Records of Lao Dong reporters show that many private houses in alleys in Dong Da and Hai Ba Trung districts (Hanoi) have recently been advertised for sale at expensive prices.
Even houses in narrow alleys are being advertised for sale at prices ranging from 150-200 million VND/m2, depending on the area.
Mr. Nguyen Van Son (36 years old, living in O Cho Dua ward, Dong Da district) said that he was very surprised when many private houses in alleys were recently being offered for sale by their owners at prices ranging from 110-200 million VND/m2.
Mr. Son added that last week, a house owner in an alley in Kim Lien ward advertised for sale a 4-storey house, 33m2 wide, for 4.8 billion VND, equivalent to 146 million VND/m2, which surprised everyone.
Similarly, in Hai Ba Trung district, a single-parent house on Tran Kat Chan street with an area of 62m2, is being advertised for sale by its owner at 10.1 billion VND, equivalent to 163 million VND/m2; A private house in Thanh Nhan ward with an area of 35m2, is being advertised for sale by its owner at 5.95 billion VND, equivalent to 170 million VND/m2.
Meanwhile, according to data published by the website Batdongsan.com.vn in early April 2025, for the private house segment, the average selling price in Ho Chi Minh City is showing a slight decrease after 2 years, from 120 million VND/m2 to 108 million VND/m2.
In Hanoi alone, there is a completely opposite picture, when the price of private houses has increased from 125 million VND/m2 to 199 million VND/m2.
Research data from the Vietnam Association of Realtors (Vars) shows that the increase in private house prices in Hanoi still shows many unusual signs but it cannot be denied that a large number of people are interested in the alley private house segment when the supply of new apartments is gradually scarce.
To maximize the advantages of private houses, according to the OneHousing Real Estate Ecosystem, people need to carefully research information about the area, legality, red book, and status of the house in the alley before deciding to buy to avoid unwanted risks and inconveniences later.
Mr. Pham Duc Toan - General Director of EZ Real Estate Investment and Development Joint Stock Company (EZ Property) - commented that in the past, private houses in alleys were often the segment that real buyers "weighed" with new apartments.
However, in recent times, the sudden increase in apartment prices in both the primary and secondary markets has prompted a group of customers to switch to buying private houses and houses in alleys, accepting the inconveniences and limitations of this segment such as parking space and construction quality.
