Vietnam’s apartment market now has a sharper Hanoi price test. CBRE-reported Q2 data showed 16,600 new units launched in Hanoi during the first half of 2026, while secondary prices slipped after years of strong increases and absorption slowed from prior highs.<\/p>\n
For a second consecutive quarter, newly launched Hanoi apartments reportedly excluded projects below VND 60 million per square metre before taxes, fees and discounts. The largest supply bands were much higher, including units above VND 120 million.<\/p>\n
Second-quarter sales of more than 5,800 units equalled about 68 percent of newly launched supply, below the over-90 percent rates common in 2024 and 2025. Buyers are taking more time because interest rates and leverage matter again.<\/p>\n
Ho Chi Minh City data also shows high-end supply and cautious absorption, with satellite locations carrying more affordable demand. Hanoi and HCMC should not be read as one identical apartment market.<\/p>\n
Vietnam’s second-half apartment market should favour buyers who compare new-project premiums with resale discounts. Developers need realistic payment terms and transport-linked value to convert abundant supply into sales.<\/p>\n
For Vietnam, the immediate watchpoint is whether this local signal converts into signed transactions, approved financing, leases or completed works rather than only stronger listing language. Buyers should compare Hanoi apartments, CBRE Vietnam, secondary market with recent registered prices, rental evidence, service charges and title documents before committing capital.<\/p>\n