Hanoi, Vietnam
Property prices · 2025 · Asia · Price +8% vs 2024
Property price trend in Hanoi (2024–2026)
Property comparison — cities in Vietnam (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Hanoi |
|---|---|---|---|---|
| Hanoi | VND 91,800,000 | VND 62,640,000 | VND 12,960,000 | — |
| Ho Chi Minh City | VND 88,400,000 | VND 52,000,000 | VND 12,480,000 | -3.7% |
| Da Nang | VND 59,400,000 | VND 41,040,000 | VND 8,640,000 | -35.3% |
Other Asia cities (2025)
Frequently asked questions
How much does property cost in Hanoi in 2025?
In Hanoi, the average price per sqm in the city centre is VND 91,800,000, and VND 62,640,000 outside the centre (2025 data). Prices have risen 14% since 2024.
How much is rent in Hanoi in 2025?
A 1-bedroom apartment in Hanoi rents for approximately VND 12,960,000 per month in 2025. A 3-bedroom apartment costs around VND 20,520,000/month.
Is it better to buy or rent in Hanoi?
Renting is generally more cost-effective in Hanoi. The price-to-rent ratio is 35.0x — it would take approximately 35.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 9.50%.
What are mortgage rates in Vietnam in 2025?
The average mortgage rate in Vietnam is approximately 9.50% as of 2025. With a price-to-rent ratio of 35.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Hanoi changed?
Property prices in Hanoi have changed +8% vs 2024. Since 2024, prices have increased by 14%. Use the year tabs above to compare prices across years.
What is the price per sqm in Hanoi?
The average property price per square metre in Hanoi city centre is VND 91,800,000 in 2025. Outside the centre, expect to pay around VND 62,640,000/sqm.