Apartment prices in suburban areas of Hanoi are on the rise, revealing the trend of moving from the inner city

Thu Giang |

Many apartment projects in the suburbs of Hanoi are attracting the attention of people and investors despite high prices.

According to Lao Dong reporters, in recent times, the apartment segment in Hanoi has recorded a clear shift when the old suburban districts such as Thanh Tri, Gia Lam, Hoai Duc... became a hot spot for price increases.

Mr. Nguyen Van Linh (36 years old, looking to buy an apartment in Hanoi) informed that the apartment price level in the inner city is currently beyond affordability, even for people with average - high incomes like him, it is difficult to buy a suitable apartment.

"Apartment prices in Hanoi are constantly climbing, while the supply of affordable and mid-range products is gradually disappearing. Recently, I have researched some suburban apartment projects with selling prices of 70-80 million VND/m2, and the opportunity to own a house for people is increasingly remote" - Mr. Linh said.

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The apartment segment in Hanoi is attracting the attention of the people. Photo: Thu Giang

According to Lao Dong's research in recent days, many apartment projects in old suburban districts in Hanoi are being advertised for sale at 70 million VND/m2 or more. In the third quarter of 2025, the portfolio of products launched for sale and about to launch for sale will mainly be in the high-end segment.

Some notable projects include Masteri Lakeside in Gia Lam 65 70 million VND/m2; The Paris 60-65 million VND/m2; The senique 75-85 million VND/m2; Imperia Signature Co Loa (Dong Anh) 90-100 million VND/m2; Masteri Grand Avenue in Dong Anh 95-120 million VND/m2.

Data from the website Batdongsan.com.vn in the fourth quarter of 2025 recently analyzed that the apartment segment with the strongest price increase does not appear in the core urban area but mainly concentrates in areas along Ring Road 3 (Hanoi).

Notably, the Thanh Tri district (old) recorded a common selling price of about 74 million VND/m2, up to 158% compared to the first quarter of 2023; Gia Lam (old) reached about 80 million VND/m2 and Ha Dong (old) about 75 million VND/m2, both recording an increase of about 143%.

Meanwhile, in Ba Dinh or Hai Ba Trung (old), apartment prices only increased by about 69-92%, showing a clear shift of cash flow out of the inner city.

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The apartment and private house segments are forecast to remain 2 promising segments in the next 6 months. Photo: Batdongsan.com.vn

Sharing at the Vietnam Real Estate Conference - VRES 2025, Mr. Dinh Minh Tuan - Director of Batdongsan.com.vn - commented that the market is shifting towards a clear differentiation between regions and segments.

The biggest bright spot is in the apartment segment when 37% of brokers surveyed recorded increased transactions, reflecting real housing demand, the segment continues to play a leading driving force. Private houses also kept the same trading rhythm when 26% of brokers said that the transaction volume increased and more than half of the market assessment was stable.

Experts say that the recovery of the real estate market in Hanoi mainly comes from the real demand for housing in the inner city, combined with the strong spillover effect of the Ring Road routes being implemented.

Large-scale infrastructure projects also contribute to expanding the urban development range, helping to improve connectivity, creating attraction for segments serving housing needs such as apartments and private houses.

Thu Giang
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