According to a survey by Lao Dong Newspaper reporters, some projects with popular prices in November 2024 under 55 million VND/m2 in Hoang Mai district include: apartments in Kim Van - Kim Lu urban area (50.9 million VND/m2), Licogi 12 project - Dai Kim ward (about 38.8 - 51.4 million VND/m2), Ruby Tower - Dinh Cong ward (about 41.4 - 48.1 million VND/m2), Lidaco-Vinaconex 7 - Dai Kim ward (about 37.9 - 52 million VND/m2), HH1 Linh Dam - Hoang Liet ward (about 37 - 46.6 million VND/m2)...
In Thanh Xuan district: Ha Dinh Tower - Thanh Xuan Trung ward (about 40.6 - 48.6 million VND/m2), project 96 Dinh Cong - Phuong Liet ward (about 41.7 million VND/m2),...
In Ha Dong district: Sails Tower apartment building - Kien Hung ward (about 43.8 - 50.2 million VND/m2), apartments in Thanh Ha Muong Thanh urban area - Kien Hung ward (about 31.4 - 41.6 million VND/m2), Nam Xa La apartment building - Phuc La ward (about 33.9 - 47.9 million VND/m2)...
In Long Bien district: apartments in Viet Hung urban area - Duc Giang ward (about 42.8 million VND/m2), Hope Residence project - Phuc Dong ward (about 44.9 - 48.6 million VND/m2), apartments in Sai Dong urban area (about 40 - 47.2 million VND/m2)...
The Ministry of Construction's report on housing and real estate market in the third quarter said that the number of successful transactions of apartments and individual houses reached 38,398 products, an increase of 48% compared to the previous quarter.
Apartment prices in Hanoi continue to increase in both new and old projects, the average price of new projects has increased by about 4-6% per quarter and 22-25% per year. Apartment prices have also increased, especially in some areas, increasing locally by about 35% to 40% depending on the location compared to the previous quarter.
The affordable apartment segment with a selling price of less than VND25 million/m2 has almost no transactions and products for sale. Mid-range apartments with prices from VND25 million/m2 to less than VND50 million/m2 still account for a high proportion of transactions and supply in the market. The rest are luxury and super luxury apartments (with prices above VND50 million/m2).
Mr. Nguyen Quoc Anh - Deputy General Director of PropertyGuru Vietnam - said that the average selling price of apartments in 2021 ranges from 34 - 37 million VND/m2; in 2022, from 38 - 40 million VND/m2; in 2023, from 39 - 42 million VND/m2; in 2024, it has reached 45 - 51 million VND/m2.
Regarding the change in the average increase in apartment prices, according to Mr. Nguyen Quoc Anh, before 2020, the general mentality of people in the North still considered apartments as a negative asset.
Until 2022, despite the difficult market, the interest in apartments has not decreased much, even continuing to maintain a high level nationwide. This reflects that this is a type of property with cash flow, meeting real housing needs, a need that is always present in the market.
