After a period of continuous price increases, the secondary apartment market in Hanoi is beginning to show signs of price adjustments in many projects. Although the current decrease is not large and mainly occurs after the price level hits a peak, this development shows that market sentiment is gradually becoming more cautious in the context of slower liquidity and increased financial pressure.
The Q1/2026 report of the Ministry of Construction said that in some areas of the secondary market, there has been a downward trend in apartment prices after a period of strong increase. A practical survey on the Batdongsan. com. vn platform also recorded a series of apartment projects in Hanoi adjusting down compared to the peak levels set at the end of 2025 or the beginning of 2026.
At the FLC Complex 36 Pham Hung project, apartment prices are currently commonly around 97.9 million VND/m2, down about 5% compared to December 2025. Meanwhile, at Florence apartment building on Tran Huu Duc street (Tu Liem ward, Hanoi), an 82m2 apartment is being offered for sale at 9.2 billion VND, equivalent to about 112.2 million VND/m2. The common price at the project is currently around 99.2 million VND/m2, down about 2.8% compared to March 2026 but still about 35% higher than the same period last year.
In the western Hanoi area, the Masteri West Heights project (Tay Mo ward, Hanoi) also recorded a slight adjustment trend. A 30m2 studio apartment is currently offered for sale at a price of about 2.8 billion VND, equivalent to 93.3 million VND/m2. The common selling price at the project is currently about 103.2 million VND/m2, down about 3.3% compared to March 2026 but still increasing by nearly 25% after a year.
At The Vesta Ha Dong, the average selling price is currently about 65.2 million VND/m2, down about 4.1% compared to the end of 2025. Xuan Mai Complex apartment building on To Huu street (Yen Nghia ward, Hanoi) currently has a popular price of about 65.9 million VND/m2, down sharply by about 8.1% compared to the peak of January 2026, although still about 21.8% higher than the same period last year.
The Mipec Rubik 360 project on Xuan Thuy street (Cau Giay ward, Hanoi) currently has a popular price of about 127.6 million VND/m2, down about 2.1% compared to the peak of 130.4 million VND/m2 in February 2026. A 110m2 apartment here is being offered for sale at a price of about 13.2 billion VND, equivalent to 120 million VND/m2. However, compared to the same period last year, the price level at this project still increased by about 35.6%.
Similarly, at Imperia Smart City on Thang Long Avenue (Tay Mo ward, Hanoi), the common selling price is currently about 90.9 million VND/m2, down about 5.5% compared to the peak in February 2026 but still up nearly 28% after a year. A 55m2 apartment in the project is currently offered for sale at about 4.4 billion VND, equivalent to about 80 million VND/m2.
Some other projects also recorded similar developments. The Sapphire - Vinhomes Smart City apartment currently has a common price of about 85.1 million VND/m2, slightly lower than the peak set in February 2026 but has increased by about 26.6% in one year. Eco Green City on Nguyen Xien street (Thanh Liet ward, Hanoi) currently has a price of about 85 million VND/m2, down about 3.6% compared to the peak in December 2025 but still increased by more than 28% after one year.
Meanwhile, Mandarin Garden 2 on Tan Mai street (Tuong Mai ward, Hanoi) currently has a popular price of about 107.9 million VND/m2, slightly down 0.7% compared to the peak in November 2025 but up about 25% compared to the same period last year. The Zen Residence - Gamuda Gardens project (Linh Nam ward, Hanoi) currently has a price of about 101.1 million VND/m2, down about 5.2% compared to the peak in February 2026 but still up about 27.5% in the past year.
Talking to Lao Dong Newspaper, Mr. Nguyen Van Hung - real estate broker in Hanoi said that many homeowners have agreed to reduce prices from several hundred million VND/apartment to find buyers, especially those who use financial leverage or need to recover capital. However, transactions are not as easy as in the previous period.
Mr. Hung assessed that the average apartment price in Hanoi is still maintained at a high level due to limited new supply, while real housing demand is still large.
