Hanoi apartment supply dominated by luxury segment

A report from the Urban Affairs Committee of the Hanoi People's Council reveals that approximately 78% of new commercial apartment supply in Hanoi consists of high-end and ultra-luxury segments. In the first half of 2026, apartments accounted for about 70% of new sales supply and 73% of total transactions.

The market structure shows a significant concentration of properties priced between 50-80 million VND/m2, with a notable portion exceeding 80 million VND/m2. Conversely, affordable housing priced below 25 million VND/m2 is nearly absent from the primary market.

While the real estate market has experienced volatility compared to the 2024-2025 period, there has been positive movement in the social housing sector. Hanoi has commenced 33 social housing projects involving approximately 30,000 units, exceeding government targets. Looking ahead to 2027, the city expects to supply approximately 28,696 social housing units through 27 projects.