Da Nang, Vietnam
Property prices · 2024 · Asia
Property price trend in Da Nang (2024–2026)
Property comparison — cities in Vietnam (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Da Nang |
|---|---|---|---|---|
| Da Nang | VND 55,000,000 | VND 38,000,000 | VND 8,000,000 | — |
| Ho Chi Minh City | VND 85,000,000 | VND 50,000,000 | VND 12,000,000 | +54.5% |
| Hanoi | VND 85,000,000 | VND 58,000,000 | VND 12,000,000 | +54.5% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Da Nang in 2024?
In Da Nang, the average price per sqm in the city centre is VND 55,000,000, and VND 38,000,000 outside the centre (2024 data). Prices have risen 14% since 2024.
How much is rent in Da Nang in 2024?
A 1-bedroom apartment in Da Nang rents for approximately VND 8,000,000 per month in 2024. A 3-bedroom apartment costs around VND 13,000,000/month.
Is it better to buy or rent in Da Nang?
Renting is generally more cost-effective in Da Nang. The price-to-rent ratio is 35.0x — it would take approximately 35.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 9.50%.
What are mortgage rates in Vietnam in 2024?
The average mortgage rate in Vietnam is approximately 9.50% as of 2024. With a price-to-rent ratio of 35.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Da Nang?
The average property price per square metre in Da Nang city centre is VND 55,000,000 in 2024. Outside the centre, expect to pay around VND 38,000,000/sqm.