Hanoi Residential Market Q3 2025: Premium Growth Amid Supply Challenges
In Q3 2025, Hanoi’s residential market continued to reflect a strong appetite for premium housing, despite a sharp decline in new supply. Over 4,500 new apartment units were launched—down 46% quarter-on-quarter—with 91% of them in the high-end and luxury segments, while affordable housing remained absent.
Sales volume reached 6,078 units, a 26% drop from Q2, yet the absorption rate stayed high at 87%, signaling resilient demand. The average primary price surged to USD 4,332/m², up 60% year-on-year, driven by the dominance of upscale products.
In the landed property segment, new launches fell drastically to 219 units, and sales dropped to 570 units, with prices averaging USD 10,178/m², reflecting a 3% quarterly decline due to more competitively priced suburban offerings.
Looking ahead, suburban areas will continue to lead future supply, with 6,000 new apartment units and 500 landed homes expected in Q4. This shift aligns with Hanoi’s urban decentralization strategy, creating opportunities for developers and investors in emerging satellite cities.
Download the Full Report: Hanoi Residential Market Q3 2025
Gain deeper insights into Hanoi’s evolving residential landscape with Cushman & Wakefield’s MarketBeat Q3/2025 report. This comprehensive analysis covers:
- Apartment and landed property market performance
- Supply, demand, pricing trends, and absorption rates
- Future supply forecasts and notable upcoming projects
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Strategic outlook on suburban expansion and urban decentralization
