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SUMMARY
No, property prices are not still rising across Da Nang as a whole. Prime apartments remain firm and some new projects are setting higher prices, but land, resale stock and resort property are much softer.
The apartment market is doing most of the work. Recent DKRA data showed about 27% monthly absorption for apartments, while primary land was closer to 3% and resort units around 4%.
Da Nang's headline apartment price is also being lifted by what developers are launching. More expensive riverfront, central and coastal projects now make up a larger share of new supply, so a higher primary-market average does not mean every older apartment has appreciated at the same pace.
Resale conditions are a useful reality check. Developers can defend list prices with payment plans and incentives, while individual owners sometimes have to cut the actual resale price; recent secondary land data was roughly 3% lower.
The land market looks much healthier than during its weakest months, but activity is still thin. An eightfold jump in monthly plot sales sounds dramatic until we see that it meant only 42 sales from 1,547 plots available.
Tourism is giving Da Nang real economic support, especially around My Khe and Sơn Trà, but it is not rescuing every tourism-linked property. Visitor growth above 20% can coexist with weak resort-property liquidity when buyers are worried about legal structure, management quality and resale demand.
Prime central property still has the strongest case for further gains. Hải Châu, Sơn Trà and the Han River combine scarcity, central access and the kind of new high-end supply that can keep setting local price records.
Supply is becoming the natural brake on another broad apartment surge. Da Nang moved from generally fewer than 1,000 new apartments a year before 2024 to more than 8,000 launches across 2024 and 2025, giving buyers far more choice.
The expanded Da Nang also makes a single citywide price average less useful than before. The administrative city now covers central urban districts, Hội An, Điện Bàn, resort corridors, industrial areas and large rural zones that behave like separate property markets.
The practical conclusion is that Da Nang has become a selective high-price market rather than a broad boom. Good apartments in scarce locations can still rise, but ordinary land, weaker resale stock and resort products can stay flat or fall at the same time.
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Are property prices in Da Nang still rising?
Are Da Nang property prices still going up right now?
Da Nang property prices are still going up in some apartment projects, but the broader market has clearly stopped rising together.
The latest market data makes the split unusually clear. CBRE puts the average primary apartment price at around VND83 million per square metre, after Da Nang went through a major apartment repricing in 2024 and 2025. More recently, DKRA recorded 933 apartment sales from 3,465 units available in July, giving apartments a healthy 27% monthly absorption rate.
Land looks completely different. DKRA tracked 1,547 primary plots during the same period and only 42 sales, or roughly 3% absorption. Primary land prices were basically flat from the previous month, while secondary prices were reported around 3% lower.
Resort property is weaker again. About 1,815 resort units were available across 11 projects and only 69 sold, an absorption rate close to 4%.
Apartments are carrying most of the strength today. Land and resort property give us very little evidence of a broad new price boom.
| Da Nang property segment | Recent supply | Recent sales | Absorption | Current price direction |
|---|---|---|---|---|
| Apartments | 3,465 units | 933 | ~27% | Strongest |
| Land plots | 1,547 plots | 42 | ~3% | Mostly flat |
| Resort units | 1,815 units | 69 | ~4% | Weak |
| Secondary land | — | — | — | Around 3% lower in recent DKRA data |
Why did Da Nang apartment prices rise so much in the first place?
Da Nang apartment prices jumped because developers suddenly brought a lot more expensive housing to a market that had gone through years of very little new supply.
Before 2024, CBRE says Da Nang was generally adding fewer than 1,000 new apartments a year. More than 8,000 units then arrived across 2024 and 2025.
Prices moved with that change. CBRE reported primary apartment prices around VND83–85 million per square metre after the surge, while Savills recorded roughly VND77 million per square metre during the earlier part of the upswing. At the premium end, some riverfront and luxury developments have been marketed well above VND100 million per square metre.
Part of the increase came from genuine demand. Part also came from the mix of property changing. Da Nang started selling far more high-end apartments than it had during the quiet years.
A higher citywide new-build average therefore does not automatically mean an older apartment has appreciated by the same percentage.
| Apartment-market change | Earlier situation | Recent situation |
|---|---|---|
| New annual supply before 2024 | Under 1,000 units | — |
| New launches during 2024–2025 | — | More than 8,000 units |
| Cumulative apartment stock | Much smaller | ~16,000 units by Q1 2026 |
| Average primary price | Lower base | ~VND83m/m² |
| Premium developments | Smaller share of supply | Increasingly important |
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Are expensive new apartments making Da Nang prices look stronger than they are?
Yes, expensive new projects are pushing Da Nang's apartment averages higher, so headline prices overstate what is happening to plenty of existing homes.
