The trend of group investment appears, pushing prices in a short time
When the real estate market began to show signs of positive changes, some groups of investors have actively seeking opportunities to invest in land plots along Hanoi and adjacent provinces. The trend of investment in the group, pushing the price increases is raising concerns about the ability to create virtual price ground - which has led to a hot fever and froze in previous stages.
Noted in the first three months of 2025, the ground is one of the segments with a clearer price fluctuation than the common ground. Many suburban areas recorded a price increased from 10-20% compared to the last quarter of last year, especially in areas with new infrastructure planning or expanded residential areas.
According to the survey, in Thach That district, many plots of land in some areas of Tien Xuan commune were sold at 29 - 32 million VND/m2, an increase of about 2-3 million VND per m2 compared to the end of 2024. Binh Yen commune area recorded the popular offering price at 22 - 24 million VND/m2, while in Thach Hoa commune, beautiful locations have reached 38 - 40 million VND/m2.
In Quoc Oai, the land in Phu Cat and Phu Manchu ranges from 11.5 - 14 million VND/m2, some positions with good infrastructure are sold from 23-25 million VND/m2.
The Son Tay area also recorded a slight increase in price, especially at the locations near the planned metro line, many land lots in the village reached 15 - 18 million VND/m2.
In addition to infrastructure and psychological factors returning to the market after a quiet period, the trend of searching and investing in groups in groups is being applied by a part of individual investors to increase profits effectively. Instead of buying alone, many groups are acquainted towards an area, selecting adjacent land and then offering a new offering price with the expectation of creating a price advantage.
Mr. Nguyen Van Dung - an investor in Ha Dong district - shared that he and two friends bought land in Phu Cat commune since the end of 2024, with the goal of surfing in the short term.
"We chose a land backpack close to each other, each of them in the name of a lot and then offered the price of about 20% higher than the purchase price.
Warning of risks from the price level without real transactions
Many individual investors still keep their psychological caution, especially when the price level in some areas is increasing rapidly.
Mr. Tran Duc Manh - an investor in Thach That - shared that he bought a plot of land in a peaceful area since the beginning of 2024 with a price of nearly 2.5 billion. "Currently, many places have sold from 2.8 to 3 billion, however, I think it takes more time for the market to absorb. Whether or not trading is dependent on the real needs and the level of the buyer's ready," Manh said.
Some experts say that the phenomenon of group land collection is not new, but in the context of the common liquidity is weak, this strategy has many risks. When there is no real cash flow in, the virtual increase price is easy to collapse when the market psychology reverses. This happened in the early stages of 2021, when a series of suburban areas of Hanoi and neighboring provinces fell into a gloomy situation after a brief push.
In the context that the market has not fully recovered, investors need to be alert, avoid running after virtual waves or expectations of surfing in a short time. According to Mr. Nguyen Van Dinh - Chairman of the Vietnam Real Estate Brokers Association (VARS), the trend of "hunting" land is increasing in some areas, however, investors need to be cautious about virtual fever.
"It is necessary to be particularly cautious with areas with land prices increasing with rumors, lack of transparency in terms of planning and legal progress. To ensure safety and cash flow, it is directed to areas with good connected infrastructure, clear planning and real population" - Mr. Dinh recommends.
