According to a report by Batdongsan.com.vn, the level of interest in Hanoi’s apartment market increased by 13% after Tet, with a 20% rise in listings. By March 2025, the average asking price in the primary market reached VND 63 million/m2, a significant increase from the VND 39 million/m2 at the beginning of 2023.
In the second quarter of 2025, a series of projects that are being and about to be sold also recorded high prices ranging from VND 100-200 million/m2. Notably, some projects, despite not being officially launched, have witnessed high booking rates.
In the western area, the most vibrant project is the Hausman Premium Residences located in Dai Mo ward, along the extended Le Quang Dao street. The project comprises 3 apartment buildings of 12 floors each, offering 410 apartments and 50 high-end amenities. Despite being only 12 stories tall, each apartment in this building is guaranteed 1-2 car parking spaces in the 3 basement levels. According to the developer, this new apartment project has completed all legal procedures and officially entered the market in April 2025. Currently, the prices of the most beautiful apartments in the project have reached VND 120 million/m2.
In addition to this project, some other real estate supplies in the west include The Charm An Hung on Nguyen Thanh Binh street, Ha Dong district. The selling price of apartments here is at VND 80 million/m2. Nearby, another Hanoi apartment project, Kepler Land, developed by TSQ, with 1,280 apartments, is also priced at around VND 90 million/m2.
In the central area, The Ninety Complex at 90 Lang street, Dong Da district, offers 480 apartments with areas ranging from 31 to 92 square meters. The selling price fluctuates around VND 90 million/m2 for apartments with 50-year ownership. Next door, The Nelson Private Residences, located at alley 29 Lang Ha, Ba Dinh district, is priced from VND 150-180 million/m2 for 175 apartments.
Further north, The Cosmopolitan, part of the Vinhomes Global Gate mega-city (Dong Anh), developed by MIK Group, is also priced at VND 100 million/m2. Also within the Vinhomes Global Gate urban area, the Masteri Grand Avenue project, developed by Masterise Homes, is priced between VND 110-120 million/m2.
In the Diplomatic Corps area, the Noble Crystal project in the Nam Thang Long urban area, developed by Sunshine Group, comprises 5 apartment buildings with a total of 955 apartments, with prices reaching VND 200 million/m2. Another apartment project in Phu Thuong ward that is currently open for sale is Endless Skyline West Lake, developed by Nam Hung Joint Stock Company, with selling prices of about VND 180 million/m2.
In the eastern area, The Paris – Vinhomes Ocean Park 1, including 5 towers, is priced at VND 70-80 million/m2. Located within the Vinhomes Ocean Park urban area in Gia Lam, The Senique Hanoi, a project introduced by CapitaLand Development in late 2024, is also priced at nearly VND 100 million/m2.
Commenting on the outlook for primary apartment prices in the second quarter of 2025, Ms. Do Thu Hang, Senior Director of Advisory and Research at Savills Hanoi, said that prices would increase steadily, and it is unlikely to see a sharp increase as in previous periods.
In the remaining quarters of 2025, Ms. Hang said that the new apartment supply is expected to include 7,400 units. Notably, in the second quarter of 2025, there will be new projects/next phases of existing projects with beautiful locations, reputable investors, and high construction quality, with prices possibly starting from VND 100 million/m2.
Sharing the same view, Ms. Nguyen Hoai An, Senior Director of CBRE Vietnam’s Hanoi branch, said that Hanoi apartment prices would continue to rise in the coming time. The reason is that a large proportion of the current apartment supply is concentrated in the luxury segment. The market is lacking in mid-range apartments, and affordable apartments are almost non-existent.
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