Economics

Da Nang property market rebounds strongly in Q3 2025

Translated by THƯ LÊ Oct 09, 2025 16:52

DNO - Da Nang’s real estate market recorded a robust recovery in the third quarter of 2025, buoyed by supportive credit policies, accelerated infrastructure projects, and an abundant supply of new developments.

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Apartments at the Bau Tram Lakeside project. Photo: XUAN SON

As reported on batdongsan.com.vn, land and apartment prices surged sharply. Compared to the first quarter of 2023, land prices jumped 68% and apartment prices 50%.

The "hottest" wards were Ngu Hanh Son (+33% in price; +48% in user interest) and Son Tra (+41%; +32%), reflecting growing investor confidence.

Outstandingly, Da Nang’s apartments ranked among Vietnam’s most profitable tourism cities for two consecutive years, with prices soaring 146% since early 2023.

Areas such as Dien Ban (+36%) and Nui Thanh (+22%) are gaining attention thanks to new industrial and border-economic zones.

“Apartments are becoming more attractive as Da Nang evolves into a modern urban center. Despite rapid price growth, land values have only slightly exceeded their 2019 peak, suggesting further room for expansion”, said Ha Nghiem, the Director of batdongsan.com.vn’s Da Nang branch.

Official data reinforce real estate’s role as a key economic driver. The city’s consumer service revenue reached VND 4.56 trillion in September, up 34.7% year-on-year, with property-related services soaring 81.8%.

In the third quarter of 2025, the total service revenue hit VND14.22 trillion, up 40.6% from a year earlier, while real estate services surged 94.7%. Over the first 9 months, the sector’s turnover climbed 45.2% to VND41.1 trillion.

Boosted by infrastructure upgrades and returning capital flows, all market segments, from condotels and resort villas to land plots and luxury apartments, showed renewed dynamism.

Da Nang is now seen as the central region’s most vibrant real estate hub, powered by three pillars: improved infrastructure, proactive regional planning, and revitalized investment momentum.

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Da Nang property market rebounds strongly in Q3 2025
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