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Quang Ninh is one of Vietnam's most dynamic property markets, thanks to Ha Long Bay tourism and major infrastructure investments.
In this article, we break down the current housing prices in Quang Ninh, and we constantly update this blog post with the latest data.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Quang Ninh.
Insights
- The gap between asking and closing prices in Quang Ninh is only about 4% on average, which is tighter than many other Vietnamese provinces because sellers here price more realistically from the start.
- Quang Ninh property prices rose around 9% over the past year in nominal terms, but once you adjust for inflation, the real gain is closer to 5%.
- New-build homes in Quang Ninh carry a premium of about 12% over comparable existing properties, mainly because developers bundle amenities and easier financing options.
- Sea-view condos in Bai Chay can reach 80 million VND per square meter, while properties in Cam Pha or Dong Trieu start as low as 18 million VND per square meter.
- Over the past 10 years, Quang Ninh housing prices have increased by roughly 140% in nominal terms and about 70% after adjusting for Vietnam's inflation.
- Apartments and condos make up about 32% of the Quang Ninh market, followed by townhouses at 26%, reflecting strong tourism-driven demand for compact units.
- For around 100,000 USD, you can find an existing two-bedroom condo in Ha Khanh or a small townhouse in Uong Bi, making Quang Ninh accessible for mid-range budgets.
- Tuan Chau and Van Don are the priciest areas in Quang Ninh, with luxury villas reaching 30 billion VND or more due to their resort-style positioning and limited supply.
What is the average housing price in Quang Ninh in 2026?
The median housing price is more useful than the average because it shows what a typical buyer actually pays, without being pulled upward by a few ultra-expensive villas or prime shophouses.
We are writing this as of the first half of 2026 with the latest data collected from authoritative sources like Batdongsan.com.vn, the Quang Ninh provincial land price tables, and CBRE market reports, all of which we manually double-checked.
The median housing price in Quang Ninh in 2026 is around 3.2 billion VND (about 122,000 USD or 110,000 EUR), while the average housing price is about 4.1 billion VND (around 156,000 USD or 141,000 EUR) because high-end villas and sea-view properties push the average up.
About 80% of residential properties in Quang Ninh in 2026 fall within the range of 1.8 to 7.5 billion VND (68,000 to 285,000 USD or 62,000 to 259,000 EUR).
A realistic entry-level budget in Quang Ninh in 2026 is around 1.2 to 1.8 billion VND (46,000 to 68,000 USD or 41,000 to 62,000 EUR), which could get you an existing compact apartment of 40 to 50 square meters in outer Bai Chay or Cam Pha with basic finishes.
For luxury properties in Quang Ninh in 2026, expect to pay between 12 and 30 billion VND (456,000 to 1.14 million USD or 414,000 to 1.03 million EUR), which would get you a new sea-view condo of 120 to 160 square meters in central Bai Chay or a resort-style villa of 250 to 350 square meters in Van Don.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Quang Ninh.
Are Quang Ninh property listing prices close to the actual sale price in 2026?
In Quang Ninh in 2026, the estimated gap between asking prices and actual closed prices is around 4% on average, meaning buyers typically negotiate a modest discount from the listed price.
This gap exists because Vietnamese sellers often add a small buffer expecting negotiation, and the discount tends to be smaller for apartments (around 3%) compared to landed homes like townhouses and detached houses (around 5 to 6%). The variation is most significant for high-end villas and shophouses, which can sit on the market longer and therefore see larger negotiated discounts.
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What is the price per sq m or per sq ft for properties in Quang Ninh in 2026?
As of early 2026, the median housing price per square meter in Quang Ninh is around 38 million VND (1,445 USD or 1,310 EUR), which translates to about 3.5 million VND per square foot (134 USD or 122 EUR). The average price per square meter is higher at around 45 million VND (1,710 USD or 1,550 EUR), or about 4.2 million VND per square foot (159 USD or 144 EUR).
