Information about urgent sales and discounts of billions of VND appears in house advertisements in alleys in Hanoi.
Surveys on the market show that in the Hoang Quoc Viet land subdivision area, Nghia Do ward, a 42m2 house, built with 5 floors, is advertised for sale at 13.86 billion VND, equivalent to about 330 million VND/m2. The advertisement introduced a discount of 5 billion VND, the homeowner needs to sell urgently to solve work.
On Thai Ha street, Dong Da ward, a 6-story house with a 5m frontage is offered for sale for 29.9 billion VND, with information of a price reduction of 3 billion VND. According to the description, the house is located in an alley for cars to avoid, with a sidewalk, the actual area is 70m2, the recognized area is 55m2.
On Tran Huu Tuoc street, Kim Lien ward, a reduction of 2 billion VND was mentioned for a 42m2 house, built with 5 floors. The asking price is 7.9 billion VND, equivalent to about 188.1 million VND/m2, still negotiable. The house is located in a 3m wide alley, 30m from the street front.
Similarly, on Xa Dan street, Kim Lien ward, a 38m2 house, built with 6 floors, was advertised for sale for 7.3 billion VND, equivalent to about 192.1 million VND/m2. The advertisement stated that the homeowner reduced another 2 billion VND, the price is still negotiable. According to the description, the house is located in a 3m wide alley, 10m away from the car's exit.
According to price history data on Batdongsan. com. vn, different adjustments are recorded between regions. This data is displayed by ward or district before the merger.
In the Nghia Do ward area, old Cau Giay district, the common selling price of private houses in August 2026 is 326 million VND/m2, 6.3% lower than the peak of 348 million VND/m2 in May 2026, but still up 3.5% compared to the same period last year.
In the Trung Liet ward area, old Dong Da district, the common selling price in August 2026 was 315 million VND/m2, down 4.3% compared to the same period and 6.5% lower than the peak of 337 million VND/m2 in October 2025.
Kim Lien ward area, old Dong Da district recorded a price of 248 million VND/m2, down 8.5% compared to the same period, 18.2% lower than the peak of 303 million VND/m2 in November 2025.
In the Thinh Quang ward area, old Dong Da district, the price is 236 million VND/m2, down 10.9% compared to the same period and 17.5% lower than the peak of 286 million VND/m2 in September 2025.
According to a market report by Batdongsan. com. vn, in the third quarter of 2026, the asking price of townhouses in Hanoi decreased by 2% compared to the first quarter of 2026, from 536 to 525 million VND/m2. In the same comparative period, the price of private houses decreased by 1%, from 253 to 250 million VND/m2; villas decreased by 1%, from 270 to 267 million VND/m2.
In July 2026, the level of interest in townhouses decreased by 12%, villas decreased by 4%, and private houses decreased by 3%. The supply of villa news decreased by 11%, while private houses and townhouses increased by 14% and 15% respectively.
Recognizing the general developments of the market, Mr. Dinh Minh Tuan - Southern Regional Director of PropertyGuru Vietnam - said that this is the first time the market has recorded the phenomenon of most types of real estate adjusting prices after a period of hot increase. However, the decrease mainly occurred in the secondary market, while many new primary projects opened for sale continue to set high price levels.
According to Mr. Tuan, the fact that many segments are adjusting prices together reflects the market rebalancing process rather than a sign of widespread decline. Cash flow is no longer chasing after price increase expectations like in the 2021-2022 period but is shifting to products with real housing needs, transparent legality and benefiting from planning and infrastructure.
