An apartment in District 1, Ho Chi Minh City has an opening price of 300-400 million VND / m2. Photo: Zing
According to the market report in the first quarter of the Ministry of Construction, apartment prices in localities across the country increased steadily on a monthly basis, an average increase of 5-10% from the previous quarter. In Hanoi and Ho Chi Minh City, apartment prices both increased due to the scarcity of supply.
Some projects higher than the average rate of the whole market, such as Stellar Garden increased 6.4%, Seasons Avenue increased 5%, Xuan Mai Complex increased 5.4% (Hanoi); Feliz En Vista increased by 4.6%, The Metropole Thu Thiem increased by 5.2%, Dat Gia Residence Thu Duc increased 5% (HCMC). In Binh Duong, the transaction prices of projects such as Bcons Suoi Tien, The East Gate and Compass One increased 4-5% compared to the fourth quarter of 2020.
Also according to the Ministry of Construction, affordable apartments (prices below 25 million / m2) in big cities are very few, mostly only available in areas far from the center. Previously, this type of projects had a price of about 20 million VND / m2, increased to 25 million VND / m2.
For mid-end apartments (30-40 million VND / m2), in Hanoi, most new projects have similar selling prices, concentrated in districts of Ha Dong, Thanh Xuan, Cau Giay, Gia Lam … . In Ho Chi Minh City, mid-end apartment segment has a higher price than in Hanoi, ranging from 35-45 million VND / m2.
With high-end apartments (prices over VND 50 million / m2), both Ho Chi Minh City and Hanoi have many new projects in this price segment. Hanoi has the luxury apartment The Nine – Pham Van Dong with the price of about 50 million VND / m2, The Matrix One apartment is priced at 55-60 million VND / m2, project D ‘. Le Roi Soleil – Quang An costs about 80 million VND / m2, Grandeur Palace Giang Vo project costs about 80 million VND / m2 … In Ho Chi Minh City, some projects with high prices such as The Tresor District 4 cost about 60 – 70 million VND / m2, Saigon Royal project in District 4 costs about 90 million VND / m2, Sadora apartment project in District 2 costs about 70 million VND / m2.
Luxury apartments have also appeared in Hanoi, Ho Chi Minh City, recorded in projects with “gold” position, the price of over 100 million VND / m2, even 300 million VND / m2.
Source: ndh.vn – Translated by fintel.vn