Smaller new studio or one-bedroom units in prime sea-view locations like Bai Chay waterfront have the highest price per square meter in Quang Ninh in 2026 because buyers pay for location and amenities rather than floor area, while older larger apartments in less central districts have the lowest price per square meter due to weaker tourism appeal and renovation needs.
The highest prices per square meter in Quang Ninh in 2026 are found in Bai Chay, Tuan Chau, and select Van Don resort zones, ranging from 55 to 90 million VND per square meter. The lowest prices are in Cam Pha, Dong Trieu, and non-prime pockets of Quang Yen, ranging from 18 to 30 million VND per square meter.
How have property prices evolved in Quang Ninh?
Compared to one year ago, Quang Ninh housing prices in January 2026 are up about 9% in nominal terms, or roughly 5% after adjusting for inflation. This increase happened because demand stayed resilient while new supply approvals remained tight across the province.
Looking back ten years to January 2016, Quang Ninh property prices have increased by around 140% in nominal terms, or about 70% in real inflation-adjusted terms. This long-term growth was driven by major infrastructure investments, the boom in Ha Long Bay tourism, and the shift toward more branded condo and villa developments across the province.
By the way, we've written a blog article detailing the latest updates on property price variations in Quang Ninh.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Quang Ninh.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
How do prices vary by property type in Quang Ninh in 2026?
In Quang Ninh in 2026, apartments and condos make up about 32% of the market, townhouses account for 26%, detached houses represent 15%, shophouses are 12%, villas are 10%, and small residential land lots for self-build are around 5%, reflecting the strong tourism-driven demand for compact units near Ha Long Bay.
The average price for apartments in Quang Ninh in January 2026 is around 3 billion VND (114,000 USD or 103,000 EUR), townhouses average 4.5 billion VND (171,000 USD or 155,000 EUR), shophouses are about 8.5 billion VND (323,000 USD or 293,000 EUR), detached houses average 4 billion VND (152,000 USD or 138,000 EUR), villas average 16 billion VND (608,000 USD or 552,000 EUR), and residential land lots average 2.2 billion VND (84,000 USD or 76,000 EUR).
If you want to know more, you should read our dedicated analyses:
- How much do properties cost in Quang Ninh?
- How much should you pay for a house in Quang Ninh?
- How much should you pay for lands in Quang Ninh?
How do property prices compare between existing and new homes in Quang Ninh in 2026?
In Quang Ninh in 2026, new-build properties carry a premium of around 12% compared to similar existing homes.
This premium exists because new developments bundle modern amenities, branded marketing, and easier financing options, while existing homes often require renovation and involve more variation in legal documentation and build quality.
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How do property prices vary by neighborhood in Quang Ninh in 2026?
Bai Chay in Ha Long is the most popular area for both local and foreign buyers, offering sea-view condos and modern apartments. Prices here range from 45 to 80 million VND per square meter (1,710 to 3,040 USD), driven by tourism infrastructure and waterfront access.
Hong Gai in Ha Long provides a more local urban feel with a mix of condos and townhouses at more accessible prices. Expect to pay between 35 and 60 million VND per square meter (1,330 to 2,280 USD), making it a good option for families who want city services without the full tourist premium.
Tuan Chau is the luxury enclave of Quang Ninh, featuring resort-style villas and premium waterfront condos. Prices here are the highest in the province, ranging from 65 to 90 million VND per square meter (2,470 to 3,420 USD), reflecting the exclusive positioning and limited supply.
