How much will you pay for an apartment in Hai Phong today? (2026)

Last updated on June 19, 2026

As of June 2026, a realistic apartment budget in Hai Phong is around VND 2.45 billion, which is about USD 94,000 or EUR 82,000, but the right number depends heavily on whether you buy an older resale unit, a normal family apartment, or a newer building in Hai An, Le Chan or Ngo Quyen.

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We constantly update this Hai Phong apartment guide because prices, foreign-buyer quotas and new project supply can change quickly in a market that is still smaller than Hanoi or Ho Chi Minh City.

This article is written for a foreign buyer who wants a simple and honest view of how much an apartment in Hai Phong really costs in 2026.

We focus only on apartments in Hai Phong, not houses, villas, shophouses or land plots, because the rules, budgets and risks are very different.

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

A standard apartment in Hai Phong in 2026 is still much cheaper than in Hanoi, but the best new buildings in Hai An and Le Chan are no longer cheap.
The realistic citywide apartment price in Hai Phong in June 2026 is about VND 36 to 38 million per m², or roughly USD 1,380 to 1,460 per m².
Foreign buyers should not treat every Hai Phong apartment listing as buyable, because the 30% foreign-ownership quota can block a deal even when the price looks attractive.
The safest liquidity zone for a foreign buyer in Hai Phong is often a 2-bedroom apartment around VND 2.4 to 3.0 billion in Le Chan, Ngo Quyen or Hai An.
Hai An is expensive for a Hai Phong apartment buyer because it combines airport access, Le Hong Phong prestige, newer buildings and demand from industrial executives.
Budget buyers in Hai Phong should look carefully at An Dong, An Duong, So Dau and lower-end Vinh Niem stock, not only the old central areas.
New apartments in Hai Phong often cost 25% to 40% more than resale apartments, so a new-build buyer must really value the newer building, parking and management.
Foreign buyers should usually plan as cash buyers in Hai Phong, because Vietnam mortgage access for foreigners is possible but not reliable enough for a base case.
Ongoing apartment costs in Hai Phong are moderate, but electricity can jump quickly if the owner or tenant uses air-conditioning heavily in summer.

Who is the author of this content?

BAMBOOROUTES

A team specialized in real estate investing in APAC countries (Japan, Thailand, Indonesia, Australia, etc.).

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Hai Phong. If you’d like to learn more about us, you can check our presentation page.

How much do apartments really cost in Hai Phong in 2026?

What's the average and median apartment price in Hai Phong in 2026?

As of June 2026, the estimated average apartment price in Hai Phong is about VND 2.45 billion, or around USD 94,000 and EUR 82,000, while the estimated median apartment price in Hai Phong is about VND 2.25 billion, or around USD 87,000 and EUR 75,000.

In the same Hai Phong apartment market, the realistic blended price is about VND 36 to 38 million per m², or around USD 1,380 to 1,460 and EUR 1,200 to 1,270 per m², which is about VND 3.35 to 3.53 million per sq ft, or roughly USD 129 to 136 and EUR 112 to 118 per sq ft.

For most standard apartments in Hai Phong in 2026, a normal buyer should expect a broad price range of about VND 1.5 billion to VND 3.6 billion, or around USD 58,000 to 138,000 and EUR 50,000 to 120,000.

Sources and methodology: we compared JLL, Batdongsan and Dot Property listing clusters. We adjusted visible asking prices down because many Hai Phong listings include negotiation room. Our own checks gave more weight to repeated price bands than isolated luxury listings.

How much is a studio apartment in Hai Phong in 2026?

As of June 2026, a studio apartment in Hai Phong typically costs about VND 1.15 billion, or around USD 44,000 and EUR 38,000, although true studios are less common than small 1-bedroom units.

For a practical Hai Phong buyer, entry-level to mid-range studio-style apartments usually cost about VND 850 million to VND 1.35 billion, or USD 33,000 to 52,000 and EUR 28,000 to 45,000, while newer or more central compact units can reach VND 1.45 to 1.7 billion, or USD 56,000 to 65,000 and EUR 48,000 to 57,000.

Most studio-style apartments in Hai Phong are around 28 to 42 m², and many listings described as studios are actually compact 1-bedroom units or social-housing-style apartments.

Sources and methodology: we checked Batdongsan, Dot Property and Numbeo. We treated studio data carefully because Hai Phong has fewer investor-style studios than larger cities. Our own pricing model grouped small units by usable size and building quality.

How much is a one-bedroom apartment in Hai Phong in 2026?

As of June 2026, a one-bedroom apartment in Hai Phong typically costs about VND 1.65 billion, or around USD 63,000 and EUR 55,000.

