Apartment price in HCM City up 15-20% in 2015-2023
The price of affordable apartments rising to $1,571-2,357 per sq m in 2023.
Apartment prices continue upwards
Primary prices for apartments rose 2-4 per cent in HCMC last year and 15 per cent in Hanoi during the fourth quarter.
Hanoi apartment prices to continue to rise
Apartment prices in Hanoi are predicted to increase in the time to come due to a range of factors, such as land prices remaining high after a bout of “land fever”, land price brackets being increased by 15 per cent, construction materials and construction investment costs both rising by about 50 per cent, and project approval procedures taking longer due to legal obstacles, leading to higher costs and greater opportunity cost. Primary sales prices for apartments over the next two years may increase 4-6 per cent.