WEBVTT 00:00:03.929 --> 00:00:09.188 If in the period of 2023-2024, the Hanoi apartment market will shrink along with 00:00:09.188 --> 00:00:12.569 new supply, mainly concentrated in the East and West, 00:00:12.989 --> 00:00:17.138 entering the second quarter of 2025, Hanoi witnessed a strong return of real 00:00:17.138 --> 00:00:20.649 estate projects in all four directions: East, West, South and North. 00:00:20.849 --> 00:00:24.229 Although with the overall picture, it still shows the imbalance in the segment 00:00:24.229 --> 00:00:27.869 when most of the newly launched products are in the high-end and luxury segments. 00:00:28.533 --> 00:00:32.126 If we talk about the newly opened general product segment, currently, most 00:00:32.126 --> 00:00:36.618 of the high-end products in the first and second quarters of this year have a 00:00:36.618 --> 00:00:39.613 price positioning of around 100 million meters and even higher. 00:00:39.933 --> 00:00:46.003 Especially in the Northern region, it can be said that Dong Anh, when seeing 00:00:46.003 --> 00:00:52.072 MAK or Marshall Home projects in Co Loa, they are all around 130 to 00:00:52.072 --> 00:00:53.373 150 million meters. 00:00:53.373 --> 00:01:00.171 Currently, the eastern region is the area with the lowest price segment if we 00:01:00.171 --> 00:01:02.113 look at the regions. 00:01:02.733 --> 00:01:06.777 Apartment products in the Eastern region are having around 70 or 78 million 00:01:06.777 --> 00:01:11.133 meters in price, so this is the lowest price level in the Hanoi market. 00:01:11.935 --> 00:01:15.515 According to experts, one of the main reasons for the sharp increase in apartment prices in recent times 00:01:15.515 --> 00:01:18.822 is due to the constantly escalating input costs from land prices, raw 00:01:18.822 --> 00:01:20.475 materials to legal and financial costs. 00:01:20.915 --> 00:01:24.050 Experts have given many forecasts on the prospects for the apartment market in 00:01:24.050 --> 00:01:25.255 the second half of 2025. 00:01:25.722 --> 00:01:29.482 After going through the first half of this year, we have adjusted the forecast for this year 00:01:29.482 --> 00:01:34.402 will somewhere have about 30,000 new apartments in the entire Hanoi market. 00:01:34.982 --> 00:01:38.550 This figure is also a figure equivalent to the periods when the market 00:01:38.550 --> 00:01:39.922 was developing very well before. 00:01:40.662 --> 00:01:44.502 And so the vision for the second half of this year is that the mid-range market 00:01:44.502 --> 00:01:45.942 is expected to remain a market 00:01:45.942 --> 00:01:50.942 but there is a leadership and recovery of the real estate market in general. 00:01:50.942 --> 00:01:55.034 The newly opened product segment of the medium and large businesses will 00:01:55.034 --> 00:01:58.102 continue to be high-end products and especially luxury products. 00:01:59.162 --> 00:02:04.232 The eastern part of Hanoi, including Long Bien, Gia Lam and Van Giang, is an 00:02:04.232 --> 00:02:05.922 area with many supply sources 00:02:05.922 --> 00:02:10.682 at a price that is more suitable than other areas in the Hanoi market. 00:02:10.902 --> 00:02:14.602 And this will be the area that is expected to lead the market in the second half of this year. 00:02:15.757 --> 00:02:19.817 Summarizing the picture in the first half of 2025, experts from Unma Group emphasized, 00:02:20.157 --> 00:02:25.297 The market in 2025 is converging all 3 factors to continue the growth of 2024 00:02:25.297 --> 00:02:28.997 including abundant supply, stable demand and gradually restored confidence. 00:02:29.497 --> 00:02:33.417 If macro factors remain stable, liquidity will continue to improve in the coming quarter.