Property transactions in Hanoi rise 13.8%

Up to 1,650 property transactions were successful in Hanoi in January, up by 13.8% from December 2017, reported the Ministry of Construction’s Housing and Property Market Management Department.

property transactions in hanoi rise 13.8% hinh 0

Almost all transactions were for the high- and mid-end segments and are located in convenient places, the department said.

Some projects had many sales in January, including Season Avenue, Ha Dong; An Binh City-Bac Tu Liem; Sunshine Riverside Tay Ho and Romance Plaza, Ha Dong.

Meanwhile, there were 1,900 successful transactions in the southern metropolis Ho Chi Minh City, up by 8.6% compared with the figure recorded in December 2017.

Customers paid attention to apartments having one or two bedrooms and price at about VND1 billion (US$44,000) per unit, but the supply was low.

Average offered price of an apartment in January rose 0.14% against the December price, of which, the price surged 0.17% for high-end apartments, 0.05% for mid-end apartments and 0.56% for affordable apartments.

Price of house on land had an increase of 0.24% compared with December.


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