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What are housing prices like in Hai Phong right now? (2026)

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Authored by the expert who managed and guided the team behind the Vietnam Property Pack

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This article explains the current housing prices in Hai Phong in 2026, with simple numbers for apartments, houses, villas, and shophouses.

We constantly update this blog post, because Hai Phong property prices can move quickly when new projects, industrial zones, or infrastructure news change buyer demand.

The goal is to give you a clear, realistic view of the Hai Phong residential property market, without using confusing real estate jargon.

And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Hai Phong.

Insights

  • The typical residential property in Hai Phong in 2026 is not a luxury villa, but a 4.4 billion VND home, equal to about $167,000.
  • The average housing price in Hai Phong is higher, around 5.6 billion VND, because villas, shophouses, and central houses lift the overall average.
  • Most ordinary buyers in Hai Phong will see realistic residential options between 2.3 billion VND and 10.5 billion VND in 2026.
  • Entry-level housing in Hai Phong still exists, but it is mainly smaller apartments in Vinh Niem, Le Chan, or older houses in outer districts.
  • Apartments in Hai Phong are usually more predictable than landed houses, because apartment sizes and project-level prices are easier to compare.
  • New homes in Hai Phong usually cost about 15% to 30% more than comparable older homes, especially in planned urban areas.
  • The biggest discounts in Hai Phong are usually found on stale villas, shophouses, and large landed houses, not on well-priced apartments.
  • Ngo Quyen, Vinhomes Marina, and central commercial streets show the highest price per square meter in Hai Phong residential property.
  • A $200,000 budget is already strong in Hai Phong in 2026, and can buy a good apartment or a standard townhouse in several districts.

What is the average housing price in Hai Phong in 2026?

The median housing price in Hai Phong is often more useful than the average housing price, because one expensive villa or shophouse can push the average upward and make the market look more expensive than it feels for most buyers.

We are writing this as of 2026, using the latest data collected from authoritative sources that we manually double checked.

In 2026, the median housing price in Hai Phong is about 4.4 billion VND, which is about $167,000 or €141,000. The average housing price in Hai Phong in 2026 is about 5.6 billion VND, which is about $212,000 or €180,000.

For 80% of residential property in Hai Phong in 2026, a realistic price range is about 2.3 billion VND to 10.5 billion VND, or roughly $87,000 to $398,000.

A realistic entry range in Hai Phong in 2026 is about 1.6 billion VND to 2.8 billion VND, or around $61,000 to $106,000 and €51,000 to €90,000, which can buy an existing 45 to 60 sqm apartment in Vinh Niem or Le Chan.

A typical luxury residential property in Hai Phong in 2026 costs around 12 billion VND to 35 billion VND, or about $455,000 to $1.33 million and €386,000 to €1.13 million, which can buy a villa in Vinhomes Marina or a premium shophouse in Ngo Quyen.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Hai Phong.

Sources and methodology: we checked Batdongsan.com.vn, Dot Property, and Vietcombank exchange rates. We treated portal data as asking prices, not final sale prices. We reduced asking prices by a likely negotiation gap to estimate closed-sale values.

Are Hai Phong property listing prices close to the actual sale price in 2026?

In 2026, we estimate that Hai Phong property listing prices are usually about 5% to 9% above the actual sale price, with a central estimate near 6.5%.

This gap exists because many Hai Phong sellers leave room for negotiation, especially for landed houses, shophouses, and investor-owned units. The gap is usually smaller for well-priced apartments in Le Chan or Ngo Quyen, and larger for villas, stale listings, or large homes with fewer buyers.

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What is the price per sq m or per sq ft for properties in Hai Phong in 2026?

As of 2026, the median residential price in Hai Phong is about 38 million VND per sqm, or around $1,439 per sqm and €1,221 per sqm, which equals about 3.53 million VND per sqft, $134 per sqft, and €113 per sqft. The average residential price in Hai Phong is about 46 million VND per sqm, or around $1,742 per sqm and €1,479 per sqm, which equals about 4.27 million VND per sqft, $162 per sqft, and €137 per sqft.

The highest prices per sqm in Hai Phong are usually found in small central townhouses, shophouses, and premium villas, while the lowest prices per sqm are usually found in older apartments, outer-district houses, and social or worker housing.

In Hai Phong in 2026, the highest price per sqm is usually found in Ngo Quyen, Vinhomes Marina, central commercial streets, and selected Thuy Nguyen new urban areas, often around 60 million VND to more than 180 million VND per sqm. The lowest price per sqm is usually found in Kien An, An Duong, and outer Duong Kinh, often around 22 million VND to 38 million VND per sqm.

