The apartment segment continued to be a bright spot in Hanoi’s real estate market in the third quarter of 2025, with over 10,300 new units launched, according to CBRE Hanoi.
This marks the second quarter in five years where new supply has surpassed the 10,000-unit threshold.
In the first nine months of the year, total new supply was estimated at 21,100 units, up 10% year-on-year.
The third quarter saw a surge in high-end projects, particularly those priced above VND120 million ($4,562) per sq.m, with more than 2,000 units launched, mainly in Tay Ho, Cau Giay, and Long Bien districts.
Thanks to these new developments in prime locations, market activity strengthened, with total transactions reaching over 11,100 units—the highest quarterly volume since 2018.
Both the primary and secondary markets recorded upward price trends. The average primary price exceeded VND90 million ($3,422) per sq.m, surpassing Ho Chi Minh City’s average and rising 14% from the previous quarter and 40% year-on-year.
In the secondary market, average prices climbed to VND58 million ($2,205) per sq.m, up 19% year-on-year.
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