Research by Lao Dong reporters shows that an apartment project located on Thanh Binh Street, Ha Dong District is under construction, attracting the attention of many people.
The project site is built on a land plot of about 16,256m2, including 2 mixed-use buildings over 30 floors high, providing the market with 594 apartments (expected selling price of 63-77 million VND/m2). For the low-rise area, the project has 4 blocks of shophouses (38 apartments).
The project is expected to be handed over in the fourth quarter of 2025. This is one of the information that has received the attention of many customers in the apartment segment.
Regarding the construction progress in the first months of 2025, according to Onehousing, the project is in the completion stage and is preparing to open for sale in the first phase.
Notably, the 2 buildings are continuing to construct the interior, especially the low-rise area with a roof.
For the Hanoi real estate market, a report by market research unit Onehousing also said that the supply of new apartments in 2025 will mostly be in the high-end segment (VND 50-80 million/m2) and luxury (VND 80-230 million/m2). Of which, luxury apartments account for 36%.
It is expected that the average selling price of primary apartments can reach 72 million VND/m2 (excluding VAT and maintenance fees).
Ms. Nguyen Hoai An - Senior Director of CBRE Hanoi branch - commented that in 2025, the supply of new apartments in Hanoi is expected to continue to be abundant, estimated at more than 31,000 apartments for sale, higher than in 2024.
Apartment supply tends to improve, but experts say that the high-end and luxury segments will dominate the market. Meanwhile, the affordable segment continues to be scarce, causing many challenges for consumers with real housing needs.
Mr. Nguyen Van Dinh - Chairman of the Vietnam Real Estate Brokers Association (Vars) - commented that many investors have changed their plans and launched products since the fourth quarter of 2024, instead of waiting until 2025 as originally planned.
According to Mr. Nguyen Van Dinh, the whole country recorded about 56,000 products for sale in the primary market in 2024.
In particular, the vibrant return of the market has helped many projects free up inventories before, leading to impressive statistics that in 2024, the market recorded about 81,000 products for sale, an increase of more than 40% compared to 2023. This shows that the demand for real estate has increased, especially housing (both for living and investment).
