Week 02/2025 – Central Vietnam Real Estate News Summary
In this weekly or sometimes bi-weekly news flash – CVR: Central Vietnam Realty will provide a choice of articles from mainly Vietnamese media sources related to the real estate market in Vietnam.
We will be focusing on issues related to Da Nang and Hoi An, while also looking at national news and their possible impact on Central Vietnam’s property market.
You will find a summary, a link to the source as well as CVR’s take on the article.
We believe that local knowledge is the key to making the best possible decision and that’s what we offer to all our clients.
“CVR: Western Management – Local Knowledge”
1. Loan For Buying Houses Is Expected To Raise In 2025.
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Residential real estate is expected to grow in 2025 thanks to a positive economic outlook and increased new supply, leading to increased demand for home loans. Accordingly, experts forecast that home loan growth is expected to double, from around 10% last year to nearly 20% this year.
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According to forecasts from SSI Research, real estate lending will continue to increase in 2025, becoming an important driving force to help credit growth reach the target of 16%.
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Real estate credit is always closely related to the housing market, and in the context of support policies from the Government and economic recovery, credit for individuals buying houses will also grow strongly.
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In particular, banks continue to maintain reasonable lending interest rates, which is a key factor in helping people easily access capital to own houses, thereby promoting the development of the real estate market.
Source: cafebiz.vn
2. A Real Estate Segment In Da Nang Suddenly “Bounced” In Both Transactions And Prices, Revealing An Area Of Interest To Investors.
In Q4 2024, Avison Young reported a 5% increase in primary apartment prices in Da Nang, ranging from $3,100 to $3,550 per square meter, especially in the luxury segment. Rising material costs and lower interest rates contributed to this price hike. While demand for housing remains strong, apartments are also seen as a rental investment due to the region’s growing economy and tourism. New projects like Nam Ô Discovery and Mia Center Point were launched, focusing on premium segments. Despite legal challenges, buyer confidence is recovering, and Da Nang’s apartment market is expected to grow with improved infrastructure and tourism.
Source: cafef.vn
3. Projects Set To Transform Da Nang’s Landscape In The Coming Years.
The recently approved 2021-2030 Da Nang Master Plan, with a vision for 2050, outlines the city’s future transformation into a modern urban center, driven by key projects and development initiatives. The city’s expansion will focus on three main urban areas, along with an ecological region, divided into 12 distinct zones, such as the High-Tech Zone, Innovation Zone, Da Nang Bay area, Liên Chiểu Port, and Green Core, among others. These zones will be paired with high-priority projects aimed at reshaping Da Nang’s urban fabric.
In the city center, the Da Nang Industrial Zone will be transformed into the An Đồn International Financial District, a modern urban hub. The southern part of the city will see the development of an expansive university and research complex, creating a new university city in Ngũ Hành Sơn district and Điện Bàn town, recognized as a national and regional educational center. The southeastern region will become a hub for innovation, with developments like the Hòa Xuân Sports and Entertainment Complex, alongside international hospitals and research facilities.
Da Nang is also prioritizing major tourism projects, such as the Ba Na – Suối Mơ tourism complex, Hồ Đồng Xanh – Đồng Nghệ, and the Làng Vân Resort. Cultural investments include the construction of a city opera house, museums, parks, and a regional cultural center. The city plans to build advanced transport infrastructure, including several key highway upgrades, rail and maritime projects, and expanded air travel capacity, aiming to accommodate 25 million passengers annually by 2030.
With a projected investment of 800 trillion VND through 2030, Da Nang is focusing on transport infrastructure, industry, and services. Major investments include expanding the high-tech zone, constructing Liên Chiểu Port, and enhancing the city’s road network to support its growth as a key logistics and industrial hub.
Source: congan.danang.gov.vn
4. The Apartment Market In Da Nang City Is Recording Positive Excitement.
In the context of legal entanglements, causing many difficulties for businesses, greatly affecting investor sentiment, in 2024, after 10 years since the 2013 – 2014 period, with 3 sets of laws including the Land Law, Housing Law and Real Estate Business Law, once again placed on a solid “hinge”, becoming a “launching pad” to promote the development of the real estate market.
Market confidence, therefore, has had a positive change. This has led to a return of cash flow and is expected to continue to grow in many segments in 2025, when investors are optimistic and have expectations for long-term potential.
“After the initial exploration – recovery state, investor sentiment will change very quickly, leading to the excitement of the general market”, an investment expert commented.
Notably, the number of searches for apartments in Da Nang by Hanoi investors is increasingly large and will increase by 90% in 2024, partly demonstrating the attractiveness of the Da Nang market to investors from other provinces.
Taking on the task of developing the first free trade zone in Vietnam, Da Nang plays the role of “leading the way” in the direction of breakthrough and advancement. Currently, the city has completed the Draft Project to establish a free trade zone – submitted to the Ministry of Planning and Investment and will report to the Prime Minister for consideration and decision to establish a free trade zone before February 28, 2025.
Source: thuonghieucongluan.com.vn
5. The Real Estate Market In 2025: The North Is Still Booming, While The South Is Gaining Momentum.
The Vietnamese real estate market in 2025 is expected to experience continued growth, driven by several key factors.
Economic development, urbanization, and increasing demand for homeownership, particularly among young families, are fueling the market. The development of major infrastructure projects is enhancing connectivity and boosting property values.
Moreover, supportive government policies have instilled confidence in both investors and homebuyers.
While the high-end segment, including luxury apartments and villas, remains dominant, there is a growing demand for affordable housing. Despite challenges such as limited supply in certain segments, the overall outlook for the Vietnamese real estate market remains positive, with both domestic and foreign investors showing keen interest.
Source: cafef.vn
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