From 2013 to 2017, the average housing price in Ho Chi Minh City increased from US $ 1,200 / m2 to over US $ 1,400. Meanwhile, the Hanoi real estate market fell to nearly US $ 1,300 in the same period.

Vietnam housing market report of real estate consulting firm Savills published on November 27 revealed that the average HCMC home price in 2017 was more than $ 1,400 per square meter. Meanwhile, the average house price in Hanoi is nearly 1,300 USD / m2.

The above report also shows the opposite trend of housing prices in Ho Chi Minh City and Hanoi in the past 5 years. Specifically, the price of Ho Chi Minh City houses reached 1,200 USD / m2 in 2013 and continued to grow for the next 3 years, reaching a peak of nearly 1,500 USD / m2 before decreasing slightly this year.

In contrast, in the Hanoi real estate market, the average house price in 2013 reached nearly 1,400 USD / m2 but declined in 2 consecutive years, to below 1,200 USD / m2 in 2015, after recovering at approximately 1,300 m2 / m2. USD / m2 in the next 12 months and almost no increase in 2017.