Hanoi residential market shows strong potential with significant growth in condominium prices from 2019 to Q1 2024, nearing those in HCMC.
The significant increase in primary prices from 2019 to Q1 2024 surged from approximately 30 million VND/sqm to nearly 60 million VND/sqm averagely reflecting a robust demand. 
This growth is coupled with a consistent year-on-year price increase of 19%, highlighting a strong and steady market momentum. 

A year-on-year secondary price on the otherhand also has an increase of 17% indicate a dynamic market with actual demand, also outpacing HCMC's growth. 

Hanoi's residential market is set for a promising future as high absorption rates, anticipated growth in new supply and sold units, and forecasted price increases from 2024 to 2026 all point towards robust demand, underlining strong buyer confidence and economic stability. This sustained growth projects a solid appreciation potential, making Hanoi an attractive and lucrative investment opportunity.