Many areas on the outskirts of Hanoi have seen a sharp drop in land prices, with numerous investors accepting losses of hundreds of millions to billions of dong.
According to a report by PropertyGuru Vietnam, land prices tended to decrease in the first quarter of 2026 compared to the same period of the previous year.
Land plots are an attractive investment channel due to their high profit potential; however, many people, due to lack of experience, fall into legal risks.
Supply and demand factors, infrastructure planning, and speculative sentiment are driving up land prices on the outskirts of Hanoi from late 2025, reaching 200 million VND/m² in some areas, surpassing the price of apartments in the inner city.
Following the short-term land price surges in early 2025, the real estate market is entering a cooling-off phase, especially the land plot segment in suburban provinces.
Digitizing land data will help detect discrepancies in records, thereby warning against land price bubbles and preventing the reality of many land plots having exorbitant prices.
Investing in land plots can yield significant profits, but only if buyers have a firm grasp of the legal aspects, planning regulations, and actual potential of the project.
In Lam Dong these days, instead of selling their farmland, many farmers are quietly saving money from their bumper harvests to buy back land and expand their coffee cultivation area.
Following the localized land price surge in many northern localities at the beginning of the year, investors are worried that this situation will repeat itself towards the end of the year.
Land prices in the former Hoa Binh province have increased by approximately 200% from the beginning of 2023 to the second quarter of this year, the highest increase in the country.
After a long period of speculation following rumors of provincial mergers, the land market in many localities is slowing down in both selling prices and liquidity.
In 2025, the real estate market is predicted to not only experience short-term growth but also pave the way for a new growth phase, with many segments continuing to show promising prospects.
The real estate market is showing clear signs of recovery, so many real estate segments are predicted to attract investment capital towards the end of the year.
Land prices in provinces surrounding Hanoi, such as Hung Yen and Bac Ninh, are currently showing signs of warming up again, with many investors accumulating properties in anticipation of the upcoming surge.
From October 7th, Hanoi implemented new regulations on land subdivision conditions, leading many to worry that a decrease in supply would drive up housing prices.
Apartments are currently the most popular type of property, but according to experts, when prices rise too high, investment capital will shift to other segments.
Many investors believe that when the Land Law comes into effect, real estate prices will tend to rise and the market will flourish, so they have been quietly accumulating land in many suburban areas of Hanoi.
Unlike the sluggish market in 2023, the land auction segment in Hanoi has become vibrant again, with a surge in the number of applicants and successful bidders.