Mr. Nguyen Huu Bang (40 years old, living on Chua Boc street, Dong Da district) said that he was very surprised when the price of houses in the alley here has continuously increased. Although they are in the same alley, each person is offering a different price.
According to Mr. Bang, many private houses in alleys here, although with a small area of only about 25-30m2, have sold for over 100 million VND/m2.
However, the same area, location, and structure of the house, but some owners sold it at a difference of 40-60 million VND/m2, which surprised many people.
Similarly, Ms. Nguyen Thi Linh (living in Long Bien district) informed that she herself was surprised when the selling price of private houses here kept "dancing" due to the complete infrastructure and transportation.
For example, a 2-storey house, 30m2 wide in Viet Hung ward (Long Bien district) was advertised for sale at 3 billion VND in August 2024, but so far, the owner has raised the price to 3.5 billion VND after only a few months. The house is introduced to have the advantage of being located in a densely populated area, near schools, hospitals, and offices.
Data from the real estate market analysis website Batdongsan.com.vn recently published in February 2025 shows that the level of interest in real estate in Hanoi and Ho Chi Minh City has increased 4-6 times compared to the end of 2024.
According to this analysis page, the land and apartment segment is recording a strong recovery in both interest and posting.
In the rental sector, the apartment segment continues to lead in terms of interest, followed by private houses and boarding houses, reflecting stable demand from students, workers and foreign experts.
In Hanoi, buyers are focusing on looking for private houses in densely populated districts such as Dong Da, Hoang Mai and Long Bien.
Research data from the Vietnam Association of Realtors (Vars) recently analyzed that in fact, in the market, in Hanoi's inner city, the number of private houses priced from 3-4 billion VND/unit is quite scarce.
Mr. Do Ngoc Thang - Regional Sales Director at OneHousing - commented that the inner city of Hanoi is a place where land funds cannot be expanded further but the population is still increasing and most importantly, the real demand for housing, investment, business, and rental.
Therefore, the price of real estate in Hanoi's inner city, including the segment of private houses and houses in alleys, is still a safe and sustainable channel for storing assets.
Many real estate experts note that, in addition to the strengths, buyers of private houses in alleys need to consider a number of criteria such as the width of the entrance, the direction of fire prevention and fighting, the quality of the house, the construction, legal procedures such as red books, construction permits to anticipate risks, have options suitable to their needs and finances.
