Exciting paintings for sale in Hanoi
If the 2023-2024 period is the period of market consolidation with new supply mainly concentrated in the East and the West, then in the second quarter of 2025, Hanoi will witness the strong return of real estate projects in all four directions East - West - South - North. This even allocation not only contributes to creating a balanced supply situation, but also expands access to housing for many customer groups with different needs and financial ranges.
Mr. Tran Minh Tien - Director of One Mount Group Market Research and Customer Insight Center commented: "The difference of the primary market in the first 5 months of 2025 is not only the increase in the number of apartments compared to the average of 2021 - 2024, but also the diversity in location and segment - from mid-range to high-end, from social housing to luxury apartments... This is a sign showing the return of projects that have been launched for a while on the market but have not been implemented yet".
Outstanding new projects such as Masteri Trinity Square (Vinhomes Ocean Park 2), PR6 - The Paris (Vinhomes Ocean Park), Kepler Land (Mo Lao - Ha Dong) and The Cosmopolitan (Vinhomes Global Gate) are simultaneously opening for sale, contributing to a vibrant and vibrant market picture in May.
According to One Mount Group's forecast, the total supply of primary apartments in Hanoi by the end of the second quarter could exceed 8,000 units - double the first quarter and approach the "peak" in the third quarter of 2024, when the market once recorded a short-term breakthrough after a long period of stagnation.
The East leads the market
According to a May 2025 survey conducted by the One Mount Group Market Research Center in Hanoi, apartments are the most popular type of real estate, accounting for 50% of the choice. Of these, 88% said that their purchase plans in the next 2 years show strong purchasing power in the short term. Customers are mainly in the 35 - 44 age group, however, the 18 - 34 generation is also accounting for a significant proportion of 27%, reflecting an increasingly clear trend in the need to own a house early.
Mr. Tran Minh Tien analyzed: "The trend of younger customers is becoming increasingly clear, and this group of customers often look for civilized, modern living spaces with diverse utilities. Therefore, it is easy to see that apartment type continues to be the top choice.
In the market picture for the second quarter of 2025, the East (Hanoi) and Van Giang (Hung Yen) are forecast to continue to be bright spots when they account for 40 - 50% of new supply, thanks to competitive price advantage, connecting infrastructure and the trend of expanding people from the central area.
Summarizing the picture in May, experts from One Mount Group emphasized: The market in 2025 is converging all 3 factors to continue the growth momentum of 2024 including: abundant supply, stable demand and gradually restored confidence. If macro factors remain stable, liquidity will continue to improve in the coming quarter. Carefully selecting positions, clear legal documents and growth potential will be the key to grasping the new cycle of the market".
