Recently, apartment prices in Hanoi have continuously increased, continuously establishing new levels in many areas. According to data from Batdongsan.com.vn, the Hanoi real estate market in 2025 witnessed signs of interest, selling prices continued to increase but the pace has slowed down. The selling price in 2025 will increase by 13%, slowing down compared to the 39% increase recorded in 2024.
In the third quarter of 2025, apartments will continue to be the focus, increasing prices by 95% compared to the first quarter of 2023, especially in the high-end segment in Tay Ho and Ba Dinh, where prices are commonly 130210 million VND/m2. This makes 56% of survey respondents rate current apartments as " hard to access".
On the contrary, the general education - mid-range segment (under 55 million VND/m2) recorded outstanding price increase efficiency (up 57% - 71%) compared to the first quarter of 2024, while maintaining the best rental yield. The trend of shifting supply and demand to Dong Anh, Gia Lam, Long Bien is becoming increasingly clear.
Notably, the apartment price level in Hanoi as of the end of the third quarter of 2025 recorded a very high level in many areas. Tay Ho recorded an average price of about 106 million VND/m2, an increase of 91% compared to the first quarter of 2023; Dong Da reached 86 million VND/m2, an increase of 111%; Thanh Xuan 87 million VND/m2, an increase of 98%; Cau Giay 84 million VND/m2, an increase of 99%; Hai Ba Trung 87 million VND/m2, an increase of 67%. Ba Dinh still holds the highest price in the capital at 128 million VND/m2, equivalent to an increase of 74%.
In near-central areas, the upward trend is even more pronounced. Dong Anh has an average price of 72 million VND/m2, an increase of 99%; Thanh Tri has 59 million VND/m2, an increase of 119% - the highest increase in the whole market; Ha Dong has 61 million VND/m2, an increase of 108%; Hoang Mai has 68 million VND/m2, an increase of 102%; Gia Lam has 64 million VND/m2, an increase of 114%. Bac Tu Liem recorded an average price of 84 million VND/m2, an increase of 110%; Long Bien 67 million VND/m2, an increase of 83%; Nam Tu Liem 77 million VND/m2, an increase of 88%.
The simultaneous price increase in both the inner city and near-central areas is creating a new price level, narrowing the gap between regions and showing great demand in the context of limited new supply. This development also increases concerns about housing access, as the increase is no longer concentrated in some areas but has spread to most areas near the center of Hanoi.
According to Mr. Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn, although prices have increased sharply, liquidity in the apartment market remains high. However, Mr. Quoc Anh also warned that the hot increase in Hanoi apartment prices has strongly affected market sentiment. Hanoi apartment prices are increasing too quickly, leading many investors to worry about whether the apartment market is reaching its peak, he said. He said the risk comes as prices have been rising steadily for a long time, while investor sentiment has begun to worry about the likelihood of regulation.
