Hanoi’s real estate market sees prospects in coming times: Savills Vietnam

  • The capital city’s western region reported the highest increase in the additional rental area, reaching 30,600sq.m. VNA Photo: Tuấn Anh
    The capital city’s western region reported the highest increase in the additional rental area, reaching 30,600sq.m. VNA Photo: Tuấn Anh
  • The luxury apartment segment accounts for 55% of the new supply. VNA Photo: Tuấn Anh
    The luxury apartment segment accounts for 55% of the new supply. VNA Photo: Tuấn Anh
  • The luxury apartment segment accounts for 55% of the new supply. VNA Photo: Tuấn Anh
    The luxury apartment segment accounts for 55% of the new supply. VNA Photo: Tuấn Anh
  • The luxury apartment segment accounts for 55% of the new supply. VNA Photo: Tuấn Anh
    The luxury apartment segment accounts for 55% of the new supply. VNA Photo: Tuấn Anh
  • A corner of the Trung Hoa-Nhan Chinh urban area in Cau Giay district. VNA Photo: Tuấn Anh
    A corner of the Trung Hoa-Nhan Chinh urban area in Cau Giay district. VNA Photo: Tuấn Anh

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Hanoi’s real estate market sees prospects in coming times: Savills Vietnam
08/22/2022 16:05 | TTXVN |
The real estate market in Hanoi is gradually recovering and may see a lot of development prospects in the time to come, according to analysts from property consultation company Savills Vietnam. The market showed signs of recovery in commercial leasing activities, serviced apartments, housing purchases, and hotel room rental capacity. Demand for apartments is strong in Hanoi, as its population is expected to hit 9.8 million by 2030 and its gross regional domestic product (GRDP) in the 2026-2030 period forecast to reach 8.5%. Its apartment market will continue to be active, as 14 new projects and the next phase of two existing ones will supply some 11,726 units to the market in the second half of this year. VNA Photo: Tuấn Anh

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