Recently, the market for residential land in Hanoi has been quite sluggish as buyers are worried about being affected by urban planning and are therefore waiting for official information.
The excessively high prices have caused a slump in the Hanoi housing market, with many houses remaining unsold for a year without finding buyers.
According to One Mount Group's Market Research & Customer Insights Center, in the third quarter of 2025, the volume of transactions for residential land and houses decreased sharply compared to the previous quarter.
Rising land and house prices have led to a dwindling number of potential buyers, resulting in many real estate agents being unable to sell properties and forced to leave the profession.
The excessively high price of land and houses has led many people to decide to switch to buying apartments or renting.
The Hanoi real estate market is showing signs of a renewed surge, with many properties increasing in price by billions of dong in just over two months.
While the market remained sluggish, at the end of the year, the price of land and houses in Hanoi suddenly increased due to high demand from buyers.
As a segment catering to those with genuine housing needs, houses in alleyways in Hanoi have maintained their prices since the beginning of the year and attract many buyers.
According to many developers specializing in building subdivided residential land, in the coming period, houses with an area of 30m2 will be very attractive to buyers, following Hanoi's new regulations.
Khi mà COVID-19 bùng phát lần thứ tư khiến thị trường bất động sản gần như đóng băng thì phân khúc nhà đất thổ cư giá rẻ vẫn có nhiều giao dịch.
The COVID-19 pandemic has caused the prices of townhouses and land plots to tend to decrease by 5-10 million VND/m2.
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