The Ministry of Construction, in its Q1 2025 real estate market report, noted a significant increase in land lot transactions across Vietnam. There were 101,049 successful land lot transactions in the first quarter, representing a 16.4% increase from the previous quarter and a 3% rise year-over-year.
In contrast, the number of successful transactions for apartment units and individual houses stood at over 33,500 during the same period.
Data reveals that compared to Q4 2024, transaction volumes increased across all segments, with land lots witnessing the most significant surge. Land lot transactions were more than three times higher than the combined transactions of apartment units and individual houses.
Notably, housing and land prices in various provinces exhibited greater volatility compared to the previous quarter, influenced by information about provincial mergers and the relocation of administrative centers.
“In provinces where there are plans to establish new administrative centers, we’ve seen upward pressure on price levels and transaction volumes,” the Ministry of Construction’s report stated. “This has led to a rapid increase in land prices in specific areas of provinces like Bac Giang, Phu Tho, Ninh Binh, Thai Binh, Hung Yen, Hai Phong, and Dong Nai.”
 Source: Ministry of Construction |
In Bac Giang, for instance, land prices in certain areas of the provincial capital city increased by over 20% compared to the end of 2024.
Similar trends were observed in Phu Tho, where land prices in residential areas and even long-abandoned urban areas like Van Phu, Truong Vuong, Tho Son, Thanh Mieu, and Gia Cam surged by 20-30% year-over-year.
In Hai Phong, land prices in Kien Thuy, An Dong, and Thuy Nguyen also witnessed increases of 15-20% compared to the end of the previous year.
Similarly, in March 2025, land prices in some areas of Nhon Trach, Dong Nai, rose by approximately 20-30%, with some locations seeing increases of over 40% year-over-year.
However, the Ministry of Construction cautioned that speculative trading could be a factor in these price hikes, and such activities carry inherent risks for the market. In response, local authorities have urged residents to exercise caution when encountering unverified information and have implemented measures to regulate and stabilize the real estate market in their respective provinces.
Hong Khanh
– 16:33 19/05/2025
“Local Land Prices Surge in Several Northern Provinces: A Focus on Northern Vietnam’s Real Estate Boom”
The Ministry of Construction reports that in provinces rumored to be the site of new administrative centers, land prices have soared and transaction volumes have shown an upward trend.
The Billion Dollar Project in Hanoi: Experts Warn of One Crucial Factor That Investors Can’t Afford to Ignore
“Investing in high-priced land does not always equate to a wise investment decision. Commercial real estate is not a game of emotions; it requires a deep understanding of finance, cash flow management, and a long-term vision.”
“Dragon Capital Increases Ownership Stake in Dat Xanh Group to Over 13%”
Dragon Capital, a prominent foreign investment fund, has successfully acquired 2.8 million DXG shares, increasing its stake in Dat Xanh Group to 13.0399%.
Where is the Money Going in Real Estate?
From the start of the year, the low-rise segment has been the most absorbed property sector in Northern Vietnam.
Gen Z and the Homeownership Conundrum: A Wise Investment or a Financial Burden?
Owning a home is a significant milestone and a substantial investment. With skyrocketing property prices, many young people are left wondering if they’ll ever be able to save enough for a down payment. It’s a daunting prospect, but with careful planning and a strategic approach, the dream of homeownership can become a reality. This article aims to empower aspiring homeowners by offering valuable insights and practical tips to navigate the challenging yet rewarding journey towards buying your first home.
