The real estate market in Vietnam, especially the apartment segment, is witnessing a strong price increase recently. This makes many people, despite having 3-4 billion dong in hand, still has difficulty finding a suitable residence.
As noted by PV Labor, the segment of affordable apartments is completely absent in the market, the intermediate apartment is also increasingly scarce.
In early 2024, the market started with an average price of about 65 million VND/m2. However, after only two quarters, the price exceeded 68 million VND/m2 and continued to escalate in the last months of the year.
New projects offered for sale in the year all focused on high -end segments in areas such as Nam Tu Liem, Hoai Duc, Gia Lam and Dong Anh at a price that frequently exceeded 70 million VND/m2.
Ms. Nguyen Hong Khanh (33 years old, Nam Tu Liem district, Hanoi) shared, after many years of accumulation, she and her husband planned to buy an apartment with a budget of 3 billion dong. However, when studying the market, she realized that the price of the apartment has soared, far beyond the family's ability to pay, so I have to postpone the plan to buy a house due to the escalating price.
In the context of increasing apartment prices, owning a house with a budget of 3-4 billion dong is becoming difficult when the price of apartments is constantly increasing.
This not only makes it difficult for people with average and low income in owning a home, but also reduces the sustainability of the market.
At the seminar to find opportunities in the real estate challenge in 2025 organized by Dan Viet Electronic Newspaper, Mr. Le Van Binh - Deputy Director of Land Department (Ministry of Natural Resources and Environment) - said, currently, Thi The real estate school is gradually stabilizing.
According to Mr. Binh, in 2023 - 2024, due to the lack of supply, the house price increased, increasing very high even high.
“If the current price is now, it is difficult for workers to find houses. Now the employee is looking for a house price of 50 million VND/m2 is very difficult, very rare, ”said Mr. Binh and offered evidenced by the old apartment building, the old collective, the price was also 1.5-2 times higher Compared to before.
However, this person said that when setting up a new price bracket, the supply increased, the market began to slow down.
“In the near future, real estate products are launched, along with the policy issued, the real estate market as well as the price will be more stable. At this time, the employee can approach to buy a house, ”Mr. Binh said.
Also according to Mr. Le Van Binh a number of more reasons why the house price in recent times has always been in a state of "heaven", which is the central land fund that is very narrow, not a variety of products and especially has not been resolved. Traffic problem.
“No people want to spend 2-3 hours/day to move from suburb to inner city to study and work. We must quickly develop more inner -city land funds or re -planning traffic to avoid congestion. This will directly pull the house price down ” - Mr. Binh shared.
Also according to Mr. Binh, it is necessary to develop more satellite urban around Hanoi to stretch the number of people from the center to suburban areas, making housing products in the center no longer scarce.
