Investors flock to the area bordering Da Nang

Rumors of a merger have made the land in the area bordering Da Nang - Quang Nam "heat up" day by day, real estate investors flock here to find opportunities.

In recent days, rumors about the merger of Da Nang and Quang Nam have attracted the attention of real estate investors. From a relatively quiet scene before the Lunar New Year, over the past month, the area bordering these two localities has suddenly experienced a strong land fever.

Present at the project area of Thai Duong urban area - 1A - 1B - No. 3 - No. 4, in the new urban area of Dien Nam - Dien Ngoc (Dien Ban town, Quang Nam province), we witnessed real estate kiosks that had been closed for several years, now reopened. Brokers and investors continuously go in and out of the projects to "hunt for land".

Mr. De, the owner of a real estate kiosk in Urban Area No. 3, said that in the past few days, he has closed an average of 2 to 3 plots of land per day. This is a fairly high transaction rate compared to before 2025.

“Currently, in Urban Area No. 3, land prices have risen to no less than 2.8 billion VND/plot. Below that level, landowners refuse to sell. Area 1A-1B is even higher, at 3.3-3.4 billion VND/plot, with some plots even going up to 4.3 billion VND. Recently, a friend of mine sold a pair of 2 plots for 8.6 billion VND,” Mr. De shared.

Urban Area No. 4, adjacent to and separated from FPT City Da Nang Urban Area Project (Ngu Hanh Son District) by a row of fences, is also one of the areas that investors have been continuously "watching" in recent days.

Ms. Do Hien, an employee of a real estate kiosk here, introduced that the total area of this project is about 45 hectares, with more than 1,700 plots, completed infrastructure and red books for each plot.

“The project is adjacent to Co Co River, adjacent to Da Nang, has a large 27m road connecting and leading to the sea, so it has a very promising future. Currently, the lowest selling price here is 2.18 billion VND/lot with an area of 90 m2, 7.5 m road frontage. Meanwhile, on the other side of the fence is the FPT City Da Nang Urban Area project, the cheapest selling price is also more than 3.5 billion VND/lot. Compared to adjacent projects outside, the selling price here is still about 1 billion VND lower. In the future, when the two localities merge, the land price here will definitely increase further,” Ms. Hien analyzed.

Not only the projects adjacent to Da Nang, a little further away, the area of projects along the Co Co River such as Sea View, Ngoc Duong Riverside are also having a "breakthrough" after many years of flat prices. Here, before Tet, the price was only about 1.6-2 billion VND/lot, but now it has increased to 2.4-2.6 billion VND/lot and there are signs that it will soon reach 3 billion VND/lot.

The bustling market has attracted the return of real estate investors and brokers. Mr. Nguyen Huu Quyet, an investor in Hoa Hai Ward (Da Nang), said that in recent days, many of his friends from Hanoi have flown to Da Nang to look for land to buy. Accordingly, the areas that they are most "hunting" for are still projects located on the border between Da Nang and Quang Nam and the area along the Co Co River.

“Hanoi investors believe that if Da Nang merges with Quang Nam, the Co Co River dredging project will soon be implemented, and at the same time, land prices in the Dien Nam - Dien Ngoc area will soon increase to approach the land prices of the Da Nang area,” said Mr. Quyet.

From another perspective, Mr. Vo Trong Phung, Director of Bold Land Company Limited, analyzed that investors choose the time after Tet to buy land partly because banks are tending to lower credit interest rates.

“In fact, the real estate market has been frozen for the past few years, but investors still have a lot of savings. Because the market has no “waves”, they deposit them in banks to preserve capital. Currently, macroeconomic management policies and bank interest rates are tending to be adjusted downward, combined with the fact that the Da Nang - Quang Nam market is becoming more active again due to merger rumors, so investors are withdrawing their money and focusing on transferring capital to buy land with the hope that the profitability will be higher,” Mr. Phung explained.

Although the market is bustling, Mr. Phung assessed that this is just the beginning, when investors are still "collecting goods", and there are no signs of "dumping" to "create waves" like before.

Mr. Tran Xuan Tuan, a real estate expert, recommends that investors, especially local customers with little capital, need to be careful when deciding to invest at this time, to avoid falling into the herd mentality.

“Rapid price increases may bring short-term benefits to early buyers, but the long-term risks for later investors are huge. When the market adjusts, land prices may increase further, but they may also decrease. At that time, F2 and F3 investors who come later, if they cannot sell their goods in time, will easily face the risk of losing capital,” Mr. Tuan warned.

Source: https://baodautu.vn/batdongsan/gioi-dau-tu-do-ve-khu-vuc-giap-ranh-da-nang---quang-nam-d254756.html