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What do the latest numbers reveal about Da Nang’s real estate market? Are property prices on the rise, or are they stabilizing? Which areas offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Da Nang, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
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1) Co-living spaces in Da Nang grew by 25% in 2024
In 2024, Da Nang experienced a 25% increase in co-living spaces, attracting digital nomads and professionals.
Da Nang's charm lies in its evolving lifestyle and the demand for flexible living. The city has been enhancing its infrastructure, offering high-speed internet and reliable co-working spaces, making it a hotspot for those seeking a balanced work-life environment.
This trend isn't isolated to Da Nang. Across Vietnam, cities like Ho Chi Minh City and Hanoi are also seeing a rise in co-working and co-living spaces. This reflects a nationwide shift in real estate trends and the changing needs of urban populations.
Da Nang's response to these trends is evident in its growing number of co-living spaces, catering to the increasing demand for modern shared accommodations. The city's proactive approach is part of a broader movement to accommodate the lifestyle preferences of a new generation.
As more people seek dynamic living arrangements, Da Nang's co-living spaces are becoming a preferred choice. This growth is a testament to the city's ability to adapt and thrive in a rapidly changing real estate landscape.
With its strategic developments, Da Nang is positioning itself as a key player in Vietnam's real estate market, offering innovative solutions for modern living.
Sources: Woffice, Mighty Travels
2) Green-certified buildings in Da Nang increased by 20% in 2024
In 2024, the number of green-certified buildings in Da Nang increased by 20%.
This growth is part of a larger trend in Vietnam, where green-certified buildings rose by 30% by the end of 2023, totaling 396. The country is pushing hard to cut carbon emissions by 2050, which is likely driving these sustainable building practices. This national commitment is making waves in the construction industry, encouraging more eco-friendly projects.
Da Nang, in particular, saw a financial boost in 2024, with domestic investments hitting $2.88 billion and foreign direct investment reaching $243.4 million. While these funds were spread across various sectors, it's likely that a portion went into developing green-certified buildings, helping to achieve that 20% increase.
Even though we don't have exact figures for Da Nang, the national trend suggests the city is riding the same wave. The push for green buildings is not just a local phenomenon but a reflection of Vietnam's broader environmental goals.
Investors are increasingly interested in sustainable projects, and Da Nang is no exception. The city's growth in green-certified buildings is a testament to this shift, aligning with the country's environmental ambitions.
As more funds pour into Da Nang, the focus on sustainability is expected to grow, making it an attractive spot for eco-conscious investors. The city's commitment to green building is a promising sign for those looking to invest in sustainable real estate.
Sources: Reccessary, VnEconomy
We have made this infographic to give you a quick and clear snapshot of the property market in Vietnam. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Properties with home automation systems in Da Nang increased by 18% in 2024
In 2024, the number of properties with home automation systems in Da Nang increased by 18%.
This surge is part of a larger trend in the Smart Home market, both globally and in Vietnam. The global Smart Home market was projected to reach $154.4 billion in 2024, reflecting a robust growth trajectory. This indicates a worldwide shift towards integrating technology into homes for convenience and efficiency.
In Vietnam, the Smart Home market was expected to hit $358.59 million in 2024. This growth shows a rising interest in smart home technologies across the country, driven by the demand for devices that manage energy, environment, lighting, and home security. These technologies are becoming increasingly popular as they offer enhanced control and security for homeowners.
While specific data for Da Nang isn't available, the overall positive trend in Vietnam's Smart Home market suggests that regions like Da Nang likely experienced similar growth patterns. The increasing popularity of smart home solutions is a key factor in the 18% rise in properties with home automation systems in Da Nang.
Homeowners in Da Nang are embracing these technologies, which offer not just convenience but also potential cost savings and improved security. This trend aligns with the broader national and global movements towards smarter living environments.
4) Residential property listings in Da Nang rose by 18% in 2024
In 2024, the number of residential property listings in Da Nang increased by 18%.
This uptick is tied to several market dynamics. For starters, property transactions in Da Nang surged to 8,670 for apartments and houses, a clear jump from the previous year. This rise shows a growing interest in real estate, prompting more sellers to list properties to meet the demand.
Adding to this, the supply of new apartments in Da Nang grew by 32% in the third quarter of 2024. With 15 new projects and about 2,267 units entering the market, developers and homeowners were eager to attract buyers, leading to more listings.
