According to Lao Dong reporters, from the end of 2024 until now, the private house segment in alleys in Nam Tu Liem district has attracted many investors despite continuous price increases.
Mr. Nguyen Van Hung (45 years old, living on Le Duc Tho Street, Nam Tu Liem District) informed that due to no need to use it, his family is selling a house in a 45m2 alley with a 5-storey building with a red book.
According to Mr. Hung, the house is located near the bus station and apartment buildings, so recently many people have made appointments to come and see it. The house has a 5-storey design, and is being offered for sale at a price of 9 billion VND, including all furniture and interior.
Also selling a house in an alley, Ms. Le Thi Hau (born in 1966, living on Phu My Street, Nam Tu Liem District) informed that the house she is selling is 60m2 wide, with 4 floors for 9.5 billion VND, not including all costs for red book procedures and transfer.
Lao Dong's research also shows that many houses in alleys in Nam Tu Liem district (Hanoi) have recently been continuously advertised for sale on social networks at prices of nearly 10 billion VND/house.
Even a house in Phu My alley (Nam Tu Liem district) with an area of only 34m2 is being offered for sale at 8.6 billion VND; a private house in an alley in Nguyen Hoang street (Nam Tu Liem district) with an area of 46m2, the asking price is 9.1 billion VND, an house in an alley in Trung Van ward (Nam Tu Liem district) with an area of 50m2, the asking price is 9.7 billion VND/house.
Although there is no data on the actual transaction volume of private houses in alleys in Nam Tu Liem district, recent research data from the Vietnam Association of Real Estate Brokers (Vars) shows that the prices of individual houses in Hanoi have been continuously increasing in recent times.
Vars analyzed that although the price increase here still has many unusual signs, it cannot be denied that a large number of people are interested in the alley house segment when the supply of new apartments is gradually scarce.
Mr. Pham Duc Toan - General Director of EZ Real Estate Investment and Development Joint Stock Company (EZ Property) - commented that in the past, real estate in alleys was often the segment that real buyers "weighed" with new apartments.
However, in recent times, the sudden increase in apartment prices in both the primary and secondary markets has prompted a group of customers to switch to buying real estate, they accept the inconveniences and limitations of the alley house segment such as parking space and construction quality.
To maximize the advantages of houses in alleys, according to the OneHousing Real Estate Ecosystem, people need to carefully research information about the area, legal status, red book, and status of the house in the alley before deciding to buy to avoid unwanted risks and inconveniences later.
