Hanoi’s apartment market surges as prices hit new heights
High demand and limited supply drive transactions in major urban areas despite soaring costs.
High demand and limited supply drive transactions in major urban areas despite soaring costs.
The apartment market in Hanoi shows no signs of slowing down as prices continue to soar, with industry experts projecting further escalation until hitting the affordability threshold for prospective buyers.
From 2020 onwards, foreign developers including Sumitomo, CapitaLand and Mitsubishi Corporation will enter, expected to contribute to a new modern city in the future.