With the ever-increasing price range in Hanoi’s real estate market, many investors have been compelled to seek alternative investment channels with moderate prices, guaranteed stable profits, and low risk. The low-rise real estate segments along the 3rd, 5th, and 4th ring roads have continuously set new price benchmarks.
According to a statement by the Ministry of Construction in January 2025, in Hanoi, the asking prices of individual houses within projects increased by about 30-40% compared to 2023; in some areas and projects, the increase could be as high as 60-70%.
Some projects have asking prices of up to over 300 million VND per square meter. These projects are mainly located in the western area within the 3-3.5 ring road, Dong Anh, and Long Bien districts.
In 2024, the apartment market in the western part of Hanoi saw projects within the 3 to 3.5 ring road with average selling prices ranging from 65 to 75 million VND per square meter. Notably, some luxury projects even exceeded 100 million VND per square meter. Apartment prices have increased by about 40-50% compared to 2023.
It can be seen that to own a low-rise real estate of about 150 square meters in the above areas, customers have to spend from 22.5 billion to 45 billion VND. Or, for a 100-square-meter apartment, the cost ranges from 6.5 billion to over 10 billion VND.
Capital Flows into New Markets: Investors Seek Moderately Priced Real Estate
The high prices in the inner city have made many investors feel that these areas are out of reach, leading them to prioritize investing in suburban and satellite urban areas with potential for price increases. Important factors considered by investors include transportation infrastructure, urbanization rate, and local population’s actual demand.
The event “Shining Christmas Harbour” at the Harbour Center Hai Phong project on 12/22/2024 (Photo: Grand M)
According to Mr. Pham Ton Quyen, Deputy General Director of Grand M Real Estate Consulting and Development Company: “Investors need to thoroughly evaluate the transportation infrastructure and urbanization rate of the area. Areas near Hanoi are now attractive destinations thanks to their strong growth potential and reasonable prices.”
In addition to Hanoi, Hai Phong, Bac Ninh, Hung Yen, and Quang Ninh are also emerging as attractive investment destinations thanks to their infrastructure advantages and the development of the industrial sector. Moreover, coastal urban projects and eco-cities are creating new investment trends, promising significant added value.
Hunting for Big Wins: Capital Flows into New Real Estate Markets with Moderate Price Segments
Many investors have redirected their investments to new markets and achieved profits beyond their expectations. For instance, projects in Quang Ninh and Hai Phong, since 2022, have recorded average returns of 20-30% per annum, helping many investors mitigate risks compared to the booming Hanoi market.
The event “Shining Christmas Harbour” at the Harbour Center Hai Phong project on 12/22/2024 (Photo: Grand M)
Ms. Nguyen Huong Giang, a veteran investor, shared: “Redirecting my capital to suburban areas like Hai Phong has helped me not only preserve my capital but also achieve stable profits. The key is to choose projects that match your budget and the area’s development potential.”
Given the volatile market conditions, experts advise investors to consider fundamental criteria when choosing investment projects, including prime locations, convenient transportation infrastructure, rapid urbanization, and local population’s actual demand.
A representative of the Vietnam Real Estate Brokers Association opined: “Housing projects launched in 2025 will still attract interest and transactions, but the absorption rate is likely to slow down. However, the demand for housing, especially investment demand, will continue to shift to suburban areas and provinces with lower prices and more room for future growth.”
The Rise of Low-Rise Real Estate in West Hanoi
With unparalleled advantages in infrastructure, utilities, and development potential, low-rise real estate in the west of Hanoi is the hottest segment in the capital’s market.
“Not as Vibrant as the 2018-2019 Phase, But the Real Estate Market is Now Experiencing a Strong Price Uptick.”
“It was an honor to have Dr. Nguyen Van Dinh, Vice President of the Vietnam Real Estate Association, grace us with his presence and insights at the event, ‘Discover the Most Livable Project in Viet Tri City,’ held on November 30, 2024. His expertise and knowledge contributed immensely to the success of the event and enlightened all attendees on the latest trends and developments in the real estate landscape of Viet Tri City and beyond.”
The Luxury Apartment in the Heart of the Capital: A Haven for the Affluent
In the heart of Hanoi’s rapidly developing city center, where land is becoming an increasingly rare commodity, ultra-luxury apartments are now an elusive dream. The scarcity of land in this prime location has created a unique opportunity for the discerning wealthy to invest in existing, legally transparent projects that offer an exclusive and private living environment. These sought-after residences, with their invaluable locations, are now the focus of attention for the city’s elite, who recognize the unique opportunity to secure their piece of this coveted real estate.
Unlocking the Housing Supply Chain Knot: Empowering Buyers to Find Their Dream Affordable Homes
Piloting a scheme that grants investors the right to use agricultural and non-agricultural land for commercial residential purposes for a period of five years is deemed a sound mechanism. However, negotiating with landowners could prove challenging, hence the need for support from governing bodies.
The Privileged Choose to Live the “Resort Life” at Eurowindow Twin Parks
Amidst the concrete jungle of urban life, the elite are seeking a sanctuary that offers a true resort-style experience – and they’re finding it at Eurowindow Twin Parks. With its attractive year-end incentives, now is the golden opportunity for investors to secure their own slice of this exclusive, upscale living environment.
