The Matrix One Phase 2 apartment project in My Dinh, Hanoi is about to launch in 2025.
Data from many real estate market research units recently reported that the current housing supply in Hanoi is no longer as scarce as in early 2024, but housing prices have not shown signs of cooling down.
Mr. Nguyen An Binh (living in Me Tri ward, Nam Tu Liem district) said that information about some new apartment projects about to open for sale is making many people like him very interested.
Mr. Binh informed that in 2024, apartments in many old apartment projects are still being sold for 4-5 billion VND/unit after decades of use. With more new projects opening for sale, those who want to buy a house will have more choices in terms of both project quality and price.
Notably, Lao Dong reporters noted that in 2025, with a series of apartment projects about to open for sale, the Hanoi real estate market is expected to become vibrant again.
For example, located at the Me Tri – Le Quang Dao intersection (Me Tri ward, Nam Tu Liem district), The Matrix One Phase 2 project invested by MIK Group is attracting the attention of many investors.
The project has a scale of 2 towers of 37 and 44 floors, expected to provide 990 apartments to the market this year.
This is phase 2 of The Matrix One project previously invested by MIK Group.
Another project is The Victoria in Vinhomes Smart City urban area (Nam Tu Liem district) with 1,836 apartments launched in 2024.
Accordingly, the average selling price of apartments at The Victoria invested by MIK Group is around 80-85 million VND/m2.
Also located in Nam Tu Liem district, The Solar Park project at Vinhomes Smart City will also open for sale in 2024.
This project includes 4,500 apartments, with a selling price of around 70 million VND/m2.
According to Ms. Do Thu Hang – Senior Director, Consulting and Research Department of Savills Hanoi, in addition to the purpose of living, apartments are becoming a type of asset to accumulate.
According to Ms. Hang, if in the past, people bought apartments simply to live or invest in renting, now many people also expect the price of apartments to increase.
The latest report from the OneHousing Center for Market Research and Customer Insights also stated that in 2024, the Hanoi apartment market recorded a strong growth rate in selling prices.
In addition to serving real housing needs, apartments have become an investment type with the highest profit rate in the market, averaging over 30%.
However, when forecasting the profitability of apartments in 2025, many analysts have expressed a cautious view because this type of apartment has grown too hot in 2024.