Sources and methodology: we compared Batdongsan.com.vn, Hoang Huy Commerce listings, and Dot Property. We compared apartment, townhouse, villa, and shophouse examples separately. We then converted sqm values into sqft values using standard area conversion.

How have property prices evolved in Hai Phong?

Compared with one year ago, residential property prices in Hai Phong in 2026 are estimated to be about 8% higher in nominal terms. After inflation, the real increase is closer to 2% to 3%, because general prices in Vietnam also rose during the period.

Compared with two years ago, Hai Phong housing prices are estimated to be about 15% to 22% higher in nominal terms. The increase comes from industrial growth, port activity, new urban projects, and stronger demand around Le Chan, Ngo Quyen, Thuy Nguyen, and Duong Kinh.

By the way, we’ve written a blog article detailing the latest updates on property price variations in Vietnam.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Hai Phong.

Sources and methodology: we used Vietnam’s National Statistics Office, Hai Phong Statistics Office, and JLL. We separated nominal price growth from inflation-adjusted price growth. We treated market reports as context, not as exact house-price indexes.

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How do prices vary by housing type in Hai Phong in 2026?

In Hai Phong in 2026, the active residential market is roughly 38% apartments, 28% townhouses, 16% detached houses, 7% villas, 6% shophouses, and 5% social or worker housing, because the city has both a growing apartment market and a strong tradition of landed homes.

Apartments in Hai Phong average around 2.9 billion VND, or about $110,000 and €93,000. Townhouses average around 5.8 billion VND, detached houses around 6.8 billion VND, villas around 15.5 billion VND, shophouses around 18 billion VND, and social or worker housing around 1.2 billion VND.

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we compared Batdongsan.com.vn, Dot Property, and Bao Hai Phong. We grouped listings by residential property type. We used social-housing data only for the lower-priced housing segment.

How do property prices compare between existing and new homes in Hai Phong in 2026?

In Hai Phong in 2026, new homes usually cost about 15% to 30% more than similar existing homes, with a central estimate around 22%.

This premium exists because new homes in Hai Phong often have better layouts, elevators, parking, security, developer payment plans, and planned urban infrastructure.

Sources and methodology: we checked Hoang Huy Commerce listings, Savills Vietnam, and JLL. We compared new project stock with older resale stock. We did not treat a new outer apartment as directly comparable to an old central townhouse.

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How do property prices vary by neighborhood in Hai Phong in 2026?

Vinhomes Marina and the Le Chan-Duong Kinh edge are among the most expat-friendly areas in Hai Phong, with apartments, townhouses, and villas often ranging from 5 billion VND to 25 billion VND, or about $189,000 to $947,000 and €161,000 to €803,000. Prices are high because buyers pay for a planned lifestyle area, newer services, and easier daily living.

Ngo Quyen, Le Hong Phong, and the Cat Bi corridor are central and practical areas, with apartments, townhouses, and shophouses often ranging from 5 billion VND to 18 billion VND, or about $189,000 to $682,000 and €161,000 to €579,000. Prices are supported by airport access, business activity, hospitals, schools, and stronger rental demand.

Vinh Niem and Le Chan are good value apartment areas, with many homes ranging from 1.8 billion VND to 5 billion VND, or about $68,000 to $189,000 and €58,000 to €161,000. Prices are lower than in prime central zones, but the area remains popular because buyers can still find modern apartment stock.

