Hanoi will welcome 8,900 new apartments in the fourth quarter of 2025

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Savills forecasts that in the fourth quarter, the Hanoi market will receive a new supply of 8,900 apartments; of which, mainly class B apartments. However, it will be from 2026 onwards that the supply will be more abundant.

According to Ms. Do Thi Thu Hang - Senior Director, Research and Consulting Department, Savills Hanoi, product lines launched by reputable investors, beautiful locations, stable legal status will still attract investors, as well as buyers. For small area product lines or one and two bedroom product lines, they will often attract more buyers.

Regarding the C-class segment, Ms. Hang commented that the imbalance in supply is expected to improve soon thanks to the local government's acceleration of approval and pilot implementation of a number of housing projects in Hanoi as well as the promotion of infrastructure investment, increasing connectivity and travel between regions in the near future. Some projects have completed legal procedures, are finalizing product preparation and will soon be launched on the market.

In addition, Hanoi is accelerating the development of social housing and worker housing projects to address affordability constraints and support broader housing access. If these measures continue to be implemented, it is expected to soon overcome the shortage of affordable housing and social housing - segments that have been scarce for a long time - Ms. Hang analyzed.

Assessing the market in general, Savill experts commented that the apartment segment in Hanoi continues to show strong resilience in 2025 thanks to support from improved infrastructure as well as planning reforms and large demand.

In the third quarter of 2025 alone, new supply reached 6,300 units, down slightly from the previous quarter but up year-on-year. The number of units sold reached 7,300, up both quarter-on-quarter and year-on-year.

New supply has an absorption rate of over 80%. Notably, new supply always outperforms the overall market in terms of absorption rate. This reflects buyers' preference for newly launched projects, which often have good locations, reputable investors, complete legal documents, modern design, better amenities and more flexible payment policies.

At the same time, many new projects focusing on the Class A segment recorded good liquidity. Preliminary research by Savills shows that recently approved projects outside of major metropolitan areas have shown positive signs with the number of apartments sold increasing significantly compared to the previous period. In fact, many new projects are still focusing on the Class A segment, located in prime locations, causing the primary selling price on the market to average over VND100 million/m2.

The A and B class apartment segments still recorded good liquidity. New supply launched in the third quarter of 2025 reached about 6,300 units, with an absorption rate of up to 81%, a positive figure showing that real demand for housing and investment remained stable. If the whole market, including inventory, the absorption rate also reached about 64%, showing a clear recovery trend.

Source: https://vtv.vn/ha-noi-se-don-8900-can-ho-moi-trong-quy-iv-2025-100251115105357253.htm