Rental prices in Hanoi increase
Rental prices in Hanoi have increased, causing many students and workers to struggle to find suitable accommodation, facing great pressure on costs and safety.
Mr. Nguyen Phi Long and his wife, workers in Hanoi, are rushing to find a new place to live after getting married. For nearly a week, consulting information on groups, the two have not yet found a room that suits their financial capacity.
"After getting married, I wanted to rent a room at a reasonable price. However, many studio rooms in Chua Lang or Cau Giay area currently have rental prices from 4 - 7 million VND/month. I have also gone to see apartments with 1 bedroom and 1 living room, but the rental price is still over 5 million VND. With an average income, it is very difficult for me and my wife to manage to pay for the room and cover living expenses" - Mr. Long shared.
Ms. Hoang Thi Dung, whose daughter was admitted directly to the Banking Academy in Hanoi, said that she and her child traveled around the school area to find a room but had not yet found a suitable place.
"My family is not superficial, just hoping that our child will have a safe place to live, with enough amenities to be happy. However, when I went to find them, I found them difficult. Rooms priced under VND2 million/month hardly ensure fire safety and fighting conditions" - Ms. Dung shared. See more...
Land fever according to the news of provincial mergers has been controlled
At the end of the first quarter of 2025, there was a local land fever in some localities such as (such as Bac Ninh, Phu Tho, Ninh Binh, Hung Yen, Hai Phong, Dong Nai, ...).
Land prices in these localities have increased rapidly due to the information about merging provinces and cities and rearranging new administrative units. Transactions during this time are mainly speculative transactions.
In that situation, management agencies in localities have issued warnings to people and at the same time deployed control measures to strengthen real estate market management in the area.
Therefore, land transfer prices have been controlled by localities. The Ministry of Construction said that the land transfer price level in the second quarter of 2025 only increased slightly by about 3-5% compared to the first quarter of 2025.
In Hanoi, Minh Giang Dam Va (Me Linh) has an average transfer price of about 40 million VND/m2, Cienco 5 Me Linh (Me Linh) has an average transfer price of about 60 million VND/m2, Tan Lap Cienco 5 (Dan Phuong) has an average transfer price of about 165 million VND/m2, Phu Cat City (Thach That) has an average transfer price of about 58 million VND/m2. See more..
New points for converting to residential land from 1.7.2025 according to new regulations
Da Nang has many luxury apartment projects, the highest price is 130 - 200 million VND/m2
According to statistics from DKRA Consulting in the second quarter of 2025, there were more than 2,600 apartments in Da Nang City and surrounding areas launched on the market, with nearly 1,500 apartments sold, an increase of 30% over the same period last year.
DKRA Consulting experts - analyzed, the apartment market in Da Nang also experienced an imbalance in supply between segments. The supply of class A and luxury apartments accounts for about 77% of the total primary supply in the market.
In addition to the fact that the selling prices of new projects are continuously anchored at high levels due to most positions in the high-end and luxury segments, the general secondary price level generally does not fluctuate much compared to the first quarter of 2025.
According to this unit, the supply of new apartments in the third quarter of 2025 is expected to increase, ranging from 1,500 - 2,500 units, mainly concentrated in Da Nang (old). The Class A apartment segment continues to account for a large proportion of the new supply structure to the market.
Also according to a report from CBRE Vietnam, the average primary apartment selling price has increased sharply over the past year, reaching 85 million VND/m2 in June 2025, an increase of 27% over the same period in 2024. See more...
