Hoi An Street Valued at $170,000 Per Square Meter, Highest in Former Quang Nam Region

Da Nang City has announced new land price regulations, leading to a notable increase in property values across the former Quang Nam province. The updated land price list and valuation tables show hikes ranging from 9% to 70% in previously designated Quang Nam areas.

Hoi An, a historic city within the former Quang Nam region, stands out with significant price adjustments. Specifically, land prices in Hoi An ward have increased by 35%, Hoi An Tay ward by 31%, and Hoi An Dong ward by 30%. The most valuable land in Hoi An is located on Tran Phu street, particularly the section leading to the Japanese Covered Bridge, which has been appraised at an impressive 170 million VND per square meter.

Several other streets in Hoi An also command high valuations. Tran Phu street (remaining sections) is valued at 164 million VND/sqm, Nguyen Thi Minh Khai at 139.9 million VND/sqm, Hoang Dieu at 128.9 million VND/sqm, and Bach Dang at 128.3 million VND/sqm. In Hoi An Tay ward, Nguyen Phan Vinh street has the highest land price at 59.1 million VND/sqm, while Hai Ba Trung and Ly Thuong Kiet streets are valued at 43.5 million VND/sqm. In Hoi An Dong ward, Cua Dai street is appraised at 50.7 million VND/sqm, and Ly Thuong Kiet street at 49.2 million VND/sqm.

Meanwhile, areas within the former Tam Ky city also experienced price increases, ranging from 17% to 19%. In Ban Thach ward, Phan Boi Chau street is valued at over 33 million VND/sqm. Other streets like Trung Nu Vuong, Tran Hung Dao, and Tran Quy Cap also have high valuations. In Huong Tra ward, Tran Cao Van street is the most expensive at 28.1 million VND/sqm, followed by Phan Chau Trinh street at 27.5 million VND/sqm. Tam Ky ward's highest land price is 50.7 million VND/sqm on Phan Chau Trinh street. In Quang Phu ward, DT 613B (Thanh Nien) street is valued at 22.6 million VND/sqm. For comparison, the most expensive street in the former Da Nang area remains Bach Dang street, now valued at over 340 million VND/sqm.