Real estate market demand in Da Nang and surrounding areas is still slow to improve

Market demand in the land segment has recorded growth, especially in the border area after the policy of merging Quang Nam and Da Nang City. Photo: HA SAU

According to market analysis by DKRA Consulting, in April, market demand improved in some segments but was still quite slow.

In the land segment, the overall market demand remains low, with consumption reaching about 4% of the total supply, although it still recorded an increase of about 43% compared to the same period last year. Notably, in this segment, Quang Nam supplies up to 81% of the primary supply.

This can be seen as the segment with the most obvious movements when receiving information about administrative unit mergers. Secondary selling prices of land segment achieved an average increase of about 2% compared to March.

The group of products belonging to urban complexes, diverse internal and external utilities, complete legal procedures... are the main liquidity force of the market.

In the townhouse/villa segment, market demand has also improved compared to the same period but is still low. Transactions are mainly concentrated in large-scale projects with clear legal status, with selling prices ranging from 25 - 30 billion VND/unit in Da Nang City and from 3 - 7 billion VND/unit in Quang Nam and Hue City.

Liquidity in some segments continues to face difficulties, even some types (condotel) have no recorded transactions in April. Illustration photo: HA SAU

In the remaining segments such as apartments; resort villas; resort shophouses; condotels... continued to record stagnation, liquidity continued to face difficulties, even some types (condotels) had no transactions recorded in April.

DKRA forecasts that the supply of apartments in Da Nang City in the coming months is expected to increase, with the peak falling in June 2025.

Meanwhile, in some types such as resort villas, resort shophouses or condotels, liquidity difficulties continue to weigh on market sentiment. Investor confidence is low, leading to a prolonged gloomy state and has yet to show any signs of recovery in the short term.

Source: https://baoquangnam.vn/suc-cau-thi-truong-bat-dong-san-da-nang-va-vung-phu-can-van-cham-cai-thien-3154917.html