OneHousing forecasts that primary apartment supply in Hanoi may exceed 8,000 units in the second quarter, doubling the number from the first three months of the year.

The real estate service provider, backed by Masterise Homes and Techcombank, stated that in Q2/2025, Hanoi is witnessing a strong comeback of real estate projects across all four directions, rather than being concentrated in the East and West as seen during the 2023–2024 period. The new apartment segments are also more diverse, ranging from social housing to luxury units.

“This balanced distribution not only contributes to a more even supply, but also expands housing access to various customer groups with different needs and financial capacities,” OneHousing noted.

The company estimates that in Q2, new apartment supply in Hanoi will surpass 8,000 units. This figure is twice the number recorded in Q1 and approaches the peak level of Q3/2024 — the period marked by a sharp rebound in supply after a prolonged slowdown.

OneHousing predicts that the Eastern area of Hanoi and Văn Giang (Hưng Yên Province) will lead the apartment market, potentially accounting for 40–50% of the new supply. This region benefits from competitive pricing, improving infrastructure, and the suburbanization trend away from central districts.

Despite the supply recovery, the average price of new condominiums in Hanoi remains high. According to Savills' data as of the end of Q1, the average primary apartment selling price in Hanoi reached VND 79 million per square meter, up VND 4 million compared to the end of 2024.

Recently, prices hovering around VND 100 million per square meter have become increasingly common in Hanoi. In Đông Anh District, a luxury condominium project within a mega-urban area is being marketed at VND 90–100 million per m². A three-bedroom unit in this project costs around VND 7.5 billion for a 75 m² area.

Notably, a project at the intersection of Lê Quang Đạo and Mễ Trì in Nam Từ Liêm District, Hanoi, launched nearly 1,000 apartments this month, with prices ranging from VND 120 to 150 million per m².

For the full year 2025, Savills forecasts that Hanoi’s market will see an additional 25,200 new apartments. Grade B units will continue to dominate, accounting for 88% of future supply. From 2026 onward, the capital is expected to receive around 70,000 apartments from 91 upcoming projects. Đông Anh, Hoài Đức, and Hoàng Mai districts are projected to contribute 52% of this market share.