Just before Dong Anh is upgraded to a district and the National Exhibition Center is scheduled to open in July 2025, commercial and service apartments at Eurowindow River Park, priced from only 32 million VND/m2, are creating a sensation in the eastern Hanoi market.
Apartment prices are skyrocketing.
According to data from OneHousing's Market Research and Customer Insights Center, the average selling price of primary apartments across the Hanoi market has increased significantly, from VND 40 million/m2 at the beginning of 2022 to approximately VND 72 million/m2 in Q3 2024. Specifically, the average price of newly launched projects in this quarter reached approximately VND 72 million/m2 (excluding VAT and maintenance fees), as the supply of newly launched apartments in the quarter was primarily in the high-end and luxury segments, accounting for 100% of the market share.
According to the Q3/2024 real estate market report, the Ministry of Construction clearly stated the "skyrocketing" price increase in the apartment segment.
Specifically, apartment prices in Hanoi have continued to rise in both new and old projects. Particularly in the primary market, prices have increased by approximately 4-6% quarterly and 22-25% annually. Some areas have even seen localized increases of up to 35-40% compared to the previous quarter.
The report also highlighted the selling prices of several projects in the capital city, including The Zurich subdivision in Vinhomes Ocean Park (Gia Lam district), with prices ranging from 46 to 55 million VND/m2, and The Sapphire subdivision in Vinhomes Smart City (Nam Tu Liem district), with prices fluctuating around 47 to 61 million VND/m2.
Even higher, the Lumi Prestige project (Nam Tu Liem district) is priced at up to 69 million VND/m2, The Ninety Complex (Dong Da district) reaches 60-75 million VND/m2, and the Viha Complex project (Thanh Xuan district) even goes up to 75-97.2 million VND/m2.
Thus, it can be seen that prices below 40 million VND are almost non-existent in new projects, and if they do appear, they will be highly sought after. Because even with the soaring prices of apartment units, the transaction volume in this segment remains relatively impressive. The total number of successful transactions for apartments and detached houses in Q3/2024 still reached 38,398. This figure increased by 48.3% compared to Q2/2024 and by 29% compared to the same period in 2023.
Commercial and serviced apartments priced under 40 million VND/m2
Just before Dong Anh is upgraded to a district and the National Exhibition Center is scheduled to open in July 2025, commercial service apartments at the Eurowindow River Park project, priced from only 32 million VND/m2, are creating a sensation in the eastern Hanoi market.
Offering versatile solutions, this collection of commercial service apartments helps owners save on office rental costs, proactively design, renovate, and decorate their workspace, and freely experience their living space. Owners are guided through the process of obtaining their ownership certificate as quickly as possible.
With areas ranging from 150-251m2, these commercial service apartments can also be used as business premises, leased for various industries such as: kindergartens, gyms, spas, beauty salons, training centers, etc.
Ms. Thuy Hien (32 years old) shared: “I just finalized the purchase of an apartment to live in and run a spa. The spacious area allows me to arrange a customer care space while still having enough room for personal activities.”
Owning a commercial apartment at Eurowindow River Park, residents can experience a rich array of internal amenities such as a four-season swimming pool, shopping center, rooftop garden, walking paths, children's playground, outdoor sports field, and interconnected underground parking. Modern facilities such as high-speed elevators, a 24/7 security surveillance system, and soundproof and heat-insulated Eurowindow doors also contribute to a convenient and upscale lifestyle.
Not only does Eurowindow River Park integrate a complete system of amenities to meet all living needs, but it also offers easy access to essential facilities within a radius of approximately 2km, such as shopping centers, schools, local markets, and hospitals.
Thanks to its prime location on Truong Sa Boulevard, residents of Eurowindow River Park can reach the Old Quarter in just 15 minutes and Noi Bai Airport in 20 minutes. The completion of the Tu Lien Bridge is expected to shorten travel time from the project to West Lake to just 10 minutes.
In the current context of scarce supply and skyrocketing real estate prices, Eurowindow River Park offers customers the opportunity to own a premium commercial and service property with attractive incentives: a 14% discount on the listed price for early payment, bank financing up to 65% of the property value with 0% interest and a 24-month grace period for principal repayment, rental support up to 5.5% of the listed price, and a complimentary interior finishing package…
Phuong Dung
Source: https://vietnamnet.vn/can-ho-gia-tot-hap-dan-gioi-dau-tu-2341850.html
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