The following price list is effective from December 20, 2025, until the end of the month.

In the adjusted price list, land prices in many roads in Dan Phuong district have increased significantly compared to the old land price list.

Among these, the highest land price for position 1 (VT1 – front land) is on National Highway 32 (from the border of Hoai Duc to the three-way Tieu Dai monument), with a pre-adjusted price of VND 15.8 million/m2 and a post-adjusted price of VND 46 million/m2 (a 2.9-fold increase).

National Highway 32 (from the monument to the end of Phung town – old QL32) increased from VND 15.1 million/m2 to VND 44 million/m2 (a 2.9-fold increase).

Phung Road (old National Highway 32) increased from VND 15.1 million/m2 to VND 44 million/m2 (a 2.9-fold increase). 

The new National Highway 32 section from the monument to the end of Phung town increased from VND 13.8 million/m2 to VND 40 million/m2 (a 2.9-fold increase).

The lowest land price in the new land price list in Dan Phuong district belongs to the inter-communal transport routes outside the above-mentioned routes in Tho An, Tho Xuan, and Trung Chau communes, with prices ranging from VND 7.6-10.5 million/m2.

Dan Phuong district has an area of over 7km2 and is located about 25km west of the capital. The district does not currently have many urban areas or apartment buildings. Some projects that have been established here include the Tan Tay Do apartment building and the Tan Lap residential area…

The district is home to a series of large-scale projects with thousands of low-rise products that are eligible for sale, creating heat for the entire area.

Since the beginning of the year, many investors and brokers have flocked to Dan Phuong to find and purchase real estate, causing prices to rise rapidly.

Customers learn about a real estate project in Dan Phuong district (Hanoi). Photo: Thach Thao

A survey in Lien Trung commune found that the asking price for houses and land accessible by car ranged from VND 110-130 million/m2. Meanwhile, a year ago, similar houses were priced at only about VND 50-70 million/m2.

In Tan Hoi commune, around October 2024, real estate on the main road was being offered for sale at VND 110-160 million/m2, but now it has increased to VND 150-230 million/m2. In some places, the asking price has reached VND 250 million/m2.

A 73m2 lot of land on the main road of Phan Xich (Tan Hoi commune) is being offered for sale at nearly VND 15.5 billion, equivalent to VND 212 million/m2.

A lot of land on Nguyen Thai Hoc Street in Phung town is being offered for sale at over VND 200 million/m2. The seller said that if the buyer is serious and pays in cash, there may be a small discount.

In an interview with VietNamNet, Mr. Le Bao Long, Director of Strategy and Marketing of Batdongsan.com.vn, assessed that generally, in the Hanoi real estate market, the level of interest after Tet has recovered well, especially in the West, which has seen significant growth.

According to Mr. Long, this is due to two factors.

Mr. Long analyzed that the seasonal factor usually causes the market to grow strongly after Tet, and this happens every year. However, the western region also has supportive drivers, especially infrastructure. He cited the example of the inauguration of the West Thang Long Boulevard in January, which became a catalyst, driving interest in this area.

Regarding investment trends, he predicted that in 2024, the apartment segment would attract a lot of attention, especially Hanoi apartments at the beginning of the year and Ho Chi Minh City apartments at the end of the year. In 2025, the low-rise segment is expected to show positive signs, helping the market continue to recover.

Mr. Le Dinh Chung, General Director of SGO Homes Real Estate Investment and Development Joint Stock Company, said that the current perspective of investors focuses on markets with well-developed transport infrastructure, associated with production, especially industrial parks, while ensuring legal factors are the most important.

Mr. Chung advised investors to carefully study the transport infrastructure, its expected development, and local real estate prices to make appropriate decisions and avoid being influenced by herd mentality.

Hong Khanh

– 05:50 26/03/2025

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