Land price in Hanoi

The land segment in the suburbs of Hanoi is attracting a lot of attention. Photo: Thu Giang

Buying a plot of land for 3 billion VND hoping to get rich quickly

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Hanoi - Many owners are looking to buy subdivided land plots for 2-3 billion VND/plot in the suburbs with the expectation of making big profits in the future.

Land prices in Hanoi increased sharply, while in Ho Chi Minh City they turned to decrease. Illustration photo: Luc Giang

Unexpected developments in land prices in Hanoi and Ho Chi Minh City

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In the past two years, the land market in Hanoi has increased in price by more than 30%, while land in Ho Chi Minh City has suddenly decreased by about 5%.