At the beginning of 2025, major projects from the real estate giant Vinhomes continue to launch successive sales events with Vinhomes Global Gate, Vinhomes Ocean City, Vinhomes Star City, and the planned launch of Vinhomes Wonder City… Generally, Vinhomes projects have had a strong start at the beginning of the year, with transactions performing quite well. For example, on February 23, before the news that the Tu Lien Bridge would be started on May 19, the launch event of Vinhomes Global Gate recorded more than 1,000 billion VND in successful transactions. Vinhomes Ocean City also saw a strong increase in purchasing demand before announcing a 3% price increase starting from March 1. In addition, Vinhomes Wonder City in Dan Phuong has also seen high demand for bookings in recent times.

 

                       

 

 

The Charm An Hung project (Ha Dong) from investor Van Phu has officially opened for bookings, The Nelson Residence Private (Lang Ha, Ba Dinh) has also launched, the L3 Masteri Lakeside building (part of Vinhomes Ocean Park urban area) by Masterise began sales at the end of February, the PR2 building in the The Parisw section of Vinhomes Ocean Park by Mitsubishi is currently accepting bookings, and the The Cosmopolitan – Imperia Signature project in the Vinhomes Global Gate mega-project by MIK was officially announced on March 5. In the near future, the Hanoi real estate market will welcome new luxury apartment supply from Masterise's high-rise Masteri complex at Vinhomes Ocean City. In addition, the Keppler Land twin towers developed by NSI in Ha Dong will also be launched soon.

 

It is not difficult to see that the supply in the Hanoi real estate market at the beginning of the year is quite active, mainly concentrated in the West and East areas of the capital. The two main property types dominating the supply at the start of the year are apartment buildings and low-rise segments such as villas, townhouses, and shophouses. This supply is the result of major real estate giants, including Vinhomes, MIK, Masterise, and Van Phu.

 

 

Mr. Nguyen Van Dinh, Chairman of the Vietnam Real Estate Brokerage Association, stated that the Hanoi real estate market in early 2025 is “benefiting” from the positive outcomes of last year's developments. Specifically, 2024 was a pivotal year in the process of building new legal frameworks for the Vietnamese real estate market. The enforcement of three laws related to the real estate market, which came into effect five months earlier than stipulated, has had positive effects on the market in general, including Hanoi. At the same time, the issuance of numerous circulars and decrees, even before the laws were effective, clearly demonstrated the government's and ministries' strong determination and effort to help the market recover quickly.

 

         

 

Therefore, at the beginning of 2025, developers are confident in releasing projects, especially big developers like Vingroup, MIK, Masterise, and Van Phu… Official launch events, announcements, and kickoffs are being held on a large scale with widespread media coverage, such as Vinhomes Global Gate, The Charm An Hung, The Cosmopolitan – Imperia Signature… This reality shows increasingly clear signs of growth in the real estate market.

 

According to Mr. Dinh, recent developments indicate that the demand for real estate investment has recovered by about 40%. The demand for investment is driven by new supply, with investors being more cautious when choosing products from large and reputable developers. Regarding the Hanoi real estate market, the Chairman of the Vietnam Real Estate Brokerage Association emphasized that housing supply is still mainly contributed by large urban areas on the outskirts. The supply is still concentrated and primarily led by major developers. With the two main segments being apartments and low-rise properties launching at the beginning of the year, Mr. Dinh believes that primary sale prices in both segments will remain high due to limited land availability, rising investment costs, and other related expenses.