Hanoi's real estate market is entering a new stage of development with a noticeable shifting trend.
According to data from Savills Vietnam, in the first 6 months of 2026, the Hanoi apartment market continued to record notable changes in supply, price levels and buyer movement trends. In the context of high housing prices in the central area, planning and infrastructure are increasingly playing an important role in shaping the market as well as deciding real estate value in the long term.
According to Ms. Do Thi Thu Hang, Senior Director of Research and Consulting Department, Savills Hanoi, the supply of Grade A apartments continues to increase as many new projects are opened for sale, pulling primary prices up compared to the previous quarter and the same period last year. Notably, the market has not yet recorded supply in the affordable housing segment.
In the opposite direction, the secondary market showed a slight price adjustment trend, reflecting a more cautious psychology of buyers and trading demand showing signs of slowing down compared to the previous period.
For the low-rise housing segment, market developments have differentiation between villas, townhouses and shophouses, reflecting differences in demand as well as the attractiveness of each type. However, the general price level remains high and no significant adjustments have been recorded.
According to Ms. Hang, high house prices in the central area are causing buyers to expand their search scope to areas outside the center, where prices are more accessible. This trend is driven by the process of infrastructure development and urban space expansion of Hanoi.
In the coming time, market developments are expected to continue to be closely linked to the process of planning implementation and infrastructure development. However, the market is still waiting for more detailed and clearer zoning planning information to strengthen buyer confidence as well as orient investment decisions.
Ms. Hang believes that under the impact of planning, Hanoi's real estate market is expected to develop more sustainably, contributing to maintaining and increasing real estate value in the long term. From 2027, supply is expected to shift strongly along key traffic axes with more diverse product lines. In particular, the affordable housing segment is expected to increase, contributing to meeting real housing needs and improving market balance.
Agreeing with this view, Mr. Dinh Minh Tuan, Southern Regional Director of Batdongsan. com. vn, said that the market is recording major changes.
First of all, planning and infrastructure are becoming important pulling forces, redistributing supply and demand. In Hanoi and Ho Chi Minh City, long-term planning orientations and key infrastructure projects such as metro, ring roads and inter-regional expressways are gradually changing the real estate development map. New supply is no longer mainly concentrated in the core central area but shifting to near-central areas, satellite areas and new development axes.
He said that from around 2019, new supply in Ho Chi Minh City began to shift out of the central area. A similar trend is also taking place in Hanoi as supply expands along ring roads, megacities and new connecting axes.
Developments in the two major markets show that geographical distances are gradually being replaced by travel time and connectivity quality. An area far from the traditional center can still attract demand if infrastructure is convenient, utilities are synchronous, and a community of residents has or is being formed," Mr. Tuan assessed.
Besides the shift in supply, according to Mr. Tuan, the market is also entering a period of stronger transparency through transaction standardization, building market databases, land data, brokerage certificates and broker identification. Although not creating immediate impact on liquidity in the short term, these changes are expected to contribute to reducing information asymmetry, limiting rumors and improving transaction quality in the long term.
