The majority of new supply concentrated in the west of Hanoi, and came from Lumi Hanoi and Imperia Sola Park projects.
During the January-June period, the supply of residential real estate in the capital, especially the apartment segment, had many bright spots. In total, over 10,840 apartments were offered to the market, the highest supply recorded since 2020.
Hanoi is projected to offer over 20,000 new apartment units by 2026. The increase of supply is expected to prevent the prices of apartments from "skyrocketing", and help buyers have more choices.
Regarding selling prices of apartments, CBRE Vietnam revealed that, the prices of apartments in Hanoi is approaching that of Ho Chi Minhy, in both primary and secondary markets.
In the primary market, the average selling price of apartments in the capital reached approximately 60 million VND per square meter in the second quarter, up 6.5% over the previous quarter, and nearly 25% year-on-year./.
