Hanoi’s real estate market is facing challenges as rental yields have significantly fallen. While property prices have surged by 30–40% over the past year, rents have only risen by 8–10%, with many areas experiencing a plateau in rental income. This situation is making it increasingly difficult for property owners with mortgages to sustain their investments. The market outlook is further strained, with an abundant supply of high-end properties and secondary market prices remaining high, leading to a forecasted decline in yields.

However, Hanoi’s real estate future looks promising due to major developments on the horizon. Authorities have approved a VND925 trillion (US$38 billion) sports complex project, developed by Vingroup, which will
include a 135,000-seat stadium, the second largest in the world. This development is part of an Olympic
Sports Urban Area spanning more than 9,000 hectares, which is expected to significantly boost the city’s infrastructure and attractiveness for both domestic and international investors.