According to Onehousing's market survey data, the selling price of townhouses in Hanoi is currently increasing sharply. Compared to the first quarter of 2023, the price of townhouses in the first quarter of 2025 has increased by about 30%, from an average of VND 337 million/m2 to VND 437 million/m2.
This price is currently on par with townhouses in the suburbs such as Gia Lam and Dong Anh districts.
For example, in Ba Dinh district, house prices on major streets such as Nguyen Cong Hoan range from 430 - 520 million VND/m2, an increase of 15% over the same period last year. On Cao Ba Quat Street, house prices increased from 240 - 320 million VND/m2 to 280 - 370 million VND/m2, equivalent to an increase of 12 - 15%.
Housing prices on Ngoc Ha Street are fluctuating from 310 - 540 million VND/m2 to 360 - 620 million VND/m2. On Kim Ma Street, house prices also increased from 400 - 680 million VND/m2 to 440 - 730 million VND/m2.
In Dong Da district, within 1 year, the price of houses on Hoang Cau street has increased from 380 - 470 million VND/m2 to 425 - 516 million VND/m2, houses on Yen Lang street increased from 330 - 490 million VND/m2 to 370 - 560 million VND/m2.
Similarly, the price of Hoang Ngoc Phat street-front houses increased from 350 - 370 million VND/m2 to 380 - 440 million VND/m2. For streets like Huynh Thuc Khang, housing prices are quite high but still recorded an increase of 7 - 10%, from 520 - 710 million VND/m2 to 550 - 770 million VND/m2.
In Cau Giay District, the price increase is from 10 - 15% within 1 year. On Duy Tan street, house prices have increased from 230 - 520 million VND/m2 to 265 - 580 million VND/m2. Hoang Quoc Viet street-front houses increased from 380 - 550 million VND/m2 to 420 - 600 million VND/m2.
Mr. Nguyen Thanh Binh (42 years old - a long-time real estate investor in Hanoi) - acknowledged that the townhouse segment in central districts of Hanoi is always attractive, has high value, and is suitable for transfer, business and rental.
According to Mr. Binh, owners can effectively exploit their assets, earning regular profits from leasing business premises to businesses, stores or offices. This increases the attractiveness of townhouses even though the selling price has skyrocketed.
The market report for the first quarter of 2025 of the website Batdongsan.com.vn also shows that the level of interest in townhouses in central districts of Hanoi has increased by nearly 25% compared to the same period last year.
Batdongsan.com.vn analyzed that while inner-city townhouses are heating up, the suburban apartment market such as Hoai Duc, Ha Dong, Thanh Tri districts has recorded a slow or steady price increase. This is also an area where many people with real housing needs are looking to rent to save costs - creating a clear differentiation between housing and investment housing.
Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - said that the real estate segment with commercial value such as townhouses in the core area of the capital, although extremely expensive, is always of interest and demand to investors.
Experts recommend that townhouses are a segment for people with strong cash investment flows and long-term vision. Townhouse buyers should carefully research the legal documents to avoid risks related to disputes, carefully consider the quality of the project, and rent out premises when not in use to optimize profits.
