Residential land prices increase too high, transactions drop sharply

Specifically, in the third quarter of 2025, residential land transactions decreased sharply compared to the previous quarter, reaching nearly 6,100 transactions, down 35% quarter-on-quarter. The average quarterly transaction volume in 2025 returned to the same level as in 2023.

Annually, transactions residential land also fell by 39%. According to One Mount Group, this decline is mainly due to prices continuing to rise, with an average increase of 28% year-on-year in 2025, making this type of property increasingly inaccessible to buyers.

Notably, in the third quarter, the trend of shifting from residential land to apartments became increasingly clear, coming from two main reasons. Firstly, this shift clearly shows the changing trend in the tastes of home buyers, especially from the young customer group. The new generation of buyers prioritizes modern living space, synchronous utilities, security and professional management, instead of focusing on land ownership value like previous generations.

In addition, although apartment prices (primary and secondary) have increased significantly in recent times (about 20%/year), the total price of a residential house is still 2.1 times the price of an apartment.

In addition, flexible financial loan packages from investors and banks help home buyers with low equity to have easier access, contributing to increasing good liquidity for this segment.

Also according to One Mount Group, 12 wards have a large population. residential real estate transactions The largest number of sales are in 4 wards in the East of Hanoi , 3 wards in the West of Hanoi and 5 wards in the central and inner city areas. The total number of sales in these wards accounts for about 50% of the total transaction volume in Hanoi.

In the East, Bo De ward and Long Bien ward accounted for the highest sales volume in the market, reaching nearly 400 and nearly 360 transactions respectively because these are areas that directly benefit from infrastructure projects starting construction in the third quarter and developing living amenities.

In the West, Yen Nghia and Ha Dong wards recorded the most transactions because these are areas with reasonable prices and benefit from projects to promote traffic in the area.

Wards in the Central and Inner City areas recorded positive sales, benefiting from good demand due to the psychology of owning urban core land and high real housing demand.

Forecasting the residential market in 2026, One Mount Group said that transactions are expected to recover, increasing slightly by 9% compared to 2025.

Source: https://baolangson.vn/gia-nha-dat-tho-cu-tang-qua-cao-giao-dich-sut-manh-5063788.html