How does Da Nang real estate market recover?

DNVN - According to a report on August 1 by the Danang Statistics Office, in July 2025, the real estate market in Danang City recorded many clear signs of recovery after completing the administrative merger.

Specifically, real estate business services reached nearly 2,300 billion VND, an increase of more than 4% compared to the previous month and an increase of more than 164% compared to the same period last year.

The removal of legal obstacles, flexible management policies, synchronous infrastructure investment and capital flow have contributed to promoting vibrant trading activities, especially in the border area between Da Nang and Quang Nam (old), which is considered to have high development potential thanks to the dual advantages of planning and infrastructure connection.

The first 7 months of 2025 witnessed a strong recovery of the Da Nang real estate market.

In the first 7 months of 2025, real estate business services led the other service industry group with an estimated total revenue of nearly 12,200 billion VND, an increase of nearly 120% over the same period last year. Next were arts, entertainment and recreation services of more than 5,400 billion VND (up 31%), education and training of more than 3,900 billion VND (up 39%), administration and support of nearly 3,400 billion VND (up 19%), and health and social assistance of nearly 2,780 billion VND (up 21%).

“In general, the service sector, especially real estate business activities, is gradually recovering and playing an important role in promoting the city's economic growth in the post-merger period,” said the Da Nang Statistics Office. The agency also said that in the first 7 months of 2025, Da Nang's revenue from housing and land was more than 4,000 billion VND, accounting for nearly 13% of the city's total budget revenue, an increase of more than 67% over the same period in 2024.

According to CBRE Vietnam (part of CBRE Real Estate Services Group, USA), the policy of promoting private economic development according to resolutions of the Central Government and the National Assembly is significantly improving the investment environment, facilitating businesses' access to capital and land and reducing administrative procedures, thereby speeding up the progress of large-scale real estate projects.

Along with that, the merger of Quang Nam into Da Nang since July has expanded the development space for the new Da Nang City, increased population size and land fund, increased demand, expanded supply, creating more opportunities for strategic investors and buyers to have more choices...

These factors combine to create a solid foundation for the Da Nang real estate market to maintain stable growth, attract investment capital and diversify product supply in the following quarters of 2025. Thereby contributing to consolidating the city's position as a dynamic and sustainable real estate development center in the Central region.

Sharing the same opinion, a report on July 25 by Savills Vietnam (part of Savills Real Estate Consulting Group, UK) assessed that Da Nang is rapidly transforming itself into the next economic center of Vietnam. A series of large-scale infrastructure projects open up strong potential for urban expansion, industrial development and high-value real estate.

The hotel segment in Da Nang continues to recover with high occupancy rates. Apartment supply has improved after a long period of stagnation. Many positive signals are gradually appearing for hotel apartments and the beach villa market is reshaping the high-end resort real estate segment in this central coastal city.

Hai Chau

Source: https://doanhnghiepvn.vn/kinh-te/thi-truong-bat-dong-san-da-nang-phuc-hoi-nho-dau/20250802115051640