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Quang Ninh is one of Vietnam's most dynamic property markets, driven by Ha Long Bay's tourism appeal and growing infrastructure connections to Hanoi.
In this article, we break down current housing prices in Quang Ninh and share forecasts for 2026 and beyond.
We constantly update this post with fresh data and market insights.
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 average home price in Quang Ninh in 2026 sits around 3.8 billion VND (about $150,000), roughly 30% below Hanoi levels despite strong tourism demand.
- Property prices in Quang Ninh rose approximately 9% over the past 12 months, with prime coastal spots like Bai Chay seeing 12% to 18% growth.
- Townhouses in master-planned urban zones are appreciating faster than apartments or villas, driven by strong local demand and rental appeal.
- Vietnam's credit growth cap removal from 2026 could push Quang Ninh prices up an extra 2% to 4% beyond baseline forecasts.
- Tuan Chau island commands the highest per-square-meter prices in Quang Ninh, but liquidity can be thin during tourism off-seasons.
- Quang Ninh's 5-year forecast points to roughly 40% cumulative growth, outpacing the national average due to infrastructure and tourism tailwinds.
- Dai Yen ward is emerging as a growth frontier, with prices still 20% to 30% below Bai Chay but benefiting from new urban expansion projects.
- Vietnam's refinancing rate entering 2026 is around 4.5%, keeping mortgage costs affordable and supporting property demand in Quang Ninh.
What are the current property price trends in Quang Ninh as of 2026?
What is the average house price in Quang Ninh as of 2026?
As of early 2026, the average home price in Quang Ninh is approximately 3.8 billion VND (around $150,000 USD or €140,000 EUR), covering apartments, townhouses, detached houses, and villas.
Price per square meter averages about 42 million VND (roughly $1,650 USD or €1,530 EUR), though this varies significantly based on location and property type.
The realistic price range covering 80% of purchases falls between 2.5 billion and 6.5 billion VND ($100,000 to $260,000 USD, or €93,000 to €240,000 EUR).
How much have property prices increased in Quang Ninh over the past 12 months?
Property prices in Quang Ninh increased by approximately 9% over the past 12 months (January 2025 to January 2026), marking a solid recovery without the "feverish" double-digit growth of previous boom cycles.
Price increases varied considerably: prime tourism areas like Bai Chay and Tuan Chau saw 12% to 18% gains, while local end-user wards grew at a more modest 5% to 8%.
The biggest factor behind this growth was Vietnam's pro-growth policy stance heading into 2026, which kept credit conditions supportive and encouraged buyers to re-enter the market.
Which neighborhoods have the fastest rising property prices in Quang Ninh as of 2026?
As of early 2026, the three neighborhoods with fastest rising prices are Bai Chay (including Cai Dam and Hung Thang), Tuan Chau island, and Dai Yen ward, all in Ha Long City.
Bai Chay's prime corridors saw 15% to 18% growth, Tuan Chau posted 14% to 16% gains from coastal scarcity, and Dai Yen climbed 10% to 12% as buyers sought lower entry prices.
The main driver is Ha Long Bay's tourism economy combined with improved expressway access that makes weekend trips from Hanoi faster and easier.
By the way, you will find much more detailed price ranges across neighborhoods in our property pack covering the real estate market in Quang Ninh.
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.
Which property types are increasing faster in value in Quang Ninh as of 2026?
As of early 2026, townhouses and shophouses in master-planned zones lead appreciation, followed by newer apartments in Ha Long's tourism belt, then villas in prime coastal nodes, and finally older detached houses.
Well-located townhouses appreciated by roughly 10% to 14% over the past year, outpacing other types because they combine livability for local families with rental appeal for investors.
Townhouses outperform because Quang Ninh's market serves local households, Hanoi second-home buyers, and investors chasing tourism rentals, and townhouses satisfy all three groups.
Finally, if you're interested in a specific property type, you will find our latest analyses here:
- 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?
What is driving property prices up or down in Quang Ninh as of 2026?
As of early 2026, the top three factors driving Quang Ninh prices are supportive credit conditions (with the credit cap being removed), infrastructure investments improving Hanoi accessibility, and Ha Long's tourism economy fueling rental demand.
The strongest upward pressure comes from infrastructure-led accessibility, because every new expressway shortens travel time from Hanoi and expands the pool of weekend-home buyers willing to pay premium prices.
If you want to understand these factors at a deeper level, you can read our latest property market analysis about Quang Ninh here.
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What is the property price forecast for Quang Ninh in 2026?
How much are property prices expected to increase in Quang Ninh in 2026?
As of early 2026, property prices in Quang Ninh are expected to increase by approximately 7% over the year.
Forecasts range from a conservative 0% to 3% (if there's a macro shock) up to an optimistic 11% to 14% (if credit stays loose and tourism outperforms).
The main assumption underlying most forecasts is that Vietnam maintains solid mid-single-digit GDP growth and keeps its pro-growth, credit-friendly policy stance through 2026.
We go deeper and try to understand how solid are these forecasts in our pack covering the property market in Quang Ninh.
Which neighborhoods will see the highest price growth in Quang Ninh in 2026?
