According to data from many real estate market research units, the supply of housing in Hanoi is no longer as scarce as in early 2024, but housing prices have not shown signs of "cooling down". In 2025, with a series of projects opening for sale, the Hanoi real estate market is expected to become vibrant again.
Some projects that will be opened for sale in 2025 include The Nelson Private Residences at 29 Lang Ha (Thanh Cong Ward, Ba Dinh District). The project has a scale of 27 floors + 3 basements, with 175 apartments. The expected selling price of the apartment is 140-150 million VND/m2.
Or The Matrix Premium project located at the Me Tri - Le Quang Dao intersection (Me Tri ward, Nam Tu Liem district) has a scale of 2 towers 37 and 44 floors high, will provide 990 apartments to the market.
According to the Vietnam Association of Realtors (VARS), from the last months of 2024, the real estate market has shown signs of strong recovery when the new legal corridor officially comes into effect, investors continue to promote project implementation, promoting people's home buying psychology before and after Tet.
Dr. Nguyen Van Dinh - Member of the Vietnam Real Estate Association - forecasts that the supply of residential real estate in 2025 will grow by about 10% compared to 2024. At the same time, this supply will be contributed more evenly by regions when many projects have been cleared of obstacles and re-implemented.
However, the real estate supply mostly comes from large urban areas in the provinces and cities in the Northern region of large investors. The real estate supply in Hanoi and satellite cities is estimated at 37,000 products, Ho Chi Minh City and its suburbs is estimated at 18,000 products.
The apartment segment, mainly priced from 50 million VND/m2 and above, continues to "lead" the market, along with an increase in luxury supply.
“Supply is growing but scarce compared to demand and mainly comes from large urban projects of large investors, so the price of newly launched housing projects continues to be high. Meanwhile, the secondary price level is growing more slowly” - Dr. Nguyen Van Dinh shared.
Meanwhile, discussing the market outlook for 2025, Associate Professor, Dr. Tran Kim Chung - former Deputy Director of the Central Institute for Economic Management - said that with a stable macro economy, the real estate market will basically also be stable.
Typically, according to the 10-year cycle of the real estate market, 2025 is the year the real estate market benefits from macroeconomic policies.
Many real estate experts affirm that, with the advantage of a series of projects being implemented and opened for sale, apartments continue to be the leading type of real estate market in Hanoi.