You will find a much more detailed analysis by areas in our property pack about Hai Phong. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Area in Hai Phong Simple label Average price range Average range per sqm Average range per sqft
Ngo Quyen Central and commercial 5 to 18 bn VND
$189k to $682k
55m to 130m VND
$2,083 to $4,923
5.1m to 12.1m VND
$194 to $457
Le Chan Popular apartment area 2.5 to 9 bn VND
$95k to $341k
38m to 75m VND
$1,439 to $2,840
3.5m to 7.0m VND
$134 to $264
Hai An Airport and commute 3 to 10 bn VND
$114k to $379k
40m to 80m VND
$1,515 to $3,030
3.7m to 7.4m VND
$141 to $282
Vinh Niem Apartment value 1.8 to 5 bn VND
$68k to $189k
32m to 55m VND
$1,212 to $2,083
3.0m to 5.1m VND
$113 to $194
Vinhomes Marina Expat lifestyle 5 to 25 bn VND
$189k to $947k
55m to 110m VND
$2,083 to $4,165
5.1m to 10.2m VND
$194 to $387
Hong Bang Established central area 3.5 to 12 bn VND
$133k to $455k
42m to 90m VND
$1,590 to $3,408
3.9m to 8.4m VND
$148 to $317
Thuy Nguyen Growth and new city 2.5 to 15 bn VND
$95k to $568k
30m to 95m VND
$1,136 to $3,598
2.8m to 8.8m VND
$106 to $334
Duong Kinh New urban belt 2.2 to 12 bn VND
$83k to $455k
28m to 75m VND
$1,060 to $2,840
2.6m to 7.0m VND
$99 to $264
Kien An Budget family area 1.5 to 5 bn VND
$57k to $189k
22m to 45m VND
$833 to $1,704
2.0m to 4.2m VND
$77 to $158
An Duong Worker and industrial 1.6 to 5.5 bn VND
$61k to $208k
22m to 48m VND
$833 to $1,818
2.0m to 4.5m VND
$77 to $169
Do Son Coastal and second home 2.5 to 14 bn VND
$95k to $530k
25m to 70m VND
$947 to $2,651
2.3m to 6.5m VND
$88 to $246
Cat Ba and island areas Tourism and scarce supply 4 to 30+ bn VND
$151k to $1.14m+
45m to 150m VND
$1,704 to $5,680
4.2m to 13.9m VND
$158 to $528
Sources and methodology: we used Batdongsan.com.vn, Dot Property, and Hai Phong Resolution 85 land-price table. We used official land values only as a location reference. We based market ranges mainly on private listing evidence.

How much more do you pay for properties in Hai Phong when you include renovation work, taxes, and fees?

In Hai Phong in 2026, the total cost is usually about 3% to 8% above the purchase price for a simple resale home, 4% to 14% for many new apartments, and 12% to 25% for older landed homes needing real renovation.

If you buy a property for about $200,000, or around 5.28 billion VND, you may spend another 160 million VND to 740 million VND, or about $6,000 to $28,000. In practice, your total budget may land around 5.44 billion VND to 6.02 billion VND, depending on renovation, taxes, and furniture.

If you buy a property for about $500,000, or around 13.2 billion VND, you may spend another 400 million VND to 1.85 billion VND, or about $15,000 to $70,000. A new or premium property may cost more to complete if VAT, furniture, maintenance funds, and fit-out are not already included.

If you buy a property for about $1,000,000, or around 26.4 billion VND, you may spend another 790 million VND to 3.7 billion VND, or about $30,000 to $140,000. Large villas and shophouses can cost more again if you renovate, upgrade interiors, or need legal support for a complex purchase.

By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Vietnam.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Hai Phong

Extra cost Type Estimated cost range
Registration fee Tax Usually around 0.5%. On a typical Hai Phong deal, this can be about 13 million VND to 50 million VND, or around $500 to $1,900. The exact amount depends on the declared value and official rules.
Notary and admin Legal and official Often around 3 million VND to 15 million VND, or about $115 to $570. This covers practical paperwork and official processing. Larger or more complex deals can cost more.
Legal review and translation Professional support Often around 10 million VND to 50 million VND, or about $380 to $1,900. This is useful for foreign buyers who need contract checks, ownership checks, and translation.
Buyer agent support Service fee This can range from zero to around 2% of the purchase price. On a 6 billion VND home, that means up to about 120 million VND, or around $4,500. Sometimes the seller pays the agent instead.
Apartment maintenance fund Building fund For many new apartments, the maintenance fund is around 2%. On a mid-market apartment, that can mean about 60 million VND to 100 million VND, or around $2,300 to $3,800.
VAT on new-build property Tax VAT may be included in the advertised price, but not always clearly. When it applies separately, it can be a large cost, sometimes up to 10% of the building-related price portion.
Light renovation Renovation For a simple resale apartment or house, light renovation can cost about 3% to 8%. That is often around 90 million VND to 400 million VND, or about $3,400 to $15,100.
Full renovation of an older landed home Renovation For an older house, deeper renovation can cost about 10% to 25%. On a 6 billion VND home, that means roughly 600 million VND to 1.5 billion VND, or about $22,700 to $56,800.
Sources and methodology: we checked Decree 10/2022 on registration fee, Vietnam Housing Law 2023 reference, and market practice. We separated official taxes from practical buyer costs. We used ranges because each purchase structure can be different.
infographics comparison property prices Hai Phong

We made this infographic to show you how property prices in Vietnam compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What properties can you buy in Hai Phong in 2026 with different budgets?

