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Hàng Mã Townhouse Prices Surpass $1 Billion/m², 20m² Units Rent for $45 Million/Month
In the bustling heart of Hanoi's Old Quarter, Hang Ma Street stands as a testament to the city's thriving commerce. Property values and rental rates continue to soar, with multi-story buildings reaching up to $50,000 per square meter. Even compact kiosks, spanning mere dozens of square feet, remain in high demand, fully occupied by eager businesses.
Finance Ministry: Taxation Not the Optimal Tool to Curb Real Estate Speculation
According to the Ministry of Finance, the taxation of income from real estate transfers requires comprehensive research to ensure alignment with the ongoing refinement of policies related to land, construction, housing, and other associated sectors.
Navigating the Dual Burden: Implications of New Land Pricing Policies Taking Effect
The newly released land price list for 2026 has sparked concerns over soaring costs, potentially impacting residents, businesses, and Hanoi's real estate market.
