- Ba Ria land – this is a market that benefits greatly from the important infrastructure being deployed such as Bien Hoa-Vung Tau Expressway, Cai Mep Seaport, the greatest potential in this area is that the land will directly serve industrial parks, experts working at ports and airports. In the past 2 years, undeveloped land prices in this area have decreased by 28%, with an average price of 11-13 million VND/m2, however, prices have also recovered strongly from the bottom of about 20%.
In the past 2 years, land prices in this area have decreased by about 8% compared to 2023 but are relatively stable in 2024, with an average price of 16 million to 18 million VND/m2. - Game changer: Eco Retreat project, Vinhomes Duc Hoa project will be implemented in 2025 and will certainly have a new price much higher than the general level.
Dong Nai land – a bustling coordinate with many large government projects being implemented such as Long Thanh Airport, Ben Luc Long Thanh Expressway, Ring Road 3, Bien Hoa Vung Tau Expressway. Potential revolves around housing needs for experts, workers working in industrial parks and Long Thanh International Airport. - Ba Ria land – this is a market that benefits greatly from the important infrastructure being deployed such as Bien Hoa-Vung Tau Expressway, Cai Mep Seaport, the greatest potential in this area is that the land will directly serve industrial parks, experts working at ports and airports.
In the past 2 years, undeveloped land prices in this area have decreased by 28%, with an average price of 11-13 million VND/m2, however, prices have also recovered strongly from the bottom of about 20%. In 2 years, land prices in this area have decreased by 14%, the average price up to this point fluctuates at 17-20 million/m2, prices have started to stop decreasing since September 2024.
Game Changer: The Long Thanh Airport project is expected to complete in phase 1 in 2026, which can have a big impact not only on undeveloped land but also have a profound impact on many other segments and fields - Binh Phuoc land: Compared to the suburban land markets, this is a market with a sharp decline in prices with a reduction rate of nearly 40% -50% and is currently still trading around 10 million/m2.
- Binh Duong land: This is a rare market that has maintained a price increase from 2019 to 2024, with increasingly complete regional infrastructure (My Phuoc Tan Van, expansion of National Highway 13), economic growth, industry and especially strong FDI absorption attracting the top 2 immigrants in the country. The average transaction price on the market fluctuates between 25-30 million/m2.
With the increasing selling prices of central HCM projects, the trend of moving to suburban markets is inevitable, and with the land market almost frozen in the past 2 years, this could be the beginning of a recovery phase for a new cycle with a series of important infrastructures coming into operation in 2026.
Discover the latest land market trends in Vietnam—read the full article and uncover investment opportunities for 2024
Data extracted in January 2025