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Hai Phong: Real estate benefits from planning, apartments 'go against the current'

DNVN - After merging with Hai Duong, Hai Phong is striving to become a new economic growth pole in the North, creating a strong driving force for the real estate market, in which the biggest bright spot of the market is the "reversal" of the apartment segment.

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp07/10/2025

Strong boost from "super city" of marine economy

At the event announcing the real estate market report for the third quarter of 2025 on October 7, Ms. Nguyen Thi Ngoc Thuong - Director of Hai Phong Branch of Batdongsan.com.vn said that Hai Phong's growth comes from the resonance of many factors, especially after merging with Hai Duong province from July 1, 2025.

The region’s GRDP has soared to VND658 trillion, putting Hai Phong in the top 3 nationwide. Along with that, cumulative FDI reached USD44 billion and the population increased to 4.6 million people, turning this place into a huge consumer and labor market.

With the advantage of possessing all 5 types of transportation, Hai Phong is not only the gateway to the sea of ​​the North but also continuously leads the country in terms of competitiveness index (PCI) and green index (PGI).

"The merger with Hai Duong has helped Hai Phong become a new growth pole with national resilience, with an integrated maritime economic super urban model," Ms. Thuong emphasized.


Illustration photo.

According to the Director of Batdongsan.com.vn's Hai Phong Branch, the potential of Hai Phong real estate is firmly consolidated by the planning vision to 2040, oriented to 2050 according to the model "Two belts - Three corridors - Three urban centers".

The highlight of the planning is two strategic economic belts: the industrial - service belt connecting the entire Northern Delta region and the coastal economic belt. In particular, the coastal belt will link the two "super ports" Lach Huyen and Nam Do Son, along with the new generation Free Trade Zone of nearly 6,300 hectares to be deployed in 2025. This is considered a magnet to attract FDI and high-quality human resources in the future.

In addition, three new urban centers including the Historical - Administrative Center (North of Cam River), the International Trade - Financial Center (Hai An - Duong Kinh) and Tien Lang Airport Urban Area will completely reshape the urban landscape, creating vibrant and livable development areas.

"Upstream" apartments

Batdongsan.com.vn data analysis shows that the Hai Phong market is growing steadily, with no signs of "virtual fever", suitable for long-term investors and cash flow exploitation. The average selling price increased slightly from 55 million/m² in early 2023 to 61 million/m² in the third quarter of 2025.

According to Ms. Thuong, the biggest bright spot of the market is the "reversal" of the apartment segment, with interest growing by 38% in just 5 months (from April to September 2025).

The rental yield is attractive, reaching an average of 4.6%, much higher than neighboring markets such as Quang Ninh (3.1%) or Hanoi (2.4%).

The supply is diverse as the market has both commercial and social housing products, mainly concentrated in central districts such as Ngo Quyen, Hong Bang, Le Chan and is tending to expand to the mid-high-end segment.

Meanwhile, the private housing segment recorded a stable level of interest, concentrated in Le Chan, Ngo Quyen and Hai An districts. The level of interest in land plots has not recovered compared to the previous period, reflecting a decrease in speculative sentiment. However, the price level in well-planned areas such as Kien An and Ngo Quyen still grew impressively (50-60%).

Meanwhile, the Hai Duong market is currently mainly land and is in the accumulation phase, but is expected to soon diversify and develop more strongly thanks to the resonance from the "locomotive" Hai Phong.

Thu An

Source: https://doanhnghiepvn.vn/kinh-te/hai-phong-bat-dong-san-huong-loi-tu-quy-hoach-chung-cu-loi-nguoc-dong/20251007040907577


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