Suppose an older apartment keeps trading around VND55 million per square metre while a new riverfront project launches at VND110 million. The average price of property currently offered by developers rises sharply even if the older apartment barely moves.
Da Nang has had exactly that kind of shift. New supply is heavily concentrated in higher-end products, particularly around Hải Châu, Sơn Trà, the Han River and major coastal locations.
According to recent CBRE reporting, luxury apartments increasingly dominate the new-build conversation, while the city's overall primary average remains around VND83 million per square metre.
So we would be careful with claims that “Da Nang apartments rose X%” unless the comparison uses the same projects, the same districts or the same quality of property.
Are people actually buying Da Nang apartments at these prices?
Yes, buyers are still paying Da Nang's high apartment prices, and apartments currently have the strongest demand of any major residential segment we reviewed.
DKRA's July data is difficult to dismiss. Around 933 apartments sold from 3,465 units available across 19 projects. That translates into roughly 27% monthly absorption, while apartment sales were about 2.5 times the previous month's level.
CBRE's longer-term numbers point in the same direction. By Q1 2026, cumulative condominium supply had reached about 16,000 units and roughly 89% of that stock had been absorbed.
Those two figures measure different things, but together they show that expensive apartments are finding buyers.
There is still plenty of selectivity. More than 66% of the July supply came from inventory in projects already launched earlier, and buyers continue to concentrate on projects with strong developers, clear legal status, good locations and attractive payment terms.
The apartment market can defend high prices right now, but buyers are choosing projects rather than simply buying whatever comes onto the market.
| Apartment indicator | Latest useful reading | What we take from it |
|---|---|---|
| Projects tracked by DKRA | 19 | Broad enough sample to see current activity |
| Apartments available | 3,465 | Buyers have substantial choice |
| Apartments sold | 933 | Demand is genuinely active |
| Monthly absorption | ~27% | Strong compared with other segments |
| Cumulative CBRE absorption | ~89% | Historical inventory has sold well |
| Existing inventory share in recent supply | >66% | New demand remains selective |
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Is Da Nang land getting more expensive again?
No, Da Nang land prices currently look much closer to flat than to another real boom.
The latest DKRA numbers tracked 1,547 primary plots across 16 projects. Only 42 sold. That gives us an absorption rate of about 3%.
Primary prices barely changed from the previous month. In some individual projects, prices were actually around 7% lower than one year earlier after developers increased discounts and incentives.
Secondary prices also slipped by roughly 3% in the latest reporting, partly because financially stretched owners were accepting lower prices to exit.
Land has stopped collapsing, buyers have returned selectively, and some new launches are finding demand. Broad price appreciation has not returned.
Didn't Da Nang land sales just increase eightfold?
Yes, Da Nang land transactions increased around eightfold in the latest monthly data, but the headline sounds far stronger than the underlying market.
Sales went from roughly five plots to 42.
Forty-two transactions against 1,547 plots available still means that about 97% of the recorded supply did not sell during the month.
The concentration is even more revealing. Around 96% of primary land supply came from projects launched previously, while 85.7% of actual sales were concentrated in newly released products.
The overall absorption rate remained around 3%. The eightfold jump mainly tells us that activity recovered from an extremely weak month.
| Land-market figure | Recent reading |
|---|---|
| Primary supply | 1,547 plots |
| Sales | 42 plots |
| Month-on-month sales growth | ~8× |
| Absorption rate | ~3% |
| Supply coming from older inventory | ~96% |
| Sales concentrated in new launches | ~85.7% |
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Are Da Nang resale prices rising too?
Da Nang resale prices are currently much softer than developers' asking prices, which is one of the clearest reasons we would avoid calling this a citywide price boom.
Developers can hold prices high, offer payment plans, absorb financing costs or increase discounts without cutting the advertised price. Individual owners often have much less flexibility.
The latest DKRA-based reporting found secondary land prices down around 3% from the previous month. Some owners facing financial pressure were accepting lower prices to recover capital.
That is a useful reality check on primary prices. A developer can keep a new project's list price unchanged while the price at which an owner can actually resell property weakens.
For anyone buying as an investment, the secondary market deserves at least as much attention as launch prices.
Are Han River and central Da Nang property prices still rising?
Prime Han River and central Da Nang property still has the strongest case for further price growth because buyers are competing for genuinely limited locations.
The highest-priced new developments are clustering around Hải Châu, Sơn Trà and the Han River, where developers can combine central access, river views and modern apartment specifications.
Recent market reporting shows luxury apartments taking a larger share of Da Nang's supply, with some premium projects priced far above the roughly VND83 million-per-square-metre citywide primary average.
We should still separate new records from resale appreciation. A new landmark tower selling at VND130 million or VND150 million per square metre does not automatically revalue every nearby apartment.