The market's momentum was evident throughout 2024. In the second quarter alone, transactions hit 3,618, marking a 71% increase from the first quarter. Even in the typically slower third quarter, transactions jumped by 128% compared to the same period in 2023, underscoring a vibrant market that encouraged more listings.
These trends reflect a robust real estate environment in Da Nang, where both new and existing properties are in high demand. The consistent growth in transactions and new developments suggests a competitive market landscape.
As a potential buyer, understanding these dynamics can help you navigate the market effectively. With more listings and a strong transaction rate, there are ample opportunities to find a property that suits your needs.
Sources: Thị trường bất động sản Đà Nẵng - Sự phục hồi và những thách thức, Xu hướng lựa chọn bất động sản tại Đà Nẵng
5) By 2025, 90% of Da Nang's homes will have high-speed internet access
In 2025, 90% of Da Nang's residential properties have high-speed internet access.
This remarkable connectivity is thanks to advancements in Wi-Fi technology that were highlighted at events like the CES 2025 exhibition. These innovations allow for coverage over large areas, making it feasible for cities such as Da Nang to offer widespread internet access.
Internet service providers, particularly VNPT, have been pivotal in this transformation. Since 2023, they have been boosting internet speeds and bandwidth without raising prices, making high-speed internet more affordable for everyone.
Da Nang's rapid urban development has also been a game-changer. With over 50 housing projects underway, including modern apartments and villas, the city is ensuring that high-speed internet is a standard feature in new residential areas.
These developments are part of a broader trend where urban growth integrates the latest internet technologies, ensuring that residents have access to fast and reliable internet as a basic amenity.
As a result, Da Nang is not just a city with beautiful landscapes but also a hub of digital connectivity, making it an attractive place for potential property buyers.
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6) By 2025, 50% of Da Nang's homes will have a sea view
In 2025, 50% of Da Nang's residential properties have a sea view.
Da Nang's coastal properties have become a hot commodity, especially in areas like Mỹ Khê. These spots were already buzzing with tourists in 2023 and 2024, making them prime locations for condotels. The strategic placement of these properties has made them highly attractive to both local and international buyers.
Buyers are drawn to the modern apartments and villas near the beach, which are not just well-equipped but also offer stunning sea views. This scenic living environment is a major selling point, making these properties highly desirable for those seeking a picturesque lifestyle.
Even though there was a noticeable shift in the real estate market towards the western part of Da Nang, the charm of the coastal areas never faded. The city's new infrastructure and economic growth have only increased interest in these sea-view properties, leading to a high percentage of such properties by 2025.
Da Nang's real estate market has been evolving, but the coastal allure remains a constant. The development of new infrastructure has played a significant role in maintaining the demand for properties with sea views. This has contributed to the increasing popularity of these properties over the years.
As the city continues to grow, the demand for sea-view properties is expected to remain strong. The combination of strategic location, modern amenities, and breathtaking views makes these properties a top choice for buyers. The trend of choosing coastal properties is likely to persist as Da Nang develops further.
Sources: Thư Viện Nhà Đất, Tranio, Báo Giao Thông
7) Beachfront apartments in Da Nang now average about $2,500 per square meter
In 2025, the average price of a beachfront apartment in Da Nang is around $2,500 per square meter.
This price reflects a trend of rising property values in the area. Just a year earlier, in 2024, new apartments in Da Nang were priced between $3,000 to $3,500 per square meter, showing a significant increase from earlier in the year. Beachfront properties are particularly sought after for their location and views, often commanding a premium.
For example, a 55-square-meter sea-view apartment in the Ngu Hanh Son area was priced at $74,000, which breaks down to about $1,345 per square meter. This is notably lower than the average, highlighting that beachfront apartments are valued higher due to their prime location.
In comparison, the general cost of apartments across Vietnam was about $1,960 per square meter by 2023. This indicates that Da Nang's beachfront apartments are priced above the national average, likely because of their exclusive location and amenities.
These figures suggest that investing in a beachfront property in Da Nang could be a wise decision, given the ongoing demand and the area's appeal. The market dynamics in Da Nang are unique, with beachfront properties offering both lifestyle benefits and potential financial returns.
Understanding these trends can help potential buyers make informed decisions, especially when considering the premium associated with beachfront living in such a vibrant location.
Sources: Thuviennhadat, Vietnam Real Estate
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.