Land of Da Nang increased 7-8 times from 2012

According to the Vietnam Real Estate Association (VNREA), in Da Nang, although investors and customers are cautious, the transaction in 2017 is still high. Notary offices are always overloaded and overloaded due to the amount of real estate transactions.

“In addition to trading projects, market stability and good social infrastructure, the number of migrants to Da Nang is increasing day by day and the number of transactions in the CBD is about 20-30% higher than in 2016.” This comment.

According to VNREA, the transaction is mainly to buy and sell the projects sold out. The price of residential land fluctuates sharply, about 7-8 times higher than in 2012 and about 25% in 2017 compared to 2016.

In particular, the downtown area is hunted for more because of the less favorable location and the transaction is boosted by a series of food and beverage (F & B) brands appearing needing beautiful and central locations.

At the land market, VNREA said that Hoa Xuan area, south of Nguyen Tri Phuong bridge and southern of Da Nang, has been steadily launching 500-1,000 units a month, with the transaction rate of this sector relatively high. high. Some batches of transactions come back 2-3 times due to the limited number of launches of the investor and in addition to Da Nang customers have neighboring provinces to buy to invest and live.

Nguyen Ha.