, it is implementing investment procedures for 38 projects with a total scale of more than 34,400 apartments. The city has partially exceeded the target and is implementing investment procedures for dozens of new large-scale projects. The establishment of the City Housing Fund is considered a solution to create stable and long-term financial resources for social housing development.

In the next phase, the Da Nang real estate market is assessed to face many opportunities from specific mechanisms and policies. However, the requirement is to develop sustainably, balance segments, limit short-term speculation, improve the capacity of investors and enhance information transparency. This is considered the foundation for the Da Nang apartment market to develop stably and long-term.

An Thượng
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