According to Lao Dong reporters, many private houses in alleys in central districts of Hanoi have recently been advertised for sale at expensive prices. There are even houses in narrow alleys that are being advertised for sale at prices exceeding 150 million VND/m2, depending on the area.
For example, a private house in the alley on Xuan Thuy street (Cau Giay district) is 56 m2 wide is being sold for 10.5 billion VND, equivalent to about 187 million VND/m2; The individual house in Yen Hoa street (Cau Giay district) has an area of 31 m2, which is being posted by the owner for sale for VND 8.35 billion, equivalent to VND 269 million/m2.
Although located far from the central district, a 50 m2 house in an alley in Van Phuc ward (Ha Dong district) is also being offered for sale by the owner for more than 11.8 billion VND, equivalent to 236 million VND/m2.
Mr. Nguyen Van Xuan (56 years old, living in Ba Dinh District, Hanoi) said that he was surprised when many houses in the narrow alley on Dao Tan Street were being sold by the landlord for sale Price over 190 million/m2.
Mr. Xuan added that last week, a house owner in an alley on Dao Tan Street was selling his own 4-storey house, 15 square meters wide for 2.7 billion VND, equivalent to 180 million VND/m2, which surprised everyone.
However, the investigation of Lao Dong reporters shows that although the selling price has continuously increased, many homeowners selling prices at nearly 200 million VND/m2, currently there is still no detailed statistical data on the actual number of transactions in the alley house segment in central districts of Hanoi.
Experts from the OneHousing real estate ecosystem commented that one of the biggest benefits of houses in alleys is that the selling price is lower than the segment of houses on the street or in large alleys.
However, to maximize the advantages of houses in alleys, according to OneHousing, it is important to carefully research information about the area and the situation of houses in the alley before deciding to buy to avoid unwanted inconveniences.
Mr. Nguyen The Diep - Vice Chairman of Hanoi Real Estate Club - mentioned, the house price in the alley in Hanoi in recent months is being sold at a very high price.
Experts say that, in addition to strengths such as being located in the center of Hanoi, people who want to buy houses in alleys need to consider a number of criteria such as the width of the alley, the ability to access fire prevention and fighting, the quality of houses, construction works, legal procedures such as red books, construction permits to anticipate risks, to have a plan to choose suitable for their needs and finances.
