Mr. Nguyen Van Hoang (37 years old, working on Dinh Cong street, Hoang Mai district) said that although he wants to buy his own house, he has not yet found a house that fits his current financial situation.
According to Mr. Hoang, he was also quite surprised when the 35m2, 3-storey house, which was listed for sale at 3.1 billion VND at the beginning of 2024, has now increased by 300-400 million VND. Mr. Hoang admitted that finding a house in the central area for 3 billion VND at this time is not easy.
Similarly, Ms. Trinh Thi Le (currently renting a room in Cau Giay district, Hanoi) said that due to the high price of apartments, her family is also looking into the house segment in the alley with a financial level of about 3 billion VND.
Ms. Le shared that last month, a broker took her to see several houses in the alley for sale at prices ranging from 4-5 billion VND/house located in a narrow alley, but the structure of the building was degraded and needed a lot of repair and renovation.
Mr. Nguyen Van Minh (real estate broker in Hanoi) analyzed that the high demand for housing in big cities such as Hanoi and Ho Chi Minh City has caused the segment of street-front houses, apartments, especially houses in alleys to continuously receive attention recently.
Mr. Minh added that in terms of price, the segment of houses in alleys in Hanoi will depend on many criteria and factors such as surrounding location, alley width, amenities, and security. The more convenient the location, the higher the price, even in alleys, the price of houses here is equal to that of luxury apartments.
In fact, real estate market data from Batdongsan.com.vn shows that, since the months of the third quarter of 2024, private houses have been a segment with remarkable price growth in recent years. Compared to the first quarter of 2021, the average price of private houses in the Northern region has increased from an average of VND 95 million/m2 to VND 173 million/m2.
In Hanoi, according to data from Batdongsan.com.vn, private houses and townhouses are on the rise in terms of transaction volume and interest in all price ranges. In particular, interest has increased sharply in all districts in Hanoi.
Compared to the beginning of 2023, up to now, the level of interest in private houses in Nam Tu Liem district has increased by 43%, private houses in Hoang Mai have increased by 28%, Dong Da has increased by 21%, Ha Dong has increased by 26%, Thanh Xuan has increased by 12%.
