According to statistics from the Hanoi Department of Construction, since the beginning of the year, the city has had 33 real estate projects formed in the future that are eligible for capital mobilization, providing the market with 30,364 products. Of which, more than 80% are apartments with 24,556 units.
Experts say that in 2025, Hanoi will record more than 30,000 new apartments licensed for sale. In the first 6 months of the year alone, nearly 15,000 units were offered for sale, double the same period in 2024. Although supply has recovered, apartment prices in Hanoi are still climbing as investors mainly focus on the high-end and luxury segments.
Hanoi apartments continue to enter the race for prices, with each project being higher than the previous project. Despite abundant supply, the primary price level is still high, averaging 7080 million VND/m2, with luxury projects reaching 150300 million VND/m2. In fact, many newly launched projects were "sold out" on the opening day.
In early July 2025, the Long Bien Central project in Viet Hung ward was launched with an average market exploration price of 118 million VND/m2, not including 10% value added tax (VAT) and 2% maintenance fee. Also in July 2025, the Sun Feliza Cau Giay project offered an expected price of 140200 million VND/m2, recording the record of primary apartments in the old Cau Giay district.
Previously, in June 2025, The Matrix Premium project (Tu Liem ward) had an average selling price of 130 million VND/m2, excluding VAT and maintenance fees, double the opening price 4 years ago. Notably, the Noble Crystal Tay Ho project in Nam Thang Long - Ciputra urban area recorded a primary price of 188330 million VND/m2, as expensive as many townhouses.
Also joining the "club" of apartments at 100 million VND/m2, Hausman Premium Residence (FLC Premier Parc Urban Area, Dai Mo Ward) with a price ranging from 100120 million VND/m2. Even some projects far from the center have competitive prices with the central area, from 120130 million VND/m2.
Experts predict that in the last 3 months of 2025, the Hanoi market is expected to have at least 9 new apartment projects. In particular, most of the supply is concentrated in the high-end segment, with prices ranging from 70120 million VND/m2.
According to Ms. Tran Thi Mai Huong (residing in Xuan Dinh, Hanoi), currently the advertising price is usually from 6080 million/m2, but most of the beautiful apartments have been kept, leaving only the apartments in lower locations with higher prices. Real, middle-income buyers are almost pushed out of the game.
In reality, CT12B (Kim Van - Kim Lu Apartment Complex, Hanoi) was built in 2014, but is currently being traded at over 60 million VND/m2. Ms. Nguyen Minh Ngoc, residing in CT12B, said: "I don't understand why prices have increased so much. Previously, my family bought a 68m2 apartment here for nearly 2 billion VND, but with the current price, it has increased to more than 4 billion VND.
Talking to Lao Dong Newspaper reporter, Mr. Do Van Thach - General Director of Dova Land Real Estate Company - said that there are 3 factors driving up real estate prices: supply is mainly in the high-end segment, prime locations; land costs, materials and interest rates have increased sharply; along with the mentality of customers " fearing missing out" when prices may continue to increase. In a project, there are investors willing to buy 2-3 apartments at a time, then just need to transfer a beautiful location to a higher price, which is a difference of several hundred million to a billion VND. This is a clear manifestation of the phenomenon of speculation, creating a feeling of a comprehensive sale of projects while most real buyers have a hard time accessing them.
Meanwhile, the Ministry of Construction has warned about the phenomenon of hoarding and price inflation, causing the asking price to be higher than the actual value. This is a point that needs to be controlled for the market to develop healthily. The Hanoi apartment market is still liquid, but to balance, we need more affordable commercial housing supply. Only then can we properly meet real housing needs and limit price inflation, said Mr. Thach.
Sharing the same view, Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club, said that to balance the market, it is necessary to promote the development of social housing. According to Mr. Diep, positive changes from policies are helping to reduce social housing prices, forcing commercial projects to adjust their strategies.
