Real estate market "warms" again

In recent days, on social networking sites, the frequency of posts advertising land for sale has increased dramatically. The bustling atmosphere of “going to see land” everywhere, from residential areas to suburban areas, is clear evidence of the upturn in the real estate market at this time.

Ms. BTT - a real estate broker in Buon Ma Thuot City said that since the beginning of 2025, the atmosphere of land buying and selling has become much more exciting than before. Typically, there are plots of land that have just been advertised but less than a day later, there are customers "closing". In just the first 3 months of the year, Ms. T. has successfully brokered 9 plots of land. This number is almost equal to the number of plots of land that she successfully brokered in the whole year of 2024.

Land in suburban areas also attracts the attention of many people.

According to a real estate business in Buon Ma Thuot City, the real estate market in Buon Ma Thuot sometimes has a local "fever" in some areas that are sought after by investors and buyers. The increase in real estate transactions in recent times is due to the appearance of many large projects. These projects have created a positive effect, boosting real estate values, stimulating the market. In addition, the psychology of buyers before the information about the province's merger (although not yet official) also contributes to increasing the heat of the market.

According to the Dak Lak Real Estate Association, in the first months of 2025, the real estate market in the province as well as the whole country is showing signs of recovery as the number of transactions increases. This shows that the confidence of investors and people is gradually returning after a period of stagnation. In Dak Lak, the launch of a number of large projects such as: The project of the complex of commercial centers, hotels and housing at 02 Mai Hac De, Buon Ma Thuot City; The largest coffee factory in Southeast Asia; Construction of technical infrastructure of Phu Xuan Industrial Park in Ea Drong commune (Cu M'gar district) has created momentum for the market and attracted the attention of investors inside and outside the province.

Data from the Dak Lak Provincial Land Registration Office also shows that in the first quarter of 2025, the unit received and processed 74,265 administrative procedures on land, an increase of 17.3% over the same period in 2024.

According to many real estate businesses and experts, the Dak Lak real estate market has passed the “bottom” and is likely to recover positively by the end of this year. However, the situation of rapid and uncontrolled land price increases can cause many risks for investors and affect the overall socio-economic development.

Dak Lak real estate market has passed the "bottom" and is likely to recover positively by the end of this year.

In Cu M'gar district, to avoid the virtual land "fever", avoid the risk of a real estate "bubble" in the area, and ensure security and order in the locality, the district People's Committee has issued a document to the People's Committees of communes, towns, and related departments and offices to strengthen land management, construction, and real estate business in the area. In particular, the People's Committees of communes and towns are required to regularly promote propaganda and dissemination of legal regulations, especially laws on land, construction, real estate business, etc. to organizations and people to know, raise awareness and comply with the law.

In the context that the whole country is streamlining the apparatus and merging administrative units, Chairman of Dak Lak Real Estate Association Nguyen Van Ke said that the real estate market still needs more time to stabilize and develop sustainably. Investors need to be cautious, carefully study the law as well as long-term growth potential to make appropriate decisions. It takes time to accumulate before growing and this is also the right time for investors to consider returning to the market. According to Mr. Ke, in order for the real estate market to gradually stabilize and enter the orbit of sustainable development, both enterprises and state management agencies need to synchronously deploy many solutions. In particular, it is necessary to accelerate administrative procedure reform, well manage planning, supply sources, and forces participating in the real estate sector...

Source: https://baodaklak.vn/tin-noi-bat/202503/thi-truong-bat-dong-san-am-tro-lai-2b016d7/