According to Lao Dong reporters, in the last months of the year, the private house segment in Hanoi, priced at around 5 billion VND/unit, is being sought after by many people because of its location, quiet surrounding space, and cheaper price compared to some segments such as street-front houses and inner-city apartments.
Mr. Nguyen Van Trung (35 years old, renting a room on Thuong Dinh street, Thanh Xuan district) shared that due to limited financial resources, in recent months, he has been looking for a private house segment in an alley for about 5 billion VND/unit.
"Many houses in alleys in central districts of Hanoi are selling for 5 billion VND/house, ranging from 80-150 million VND/m2, depending on the area. Last week, I was also taken by a real estate broker to see many private houses in alleys in Dong Da and Thanh Xuan districts" - Mr. Trung said.
Similarly, Mr. Tran Viet Hoang (a long-time real estate investor in Hanoi) said that the private house segment in Hanoi with a price range of 5-6 billion VND/unit is having good transactions in the market.
Towards the end of the year, when cash flow is more abundant, the number of people looking to buy private homes is increasing much higher than at other times of the year.
Statistics from the website Batdongsan.com.vn recently show that the current increase in private houses in Hanoi is about 15-25% compared to half a year ago.
For example, with private houses in Nam Tu Liem district with an area of 30-40m2, small alleys, cars cannot enter in the areas of Me Tri, My Dinh, Trung Van, Phu Do, the selling price has increased from 4.6-5.2 billion VND/unit to 5-5.8 billion VND/unit.
The price of houses with an area of 30-40m2, with cars parked in the door, also increased from 6.3-7 billion VND/house to 7-7.8 billion VND/house. The price of private houses in Ha Dong district with cars parked in the door, area of 30-38m2, also increased from 6.2-7 billion VND/house to 7-7.7 billion VND/house.
Private houses in La Khe, Phu Lam, Duong Noi, Kien Hung, Yen Nghia, Ha Cau areas with an area of 30-40m2, cars cannot enter, common prices from 3-4 billion VND/unit increased to 3.7-4.9 billion VND/unit.
Notably, real estate market data for the third quarter of 2024 from Batdongsan.com.vn also noted that private houses are a segment with remarkable price growth in recent years. Compared to the first quarter of 2021, the average private house price 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 almost 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%...
