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Real Estate
11 August 2025

Da Nang And West Hanoi Redefine Urban Real Estate

Investors and homebuyers flock to Da Nang’s southeast and West Hanoi as new projects, rising prices, and changing lifestyles reshape the property market in 2025.

Urban landscapes in Vietnam are evolving at a breakneck pace, with both Da Nang and Hanoi’s western districts emerging as epicenters of real estate opportunity in 2025. As the country’s cities expand and transform, investors and homebuyers alike are finding themselves at a crossroads—where to place their bets, and what kind of lifestyle to pursue? The answers, it seems, are as varied as the cities themselves, but the underlying trends are impossible to ignore.

In Da Nang, the days when prime development clustered exclusively around the Han River’s aging core are fading into memory. According to Bao Giao Thong, the city’s development axis has shifted southeast, unlocking new tracts of land and drawing both investors and residents to untapped neighborhoods. This migration isn’t just a matter of geography; it’s a reflection of Da Nang’s relentless urbanization and the city’s determination to make the most of its remaining land reserves.

Take the story of Ms. Thai An, a veteran investor from Hanoi. "In 2010, I bought a plot of nearly 100 square meters on Duong Dinh Nghe street near Da Nang beach for under 1 billion VND. By 2019, I sold it for over 4 billion VND. If I had held on until now, the price would have risen even further," she recounted to Bao Giao Thong. Her experience mirrors the trajectory of Da Nang’s real estate market, where clear legal status, robust infrastructure, and thoughtful planning have become the gold standard for sought-after land plots.

The numbers bear out this surging demand. DKRA Consulting’s latest data shows that by the second quarter of 2025, demand for inner-city land in Da Nang had shot up by 50% compared to the previous year. Most transactions centered on plots priced around 54 million VND per square meter, especially in older, well-established neighborhoods where legal clarity and stable amenities are a given. In some areas, like Hoa Xuan ward, prices have soared by as much as 30% since the start of the year.

What’s fueling this fever? Part of the answer lies in supply—or rather, the lack thereof. With new land plots in short supply and a "many buyers, few sellers" scenario, experts cited by Bao Giao Thong predict that Da Nang’s land values will continue their upward trajectory for the rest of 2025, especially for projects that boast comprehensive planning and are backed by major developers. These rare inner-city parcels are now the holy grail for investors, forcing many to look to neighboring provinces for alternatives.

But Da Nang’s real estate resurgence isn’t just about scarcity. The city is riding a wave of macroeconomic momentum, bolstered by ambitious projects like the Lien Chieu deep-water port, the Da Nang Hi-tech Park, the International Fireworks Festival (DIFF), and a new 69-floor skyscraper set to become the tallest in the city. These ventures promise not only to reshape the skyline but also to attract a new influx of talent, particularly foreign professionals and specialists, who in turn drive up demand for quality housing.

This growth isn’t happening in a vacuum. In July 2025, Da Nang-Hanoi was named one of the top 10 busiest domestic flight routes in the world, reflecting the city’s burgeoning tourism sector and a steady stream of new residents. It’s no wonder, then, that the Hoa Xuan-Hoa Quy area in southeast Da Nang has become the city’s newest property hotspot. Here, urban planning embraces an ecological ethos, with parks, schools, markets, and hospitals seamlessly integrated into the landscape. The area’s infrastructure is nearly complete—95% of roads, utilities, and green spaces are in place, alongside amenities like riverside parks, a Mega Market, exhibition centers, and the Hoa Xuan stadium.

Investors are particularly keen on rare plots near Hoa Xuan Bridge, the Cam Le River, and the main Nguyen Phuoc Lan road, where the combination of scenic views and cool breezes makes for an ideal long-term residence. According to project owners, hundreds of prime riverfront lots are set to hit the market soon, offering what may be the last chance to secure a foothold in this coveted corridor. Past performance gives plenty of reason for optimism: Land prices in Hoa Xuan have previously climbed 10-18% per year, while the area’s population and housing quality have risen in tandem.

Meanwhile, nearly 800 kilometers to the north, West Hanoi is experiencing its own real estate renaissance. As CafeF reports, experts are forecasting this district as the next go-to destination for discerning residents and investors alike. The reason is clear: As land in Hanoi’s inner districts becomes scarcer and prices hit their ceiling, the western suburbs—places like Tay Tuu and Thuong Cat—are stepping into the spotlight, buoyed by rapid infrastructure expansion and a wealth of clean, developable land.

But the appeal of West Hanoi isn’t just practical—it’s philosophical. A new generation of homebuyers is redefining what it means to "live well." They’re not just looking for convenience or price; they want homes that reflect their personal aesthetics, foster community, and support a holistic lifestyle. The era of soulless, cookie-cutter developments is over. Today’s high-end clientele expect projects to offer more than just shelter—they want a living ecosystem with vision, identity, and a sense of belonging.

Enter Avenue Garden by OSI Holdings, a project that’s rewriting the rules of luxury living in West Hanoi. Rather than chasing scale for its own sake, OSI Holdings has opted for a boutique approach, crafting what CafeF describes as a "hidden European street" in the heart of the city’s new urban core. Located on a strategic site in Tay Tuu, right along the 60-meter-wide Tay Thang Long Boulevard, Avenue Garden sits at the nexus of major developments like Starlake, Ciputra, Ngoai Giao Doan, and Vinhomes Wonder City, with easy access to Noi Bai Airport.

The project spans 2.6 hectares and comprises 101 residences—36 detached villas and 65 shophouses—divided into two distinct neighborhoods: Dong Duong, which fuses Asian and European architectural influences for multi-generational families, and Thoi Dai, where neo-classical design meets open, elegant spaces built to last. The development boasts low building density and lush green spaces, including lakes, parks, and gardens. Residents enjoy a full suite of amenities—swimming pools, preschools, community centers—all designed to detox the spirit and enhance daily life.

What truly sets Avenue Garden apart, however, is its commitment to cultivating a like-minded community. With a limited number of homes, the project aims to attract residents who share similar tastes, values, and social status. As CafeF puts it, Avenue Garden is leading a new direction: "living with value, a community with standards, and investment with long-term vision." Success here, OSI Holdings hopes, will set the stage for future projects that continue to raise the bar for urban living in Hanoi.

Amid Vietnam’s rapid urbanization, both Da Nang and West Hanoi are proving that the future of real estate lies not just in location, but in thoughtful planning, community, and a willingness to redefine what home means for a new era.