New apartment supply in Hanoi plunges to eight-year low

HCMC – Hanoi City saw new apartment supply tumbling to an eight-year low last year, but the average primary home price remained high, at about VND47 million per square meter, up 15% year-on-year, according to Savills Vietnam’s 2022 report. In 2022, a mere 12,640 new apartments were put up for sale