As of early 2026, the neighborhoods expected to see highest growth are Hung Thang, Cai Dam, and Bai Chay in Ha Long, along with Ha An in Quang Yen where industrial spillover is creating new demand.
These top neighborhoods are projected to see 10% to 15% growth over 2026, outpacing the 7% province-wide average due to strong rental fundamentals and liquidity.
The primary catalyst is improved transportation links combined with sustained tourism traffic keeping rental demand healthy.
One emerging area that could surprise is Dai Yen ward, where prices remain 20% to 30% below Bai Chay but new amenities and development projects are landing.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Quang Ninh.
What property types will appreciate the most in Quang Ninh in 2026?
As of early 2026, apartments in Ha Long's prime rental districts are expected to appreciate most, followed by townhouses in functioning master-planned areas.
Top-performing apartments are projected to appreciate 8% to 12% over 2026, slightly outpacing the province average due to strong investor and second-home buyer appeal.
The main trend driving apartment appreciation is Quang Ninh's appeal as a lifestyle destination where buyers want properties that generate rental income and serve as personal retreats.
Villas are expected to underperform because they require higher capital, face thinner resale liquidity, and are more sensitive to tourism seasonality.
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 will interest rates affect property prices in Quang Ninh in 2026?
As of early 2026, interest rates are expected to remain supportive for Quang Ninh property prices, with Vietnam's central bank maintaining a pro-growth stance.
The current benchmark refinancing rate is around 4.5%, and most analysts expect mortgage rates to stay stable or drift slightly lower in 2026.
A 1% increase in rates typically reduces buyer purchasing power by 8% to 10%, cooling demand and prices, while a 1% decrease would accelerate price growth.
You can also read our latest update about mortgage and interest rates in Vietnam.
What are the biggest risks for property prices in Quang Ninh in 2026?
As of early 2026, the three biggest risks for Quang Ninh property prices are tourism disruption from extreme weather, credit tightening if inflation spikes, and overbuilding in villa-heavy micro-markets.
The highest-probability risk is credit tightening, because Vietnam's pro-growth stance depends on manageable inflation, and unexpected price pressures could force lending pullbacks that cool buyer demand.
We actually cover all these risks and their likelihoods in our pack about the real estate market in Quang Ninh.
Is it a good time to buy a rental property in Quang Ninh in 2026?
As of early 2026, buying a rental property in Quang Ninh looks favorable, but success depends on choosing properties in proven rental corridors like Bai Chay and Hung Thang that attract both long-stay tenants and tourists.
The strongest argument for buying now is that credit conditions are supportive, prices haven't fully priced in upcoming infrastructure improvements, and Quang Ninh's tourism generates consistent rental demand.
The strongest argument for waiting is that some premium nodes may already be priced for perfect tourism outcomes, and if occupancy disappoints, those assets could take time to recover.
If you want to know our latest analysis (results may differ from what you just read), you can read our assessment on whether now is a good time to buy a property in Quang Ninh.
You'll also find a dedicated document about this specific question in our pack about real estate in Quang Ninh.
Buying real estate in Quang Ninh can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
Where will property prices be in 5 years in Quang Ninh?
What is the 5-year property price forecast for Quang Ninh as of 2026?
As of early 2026, property prices in Quang Ninh are expected to grow approximately 40% cumulatively over the next 5 years (through 2031).
Forecasts range from a conservative 15% to 20% total growth to an optimistic 60% total growth, depending on macro conditions and tourism performance.
The 40% baseline translates to roughly 7% average annual appreciation over 5 years, outpacing Vietnam's national average.
The key assumption is that Vietnam maintains 6% to 7% GDP growth annually and Quang Ninh's infrastructure and tourism investments continue compounding.
Which areas in Quang Ninh will have the best price growth over the next 5 years?
The top three areas expected to have best 5-year growth are Ha Long's expansion belt (Dai Yen, Hung Thang, Cai Dam), Quang Yen's industrial corridors near Ha An, and Van Don nodes around Cai Rong.
These areas are projected to see 50% to 70% cumulative growth over 5 years, compared to the 40% province-wide baseline.
This differs from the 1-year forecast because areas like Van Don benefit from "option value" plays that take years to materialize, while established Ha Long neighborhoods lead in both horizons.
The undervalued area with best outperformance potential is Mong Cai, particularly Tra Co and trade corridors, where cross-border commerce could surprise on the upside.
What property type will give the best return in Quang Ninh over 5 years as of 2026?
As of early 2026, quality apartments in Ha Long's proven rental districts are expected to give the best 5-year total return, combining appreciation with consistent rental income.
Projected 5-year total return for well-located apartments is roughly 55% to 70% (including appreciation and rental income), assuming average occupancy.
The structural trend favoring apartments is Quang Ninh's growing appeal to Hanoi residents seeking low-maintenance second homes they can rent out and access easily via expressway.
For buyers prioritizing lower risk, townhouses in master-planned areas offer more stable rental yields and cushioned prices during market downturns.
How will new infrastructure projects affect property prices in Quang Ninh over 5 years?
