A list of prices for residential land in Da Nang was approved by the local authorities at the recent 8^th session of the municipal People's Council for the 2011 - 2016 term.  The new prices will be applied from early 2014.

In particular, the highest price of 25.2 million VND/m² will be set for land lots on Hung Vuong, Le Duan, and Nguyen Van Linh streets.  Land lots on Ly Thai To and Hoang Dieu will be priced at 23.52 million VND/m².

In addition, land lots on Phan Chau Trinh, Trieu Nu Vuong, Ham Nghi, Nguyen Thai Hoc and Chi Lang streets will cost 21.84 million VND/m².  20.16 million VND/m² will be set for land lots on Ong Ich Khiem and Vo Van Tan streets.

Nguyen Van Linh has some of the highest land prices

Land lots on Dao Duy Tu, Dong Da, Le Loi, and Quang Trung streets will be 18.48 million VND/m², whilst land on Dien Bien Phu, Le Dinh Ly, and Trieu Nu Vuong streets will cost 16.8 million VND/m².

Furthermore, 15.12 million VND/m² will be set for land lots on 2 September, Nguyen Thi Minh Khai, Ton That Dam, Tran Phu, Le Do, Le Dinh Duong, Ngo Gia Tu, Nguyen Chi Thanh, and Hai Phong streets.

Residential land in new urban areas will be sold at an average price of 5 million VND/m², and land in rural areas will average 50,000 VND/m².