According to records, the Nguyen Tuan road expansion project (Thanh Xuan ward, Hanoi) has basically completed the main items to date, contributing to significantly improving people's travel.
Along with that, the urban appearance of the area has also changed a lot. From a street that was often congested due to high population density and concentration of many apartments, Nguyen Tuan street has now become more open.
Surveys on real estate buying and selling channels show that private house prices in this area are maintained at a high level.
For example, a villa on Nguyen Tuan street with an area of 108 m2, 8 floors high, 20 m frontage is being offered for sale at 82 billion VND, equivalent to about 759.3 million VND/m2. According to sales data, house prices in this area have increased by about 16.8% in the past year.
Similarly, a house on Nguyen Tuan street with an area of 99 m2, 5 floors high, 7.5 m frontage is being offered for sale at 54.5 billion VND, equivalent to about 550.5 million VND/m2. Another house in the Nguyen Tuan - Nguy Nhu Kon Tum area with an area of 98 m2, 5 floors high, 7.5 m frontage is being offered for sale at 55 billion VND, equivalent to about 561.2 million VND/m2.
Not only private houses, apartment prices in this area are also high, fluctuating around 80-180 million VND/m2. For example, an apartment with an area of 71.22 m2, including 2 bedrooms at H1 Apartment Building, 90 Nguyen Tuan Residential Area is being offered for sale at 7.3 billion VND, equivalent to about 102.5 million VND/m2. Meanwhile, an apartment with an area of 73 m2 at The Legend project (109 Nguyen Tuan) is being offered for sale at 8.7 billion VND, equivalent to about 119.2 million VND/m2.
Mr. Tran Duc Minh - real estate broker in Hanoi - said that transport infrastructure is always one of the factors that strongly impacts real estate value.
After Nguyen Tuan street was expanded, many homeowners have raised asking prices based on expectations about business capacity and increased asset value in the future. Therefore, the average house and land price in this area is currently significantly higher than the same period last year.
However, according to Mr. Minh, the expected price of sellers is quite different from the acceptance of buyers. Although many real estate properties are offered for sale in high price ranges, the actual transaction volume is still not commensurate.
Many customers are currently just stopping at the level of finding out and referring to prices. Most buyers consider the efficiency of exploitation and the ability to create cash flow for real estate, instead of just expecting to increase prices thanks to infrastructure" - Mr. Minh said.
According to data from Batdongsan. com. vn, in May 2026, in Hanoi, the demand for private houses for sale and rent both decreased. Although still at a high level after a period of growth, the average asking price for private houses in Hanoi has begun a slight downward trend of about 1% in recent months. Some central areas such as Dong Da, Ha Dong, Ba Dinh adjusted down by 3%.
The price gap for private houses offered for sale between the two major cities continues to widen: The common price in Hanoi in May 2026 is about 253 million VND/m2, while in Ho Chi Minh City it is 119 million VND/m2. For townhouses, the amount of interest decreased by 8-10% compared to the previous month in both major cities.
In general, the real estate market is entering a stage of restructuring and differentiation. Meanwhile, the accelerated disbursement of infrastructure and the gradual implementation of new legal policies will be a long-term driving force for the real estate market.
