According to the housing market report just announced by the Ministry of Construction, in the fourth quarter of 2025, apartment prices in Hanoi, Ho Chi Minh City and major cities were basically stable and continued to be maintained at a high level compared to the previous quarter. In Hanoi, the average primary apartment selling price in 2025 reached 100 million VND/m2, an increase of 40% compared to 2024.
According to a survey by Lao Dong Newspaper on real estate information channels, apartment asking prices in the West Lake area (Hanoi) are currently high.
At the Noble Crystal Tay Ho project, apartments are offered for sale at prices ranging from 150 - 220 million VND/m2. For example, a Sky Villa penthouse with an area of 320m2, including 5 bedrooms, is being offered for sale at 212.5 million VND/m2, equivalent to about 68 billion VND/unit. In the same project, a 2-bedroom apartment, with an area of 82m2, is currently offered for sale at 195.84 million VND/m2, equivalent to about 16 billion VND/unit.
At the Heritage West Lake project, many apartments are also offered for sale by brokers at high prices. Specifically, a 2-bedroom apartment, with an area of 95m2, is offered for sale at a price of nearly 147.37 million VND/m2, equivalent to about 14 billion VND/unit. Another 94m2 apartment is offered for sale at 14.5 billion VND, equivalent to nearly 154.26 million VND/m2.
Meanwhile, at the Celestine Westlake project, apartments are offered for sale at prices from 142.1 - 256.7 million VND/m2. Similarly, the Sun Grand City Thuy Khue Residence project recorded offering prices in the range of 145.4 - 204 million VND/m2.
According to the Vietnam Real Estate Market Report of the Research and Development Department of BHS Group (BHS R&D), in the fourth quarter of 2025, in Hanoi, Grade A and luxury apartments accounted for nearly 85% of the total supply in the quarter, leading to a large concentration of transactions in these two segments.
The areas with the highest primary prices currently include Tay Ho, Nghia Do, Cau Giay, Long Bien and Giang Vo wards. In which, Tay Ho ward area recorded new apartment prices for sale in the fourth quarter of 2025 reaching the highest level with prices ranging from 152 - 290 million VND/m2.
Assessing the attractiveness of this area, Ms. Hoang Nguyet Minh - Senior Director, Commercial Leasing Department of Savills Hanoi - said that Tay Ho is an attractive destination thanks to possessing many strategic advantages such as synchronous transport infrastructure, international residential communities, methodical planning and suitable land funds to develop high-end commercial complexes.
Commenting on the Hanoi apartment market, BHS Group forecasts that the period 2026 - 2027 will witness a boom in apartment supply, with many large projects preparing to launch, mainly concentrated in areas adjacent to major cities, where there is a large land fund and more reasonable prices. Meanwhile, the inner city continues to cling to high prices and under infrastructure pressure. In the context that selling prices at the end of 2025 have approached the "peak" and new supply is expected to increase sharply, apartment prices in the near future are forecast to remain flat or only increase slightly.
According to data from the Market Research & Customer Comprehension Center of One Mount Group, in 2026, the Hanoi market may record about 35,000 - 40,000 new apartments for sale. The supply of the high-end segment increased slightly, mainly concentrated in the Ring Road 3.5 area. Meanwhile, the area inside Ring Road 3.5 is still mainly luxury projects with prices above 100 million VND/m2, clearly reflecting the price difference between regions and the trend of expanding urban development space.
Mr. Tran Minh Tien - Director of One Mount Group Market Research & Customer Understanding Center - said: "After making a strong breakthrough in the period 2024-2025, the Hanoi market is forecast to maintain its growth momentum but with a stable pace and a price level more suitable for the majority".
