Construction Services: Hanoi apartment prices fell slightly

Apartments in Dong Da District, Ha Dong, Hai Ba Trung, Tay Ho and prices dropped about 2% in the second quarter.

Department of Civil Engineering has announced price index property transactions apartments quarter. Accordingly, the transaction price from affordable apartments to luxury ranged from 67% to 95% depending on the region. The highest increase (95%) belong to the Hai Ba Trung district. Liem District North lowest index market 67%. Contrary to the previous quarter, the overall market condo prices in the second quarter is generally palliative. Apartments for rent only at high prices in the inner city districts, rents apartment in Hoan Kiem and Tay Ho District 10-fold in the outlying districts.

Specifically, in the intermediate segment, the transaction price in the second quarter decreased 1% overall - 2%. Cau Giay District, Hoang Mai, Thanh Xuan and Nam Tu Liem had the lowest reduction. Area Dong Da, Ha Dong, Hai Ba Trung and Tay Ho dropped 2%. Particularly remaining 2 Ba Dinh District, Long Bien price index remained flat during the last quarter.

In the apartment segment, the Thanh Xuan and Tay Ho recorded a 1% discount. Meanwhile, in two Cau Giay, Tu Liem Male transaction price index unchanged from the previous quarter.

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