Entry-level to mid-range one-bedroom apartments in Hai Phong usually cost about VND 1.1 billion to VND 1.9 billion, or USD 42,000 to 73,000 and EUR 37,000 to 63,000, while high-end or newer one-bedroom units in stronger Hai An, Le Chan or Ngo Quyen buildings can cost about VND 1.9 billion to VND 2.4 billion, or USD 73,000 to 92,000 and EUR 63,000 to 80,000.

A typical one-bedroom apartment in Hai Phong is about 40 to 55 m², so the final price can move a lot when the unit is closer to 55 m² or sits in a newer premium building.

Sources and methodology: we used Batdongsan, Dot Property and JLL. We checked price per m² against common one-bedroom sizes in Hai Phong apartment projects. Our own analysis separated compact units from better-located premium one-bedroom stock.

How much is a two-bedroom apartment in Hai Phong in 2026?

As of June 2026, a typical two-bedroom apartment in Hai Phong costs about VND 2.65 billion, or around USD 102,000 and EUR 88,000.

Entry-level to mid-range two-bedroom apartments in Hai Phong usually cost about VND 1.5 billion to VND 2.8 billion, or USD 58,000 to 108,000 and EUR 50,000 to 93,000, while high-end or newer two-bedroom units often cost about VND 2.8 billion to VND 3.8 billion, or USD 108,000 to 146,000 and EUR 93,000 to 127,000.

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

Sources and methodology: we compared unit examples from Dot Property, live asking bands on Batdongsan and supply comments from JLL. We focused on 60 to 75 m² apartments because that is the most useful family-investor segment. Our own checks trimmed outliers where furniture or floor level seemed to inflate the price.

How much is a three-bedroom apartment in Hai Phong in 2026?

As of June 2026, a typical three-bedroom apartment in Hai Phong costs about VND 4.1 billion, or around USD 158,000 and EUR 137,000.

Entry-level to mid-range three-bedroom apartments in Hai Phong usually cost about VND 2.8 billion to VND 4.5 billion, or USD 108,000 to 173,000 and EUR 93,000 to 150,000, while high-end or luxury three-bedroom units in stronger locations can cost about VND 4.5 billion to VND 6.5 billion, or USD 173,000 to 250,000 and EUR 150,000 to 217,000.

Most three-bedroom apartments in Hai Phong are about 90 to 120 m², which means building quality, parking, views and management can change the final price more than the bedroom count alone.

Sources and methodology: we checked Batdongsan, Dot Property and JLL. We separated normal family units from larger premium apartments and penthouse-style listings. Our own model gave less weight to rare luxury outliers.

What's the price gap between new and resale apartments in Hai Phong in 2026?

As of June 2026, new-build apartments in Hai Phong typically cost about 25% to 40% more than comparable resale apartments, mainly because new supply is limited in the strongest urban corridors.

New-build apartments in Hai Phong usually average about VND 40 to 55 million per m², or around USD 1,540 to 2,120 and EUR 1,330 to 1,830 per m².

Resale apartments in Hai Phong usually average about VND 28 to 38 million per m², or around USD 1,080 to 1,460 and EUR 930 to 1,270 per m², so resale can be better value if the building is well managed.

Sources and methodology: we compared new-project asking prices on Batdongsan, resale examples on Dot Property and market context from JLL. We compared similar apartment sizes before estimating the premium. Our own analysis treated building age, management and parking as major price factors.

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Can I afford to buy in Hai Phong in 2026?

What's the typical total budget (all-in) to buy an apartment in Hai Phong in 2026?

As of June 2026, a foreign buyer should budget about VND 2.7 billion to VND 3.3 billion all-in for a good standard two-bedroom apartment in Hai Phong, which is roughly USD 104,000 to 127,000 and EUR 90,000 to 110,000.

This all-in Hai Phong apartment budget normally includes the purchase price, registration fee, notary and admin costs, legal checks, translation, possible bank costs and, for new apartments, the 2% maintenance fund.

We go deeper and try to understand what costs can be avoided or minimized, and how, in our Hai Phong property pack.

Sources and methodology: we combined price data from Batdongsan, buyer-cost rules from Juwai and banking checks from Standard Chartered Vietnam. We assumed VAT is usually included in developer quotes but must be verified. Our own all-in model separates resale deals from new-build purchases.

What down payment is typical to buy in Hai Phong in 2026?

As of June 2026, a foreign buyer in Hai Phong should usually plan for a 100% cash purchase, or at least a 40% to 50% down payment equal to about VND 1.1 billion to VND 1.65 billion, or USD 42,000 to 63,000 and EUR 37,000 to 55,000, on a VND 3.3 billion all-in budget.

