Hanoi's VND95 Million Primary Price Puts Premium Absorption Below Boom Levels

Vietnam's latest local apartment signal is Hanoi's new supply surge, where primary prices climbed even as absorption fell below the strongest levels of the 2024 and 2025 boom.

Hanoi Supply Hit A High

CBRE-linked reporting said Hanoi launched about 16,600 apartments in the first half of 2026, the highest first-half total since 2020. In Q2, more than 5,800 units sold, equal to about 68 percent of new supply.

Premium Prices Dominate

No new Hanoi apartment project was priced below VND 60 million per square metre for a second consecutive quarter. New launches included units from VND 80 million to VND 110 million per square metre and a large share above VND 120 million.

Secondary Prices Started To Ease

Average resale apartment prices in Hanoi fell nearly 3 percent quarter on quarter to around VND 60 million per square metre. That marks a change from the rapid appreciation period and shows buyers are becoming more selective.

What Buyers Should Check

Hanoi buyers should compare launch price, discounts, mortgage terms, absorption, resale competition and handover timing. In Ho Chi Minh City, satellite-area supply needs transport and job-access evidence before lower prices are treated as value.

Outlook

Vietnam's next signal is whether premium launches can keep selling without deeper incentives. Absorption, not launch volume, is now the cleaner measure of demand.

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