Da Nang: Uneven supply of apartment segments

DNVN - On October 23, real estate services corporation DKRA Group announced a report on the residential real estate market in Da Nang City in the third quarter of 2025, recording a positive recovery from the land and apartment segments.

According to DKRA Group, the residential real estate market in Da Nang City in the third quarter of 2025 has not recovered evenly in all segments. However, the market is still driven by many positive factors from policies, laws, traffic infrastructure, etc. That has helped the land and apartment segments in the area recover significantly.

Da Nang has an abundant supply of class A apartments but lacks class B and C apartments to meet the real housing needs of the majority of people.

For the land segment, primary supply in the third quarter recorded an increase of 85% compared to the same period in 2024. Ngu Hanh Son Ward took the lead, accounting for 91% of the supply and 99% of new consumption. The effect of "big guys" entering the Da Nang land market created a strong boost for regional growth in the third quarter.

The overall market demand has improved, with total consumption reaching about 54% of the total primary supply. Compared to the previous quarter, primary prices increased by an average of 3%. Meanwhile, the average secondary price level increased by 4% compared to the second quarter of 2025. Transactions are concentrated in projects belonging to urban complexes, with convenient regional connectivity, and completed legal infrastructure...

DKRA Group forecasts that in the fourth quarter of 2025, the new supply of land plots in Da Nang City will maintain a positive upward trend, with an expected 850 - 950 new products for sale. In particular, areas such as Ngu Hanh Son Ward, Dien Ban Dong Ward, etc. will be the main source of supply for the market.

The primary price level has not fluctuated much compared to the previous quarter and continues to be high due to the impact of input costs. Sales incentive policies are maintained to stimulate market demand. The secondary market maintains the recovery momentum in terms of price and liquidity. The group of products with completed legal procedures, belonging to urban complexes with diverse utilities, convenient regional connections... will be the main liquidity force of the market.

In the apartment segment, primary supply in the third quarter continued to increase by 87% over the same period. The Class A apartment segment maintained its leading position, accounting for 81% of the total primary supply in Da Nang. Market demand improved, reaching 68% of the total primary supply, mostly in newly launched projects in Hoa Xuan, Ngu Hanh Son and Hoa Cuong wards.

However, according to DKARA Group, the market is gradually showing an imbalance in supply between segments, as most of the projects launched on the market are positioned in the high-end segment. The selling price continuously sets a new price level, ranging from 80 - 100 million VND/m2 of apartment, which has somewhat limited the choice of buyers.

DKRA Group forecasts that in the apartment segment, new supply introduced to the market in the fourth quarter may remain at the level of the third quarter or increase slightly, fluctuating between 3,000 and 4,000 apartments. The class A apartment segment continues to account for a large proportion of the new supply structure introduced to the market, concentrated in An Hai and Hoa Cuong wards.

The overall demand forecast for the whole market continues to be positive, but the imbalance and shortage of supply in the B and C class apartment segments to meet the real housing needs of the majority of people still persist. Secondary liquidity is expected to continue to maintain a stable growth trend, focusing on projects that have handed over houses and have convenient transportation connections to the city center.

Hai Chau

Source: https://doanhnghiepvn.vn/kinh-te/da-nang-nguon-cung-cac-phan-khuc-can-ho-khong-dong-deu/20251023035515031