Destination · Vietnam · Hanoi
Hanoi.
Vietnam's political capital. Slower transaction velocity than Saigon, a stable diplomat and banking-sector expat base, and a different kind of residential market.
Editorial introduction
Hanoi is the country's political capital, its diplomatic centre and the seat of the major state-owned enterprises. The foreign-buyer market is materially smaller than Ho Chi Minh City but it is more institutional. Diplomats, multilateral staff, university professors and senior banking expats anchor a tenant base that turns over predictably and pays consistently.
The Tay Ho district on West Lake remains Hanoi's foreign-resident heartland. The Ba Dinh embassy belt and the Trung Hoa Nhan Chinh corridor add secondary clusters. Premium new-launch pricing sits below Saigon equivalents, while rental yields tend to be slightly higher because tenant tenure runs longer.
At a glance
Hanoi in numbers.
- Population
- 8.4M
- Premium condo entry
- $3-6k/m²
- Tay Ho 2-bed rent
- $900-2k
- Embassies
- ~80
- Foreign quota
- 30%
- Noi Bai airport
- HAN
Hanoi city, including all twelve urban districts
New-launch premium pricing per square metre (USD)
Typical monthly long-stay rental
Hanoi hosts the bulk of diplomatic missions in Vietnam
Same national quota framework as elsewhere
International gateway, ~30km north of the centre
Sources: Hanoi Statistics Office · CBRE Vietnam · Savills Vietnam · Latitude editorial
In the editorial pipeline
What we are building for Hanoi.
Buyer guide and rental guide ship first, in parallel. The developments directory, agencies, providers and lifestyle rolls out behind. Subscribe to be notified when each section goes live.
Buyer Guide
How foreigners buy here
The 30 percent quota mechanics, 50-year lease term, pink-book versus red-book reality, taxes, transfer process and the practical due diligence steps.
Rental Guide
Renting long-term as a foreigner
Typical lease terms, deposit norms, cash-versus-bank-transfer reality, the expat neighbourhoods and what they actually cost month to month.
Directory
Developments directory
Curated reference of the major condominium brands, branded residences and notable projects relevant to foreign buyers in this market.
Agencies
Real estate agencies for sales and rentals
International brokerages and trusted local specialists handling the day-to-day foreign-buyer and long-stay rental market.
Service Providers
Trusted legal, tax and banking specialists
Conveyancing solicitors, tax advisors, banking partners, FX specialists and relocation firms vetted for foreign-buyer work.
Lifestyle
Dining, design, culture
The dining rooms worth booking, the neighbourhoods worth walking, the design and culture worth knowing for long-stay residents.
For property brands & agencies
Operating in Hanoi?
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