But prime central apartments have one of the strongest arguments for continuing to set higher prices over time.
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Is My Khe property still going up with the tourism boom?
Good residential property around My Khe and Sơn Trà still has support from booming tourism, although beach proximity by itself no longer guarantees price growth.
Da Nang's tourism numbers are exceptionally strong right now. The city's official tourism portal reported nearly 9.8 million guests staying in accommodation establishments during the first half of 2026, up 22.5% year on year.
International guests reached almost 5.2 million, an increase of 28.7%, and accounted for more than half of all guests. Accommodation and food-service revenue rose 21.6%.
Da Nang International Airport was also handling roughly 144 flights per day across 28 regular domestic and international routes during that period.
That is real economic demand behind My Khe and Sơn Trà rather than a purely speculative property story.
The catch is product quality. A legally straightforward residential apartment close to the beach, an old condotel and a half-empty resort project all sit near the same tourism market but can perform completely differently.
Is Da Nang resort property finally recovering?
No, Da Nang resort property is still struggling badly despite the tourism boom.
The contrast with visitor growth is probably the clearest warning anywhere in the market.
DKRA's recent figures tracked around 1,815 resort units across 11 projects and only 69 sales, giving the segment roughly 4% absorption. Wider resort townhouse and shophouse data is even weaker: DKRA reported 3,526 units available across 32 projects, with 100% of that supply coming from inventory launched in previous years.
Recent DKRA commentary describes resort demand as low and liquidity as stalled under high borrowing costs and tighter credit conditions.
Meanwhile, Da Nang tourism is growing by more than 20%, with international visitor numbers rising even faster.
A city can have packed hotels and weak resort-property sales at the same time. Buyers also care about ownership structure, legal status, rental economics, resale liquidity and management quality.
| Da Nang tourism and resort property | Recent level |
|---|---|
| Accommodation guests | ~9.8m in first half |
| Guest growth | +22.5% YoY |
| International guest growth | +28.7% YoY |
| Resort units tracked in one recent DKRA sample | ~1,815 |
| Resort units sold | 69 |
| Resort absorption | ~4% |
| Resort townhouse/shophouse stock from older inventory | 100% |
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Are Da Nang villas and townhouses still becoming more expensive?
Da Nang villas and townhouses are holding up in the better projects, but we do not see enough evidence to call the whole segment a rising market today.
This part of the market has two competing forces.
Prime landed property is naturally scarce, especially near established urban areas and the coast. At the same time, total ticket prices can become huge. A buyer who can afford a VND5–8 billion apartment belongs to a much larger pool than someone shopping for a VND30–40 billion villa.
Recent supply has also become concentrated. CBRE reported around 800 new low-rise products from Vinhomes Hải Vân Bay in Q1 2026 alone, which radically changed the volume available at the upper end.
DKRA's more recent figures show demand remaining focused on projects with strong developers, clean legal documentation and visible construction progress.
We would therefore expect the best villas to remain expensive, while weaker projects can sit on the market for a long time without meaningful appreciation.
Are beachfront villas in Da Nang still a good example of rising prices?
Beachfront villas show that Da Nang property has appreciated strongly over several years, but they are a poor guide to what prices are doing across the city now.
Savills calculated that secondary beachfront-villa prices had increased by roughly 8% annually since 2021 and had reached about VND65 million per square metre of land by the first half of 2025.
An 8% annual increase compounded over four years works out to roughly 36%.
Primary products below VND30 billion had also become difficult to find, while prices around VND40 billion were increasingly common.
Those are substantial gains. The problem today is liquidity. A VND40 billion villa needs a very different buyer from a VND4 billion apartment, and recent weakness across resort-oriented property makes it risky to assume another automatic 8% every year.
The historical rise is clear. The current pace is much harder to prove.
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Has the Da Nang–Quang Nam merger made property-price data harder to read?
Yes, the expanded Da Nang makes citywide property averages far less useful than they used to be.
The new administrative city covers about 11,860 square kilometres and has roughly 3.07 million residents after Da Nang merged with Quang Nam.
The previous Da Nang was a much smaller coastal urban market. The new city now stretches across the old metropolitan core, Hội An, Điện Bàn, industrial areas, resort corridors, smaller towns and large rural areas.
That changes what “Da Nang property” can mean.
A riverfront apartment in Hải Châu, land near Hội An, an industrial-site parcel near Chu Lai and rural property farther inland can all appear under the same administrative label while behaving like completely different markets.
For current price analysis, district-level and project-level comparisons are now much more useful than one Da Nang-wide average.
| Measure | Previous Da Nang | Expanded Da Nang |
|---|---|---|
| Population | ~1.3m | ~3.07m |
| Area | ~1,300 km² | ~11,860 km² |
| Geography | Mainly compact coastal city | Large urban, industrial, tourism and rural region |
| Usefulness of one citywide property average | Relatively reasonable | Much weaker |
Is Da Nang's economy strong enough to keep property prices high?
