The People’s Committee of Da Nang City has issued a decision to adjust and supplement land prices in the area. The new decision took effect on July 7, with many roads recording significant increases compared to the adjusted land price list from the beginning of the year.
Accordingly, Bach Dang Street (along the Han River), from Le Duan to Nguyen Van Linh, has the highest land price in the city, at over VND 340 million per square meter. This price is nearly 3.5 times higher than in 2021 (VND 98.8 million per square meter) and an increase of almost 1.2 times compared to the beginning of the year (over VND 286 million per square meter). This area is divided into four price levels, with the lowest being over VND 177 million per square meter.
Several other central routes also saw notable increases. Specifically, the Le Duan Street section from Tran Phu to Hoang Hoa Tham increased from VND 158 million to VND 207 million per square meter; Nguyen Van Linh Street (the connecting road to Dragon Bridge) has prices ranging from VND 127-242 million per square meter, with the section from Phan Thanh to Bach Dang reaching the highest price.
Meanwhile, Tran Hung Dao Street (east bank of the Han River), from Song Han Bridge to Dragon Bridge, has a maximum price of VND 182 million per square meter, nearly double the price at the beginning of the year.
Da Nang’s New Land Price List Shows Significant Increases |
On the other hand, the lowest residential land price in Da Nang is currently VND 1.9 million per square meter, located in an alley on Thanh Vinh Street (Lien Chieu District).
For commercial and service land, the frontage of Bach Dang Street remains the most expensive, at over VND 204 million per square meter, nearly 1.2 times higher than the adjusted price at the beginning of the year.
Notably, Ngu Hanh Son District had the highest adjustment rate in this period: urban land prices increased by up to 172%, and land prices on unnamed roads in residential areas increased by 157%.
Hoa Vang District also recorded impressive increases, with rural land prices rising by 170% and land prices on unnamed roads increasing by 160%. The average increase rates in the remaining districts and counties ranged from 125% to 156%.
Ho Giap
– 19:45 29/06/2025
