HANOI APARTMENT
In H2 2024, the real estate market is expected to welcome approximately 9,500 new apartment units. Most of this supply will be concentrated in the Western region, benefiting from its strategic location and established infrastructure. Additionally, apartment supply in H2 2024 is expected to continue to concentrate in large integrated townships like Vinhomes Ocean Park and Vinhomes Smart City.
As of 2025, suburban districts, including Dong Anh, Gia Lam, Ha Dong, Hoai Duc, Hoang Mai, Long Bien, and Thanh Tri, are predicted to dominate future apartment supply thanks to ongoing infrastructure development and Government urban planning initiatives. Notably, Dong Anh and Gia Lam are slated to become urban districts in 2025, contributing to the anticipated supply from large integrated townships such as Vinhomes Co Loa, Vinhomes Ocean Park, and BRG Smart City.
LANDED PROPERTY
The supply of landed property in Hanoi is predicted to increase in 2024. A significant portion of the 2024 supply will come from integrated townships built by reputable developers providing all-in-one amenities.
Due to the limited land bank, the CBD and Secondary submarkets are expected to welcome no new supply in the next three years. The West is forecasted to experience a scarcity in landed property supply due to their limited land banks. The supply is forecasted to spread into Suburban areas which own their greater land bank and improved infrastructure connectivity to the central metropolis.
Dong Anh District and Gia Lam District are scheduled to be designated as urban districts by 2025. As a result, it can be expected that a substantial rise is seen in landed property supply from these areas, primarily driven by large integrated townships such as Vinhomes Co Loa, Vinhomes Dong Anh, and BRG Smart City.
Download the report for more insights from our experts.