You will find a much more detailed analysis by areas in our property pack about Quang Ninh. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Category | Price Range (VND / USD) | Per sqm (VND / USD) | Per sqft (VND / USD) |
|---|---|---|---|---|
| Bai Chay (Ha Long) | Popular / Sea-view | 2.0 - 9.0b / 76k - 342k | 45 - 80m / 1,710 - 3,040 | 4.2 - 7.4m / 159 - 282 |
| Hong Gai (Ha Long) | Commute / City core | 1.8 - 6.5b / 68k - 247k | 35 - 60m / 1,330 - 2,280 | 3.3 - 5.6m / 124 - 212 |
| Tuan Chau (Ha Long) | Luxury / Resort | 8 - 30b / 304k - 1.14M | 65 - 90m / 2,470 - 3,420 | 6.0 - 8.4m / 229 - 318 |
| Cot 5 - Cot 8 (Ha Long) | Family / Newer urban | 2.2 - 7.5b / 84k - 285k | 38 - 65m / 1,445 - 2,470 | 3.5 - 6.0m / 134 - 229 |
| Ha Khanh (Ha Long) | Value / Residential | 1.6 - 4.5b / 61k - 171k | 28 - 45m / 1,065 - 1,710 | 2.6 - 4.2m / 99 - 159 |
| Cam Pha (center) | Value / Local | 1.2 - 3.8b / 46k - 145k | 18 - 30m / 685 - 1,140 | 1.7 - 2.8m / 63 - 106 |
| Uong Bi (center) | Family / Services | 1.6 - 4.8b / 61k - 183k | 22 - 36m / 837 - 1,370 | 2.0 - 3.4m / 78 - 127 |
| Mong Cai (center) | Border trade / Mixed | 1.5 - 6.0b / 57k - 228k | 24 - 45m / 913 - 1,710 | 2.2 - 4.2m / 85 - 159 |
| Van Don (select zones) | Growth / Resort | 3.0 - 20b / 114k - 760k | 40 - 75m / 1,520 - 2,850 | 3.7 - 7.0m / 141 - 265 |
| Quang Yen (center) | Value / Commute | 1.2 - 4.0b / 46k - 152k | 18 - 32m / 685 - 1,220 | 1.7 - 3.0m / 63 - 113 |
| Dong Trieu (center) | Entry / Local | 1.0 - 3.2b / 38k - 122k | 17 - 28m / 646 - 1,065 | 1.6 - 2.6m / 60 - 99 |
| Ha Long fringe (outer wards) | Value / Mixed | 1.4 - 5.0b / 53k - 190k | 25 - 40m / 951 - 1,520 | 2.3 - 3.7m / 88 - 141 |
How much more do you pay for properties in Quang Ninh when you include renovation work, taxes, and fees?
In Quang Ninh in 2026, buyers should expect to pay an additional 3% to 14% on top of the purchase price depending on whether the property is existing or new-build, covering registration fees, notary costs, maintenance funds, and potential renovation.
If you buy a property around 200,000 USD (5.26 billion VND) in Quang Ninh, expect additional costs of roughly 6% to 11%, which means an extra 12,000 to 22,000 USD (315 to 580 million VND). Your total all-in cost would be around 212,000 to 222,000 USD.
For a property around 500,000 USD (13.15 billion VND), the additional costs would be similar in percentage terms, adding roughly 30,000 to 55,000 USD (790 million to 1.4 billion VND). Your total would come to around 530,000 to 555,000 USD.
For a property around 1,000,000 USD (26.3 billion VND), expect additional costs of 60,000 to 110,000 USD (1.6 to 2.9 billion VND), bringing your total to around 1.06 to 1.11 million USD.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Quang Ninh
| Expense | Category | Estimated Cost (VND / USD) |
|---|---|---|
| Registration fee | Fees / Tax | Around 0.5% of the assessed base value, which is often tied to provincial price tables rather than the full market price. For a 3 billion VND property, expect around 15 million VND (570 USD). |
| Notary and admin | Fees | Ranges from 5 to 25 million VND (190 to 950 USD) depending on contract value and complexity. More expensive properties typically require more documentation and higher fees. |
| Agent or broker fee | Fees | Usually 0.5% to 2% of the purchase price if you use an agent, though this varies widely. For a 3 billion VND property, expect 15 to 60 million VND (570 to 2,280 USD). |
| Maintenance fund (condos) | Building fund | Typically 2% of the purchase price for new condos, paid upfront to the building management. For a 3.2 billion VND condo, this is around 64 million VND (2,430 USD). |
| Renovation (existing homes) | Renovation | Ranges from 50 to 400 million VND (1,900 to 15,200 USD) depending on the condition of the property and the level of finish you want. Older properties in less central areas often need more work. |
We made this infographic to show you how property prices in Vietnam compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Quang Ninh in 2026 with different budgets?
