Da Nang: Apartments are scarce, townhouses and villas increase in supply

Specifically, the primary supply of the apartment segment in Da Nang and its vicinity decreased by 14% compared to the same period last year; mainly concentrated in Da Nang City (in which Son Tra district accounts for nearly 33% of the total primary supply in the whole market); while Hue and Quang Nam continue to have a shortage of new projects for sale.

In April 2025, primary supply of apartments in Da Nang and surrounding areas decreased; townhouses/villas increased compared to the same period in 2024.

Primary and secondary prices have not fluctuated much, secondary liquidity is concentrated in projects that have handed over houses, conveniently connected to the city center. The primary consumption rate reached 13% of supply, mostly from projects that were previously deployed for sale. With some projects in Da Nang implementing communication and accepting bookings, the supply of this segment in the coming months is forecast to increase, with the peak falling in June 2025.

For the townhouse/villa segment, primary supply increased slightly by 0.3% over the same period, but most of it still came from inventory, while new supply continued to be scarce, accounting for only 2% of total supply. Market demand improved over the same period but remained low. Transactions were mainly concentrated in large-scale projects with clear legal status, with selling prices ranging from VND25-30 billion/unit in Da Nang; from VND3-7 billion/unit in Quang Nam and Hue.

Hue dominates in terms of supply, contributing 46% of the total supply in the market; Da Nang leads in consumption, accounting for 47%. Primary selling prices remain stable, not fluctuating much compared to the same period. Investors continue to promote incentives such as bank loan support, interest rate incentives, and principal grace periods to increase liquidity.

The secondary selling price level of this segment continues to trend sideways compared to the end of 2024, but slightly decreased by 4% compared to the same period. The decrease is mainly concentrated in the group of projects that have been implemented for a long time, are behind schedule and have not completed legal procedures.

The primary supply of the resort real estate segment - resort villas continued to decrease by about 3% over the same period, mostly coming from the inventory of old projects, while new supply has been almost absent for the past three years. Market demand remains at a very low level with modest transaction volume, accounting for only about 0.4% of total primary supply.

Primary prices are stable, with little change compared to the same period last year. Investors are trying to launch many preferential policies, discounts, interest rate support, and demand stimulation, but liquidity difficulties have not improved, continuing to weigh on market sentiment. Investor confidence is low, leading to a prolonged gloomy state and has not shown any signs of recovery in the short term.

For resort real estate - resort townhouses/shophouses, the supply has not changed much compared to the same period last year, mostly coming from the inventory of old projects. The market continues to be quiet, with no transactions recorded in the past month.

Primary selling prices continue to trend sideways despite the widespread application of incentives and discounts.

Hai Chau

Source: https://doanhnghiepvn.vn/kinh-te/da-nang-can-ho-khan-hiem-nha-pho-va-biet-thu-tang-nguon-cung/20250517075156805