The atmosphere at a notary office in Nhon Trach, Dong Nai Province, on the morning of May 13, 2025, was bustling with people.
People had to wait until the end of the morning session for their turn to process land documents.
A crowded land registry office in Nhon Trach, with people standing for hours as there were not enough seats.
Despite a slight decrease in transactions compared to the period immediately after the Lunar New Year, land notary offices in Nhon Trach remain busy.
Land transactions in District 9 are still quietly taking place, with high demand for good deals (priced around 3 billion VND per lot) but limited supply.
Outside a notary office in District 9, cars fill the parking lot.
There is still demand for land, but there are not many good deals like before the Lunar New Year. Land prices in the eastern districts of Ho Chi Minh City have increased by 15-20% compared to the end of 2024. Small residential land plots are in high demand.
Land prices in urban areas in District 9 have also started to increase, but there are not many properties on the market.
Southern land prices show no signs of cooling down. According to real estate brokers, transactions are still taking place discreetly for desirable properties in prime locations. In some areas with potential, investors are still buying even though prices are high.
From now until the end of 2025, southern land prices are expected to rise further as infrastructure continues to improve.
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