Explaining the reasons for the booming housing market in Da Nang

DNVN - According to Savills Vietnam, the Da Nang housing market is showing strong signs of recovery thanks to key infrastructure projects and policies that create long-term development momentum.

According to the Da Nang real estate market report H1/2025 recently announced by Savills Vietnam (part of Savills Real Estate Services Group, London, UK), Da Nang City is gradually transforming itself into an economic and innovation center, promoted by a series of large-scale infrastructure projects and new development policies.

Customers learn about the 5-star hotel and apartment complex project The Soleil Da Nang announced to open for sale on October 26, 2025.

Savills Vietnam commented that the Da Nang real estate market is entering a period of strong recovery and moving towards sustainable growth, with two main segments being housing and resort real estate. In particular, the supply of apartments and the price level have a positive recovery.

Specifically, the supply of apartments has increased sharply again since the beginning of 2024. Primary prices in new projects remain high thanks to prime locations, reputable investors and upgraded handover standards. The choice of investment segments is also clearly differentiated. Investors from Hanoi and Ho Chi Minh City prioritize Class A products, while local buyers focus on the mid-range segment for long-term residence.

Ms. Do Thu Hang - Senior Director, Research & Consulting, Savills Hanoi said that by the second quarter of 2025, the average apartment price in Da Nang will reach about 77 million VND/m². This price is higher than before, mainly due to the projects being in prime locations, being well-invested and having increased input costs.

In the low-rise segment, the market recorded a large demand for land plots and shophouses. Almost all of the existing supply of villas, shophouses and townhouses has been absorbed. In the future, the emergence of large-scale projects is expected to continue to boost supply and transactions in the low-rise segment.

According to Savills Vietnam, the Da Nang housing market is thriving thanks to key infrastructure projects and policies that create long-term growth momentum. A series of infrastructure projects such as Lien Chieu Port, the International Financial Center (RFC), the Free Trade Zone (FTZ) and the expansion of Da Nang International Airport are considered the foundation to promote long-term growth for the market.

Mr. Matthew Powell - Director of Savills Hanoi believes that breakthroughs in infrastructure and policies will have a profound impact on the economy and tourism of Da Nang, thereby promoting sustainable development for real estate. Da Nang is becoming an attractive destination thanks to its open economic policy and clear development orientation.

Savills Hanoi also noted that, in addition to high-end projects, the appearance of new apartment and urban area products in non-central areas helps the Da Nang real estate market become more diverse and attract more long-term investors.

It is expected that in the period 2025-2027, the market will have more than 12,000 new apartments launched in many different areas. Projects near the sea or in the city center of reputable investors will maintain high prices, while areas further away from the center will have more affordable options, helping to diversify the market.

“With improved infrastructure, proactive planning and investor confidence, the Da Nang housing market is expected to maintain steady growth in the next few years. While high-end projects continue to drive the price level, the development of the affordable segment in new areas will create a more balanced and sustainable market,” said Matthew Powell.

Hai Chau

Source: https://doanhnghiepvn.vn/kinh-te/ly-giai-nguyen-nhan-thi-truong-nha-da-nang-khoi-sac/20251027074356200