The latest statistics from the website Batdongsan.com.vn in the fourth quarter of 2025 show that the number of apartment projects along the Hanoi Ring Road has exploded strongly.
If before 2015, the whole area had only about 269 projects, now this number has increased nearly 2.6 times, reaching approximately 700 projects.
For example, in Thanh Tri, popular apartment prices have reached 74 million VND/m2, recording a record growth of 158% compared to the beginning of 2023. A similar situation also occurred in Gia Lam and Ha Dong when prices reached about 80 million VND and 75 million VND/m2 respectively, an increase of 143% over the past 2 years.
According to Lao Dong reporters, the apartment market is witnessing a sharp increase in prices, not only in new projects but also in apartments that have been used for many years, from commercial housing to social housing, selling prices have skyrocketed.
Mr. Tran Van Minh (35 years old, construction engineer in Hanoi) informed that although he really wanted to live in the inner city, due to financial pressure, his family sought to buy an old apartment in Hoai Duc commune for 62 million VND/m2.
Mr. Minh described that the 67-m2 apartment has a selling price of 4.2 billion VND, although it is nearly 10 km from the workplace, it is suitable for the needs of the family and finances. Meanwhile, the price of old apartments in the center of Hanoi such as Thanh Xuan, Cau Giay, Dong Da... has exceeded 100 million VND/m2.
"Old apartments in the suburbs of Hanoi, with clear legal status, and reputable investors no longer have a selling price of less than VND50 million/m2. The old apartment segment is becoming the choice of buyers when newly opened projects are scarce, the price is too high" - Mr. Minh said.
Experts from the website Batdongsan.com.vn predict that in the first 6 months of 2026, apartments and individual houses will continue to be two segments with great prospects. The apartment segment is forecast to grow by 42, while private houses and townhouses will increase by about 31%.
Apartment prices in the fourth quarter of 2025 recorded a clear difference in each area: Around Ring Road 1 ranging from 100-132 million VND/m2; Ring Road 2 from 78-123 million VND/m2; Ring Road 3 from 74-106 million VND/m2. Some luxury apartments are advertised at 180-210 million VND/m2.
Mr. Nguyen Quoc Anh - Deputy General Director of Batdongsan.com.vn - said that the recent developments in housing prices are related to the trend of increasing bank interest rates. However, interest rate adjustments do not weaken the market but are clarifying the trend of cash flow shifting to products serving real housing needs.
Data from November 2025 shows that interest in apartment buildings increased by 3%, private houses increased by 1%. On the contrary, investment and speculative segments decreased sharply. This shows that buyers are prioritizing products that meet the needs of settlement and transparency in legal documents, instead of assets with high volatility.
