Luxury apartment prices soar in Hanoi amid supply shortage
The supply of luxury apartments in central Hanoi is becoming increasingly scarce, pushing starting prices to new highs.
The supply of luxury apartments in central Hanoi is becoming increasingly scarce, pushing starting prices to new highs.
High demand and limited supply drive transactions in major urban areas despite soaring costs.
Hanoi’s apartment prices are expected to continue rising until supply and legal bottlenecks are resolved, according to experts.
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.
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The inspection will be implemented from April to the end of November 2023.
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