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Sao Bo Vietnam has just released a
report on the overview of Hanoi real 

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estate market in 2024 and prospects for 2025. 

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Accordingly, in 2024, the total supply
of new apartments will reach 24,996 

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units, the highest in the past 5 years. 

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Accordingly, it is forecasted that by 2025, 

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Apartment supply is expected to continue to increase. 

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2025 supply of apartment market 

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The number of apartments fluctuates from
about 25,000 new supply units. 

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But the new supply we see is that 

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Mainly still class B apartment segment 

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but class B apartments are
all at high prices 

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That is what we see. 

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2024 demand for class B apartments 

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also very, can say very good 

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Demand is very good 

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Market absorption rate in Q4 2024 is 85% 

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which are mainly Class B apartments for sale. 

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By 2025 it is clear that
the postal market is 

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It is still the
market that attracts attention. 

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In 2024, apartments priced above VND4
billion will account for 59% of the 

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total number of units to be sold, up
significantly from 2% in 2020. 

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Apartments priced from VND2 to VND4
billion account for 40%, while only 1% 

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of apartments are priced under VND2 billion. 

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Savo experts say that market liquidity
in 2025 will depend on many factors. 

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Product lines that are reasonable can
still sell. 

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But we also need to note that it is
always the buyer. 

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People will also learn about the project
itself and the quality of the 

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project to decide to invest. 

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It also affects liquidity so it is a
factor of concern. 

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But whether liquidity is good or not
depends on the matter. 

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The level of supply on the market and
the desire of those who own apartments 

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to sell is the development. 

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According to data from Savo Vietnam, in
the fourth quarter of 2024, the selling 

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price of primary apartments reached
VND75 million per square meter, up 9% 

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quarter-on-quarter and 29% year-on-year. 

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It is forecasted that in 2025, apartment
prices are unlikely to decrease, and 

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will likely remain stable or continue to
increase due to the ongoing imbalance between supply and demand.