Hanoi apartment prices jump on real estate market downturn

Apartment prices in Hanoi, in some instances, have doubled on the back of a slowdown in the construction and real estate sector, Doanh Nhan Vietnam is reporting

Key points:

  • At the end of Q3 2023, 42 commercial housing projects had been finished accounting for about 15,966 properties;
  • This was barely more than half (54 percent) of the same period in 2022; and 
  • Partly as a result of this lower supply, apartment prices in Hanoi have increased by 6 to 9 percent compared to Q1 2023.

Your support keeps this site independent and objective.
If you find value in this work, please consider making a contribution.

Need more convincing?

Our content is free because we believe a rising tide lifts all boats.

By making accurate, independent information accessible to everyone, we help create a more informed, resilient, and empowered business community.

When businesses, investors, policymakers, and everyday readers all have access to clear, unbiased analysis, it leads to better decisions, fairer opportunities, and stronger economic outcomes for all.

That said, while our content is free to read, it costs money to create.

Behind every article is careful research, fact-checking, and expert analysis — all of which require time, skill, and resources.

If you can spare a couple of dollars, your support helps ensure that reliable, unbiased information remains accessible to all.

Create your listing