Hanoi’s apartment market has shifted from shortage to selectivity. CBRE data carried by Vietnam’s Ministry of Construction showed 16,600 new apartments launched in the first half of 2026, while secondary prices fell nearly 3 percent from the previous quarter.
Supply Is Back But Not Cheap
No newly launched apartments were priced below VND60 million per square metre for a second consecutive quarter. New supply is concentrated in premium bands, including projects above VND120 million per square metre in central and near-central areas.
Absorption Has Slowed
More than 5,800 apartments sold in Q2, equal to about 68 percent of new launch supply. That is well below the absorption pace common during 2024 and 2025, showing buyers are more cautious with mortgages and cash flow.
Landed Homes Are Cooling Faster
New landed-home supply was lower year on year, while Q2 sales fell sharply and secondary villa and townhouse prices also eased. Township locations near Hanoi need infrastructure delivery to defend premiums.
Outlook
Vietnam’s next Hanoi signal is whether Thanh Xuan, Tay Ho, Dong Anh and Van Giang projects can sell premium supply without deeper incentives. Buyers should compare new-launch prices with secondary discounts.
Vietnam Deal Checks
For Vietnam, the practical check is whether this local signal is visible in signed contracts, bank approvals, lease negotiations, registered transfers or completed works. Buyers should compare Hanoi apartments, CBRE Vietnam, Thanh Xuan with recent transaction evidence, title documents, service charges, building condition and realistic exit demand before treating the latest news as a price guarantee.
Search for Properties for Sale and Rent: Vietnam Housing Market.