The top three infrastructure projects impacting Quang Ninh prices over 5 years are expressway expansions to Hanoi/Haiphong, rail link development, and port/logistics upgrades in Quang Yen.
Properties near completed infrastructure typically command 15% to 25% premiums compared to similar properties farther away.
Neighborhoods benefiting most are Dai Yen and Hung Thang (expressway access), Ha An in Quang Yen (port logistics), and parts of Mong Cai (cross-border connectivity).
How will population growth and other factors impact property values in Quang Ninh in 5 years?
Population growth in Quang Ninh is modest (1% to 2% annually), but impact on property values is amplified by the quality of migration: tourism workers, industrial managers, and Hanoi second-home buyers.
The demographic shift with strongest influence is middle-income Hanoi professionals seeking weekend homes and lifestyle properties, driven by improved expressway access.
Domestic migration dominates, with families moving for tourism and industrial jobs, while international migration remains limited but could grow with China trade expansion in Mong Cai.
Property types and areas benefiting most are apartments and townhouses in Ha Long's livable corridors (for second-home buyers) and rental housing near Quang Yen industrial zones.
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 is the 10 year property price outlook in Quang Ninh?
What is the 10-year property price prediction for Quang Ninh as of 2026?
As of early 2026, property prices in Quang Ninh are expected to grow approximately 80% cumulatively over 10 years (through 2036).
Forecasts range from a conservative 40% total growth to an optimistic 120% total growth, depending on Vietnam's economic trajectory.
The 80% baseline translates to roughly 6% average annual appreciation, slightly lower than the 5-year rate because longer forecasts are more conservative.
The biggest uncertainty is Vietnam's ability to maintain its growth trajectory, as any sustained GDP slowdown would reduce income gains and dampen property demand.
What long-term economic factors will shape property prices in Quang Ninh?
The top three long-term factors shaping Quang Ninh prices are Vietnam's GDP and income growth, credit conditions and lending rules, and the durability of Quang Ninh's tourism economy.
The factor with most positive long-term impact is infrastructure compounding, because each new expressway or rail link permanently expands the buyer pool who can realistically invest in the province.
The greatest structural risk is regulatory uncertainty around land pricing and project approvals, which could create supply shocks and price volatility hurting buyer confidence.
You'll also find a much more detailed analysis in our pack about real estate in Quang Ninh.
Is buying a property in Quang Ninh a good long-term investment as of 2026?
As of early 2026, buying property in Quang Ninh looks like a solid long-term investment, provided you focus on proven locations and property types with realistic rental potential.
The strongest case is Vietnam's growth trajectory combined with Ha Long Bay's irreplaceable tourism asset and infrastructure investments increasing accessibility over time.
Buyers should avoid speculative fringe locations, properties priced for perfect tourism outcomes, or overleveraged purchases without buffer for market softening.
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 the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| Vietnam Ministry of Construction | Vietnam's official government channel for housing market data. | We used it to anchor national transactions and price momentum, then translated that to Quang Ninh. |
| Vietnam National Statistics Office | Vietnam's official agency for inflation and CPI data. | We used it to separate real price growth from inflation and track housing cost pressures. |
| International Monetary Fund | Provides standardized macro projections for Vietnam. | We used it to frame 2026 growth and inflation baselines affecting buyer confidence. |
| World Bank | Provides institution-grade macro outlooks for Vietnam. | We used it to set conservative growth paths and map into housing demand drivers. |
| Asian Development Bank | Provides current growth figures for Vietnam. | We used it as a second forecast source to avoid single-source bias. |
| Reuters (Vietnam Growth) | Top-tier wire service with strict fact-checking. | We used it to reflect January 2026 policy mood affecting infrastructure and tourism. |
| Reuters (Infrastructure) | Reliable reporting on major infrastructure projects. | We used it to justify structural demand boosts in specific Quang Ninh corridors. |
| Reuters (Credit Growth) | Reports policy directives affecting credit availability. | We used it to assess 2026 housing credit conditions and price pressure scenarios. |
| Reuters (Central Bank) | Covers central bank policy and credit intent. | We used it to reason about mortgage rate direction and lending appetite. |
| CEIC Data | Macro database citing Vietnam's central bank. | We used it to establish the policy rate starting point for 2026 scenarios. |
| FiinGroup | Major Vietnam financial research firm. | We used it for supply/demand structure and legal driver narratives. |
| Knight Frank Vietnam | Global real estate consultancy with consistent frameworks. | We used it to benchmark Vietnam price levels and infer Quang Ninh positioning. |
| Savills Vietnam | Top global property consultancy with local expertise. | We used it for demand dynamics and buyer behavior signals by property type. |
| Quang Ninh Land Price Table | Published provincial legal decision on land prices. | We used it as a floor reference explaining why some wards are structurally pricier. |
| Batdongsan.com.vn | Vietnam's largest property portal with transparent listings. | We used it for January 2026 asking-price reality checks across property types. |
| VOV World | State media reporting official tourism targets and results. | We used it to support the tourism demand channel affecting Ha Long pricing. |
| Reuters (Climate Risk) | Reliable reporting on weather events affecting coastal areas. | We used it to assess typhoon risk as a downside factor for coastal property values. |
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