Land in Da Nang and neighboring Quang Nam heats up as investors anticipate growth, driven by infrastructure projects and merger rumors.

Unconfirmed news about provincial mergers has sparked a rush to buy land, but experts warn of potential losses as market conditions remain uncertain.

The 89 land plots in Do Dong Commune have recorded a peak winning bid of nearly VND80 million per sq m, a decrease of over 12 percent compared to late last year and 22 percent compared to August 2024.

Launched in 2010, VietinBank Tower remains unfinished after 15 years. The once-ambitious $400 million project now stands abandoned, its structures rusting under Hanoi’s skies.

Da Nang is offering a 3,800m² site near Dragon Bridge for lease to establish the new Son Tra Night Market, with investor applications open until April 16.

The Hanoi People’s Committee has issued a directive requiring government agencies and districts to review and reorganize state-managed land and buildings, aiming for greater efficiency and compliance with new policies.

HCM City plans to auction a 26-hectare site in Tân Phú District this year to facilitate Transit-Oriented Development (TOD) linked to its second metro line, which connects Bến Thành Market in District 1 to Tham Lương Depot in District 12.

HCM City is proposing a new policy that would allow authorities to reclaim land left vacant for more than 12 months, even if landowners have paid required fees. The move aims to prevent land waste and boost urban development.

HCM City has established a comprehensive framework for the management of villas, aimed at ensuring efficient and sustainable utilisation of this valuable asset.

A new resolution by the National Assembly outlines policies to address legal obstacles for dozens of real estate projects in Ho Chi Minh City, Da Nang, and Khanh Hoa.

HCM City expects to auction VNĐ164 trillion (US$6.4 billion) of land near canals after relocating residents currently occupying the areas by 2030.

Adjustments to land prices in Ho Chi Minh City have caused annual land rental costs to rise significantly, with increases exceeding 50% in some categories.

Under architectural management regulations effective from January 10, multi-story buildings will be prohibited in certain areas in Hanoi.

Prime Minister Pham Minh Chinh has directed a comprehensive crackdown on property speculation and price manipulation to stabilize Vietnam’s real estate market.

In 2023, land auctions encountered difficulties and many localities had to stop auctions because of the lack of participants, while in 2024, many auctions were organized where unexpected events occurred.

Business leaders have raised concerns over disparities in Vietnam’s land pricing policies, particularly the unequal treatment of commercial-service land compared to residential land under the 2024 Land Law.