The Ultimate Guide to the Unprecedented Infrastructure Boom in Vietnam: How Da Nang’s Land is Riding the “Big Wave”

Danang Welcomes Unprecedented Infrastructure Projects in Vietnam

The Vietnamese government is committed to developing Danang with large-scale projects unprecedented in Vietnam, such as the Free Trade Zone (FTZ), Lien Chieu Port, and the International Financial Center. Accompanying these are dynamic projects such as the expansion of Danang International Airport, the construction of the Danang-Hoi An urban railway, the Cam Thanh-Thang Long-Hoa Xuan bridge intersection, and a unique tourist waterway on the Co Co River, which are creating a wave of unprecedented development and boosting the potential of this region.

First and foremost is the Danang Free Trade Zone, approved in June 2025 with a scale of 1,881 hectares. This historic project marks the first time Vietnam has established a free trade zone with a unique operating mechanism. The FTZ promises to become a logistics, manufacturing, export, and international trade hub, attracting foreign investment and high-quality human resources. Expected to contribute 12-13% of Danang’s GRDP by 2030 and up to 25-26% by 2050, the FTZ will not only be an economic driver but also a “magnet” for increasing real estate values in the city’s northwest and southeast areas.

Along with the FTZ, the Danang International Financial Center, with its first phase commencing in late 2025, aims to attract investment and pilot a digital asset model. Key areas such as Vo Van Kiet Street, the Fintech Zone, and the reclaimed land in Danang Bay will form a modern financial-technological ecosystem, attracting the elite and international experts. This increases the demand for high-end housing and land in well-planned urban areas such as Hoa Xuan and Ngu Hanh Son.

In addition to the billion-dollar infrastructure projects transforming Danang, there is a focused expansion and development of the city’s connectivity. Lien Chieu Port, with a total investment of over VND 45,000 billion, is expected to be completed by 2025 and will become Central Vietnam’s new cargo transshipment hub with a capacity of up to 50 million tons per year. This project will not only reduce the burden on Tien Sa Port but also boost the development of industrial real estate and residential areas in Lien Chieu District and its vicinity. The multimodal connection with logistics corridors further enhances the value of land in areas with complete infrastructure.

Parallel to the expanded seaport, Danang International Airport, Vietnam’s third-largest, is being upgraded to accommodate 25 million passengers annually by 2030 and 30 million by 2050. With facilities like the T3 terminal, a cargo terminal, and aviation logistics services, the airport will serve as an international gateway, connecting Danang to global markets. Transport infrastructure linking the airport to riverside and coastal areas, especially in southeast Danang, will provide a significant boost to the land market.

Accompanying the seaport-airport duo, the Danang-Hoi An urban railway, part of the regional linkage strategy, will connect dynamic growth areas in the city’s south. With quick connectivity to Hoi An, this line will not only boost tourism but also enhance real estate values in areas like Hoa Xuan, Ngu Hanh Son, and neighboring areas in old Quang Nam Province.

Another key transportation project is the modern intersection in the Con Dau area, near the Hoa Xuan Bridge, with a total investment of over VND 1,570 billion. This project includes an underpass and roads on both sides, relieving traffic congestion and providing seamless connectivity from the international airport to riverside and coastal urban areas like Hoa Xuan and FPT City. From here, towards Hoi An and the Co Co River, which will be dredged to create a waterway tourist route, further enhancing the area’s landscape value and economic potential.

Land Demand Surges by 50%, Supply Scarcity

With the infrastructure boost, Danang’s real estate market has witnessed robust growth, especially in the land and apartment segments. According to DKRA, land demand in Danang in Q2 2025 increased by 50% compared to Q2 2024, with consumption reaching about 15% of the total primary supply, focusing on the mid-range segment with prices around VND 54 million per square meter.

After the merger with Quang Nam, areas like Hoa Xuan and Ngu Hanh Son became hotspots with significant upside potential. Land prices here range from VND 4-5 billion per lot, lower than prices in central districts like Hai Chau (up to VND 175 million per square meter). With transparent legal procedures, complete infrastructure, and a strategic location near the Co Co, Do Toa, and Cam Le rivers, this area is considered a safe choice for long-term investors. Building a home in Danang is also advantageous due to its beautiful landscapes and favorable feng shui.

In other areas, projects with completed infrastructure and legal procedures or those located in urban areas with high legal security are attracting investors. At the same time, sales policies such as extended payment schedules, bank interest support, and preferential treatment for old customers continue to stimulate demand.

Despite the increase in demand, new supply in the Danang market remains scarce. In Q2 2025, no new land projects were launched, and primary supply decreased by 23% compared to the same period last year. In Q3 2025, the scarcity of supply is expected to continue, with only about 80-120 new products entering the market. DKRA predicts that primary selling prices will remain high due to rising input costs, while the secondary market is expected to maintain its positive recovery, especially for products with clear legal status and convenient connections.

It is rare for a large city to have such beautiful inner-city land along major rivers that remain untapped, as is the case in Danang, hence the intense investor interest. According to analysts, some developers have revealed plans to release beautiful riverfront land lots near the city center in the coming period. The limited supply is still concentrated in southeast Danang.

Explaining the sharp rise in Danang land prices, Mr. Nguyen Quoc Anh analyzed: “The combination of Danang – a tourism center – and Quang Nam – a province with ample land and industrial potential – will create a more diverse economic structure. When tourism is no longer the sole pillar, Danang will be better equipped to withstand fluctuations. The expectations for the development of a diverse city, along with improved infrastructure, have boosted investor sentiment.”