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Hanoi's new apartment supply shifts to suburbs as buyers grow hesitant

Hanoi's housing market is entering a rebalancing phase, with new supply continuing to move toward suburban and fringe urban areas while buyers become increasingly cautious. High-end and luxury apartments continue to dominate the market.

Even VND6 billion is not enough to buy a decent apartment in Hanoi

Many homebuyers assume that with VND6 billion ($228,300), it should be easy to find a comfortable two-bedroom apartment in downtown Hanoi. The reality, however, is much tougher.