With 100,000 USD (2.63 billion VND) in Quang Ninh in January 2026, you could buy an existing two-bedroom condo of around 65 square meters in Ha Khanh (Ha Long), an existing small townhouse of 80 to 90 square meters in Uong Bi with basic finishes, or a new compact condo of 40 to 45 square meters in outer Bai Chay without sea views.
With 200,000 USD (5.26 billion VND), you could buy an existing townhouse of 110 to 130 square meters in Hong Gai with good access to city services, a new two-bedroom condo of 70 to 80 square meters in mid-tier Bai Chay with modern amenities, or a detached house of 140 to 170 square meters in central Mong Cai.
With 300,000 USD (7.89 billion VND), you could buy a smaller shophouse of 110 to 130 square meters on a non-prime stretch of the Bai Chay corridor, a large new condo of 95 to 110 square meters in Bai Chay with partial views, or a high-end townhouse of 140 to 160 square meters in the Cot 5 to Cot 8 newer urban area.
With 500,000 USD (13.15 billion VND), you could buy a premium sea-view condo of 130 to 160 square meters in Tuan Chau (new construction), a large shophouse of 150 to 180 square meters in central Bai Chay with good frontage, or an entry-level villa of around 250 square meters in Van Don.
With 1,000,000 USD (26.3 billion VND), you could buy a luxury villa of 300 to 400 square meters in Tuan Chau with prime resort-style positioning, a top-tier sea-view condo or penthouse-style unit of 180 to 250 square meters on the Bai Chay waterfront, or a prime shophouse block of over 200 square meters on the highest footfall streets in Bai Chay.
With 2,000,000 USD (52.6 billion VND), Quang Ninh does have a market at this level, but listings are thin and properties often take longer to sell, so you could find an ultra-prime villa compound in Tuan Chau with landmark positioning, a portfolio of two to three premium sea-view condos in Bai Chay or Tuan Chau, or a rare prime commercial-residential shophouse cluster in central Bai Chay typically negotiated privately.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Quang Ninh.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Quang Ninh, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| Quang Ninh People's Committee Decision 39/2025 | This is an official provincial decision that sets the government's land price table used for taxes, fees, and administrative valuations. | We used it as the official anchor for land values and to verify which areas should have higher or lower prices. We also used it to check location premiums across districts. |
| Vietnam National Statistics Office (CPI) | This is the national statistics agency publishing Vietnam's official inflation data. | We used it to inflation-correct the one-year comparison and to calculate real price changes. We also referenced it to explain how housing costs affect price dynamics. |
| World Bank Inflation Series (Vietnam) | This is a widely used international dataset with consistent time series for cross-checking inflation figures. | We used it to verify Vietnam's recent inflation level against multiple sources. We also used it to build a realistic ten-year inflation adjustment for long-term comparisons. |
| IMF WEO Inflation (Vietnam) | This is the IMF's standardized macro dataset used globally by economists and policymakers. | We used it as a third inflation cross-check, especially for the latest year. We ensured our inflation-corrected estimates are consistent with major international institutions. |
| Batdongsan.com.vn (Quang Ninh) | This is Vietnam's largest mainstream property portal with market-facing asking prices at large scale. | We used it to estimate actual market asking prices in Quang Ninh by property type and location. We also used it to derive realistic price ranges and identify concrete property examples. |
| Batdongsan.com.vn (Ha Long) | This provides specific listings for Ha Long City, the main urban center of Quang Ninh province. | We used it to pull detailed neighborhood-level price data for Ha Long districts. We cross-referenced these listings with provincial land tables for accuracy. |
| CBRE Vietnam Market Outlook | CBRE is a top-tier global real estate consultancy with established research methods and institutional clients. | We used it to frame the broader Northern Vietnam residential cycle including supply, demand, and recovery trends. We also used it to support the explanation of why prices moved. |
