24h Real Estate: Young couple struggles to buy an apartment for 2 - 3 billion VND

Khương Duy |

Massive sale of houses in the old Hoa Binh city after the merger; Young couples struggling to find apartments to rent in Hanoi... are notable real estate news in the past 24 hours.

Massive sale of houses in old Hoa Binh city after merger

According to information from the Phu Tho Provincial Electronic Information Portal, after the merger of the three provinces of Hoa Binh, Vinh Phuc and Phu Tho into the new Phu Tho province, it is expected that about 4,405 cadres, civil servants and public employees from Vinh Phuc and Hoa Binh will register to stay in Phu Tho.

The transfer of personnel and change of workplaces after the merger also led to a wave of relocation. The demand for selling and renting houses in the center of the old Hoa Binh city (now Hoa Binh ward, Phu Tho province) has begun to increase sharply.

According to the reporter of Lao Dong Newspaper, in mid-July, on small-scale promotion sites and real estate groups, news about selling apartments and townhouses in the center of the old Hoa Binh City (now Phu Tho Province) appeared densely.

Tin rao ban nha pho, nha chung cu tai trung tam TP Hoa Binh cu (nay la tinh Phu Tho) xuat hien day dac tren cac hoi nhom bat dong san. Anh chup man hinh
News of selling townhouses and apartments in the center of the old Hoa Binh city (now Phu Tho province) appeared densely on real estate groups. Screenshot

In particular, the apartment segment - which is considered a stable investment and residential channel - is witnessing a sudden increase in the wave of sales and rental, especially in apartment buildings such as Sao Vang and Da Hop. However, in contrast to the level of sale, the number of successful transactions is very modest.

Mr. Hong Thai - a real estate broker in Phu Tho - said that currently the selling price of apartments in the center of the old Hoa Binh city (now Phu Tho province) ranges from 550 million to more than 1.2 billion VND/unit, depending on location and area. Meanwhile, rental prices tend to decrease slightly to attract customers, commonly from 3 to 4.5 million VND/month. However, the number of tenants is not much. See more...

Young couple struggle to find a house for 2 - 3 billion VND amid the wave of luxury apartments in Hanoi

For many young families, finding apartments priced from 2 to 3 billion VND in Hanoi is facing many difficulties.

Nhieu vo chong tre chat vat tim mua chung cu tai Ha Noi. Anh: Hai Nguyen
Many young couples struggle to buy an apartment in Hanoi. Photo: Hai Nguyen

Mr. Nguyen Minh Tuan and his wife (working in Tu Liem ward) have spent nearly half a year looking to buy an apartment with a price range of 2-3 billion VND in Hanoi. However, the journey of "finding a home" became increasingly difficult when most of the newly opened projects on the market were in the high-end segment, with prices beyond the couple's ability to pay.

With about 2.5 billion VND accumulated, my wife and I only expect a 2-bedroom apartment, not too far from the center, to be able to stay immediately. However, there are fewer and fewer affordable apartments, mainly far away, with unsynchronized infrastructure. Most of the newly opened projects are priced at 4-5 billion VND or more" - Mr. Tuan shared.

Similarly, Mr. Pham Duy Khanh (32 years old, technology engineer) and his wife still have to temporarily put aside their plan to buy a house after many months of searching in hopelessness. For more than 4 months, the two have traveled to all areas of Tu Liem ward, Hoang Mai ward... but still could not find a satisfactory apartment in the price range of 3 billion VND. See more...

Compensation for land acquisition may increase from 2026

From 2026, land compensation will be calculated according to specific land prices approaching the market. Video: Nhu Ha - Huyen Chi

Khanh Hoa aims to complete the construction of a VND4,450 billion hospital by 2029

The project to build Khanh Hoa General Hospital into a South Central Coast Region Hospital is expected to be completed by the end of 2029.

Tru so cu Benh vien Da khoa tinh Khanh Hoa. Anh: Huu Long
Old headquarters of Khanh Hoa General Hospital. Photo: Huu Long

On July 21, the People's Committee of Khanh Hoa province held a meeting with departments, branches and localities to assess the implementation of the Khanh Hoa Provincial General Hospital Construction Project to become a Hospital in the South Central Coast region.

The project has been approved by the Provincial People's Council for investment with a total investment of VND4,450 billion from the provincial budget.

The project has a total construction area of 11.2 hectares in Nam Nha Trang ward, expected to be implemented in the period of 2025 - 2030.

According to the plan, the project is divided into 2 component projects: site clearance and construction of Khanh Hoa General Hospital into a regional hospital.

In particular, the architectural plan is expected to be approved in July 2025; the investment project will be approved in February 2026; construction will begin in June 2026 and be completed by the end of 2029. See more...

Khương Duy
TIN LIÊN QUAN

Young couple struggle to find a house for 2 - 3 billion VND amid the wave of luxury apartments in Hanoi

|

Hanoi - For many young families, finding apartments priced from 2 to 3 billion VND in Hanoi is facing many difficulties.

Real estate 24h: Hanoi apartment prices set new level

|

Ho Chi Minh City breaks land acquisition plan for expressway construction; Hanoi apartment prices set up new premises... are notable real estate news in the past 24 hours.

Apartment prices in Hanoi increase sharply, establishing a new site of 75.5 million VND/m2

|

Supply has increased sharply, selling prices are high, but the apartment market still records good absorption, especially in large cities.

Hung Yen recovers after storm, people start taking to the streets, many trees fall

|

Hung Yen - On the afternoon of July 22, the weather in some wards such as Pho Hien, Nam Son, Hong Chau stabilized again after storm No. 3.

Hai Phong has big waves, strong winds after the storm, water overflows onto the road in the tourist area

|

Hai Phong - Due to the impact of storm No. 3, the sea area of Do Son 1 recorded high tides combined with big waves and strong winds.

To propose salary increase as a driving force for development

|

Mr. Le Dinh Quang - Former member of the National Wage Council shared in depth and frankly about the proposals to adjust the regional minimum wage in the coming time.

Male body found drifting near the area of a capsized ship in Ha Long Bay

|

Quang Ninh - The body was discovered drifting between Bai Chay beach and Dau Go cave, Ha Long Bay.

Witnessing the cable break in Dien Bien

|

Dien Bien - Rescue forces are planning to salvage the car that fell into the river due to a broken cable of a suspension bridge in Thanh Yen border commune.

Young couple struggle to find a house for 2 - 3 billion VND amid the wave of luxury apartments in Hanoi

Như hạ |

Hanoi - For many young families, finding apartments priced from 2 to 3 billion VND in Hanoi is facing many difficulties.

Real estate 24h: Hanoi apartment prices set new level

Phan Anh |

Ho Chi Minh City breaks land acquisition plan for expressway construction; Hanoi apartment prices set up new premises... are notable real estate news in the past 24 hours.

Apartment prices in Hanoi increase sharply, establishing a new site of 75.5 million VND/m2

Bình Nguyên |

Supply has increased sharply, selling prices are high, but the apartment market still records good absorption, especially in large cities.