With $100,000, or about 2.64 billion VND, there is a real Hai Phong market, but mostly for an existing 1 to 2 bedroom apartment of 50 to 65 sqm in Vinh Niem or Le Chan, an older 45 to 60 sqm alley house in Kien An, or a compact resale apartment in the Hoang Huy and Vinh Niem corridor.

With $200,000, or about 5.28 billion VND, you can look for a good 75 to 95 sqm apartment in Le Chan or Ngo Quyen, a 60 to 80 sqm townhouse in Hai An, or a small existing house around Hong Bang or the Le Chan edge.

With $300,000, or about 7.92 billion VND, you can buy a large 95 to 120 sqm apartment in Ngo Quyen or Le Chan, an 80 to 110 sqm townhouse in Hai An or Hong Bang, or a newer townhouse in Thuy Nguyen or Duong Kinh.

With $500,000, or about 13.2 billion VND, you can reach the upper Hai Phong market, including a 160 to 220 sqm villa or semi-detached house in Vinhomes Marina, a central townhouse in Ngo Quyen or Hong Bang, or a premium new urban townhouse in Thuy Nguyen.

With $1,000,000, or about 26.4 billion VND, you can buy a large villa in Vinhomes Marina or Duong Kinh, a prime shophouse in the Ngo Quyen or Le Thanh Tong corridor, or a large central landed house with possible business use.

With $2,000,000, or about 52.8 billion VND, the Hai Phong residential market becomes thin, but you may find a large premium villa, a major mixed-use shophouse, or a rare land-heavy property in Cat Ba, Do Son, or a prime city corridor.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Vietnam.

What sources have we used to write this blog article?

Whether it’s in our blog articles or the market analyses included in our property pack about Hai Phong, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.

We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why this source matters How we used this source
National Statistics Office of Vietnam This is Vietnam’s official statistics agency, so it is the strongest public source for inflation and CPI. We used it to adjust one-year housing price growth for inflation. We also used it to keep the 2026 macro context consistent with official CPI data.
Vietcombank exchange rates Vietcombank is a major state-linked commercial bank in Vietnam and provides practical exchange rates. We used June 2026 USD and EUR selling rates for buyer-friendly conversions. We rounded the converted amounts to avoid false precision.
Hai Phong Statistics Office This is the local official statistics office for Hai Phong. We used it to understand Hai Phong’s local growth backdrop. We cross-checked the local economy story before linking demand to industrial and logistics growth.
JLL Hai Phong Property Market Perspectives 2025 JLL is a major global real estate consultancy with a professional research presence in Vietnam. We used it to frame Hai Phong’s industrial, logistics, FDI, and urban-development drivers. We did not use it as a direct closed-sale housing index.
Savills Vietnam Hai Phong Spotlight Savills is a major international property consultancy with regular Vietnam market research. We used it to confirm the structural demand story in Hai Phong. We treated it as qualitative support, not as a single price source.
Batdongsan.com.vn Hai Phong listings Batdongsan.com.vn is one of Vietnam’s largest property portals and gives broad asking-price evidence. We used it to observe listing volumes and price examples in Hai Phong. We adjusted listed prices downward because asking prices are not closed-sale prices.
Batdongsan.com.vn Hoang Huy Commerce listings Project-level listing pages help check apartment prices in a specific micro-market. We used it to anchor apartment pricing in Le Chan and Vinh Niem. We compared it with broader Hai Phong listings before setting apartment ranges.
Dot Property Hai Phong listings Dot Property is a recognized portal that is useful for English-facing and expat-facing listings. We used it to cross-check apartment and villa examples around Vinh Niem, Le Chan, and Vinhomes Marina. We treated it as asking-price evidence.
Hai Phong 2026 land price table and Resolution 85 This reproduces the official administrative land-price resolution for Hai Phong. We used it only as a location-value reference. We did not treat administrative land values as market prices.
Decree 10/2022 on registration fee This is a legal source for Vietnam’s registration-fee framework. We used it to estimate buyer-side registration costs. We combined it with practical market costs such as notary, legal review, and translation.
Vietnam Housing Law 2023 reference This source summarizes the legal framework for housing ownership and apartment management in Vietnam. We used it to support assumptions about apartments, ownership, management, and maintenance-fund practice. We kept the legal discussion simple for non-professional readers.
Bao Hai Phong social-housing report This local source helps track social-housing development in Hai Phong. We used it to understand the lower-priced housing pipeline. We did not use social-housing policy targets to estimate private-market prices directly.

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