Apartment prices continue upward trend in Hanoi and HCM City
The price surge attributed to limited land availability, rising construction and input costs, and high investor expectations.
Apartment prices in Hanoi soar
Data from Batdongsan.com.vn shows demand for apartments in Hanoi and Ho Chi Minh City both increased in the first eight months of 2022 compared to the same period last year. In Hanoi, mid-end apartments for VND30-50 million ($1268-$2113) per sq m saw the highest increase in selling price, of 15.5 per cent. This segment attracts the most interest, which rose 10 per cent, with the number of listings increasing 11 per cent.