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How much do houses in vietnam cost?

According to FazWaz, the average selling price in Hanoi is VND 4.9 million. At the same time, the average price per square metre is reported to be 108 million VND (4.65 USD per square metre). There are currently around 9,000 properties for sale on FazWaz in the Hanoi region. Property prices in Vietnam are considered very affordable compared to other property centres popular with the Chinese, such as Bangkok.

A high-end property in the centre of Ho Chi Minh City costs USD 3,000 to USD 6,000 per square metre, while the equivalent in Bangkok costs around USD 7,000 to USD 9,000 per square metre. In this respect, Vietnamese luxury flats seem like a bargain for Chinese investors who are used to sky-high prices in their home country or in countries like Singapore. According to RNCOS, a global market research firm, many Vietnamese do not own homes and more than 70 er households live in temporary wooden houses. And many American retirees who fought in the war have returned to Vietnam to spend their twilight years in every nook and cranny of the country.