1. Apartment price in Dong Da District May 2023
As one of the four districts in the central core area of ​​Hanoi, “Dong Da district” with great advantages of location, infrastructure, and utilities always has a strong attraction to people looking for houses in the inner city. While the price of real estate is increasingly escalating “dizzy”, apartments become a worthy choice because it is more affordable and suitable for modern life, especially for young families.
The land fund for development of high-rise housing projects in the historical inner city is quite limited, so there are only 22 apartment projects in Dong Da district, most of which are concentrated in 3 wards: Lang Ha, Lang Thuong and Lang Thuong. O Cho Dua. Most of the apartments in Dong Da district have been handed over, only a few projects are in the process of construction.

Dong Da District is one of the four historic inner-city districts of Hanoi.

According to data posted on Real Estate Websites, apartment prices in Dong Da district in April 2023 are fluctuating in the range of 41-80 million/m2, quite high compared to the price of Hanoi apartments. Let’s find out the specific prices in each area and project!
Note:  Apartment prices in Dong Da District  aggregated in this article are for reference only, in fact may vary depending on the location and interior of each specific apartment. Readers wishing to contact the seller to find out the most accurate information about the apartment you are interested in.

Price of Apartment in Lang Ha Ward
In Lang Ha ward, there are currently 8 apartment projects with prices ranging from 37-80 million/m2. In which, Green Diamond – 93 Lang Ha is the only primary project, currently under construction. The selling price of apartments here is among the highest in Lang Ha ward as well as in Dong Da district.

Price of Apartment in Lang Thuong Ward
Lang Thuong ward has only 3 apartment projects but all are quite new projects. specifically, Hong Kong Tower was handed over at the end of 2017-early 2018. Hateco Laroma Apartment has just been handed over in early 2022, while Lancaster Luminaire is still under construction.

Price of Apartment in O Cho Dua Ward
All 4 apartment projects in O Cho Dua ward have been completed and handed over to buyers. The current transfer price is from 42-60 million/m2. Specifically:

Dong Da District Apartment Price In Some Other Wards
In addition to the 3 wards mentioned above, Dong Da has 7 apartment projects scattered in 6 wards. In which, 6/7 projects are apartments that have been handed over for more than 5 years, with selling prices ranging from 41-49 million/m2. The only primary project under construction is T&T Capella at 2 Pham Ngoc Thach, priced from 70-80 million/m2. With some apartments with garden (sky villa), the price will be higher.

2. Dong Da District Apartment Market Situation

With a central location in Hanoi, adjacent to the districts of Ba Dinh, Hoan Kiem, Hai Ba Trung and Thanh Xuan, Dong Da district has long been a focal point of socio-economic development of the capital. Dong Da district has a total area of ​​9.96km2, a population of 378,100 people (statistics as of December 31, 2021), an average density of 38,002 people/km², 15 times higher than the general population density of Ha Noi. Interior.
Dong Da owns a synchronously developed transport network and is still being invested and upgraded. According to the 2020 plan, vision to 2030 of the City People’s Committee. In Hanoi, the district will deploy 18 large and small traffic projects, notably the Cat Linh-Ha Dong elevated railway project (which has been in operation since 2021); to renovate the Thai Ha – Chua Boc intersection; expanding Luong Dinh Cua – Truong Chinh street, etc. The district is also home to Hanoi’s major hospitals such as the National Children’s Hospital, the Hospital of Transport and Communications, and 16 universities and colleges.
Chua Boc – Thai Ha intersection
The land is tight, the people are crowded, and the land fund for developing new housing projects is scarce, which is the cause of the “thirst” for supply, pushing up Dong Da real estate prices. The outstanding advantages of location, infrastructure and utilities help Dong Da reach the sights of real estate buyers and investors.
Dong Da apartment market is mostly products in the mid-end and high-end segments, suitable for customers with strong finances. The district has 21 wards but apartment projects are mainly concentrated in 3 wards along Lang and De La Thanh streets. In recent years, due to the scarcity of new supply, the price of Dong Da apartments has also increased rapidly according to the general situation in the Hanoi market. The highest price belongs to 3 primary projects in progress, Lancaster Luminaire, Green Diamond and T&T Capella Pham Ngoc Thach, at around 80 million/m2. Old apartment projects, handed over for many years, also fluctuate around the 40 million/m2 mark.

Dong Da Apartment is suitable for real buyers who work in central districts and expanded to Thanh Xuan, Cau Giay, Ha Dong, with convenient transportation, full facilities, near many tourist attractions Hanoi’s major entertainment and entertainment calendar. For investors, Dong Da apartment projects attract investors to resell, with apartment prices increasing gradually through sales, handovers and residents moving in. On the rental market, apartments in Dong Da district range from 4-30 million/month depending on the apartment segment and interior equipment. While the selling price increased rapidly, the rental price was quite stable, not changing much from year to year.
Above are the latest updates on apartment prices in Dong Da district and the current market situation.