Hanoi apartment price chart continues to increase

CBRE Vietnam Company commented that the secondary selling price of Hanoi apartments is expected to continue to record an upward trend until the end of the year, with an estimated increase of about 20% compared to the same period last year. This is still a high price increase, although it is lower than the increase in secondary selling price of Hanoi apartments recorded in 2024. In general, the price chart of Hanoi apartments continues to trend upward.

Apartment prices in Hanoi continue to rise. Photo: Tuan Anh/VNA

Experts warn that the possibility of secondary prices continuing to increase will raise concerns about the sustainability of the market, especially in the context of clear differentiation between real demand and buyers' ability to pay.

In the last months of 2025, the Hanoi apartment market is expected to continue to be vibrant. The total new supply in the last quarter of the year in Hanoi is expected to reach more than 11,100 units, bringing the total number of new apartments for sale in 2025 to exceed 32,300 units, higher than in 2024. The new supply with more diverse locations will help the market record more products in the price segment from 50 - 60 million VND/m2.

Ms. Nguyen Hoai An - Senior Director, CBRE Vietnam Branch in Hanoi commented that the growth and diversification of supply, along with the development of infrastructure connections, and reasonable management and regulation policies from the management agency, will play an important role in maintaining the stability and health of the Hanoi apartment market in the period of 2026-2027.

According to CBRE statistics, in the last quarter, the total supply of newly launched apartments in Hanoi reached more than 10,300 apartments, marking the second quarter in the past 5 years with new supply exceeding the 10,000-unit mark. In the first 9 months of the year, the total supply reached nearly 21,100 units, an increase of 10% over the same period in 2024.

Notably, this quarter recorded a record high in new supply from projects with asking prices above VND120 million/m2 (excluding VAT and maintenance and discount fees), reaching more than 2,000 units for sale. Newly launched projects are distributed in many areas, notably well-connected areas such as Tay Ho, Cau Giay and Long Bien. In addition, projects with prices from VND60 million/m2 or more are also increasingly appearing in areas far from the center such as Dan Phuong and Van Giang ( Hung Yen - a province bordering Hanoi).

The emergence of many new projects in favorable locations has contributed to boosting transaction activities in the quarter. The total number of apartment transactions in the third quarter of 2025 in Hanoi reached more than 11,100 units, the highest quarterly level ever recorded in Hanoi since 2018.

Regarding the price developments, CBRE experts commented that the apartment asking price continued to increase in the third quarter in both the primary and secondary markets. The average primary asking price exceeded VND90 million/m2 (excluding VAT and maintenance and discount fees), higher than the average price of the apartment market in Ho Chi Minh City in this quarter. The average primary price of apartments in Hanoi in the third quarter of 2025 was 16% higher than the previous quarter and 41% higher than the same period last year.

In the last quarter, many investors continued to promote sales plans and actively launched sales from existing project funds, in which many projects were located near the center and had convenient connections, pushing up the selling price level. However, even in areas that previously had reasonable selling prices such as Dan Phuong and Van Giang (Hung Yen), this quarter also recorded higher prices, driven by the participation of large, experienced investors, investment in infrastructure development and the formation of modern residential clusters.

Despite the high primary selling price level, most of the newly launched projects in the quarter still recorded positive absorption rates, averaging around 70-80% of the units launched. This development partly shows that the demand for real estate investment in Hanoi remains stable, with no signs of slowing down.

In the secondary market, the average selling price reached VND58 million/m2 (excluding VAT and maintenance and discount costs), an increase of 19% year-on-year. Although the above year-on-year increase is slower than that of 2024, it is faster than that of the first two quarters of 2025.

Source: https://baotintuc.vn/bat-dong-san/bieu-do-gia-chung-cu-ha-noi-van-tiep-tuc-xu-huong-tang-20251015154826877.htm