According to information from the Vietnam Association of Realtors (VARS), over the years, housing prices in large cities such as Hanoi, Ho Chi Minh City and Da Nang have continuously escalated, establishing new levels, while people's income has increased much more slowly. This increasingly wide gap makes owning an apartment a big challenge, even for high-income workers.
According to research data from the Vietnam Institute for Real Estate Market Research (VARS IRE), by the end of the second quarter of 2025, the apartment price index in Hanoi, Da Nang and Ho Chi Minh City had increased by 87.7%, 69.8% and 48.3% respectively compared to 2019. Currently, the average selling price in these three cities has reached 75.5 million VND/m2 in Hanoi, 66.4 million VND/m2 in Da Nang and 77.1 million VND/m2 in Ho Chi Minh City.
The Hanoi apartment market has recently recorded many new projects being introduced, in the central, western and eastern areas of the city.
The common point is that the selling price is always at a high level, commonly in the high-end and super high-end projects. This price development shows that the market is clearly shifting to the segment with higher value.
According to the survey, the selling price of apartments in a series of large projects is always high. Typically, the Berriver Jardin Long Bien apartment project is about 72 - 88 million VND/m2; Vinhomes Green Bay Me Tri 75 - 100 million VND/m2; Cau Giay Center Point 82 - 102 million VND/m2; Lumi Hanoi 75 - 108 million VND/m2. In the high-end group, The Nelson Private Residences range from 120 - 180 million VND/m2, Noble Crystal from 163 - 270 million VND/m2, The Matrix One 120 - 150 million VND/m2.
The Matrix Premium apartments are being offered for sale at an average of 106 - 160 million VND/m2; Hausman - FLC Premier Parc ranges from 81 - 120 million VND/m2; Sun Feliza Suites are priced at 130 - 180 million VND/m2; The Charm An Hung is priced at 72 - 87 million VND/m2; Kepler Land is being offered for sale at 80 - 90 million VND/m2; Ninety Complex is selling for about 80 - 92 million VND/m2.
In the West and Central part of Hanoi, the market also recorded many projects with notable selling prices: Endless Skyline West Lake (Tay Ho) 120 - 165 million VND/m2; The Canopy Residences (Vinhomes Smart City) 70 - 88 million VND/m2; Kepler Land (Ha Dong) 80 - 95 million VND/m2.
The projects in Dong Anh, Gia Lam, Long Bien are mostly in the mid-high-end to luxury segment, with prices falling around 70 - 140 million VND/m2.
In the third quarter of 2025, the Hanoi market will continue to have many products for sale and are about to open for sale, mainly in the high-end segment.
Typically, Masteri Lakeside in Gia Lam 65 - 70 million VND/m2, The Paris in Gia Lam 60 - 65 million VND/m2, The senique 75 - 85 million VND/m2, Imperia Signature Co Loa in Dong Anh 90 - 100 million VND/m2 and Masteri Grand Avenue in Dong Anh 95 - 120 million VND/m2.
