Be careful with the "virtual wave" of real estate in Da Nang

DNO - On the morning of July 22, at the announcement of the real estate market focus in Da Nang city in the second quarter of 2025, Ms. Duong Thuy Dung, Executive Director of the research department of CBRE Vietnam Co., Ltd., commented that real estate in Da Nang is recovering strongly, but investors need to be cautious, avoiding chasing the "virtual waves" created by brokers.

CBRE recommends that choosing the right segment, at the right time and in accordance with the law is still the golden rule in the current market reconstruction phase. Photo: TRONG HUNG

According to CBRE Vietnam, the resort real estate market in Da Nang has recently recorded a comeback with the supply of condotels increasing to 7,688 units from 18 projects. The selling prices of condotels and resort villas increased by 15% and 12% respectively, however, the villa consumption rate is low, averaging only about 14-15 units/year, due to high prices and legal problems making investors hesitant.

“In the period of 2025 – 2027, many new projects will be launched, especially when legal barriers are gradually removed. However, investors need to carefully choose projects with clear legal status, reputable brands and real profitability. Carefully analyzing the legality and development capacity of the project is a key factor in the context of a sensitive market,” said Ms. Dung.

In the apartment segment, the market recorded 950 new apartments from 4 projects, bringing the total supply to 12,300 units. The average primary selling price reached VND85 million/m², up 27% over the same period; some projects along the Han River recorded prices of up to VND130-200 million/m². However, the transaction volume decreased by 65% compared to the last 6 months of 2024 due to the extremely high price level.

However, CBRE believes that factors such as GRDP increasing by 11.7%, FDI capital reaching 62 million USD and the merger policy between Da Nang city and Quang Nam are creating great room for growth. The appearance of international brands such as Mandarin Oriental, JW Marriott, Nobu Hospitality... continue to strengthen confidence in the mid- to high-end market.

However, CBRE noted that rising real estate prices do not mean the market has entered a hot cycle. Investors need to prioritize legal transparency, efficient cash flow and avoid investing in trends. Areas showing signs of land fever due to speculation need to be carefully considered.

According to Ms. Duong Thuy Dung, choosing the right segment, at the right time and in accordance with the law is still the golden rule in the current market reconstruction phase.

Source: https://baodanang.vn/than-trong-voi-song-ao-bat-dong-san-tai-da-nang-3297570.html