Talking to Lao Dong reporter, Ms. Tran Thi Men (45 years old, living in Thanh Xuan district) shared that after selling the 10 billion VND apartment, her family is looking to buy a house in the alley to suit their business.
Ms. Men said that she was just taken by a real estate broker to see a house in an alley in Tran Hung Dao ward (Hoan Kiem district) with an area of 85 square meters, 7 floors with a selling price of about 30 billion VND, nearly 360 million VND/square meter.
"Although located in the central district of Hanoi, this house is currently in disrepair. The walls are leaking. If we decide to buy it, after moving in, my family may have to hire workers to demolish and rebuild or spend billions of dong to repair and replace old furniture," said Ms. Men.
Similarly, Mr. Nguyen Trung (living in Dong Da district, Hanoi) informed that recently, some houses in the alley are being sold at a price of nearly half a billion VND/m2, making many people like him feel dizzy.
Mr. Trung added that a few weeks ago, a house in an alley in Van Mieu ward was put up for sale by the owner for 26.2 billion VND, 68 square meters wide, equivalent to more than 385 million VND/square meter, making many people surprised at the high price of houses in alleys on the street.
However, according to Lao Dong reporters' research, although the selling price is continuously increasing, there is still no specific and separate data on the actual transaction volume of houses in alleys in Hoan Kiem and Dong Da districts (Hanoi).
A recent report by the OneHousing Center for Market Research and Customer Insights said that out of the 63% of people who want to buy real estate in 2024, most of them are interested in the land and residential housing segment.
OneHousing analyzed that residential real estate and houses in alleys are traded more because of their high stability, many advantages such as sustainable price increase, located in the center of the capital, convenient for living.
Mr. Nguyen Van Dinh - Chairman of the Vietnam Association of Real Estate Brokers (Vars) - informed that to buy the real value of a house in an alley, buyers need to consult prices at reputable brokerage firms. Currently, house prices in Hanoi have reached their peak, if investors want to buy at this time, they need to consider and research carefully.
Speaking with Lao Dong, Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - commented that when apartment prices increase and the supply of new projects in the inner city is scarce, many people will look for houses in alleys.
Mr. Nguyen The Diep said that the alley house segment is expected to continue to increase in price in 2024. However, investors and buyers of alley houses in Hanoi need to carefully consider surrounding amenities, parking space, construction quality, and alley width before finalizing a purchase to suit their living needs.
