Affordable, Fully-Facilitated Apartments: A Rare Opportunity in West Hanoi

The Wisteria offers a rare opportunity for those seeking affordable housing with a range of amenities, a green living environment, and convenient transportation options.

Condo prices remain high as supply remains limited

In 2025, Hanoi’s condo market continues to maintain high prices, showing more stability compared to 2024, but still posing a significant challenge for homebuyers, especially those with limited budgets. According to real estate market reports, the average selling price of primary apartments in Hanoi has reached nearly 80 million VND per square meter, a significant increase from previous years, and is expected to remain at this high level. Notably, affordable apartments have almost disappeared from the market, while mid-range and luxury apartments continue to dominate. The primary reason for the high prices is the concentration of new supply in large-scale urban projects. According to Savills, the new apartment supply in Hanoi in the first few months reached 7,940 units. Primary supply reached 11,168 units, a decrease of 33% quarterly and 14% annually. The number of sold units reached 7,914, a decrease of 41% quarterly but an increase of 49% annually. Class B accounted for 99% of the sold units. The absorption rate of new supply was 84%.

Looking ahead, experts predict that the likelihood of a decrease in primary apartment prices is low. In the remaining quarters of 2025, the expected new apartment supply is 7,400 units, with Class B continuing to lead, accounting for 67%. Notably, in the second quarter of 2025, there will be new projects with attractive locations, reputable developers, and high-quality construction, but the prices are expected to be around 100 million VND per square meter.

As condo prices soar, finding an apartment in Hanoi for around 70-80 million VND per square meter is becoming increasingly challenging. Apartments in the sub-100 million VND per square meter range are almost non-existent in the new market. Many buyers are considering other options such as private homes, townhouses, or land plots instead of apartments in this price range.

However, the market still offers a few rare projects that meet this demand, notably The Wisteria apartment building in the Hinode Royal Park urban area (Kim Chung – Di Trach, Hoai Duc, Hanoi). This high-rise building is a rare find in today’s market, offering apartments starting at 65 million VND per square meter, attracting significant interest from buyers.

An opportunity for savvy buyers

The Wisteria is currently selling approximately 50 apartments with diverse areas ranging from 50 square meters to 143 square meters, including 2-bedroom, 3-bedroom, 4-bedroom, Dual-key, and Duplex units. The project is located in a prime location on National Highway 32, adjacent to key roads such as Ring Road 3.5, providing convenient connections to Hanoi’s central areas such as the University of Industry, My Dinh, Cau Giay, and Hoan Kiem Lake…

A notable feature of The Wisteria is its comprehensive range of amenities. The apartment building’s compound is designed to offer a convenient and luxurious living experience for its residents. The project features an infinity pool on the rooftop, a gym, yoga studio, spa, multi-sports court, children’s playground, library, community room, central square, and commercial services such as a shopping mall, high-end restaurants, and vibrant cafes. These diverse amenities not only fulfill the entertainment, shopping, and health needs of the residents but also contribute to a dynamic and convenient living environment, enhancing the quality of life and fostering a sense of community.

With its diverse area options and flexible functionality, The Wisteria appeals to a wide range of customers looking for a comfortable home or a sound investment opportunity.