Property transactions in Hanoi rise 13.8 percent hinh anh 1Up to 1,650 property transactions were successful in Hanoi in January (Source: VNA)

Hanoi (VNA) – Up to 1,650 property transactions were successful in Hanoi in January, up by 13.8 percent from December 2017, reported the Ministry of Construction’s Housing and Property Market Management Department.

Almost all transactions were for the high- and mid-end segments and are located in convenient places, the department said.

Some projects had many sales in January, including Season Avenue, Ha Dong; An Binh City-Bac Tu Liem; Sunshine Riverside Tay Ho and Romance Plaza, Ha Dong.

Meanwhile, there were 1,900 successful transactions in the southern metropolis Ho Chi Minh City, up by 8.6 percent compared with the figure recorded in December 2017.

Customers paid attention to apartments having one or two bedrooms and price at about 1 billion VND (44,000 USD) per unit, but the supply was low.

Average offered price of an apartment in January rose 0.14 percent against the December price, of which, the price surged 0.17 percent for high-end apartments, 0.05 percent for mid-end apartments and 0.56 percent for affordable apartments.

Price of house on land had an increase of 0.24 per cent compared with December.-VNA