Hanoi apartments nearly 2.5 times costlier than four years ago

Apartment buildings are pictured in central Hanoi. Primary apartment prices in the Vietnamese capital rose nearly 2.5 times from 2021 to 2025, according to real estate services company Savills. (Photo by Yuki Kohara)
MAI NGUYEN and YUJI NITTA
October 20, 2026 12:35 JST
HANOI -- Real estate transactions in Vietnam for the third quarter of this year fell to their lowest level since during the COVID-19 pandemic, as soaring home prices and rising borrowing costs put homeownership increasingly out of reach.