| FiinGroup Residential Market Brief | This is an established Vietnamese financial research firm that cites Ministry of Construction data. | We used it to cross-check market activity including transactions and construction pipeline. We ensured our Quang Ninh estimates are consistent with Vietnam-wide transaction intensity. |
| Reuters (Housing Policy) | Reuters is a major global newsroom that attributes key figures and policy details to government sources. | We used it to benchmark Vietnam big-city apartment prices so our Quang Ninh ranges stay realistic. We also referenced government statements on housing affordability concerns. |
| Reuters (VAT Extension) | This provides official confirmation of Vietnam's VAT policy and its exclusion of real estate. | We used it to confirm that real estate remains outside the extended VAT cut. We factored this into our calculations for new-build transaction costs. |
| Wise (USD/VND Rate History) | This is a widely used consumer FX reference that publishes transparent, timestamped rate history. | We used it to convert VND to USD with a realistic late-2025 rate level. We ensured all dollar examples are internally consistent across the article. |
| Exchange-rates.org (EUR/VND History) | This provides auditable historical tables for Euro to Vietnamese Dong exchange rates. | We used it to set a reasonable EUR/VND conversion level anchored on 2025 history. We ensured all Euro conversions are verifiable and consistent. |
| European Central Bank (Reference Rates) | This is the official definition of reference-rate practice for the Euro from the ECB. | We used it to anchor our EUR conversion methodology to official standards. We referenced it to ensure our Euro figures follow established practices. |
| LuatVietnam (Decree 10/2022) | This provides the official text of Vietnam's registration fee framework for property transactions. | We used it to determine the standard 0.5% registration fee structure. We also used it to explain how fees are calculated based on provincial price tables. |
| Reuters (Vietnam GDP Growth) | This provides verified economic data on Vietnam's growth trajectory from a major news source. | We used it to contextualize the economic backdrop supporting real estate demand. We referenced the strong GDP growth as a factor in price resilience. |
| Thu Vien Phap Luat (Legal Library) | This is Vietnam's comprehensive legal document archive with official government decisions. | We used it to access and verify official provincial decisions and decrees. We cross-referenced land price tables and regulatory frameworks. |
| Batdongsan.com.vn (Main Portal) | This is the main homepage of Vietnam's largest property listing platform. | We used it to verify overall market positioning and listing volumes. We also used it to understand how different property categories are marketed. |
| CBRE Vietnam (Main Site) | This is the main site for CBRE's Vietnam operations with access to research and market data. | We used it to access broader market reports and verify regional trends. We cross-referenced their analysis with portal data. |
| FiinGroup (Main Site) | This is an established Vietnamese financial data and research firm. | We used it to verify market research methodology and access additional reports. We ensured consistency with their published transaction data. |
| IMF (Main Site) | This is the International Monetary Fund's main portal for economic data and analysis. | We used it to access standardized economic indicators for Vietnam. We verified our inflation assumptions against their published data. |
| World Bank Data | This is the World Bank's open data portal with development indicators for all countries. | We used it to access long-term economic series for Vietnam. We built our ten-year real price change estimates using their inflation data. |
| Reuters (Main Site) | This is a major global news organization with verified reporting on economic and policy matters. | We used it to verify policy announcements and economic developments. We ensured our market context reflects accurate government statements. |
| Wise (Main Site) | This is a widely used international money transfer service with transparent exchange rate data. | We used it to verify current and historical exchange rates for USD/VND. We ensured all currency conversions use consistent, verifiable rates. |
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