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.

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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Market records more property sales in January
Market records more property sales in January

More sales were recorded in the domestic property market in January as compared to figures in December 2017.

Market records more property sales in January

Market records more property sales in January

More sales were recorded in the domestic property market in January as compared to figures in December 2017.