Yes, Da Nang's economy is strong enough to support expensive property, especially in the residential market.
Tourism gives us the clearest current evidence. Accommodation establishments served nearly 9.8 million guests during the first half of 2026, while international visitors rose 28.7%. Accommodation and food-service revenue climbed 21.6% to around VND32.4 trillion.
Air connectivity is expanding alongside that demand, with 21 regular international routes and seven domestic routes recorded by the city's tourism authorities during the same period.
The larger Da Nang also now combines tourism with a much bigger industrial and logistics base stretching toward Chu Lai, while Liên Chiểu Port, the high-tech zone and the city's free-trade-zone plans add another source of future employment and investment.
This economic backdrop helps explain why good apartments can stay expensive even while weaker property categories struggle.
It still does not give the whole market room to rise at the 20–30% annual rates seen during parts of the earlier apartment repricing.
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Will all the new apartments eventually stop Da Nang prices from rising?
More apartment supply should slow Da Nang's price growth from here, even if the best new developments continue launching at record prices.
Before 2024, fewer than 1,000 new apartments generally entered the market each year. More than 8,000 were launched during the following two years, and cumulative supply reached about 16,000 units by Q1 2026.
Buyers suddenly have far more choice.
DKRA's latest sample alone contained 3,465 apartments across 19 projects. More than 66% came from projects already launched previously, showing that developers are competing both with fresh launches and unsold earlier inventory.
That does not automatically lead to headline price cuts because developers can protect advertised prices through discounts, payment schedules and financing support.
It does make another indiscriminate surge much harder. Future price growth should increasingly depend on whether an individual project is actually better located, better built or genuinely scarce.
So are property prices in Da Nang still rising?
Partly. Da Nang apartment prices are still firm and the best projects can keep getting more expensive, but the broad property boom has already broken apart.
Apartments currently carry most of the strength. CBRE's primary average remains around VND83 million per square metre, cumulative absorption is high, and DKRA's latest apartment data showed about 27% monthly absorption.
Land gives us almost the opposite picture. Only about 3% of primary supply sold in the latest period, prices were mostly flat, some projects were cheaper than a year earlier, and secondary prices recently slipped around 3%.
Resort property is weaker still, with roughly 4% absorption in one recent DKRA sample even while tourism is growing above 20%.
The useful way to describe Da Nang today is as a selective high-price market. Prime riverfront apartments, strong coastal residential projects and genuinely scarce central property can still push higher. Ordinary land, weaker resale stock and resort products can stay flat or lose value at the same time.
For anyone asking whether Da Nang property prices are still rising across the city, our answer is no. The easy citywide upswing is over. The price growth that remains is concentrated in the parts of Da Nang buyers still genuinely want.
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OUR METHODOLOGY
We tested whether Da Nang property prices are still rising by separating the market into the parts that can move very differently: new apartments, land, resale property, resort real estate, prime locations, low-rise housing, supply, liquidity and the wider demand environment. We prioritized the freshest monthly and quarterly readings where they showed current conditions, and used longer-term data where it helped establish direction rather than short-term noise.
We did not let a single citywide price average decide the conclusion. We compared transaction volumes with available supply, primary pricing with secondary-market conditions, and genuine appreciation with increases caused by a more expensive mix of new projects. Tourism and economic growth were treated as demand support, not as automatic proof that property prices were rising.
We also gave more weight to district-, project- and segment-level evidence where it was more informative than a Da Nang-wide average. That is especially important after the Da Nang–Quang Nam merger, because the expanded administrative city now includes central urban districts, coastal and resort markets, industrial areas, smaller towns and rural property that can move in very different directions.
Key sources used for this analysis include CBRE Vietnam for apartment supply, primary pricing and cumulative absorption; DKRA Consulting and DKRA Group market reports for apartment, land and resort supply, transactions, absorption and secondary-market conditions; Savills Vietnam for beachfront-villa pricing and longer-term appreciation; Da Nang Tourism Promotion Center for visitor, revenue and flight data; Government of Vietnam sources for the administrative reorganization and Da Nang Free Trade Zone; the Da Nang Investment Promotion Agency for the free-trade-zone and high-tech-park context; the Vietnam Ministry of Construction for Liên Chiểu Port; Vinhomes for Hải Vân Bay project documentation; and CafeF and Báo Đầu Tư for recent DKRA-based July market readings.
The final assessment comes from the combination of those sources. We looked for the explanation that best fits the full set of current evidence, including the gaps between strong apartment demand, weak land absorption, soft resale conditions and poor resort liquidity.
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