The latest report from Savills shows that in Hanoi, the apartment segment for sale has recorded many positive signs of recovery.
Notably, the supply of new apartments has improved compared to 5 years ago, but prices are still anchored at a high level. Many people with limited income still have difficulty accessing housing suitable for their financial capacity.
Referring to this content, Ms. Do Thu Hang - Senior Director, Consulting and Research Department of Savills Hanoi - commented that in the Hanoi market, the supply of new apartments in 2025 is expected to reach 25,200 apartments.
The B-class apartment segment continues to lead (accounting for 88% of future supply).
In particular, according to Savills, from 2026 onwards, there will be about 70,000 apartments from 91 projects open for sale. Of which, Dong Anh, Hoai Duc districts, Hoang Mai district (Hanoi) are expected to contribute 52% of the market share.
Data from the analysis site Batdongsan.com.vn just published in February 2025 shows that the level of interest in real estate in Hanoi and Ho Chi Minh City has increased 4-6 times compared to the end of 2024.
According to this analysis page, the land and apartment segment is recording a strong recovery in both interest and posting.
In the rental sector, the apartment segment continues to lead in terms of interest, followed by private houses and boarding houses, reflecting stable demand from students, workers and foreign experts.
In Hanoi, buyers focus on looking for apartments in western districts such as Nam Tu Liem and Ha Dong; Land in suburban areas such as Long Bien, Hoai Duc and Ha Dong; Private houses in densely populated districts such as Dong Da, Hoang Mai and Long Bien.
For the Hanoi real estate market, a report by market research unit Onehousing also said that the supply of new apartments in 2025 will mostly be in the high-end segment (VND 50-80 million/m2) and luxury (VND 80-230 million/m2). Of which, luxury apartments account for 36%.
It is expected that the average selling price of primary apartments can reach 72 million VND/m2 (excluding VAT and maintenance fees).
Ms. Nguyen Hoai An - Senior Director of CBRE Hanoi branch - commented that in 2025, the new supply of apartments in Hanoi is expected to continue to be abundant.
Apartment supply tends to improve, but experts say that the high-end and luxury segments will dominate the market. Meanwhile, the affordable segment continues to be scarce, causing many challenges for consumers with real housing needs.
