Apartments and individual houses in alleyways in Hanoi have continually fetched new asking prices, setting new price levels in the northern region’s residential real estate market. According to an assessment by the Vietnam Association of Realtors (VARS), in the context of limited new supply, primary apartments in Hanoi are being priced very high. Experts recommend that buyers need to be alert before making decisions, giving priority to new projects invested in and developed by reputable investors, that have adequate infrastructure and utilities for life’s needs, and that will be handed over in less than ten years.