Apartments along the belt in Hanoi lead the growth wave, many projects open for sale

Thu Giang |

According to Batdongsan.com.vn, in the fourth quarter of 2025, the supply of apartments will still be mainly concentrated along the belt axes, especially the area around Ring Road 3.

According to Lao Dong reporters, after a long period of continuous increase, the average primary selling price of apartments in Hanoi has now exceeded 100 million VND/m2, making many people and investors dizzy.

Typically, Lancaster Legacy project has an average price of about 149 million VND/m2; Heritage West Lake 140 million VND/m2; Discovery Complex 115 million VND/m2; Vinhomes Global Gate 130 million VND/m2; Cau Giay Center Point 88-123 million VND/m2; Lumi Hanoi 82-112 million VND/m2; The Matrix One 120-150 million VND/m2...

With scarce supply while apartment prices are constantly pushed up, Ms. Nguyen Thi Tuyet (born in 1995, office worker in Hanoi) believes that apartment prices on the market are currently far exceeding the income of the majority of people.

Ms. Tuyet researched many apartment projects opening for sale along Ring Road 3, on the outskirts of Hanoi but could not buy them because the selling price was too high, in some places exceeding 100 million VND/m2.

"Many apartment projects in other areas such as Tay Ho have an average selling price of about 106 million VND/m2; Bac Tu Liem about 84 million VND/m2; Long Bien about 67 million VND/m2; Thanh Tri area has an average price of about 60 million VND/m2" - Ms. Tuyet said.

Mot goc duong Vanh dai 3 (Ha Noi). Anh: Tran Bang
According to Batdongsan.com.vn, the supply of apartments is still mainly concentrated along the belt axes, especially the area around Ring Road 3. Photo: Tran Bang

At the Vietnam Real Estate Conference - VRES 2025 organized by the website Batdongsan.com.vn, Mr. Dinh Minh Tuan - Business Director of Batdongsan.com.vn - predicted 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%.

In Hanoi alone, the supply of apartments is still mainly concentrated along the belt axes, especially the area around Ring Road 3, where many new projects are being opened for sale and infrastructure is being completed.

Notably, apartment prices in the fourth quarter of 2025 recorded a clear difference in each area such as 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.

The results of this website's 2026 market trend survey also reflect buyers' expectations of price increase. 70% said that apartment prices will increase slightly, 17% said they will increase sharply; 27% said prices were stable; 11% forecasted a slight decrease and only 2% forecast a sharp decrease.

Experts also explained that the expectation of price increases comes from many factors such as the supply of high-end apartments pushing up the price level, increased real housing demand, higher land and construction costs, inadequate supply, the trend of moving from private houses to apartments and the process of completing urban infrastructure.

Thu Giang
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