Hanoi’s apartment market continues to demonstrate resilience in 2025, supported by improved infrastructure, planning reforms, and strong demand, according to the latest report on the real estate market of the capital city in the third quarter of this year, which was released recently by Savills Vietnam.
New supply in the third quarter reached 6,300 units and the number of sales amounted to 7,300 units.
The new supply was over 80% absorbed. Fresh supply has consistently outperformed the overall market in terms of absorption. This reflects buyers’ preference for newly launched projects, which often offer modern designs, better facilities, and more flexible payment terms.
Primary asking prices remained upward trend. In the first nine months of 2025, units priced above VND4 billion ($152,000) accounted for the majority of sales, with no units priced below VND2 billion.
As Hanoi struggles with a limited affordable apartment supply, the rise of secondary cities may offer a much -needed solution by expanding housing options. At the same time, Hanoi authorities are accelerating the development of social housing and worker housing projects to address affordability constraints and support broader housing accessibility.
For the remainder of 2025, there will be a new supply of 8,900 units dominated by Grade B , while a more diverse pipeline is anticipated from 2026 onwards.
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