Hanoi’s apartment market is testing affordability after CBRE-linked reporting showed 16,600 new units launched in the first half of 2026, the strongest first-half supply since 2020.

Premium Supply Dominates Launches

No newly launched apartments were priced below VND 60 million per square metre for a second straight quarter. Units above VND 120 million per square metre made up 35 percent of new supply, while VND 80 million to VND 100 million units made up 30 percent.

Absorption Is No Longer Automatic

More than 5,800 apartments sold in Q2, equal to 68 percent of new launch supply and well below the 90 percent-plus absorption often seen in 2024 and 2025. That gives buyers more leverage on selected projects.

Secondary Prices Show The Stress

Primary prices averaged nearly VND 95 million per square metre, up strongly year on year, but secondary prices slipped nearly 3 percent quarter on quarter to about VND 60 million. Owners exiting grace periods may be more flexible.

Outlook

Vietnam’s next Hanoi signal is whether developers can absorb a projected record supply year. Buyers should compare primary premiums with resale discounts before committing to expensive new launches.

Vietnam Deal Checks

For Vietnam, the practical check is whether this local signal is visible in signed contracts, bank approvals, registered transfers, lease negotiations, completed works or enforceable public rules. Buyers should compare Hanoi apartments, CBRE, primary prices with title documents, service charges, financing terms, physical condition and realistic exit demand before treating the latest news as a price guarantee.

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