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 conference "The new era of real estate growth: From volume to value" organized by TheLEADER is taking place this morning, December 12 morning at InterContinental Saigon Hotel in Ho Chi Minh City.
The conference is one of TheLEADER's highlighted events in 2018, aiming at creating a forum to discuss the trends that would drive the development of Vietnam's real estate market as well as enterprises' investment strategy for increasing the value of their projects.
The event is having the participation of Vietnam's Ministry of Construction's leader, respected speakers as well as senior managers, calibre experts, leaders of large domestic and FDI real estate enterprises and hundreds of other guests working in the field.
Leaders of Vietnam National Real Estate Association (VNREA), JLL, Schneider Electric, enCity, Vinhomes, Indochina Capital, Nam Long, etc. would come together at the event to discuss the new factors and trends that would greatly impact on Vietnam's real estate market in the coming time as well as the digital transformation in the area of real estate and the improvement of worth-living urban areas.
In addition, there would be panel discussions on the potential of Vietnam's real estate market, investment opportunities and strategies that real estate enterprises could apply to add more value to their projects and customers.
For more information and registration, please contact:
Ms. Khanh Huyen: 094 769 3858
Ms. Thu Huyen: 098 535 3791
Email: event@theleader.vn
The supply of luxury apartments in central Hanoi is becoming increasingly scarce, pushing starting prices to new highs.
Vietnam's hospitality industry is undergoing a major transformation with a brand repositioning strategy that emphasizes unique, sustainable, and community-focused experiences.
High demand and limited supply drive transactions in major urban areas despite soaring costs.
Despite the real estate market's lackluster performance, several companies are accelerating land acquisition efforts.
Hanoi is set to receive a significant future supply of over 100,000 apartments starting from 2025, a tenfold increase compared to the current availability.
Hanoi’s apartment prices are expected to continue rising until supply and legal bottlenecks are resolved, according to experts.