Primary supply of townhouses/villas in May 2025 continued to decrease by about 1% year-on-year, mostly due to inventory, while new supply continued to be scarce. Market demand has improved but remains low. Transactions are mainly concentrated in large-scale projects with clear legal status, with prices ranging from VND 25 - 30 billion/unit in Da Nang; from VND 5 - 10 billion/unit in Quang Nam and Hue.
According to DKRA Group, the demand for townhouses/villas in the Da Nang market and surrounding areas in May 2025 has improved but is still low.
The secondary selling price level continues to trend sideways compared to the end of 2024 but slightly decreased by 4% compared to the same period. The decrease is mainly concentrated in the group of projects that have been implemented for a long time, are behind schedule and have not completed legal procedures.
For the resort villa segment, primary supply continued to decrease by about 3% compared to the same period, mostly from inventory of old projects, while new supply has been almost absent for the past three years. Market demand remained at a very low level, with modest transaction volume, accounting for only about 3% of total primary supply. Primary selling prices remained stable, with little change compared to the same period.
Although investors have launched many preferential policies, discounts, interest rate support and stimulus programs, liquidity has not improved as expected. Liquidity difficulties in this segment continue to weigh on market sentiment. Investor confidence is low, leading to a prolonged gloomy state and has not shown any signs of recovery in the short term.
For the resort townhouse/shophouse segment, supply has not changed much compared to the same period last year, mostly coming from inventory of old projects. The market continues to be quiet with no transactions recorded in the past month, most projects have closed their inventory or have violations, making liquidity difficult.
The primary selling price level continues to trend sideways despite the widespread application of preferential policies and discounts. Many projects have been caught up in violations and slow construction progress, affecting investors’ confidence, causing this segment to be quite quiet in recent times and almost fall into a “prolonged hibernation” cycle.
The primary supply of the condotel segment continued to decline by about 1% over the same period, while new supply was almost absent. The market was quiet, demand was low, and consumption was modest, accounting for only about 0.4% of the total primary supply. Quang Nam and Da Nang continued to lead the market, accounting for 93% of the total supply in the region.
Primary selling prices have not fluctuated much compared to the same period. Investors have applied many preferential policies such as commitment/sharing of profits/revenues... but liquidity has not shown any signs of improvement. The market in the following months is expected to face many difficulties and challenges because the legal corridor for this segment is still unclear, liquidity remains low and investor confidence continues to decline, hindering short-term recovery.
Source: https://doanhnghiepvn.vn/kinh-te/da-nang-suc-cau-nha-pho-biet-thu-cai-thien-nhung-van-o-muc-thap/20250619115243098
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