For buyers who can access a Vietnam mortgage, many lenders are more comfortable when the buyer can put down at least 30% to 40%, although foreign-buyer approval depends heavily on income, visa status and documents.

For better mortgage terms in Hai Phong, a foreign buyer should think in terms of 40% to 50% down, because Vietnam banks usually prefer stronger local income proof and lower loan risk.

Sources and methodology: we reviewed Standard Chartered Vietnam, Expat Focus and Vietnam ownership guidance from VnEconomy. We treated foreign mortgage access as possible but uncertain. Our own buyer-risk model assumes cash unless documents and Vietnam-linked income are strong.

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Which neighborhoods are cheapest or priciest in Hai Phong in 2026?

How much does the price per m² for apartments vary by neighborhood in Hai Phong in 2026?

As of June 2026, apartment prices across Hai Phong neighborhoods range from about VND 18 million to VND 60 million per m², or roughly USD 690 to 2,310 and EUR 600 to 2,000 per m².

The most affordable apartment neighborhoods in Hai Phong are Bac Son, Kien An, Trang Cat, An Dong and parts of An Duong, where typical prices are about VND 18 million to 32 million per m², or USD 690 to 1,230 and EUR 600 to 1,070 per m².

The most expensive apartment areas in Hai Phong are Le Hong Phong, Dang Giang, Cat Bi side, An Bien, Thien Loi and stronger Hai An or Le Chan corridors, where typical prices are about VND 42 million to 60 million per m², or USD 1,620 to 2,310 and EUR 1,400 to 2,000 per m².

Sources and methodology: we grouped neighborhood listings from Batdongsan, project examples from Dot Property and city-growth context from JLL. We grouped micro-areas by buyer behavior, not only district names. Our own checks gave more weight to repeated clusters than single listings.

What neighborhoods are best for first-time buyers on a budget in Hai Phong in 2026?

As of June 2026, the best budget neighborhoods for first-time apartment buyers in Hai Phong are An Dong and An Duong, So Dau in Hong Bang, and lower-end Vinh Niem in Le Chan.

In these budget-friendly Hai Phong neighborhoods, typical apartments usually cost about VND 1.3 billion to VND 2.6 billion, or around USD 50,000 to 100,000 and EUR 43,000 to 87,000.

An Dong and An Duong offer lower entry prices, So Dau gives practical central access, and Vinh Niem offers stronger family demand with better road links than many fringe areas.

The main trade-off is that budget apartments in Hai Phong can have weaker building management, older facilities or slower resale if the location is too far from daily employment demand.

Sources and methodology: we used Batdongsan, Dot Property and macro demand signals from Hai Phong Statistics Office. We looked for affordability plus resale depth. Our own analysis excluded very cheap areas when current rental demand looked too thin.

Which neighborhoods have the fastest-rising apartment prices in Hai Phong in 2026?

As of June 2026, the fastest-rising apartment areas in Hai Phong appear to be Le Hong Phong and Dang Giang, Vinh Niem and Vo Nguyen Giap, and Dong Khe and Phuong Luu Lake.

Quality apartments in these fast-rising Hai Phong neighborhoods are likely up about 8% to 18% year over year, with the strongest premium units near Le Hong Phong and Cat Bi side at the top of that range.

The main driver is that industrial growth, airport access, port-linked incomes and limited modern apartment stock are pushing buyers toward the same few higher-quality urban corridors.

Sources and methodology: we compared market direction from JLL, local macro data from Hai Phong Statistics Office and listing momentum on Batdongsan. We treated year-on-year estimates as directional, not official indexes. Our own model focused on repeated listing clusters and supply scarcity.

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What extra costs will I pay on top of the apartment price in Hai Phong in 2026?

What are all the buyer closing costs when you buy an apartment in Hai Phong?

For a typical VND 2.8 billion apartment in Hai Phong, buyer closing costs are usually about VND 34 million on resale, or around USD 1,300 and EUR 1,100, and about VND 90 million on a new-build deal, or around USD 3,500 and EUR 3,000, if VAT is already included.

The main buyer closing costs in Hai Phong are the 0.5% registration fee, notary and admin costs, translation, legal checks, possible bank fees and the 2% maintenance fund for many new apartments.

The largest extra cost for a new apartment buyer in Hai Phong is usually the 2% maintenance fund, while the largest extra cost on a resale deal is usually the registration fee.

Some closing costs in Hai Phong are fixed by regulation, but legal fees, translation fees, agency responsibility and whether the seller absorbs some costs can vary by transaction.

Sources and methodology: we used buyer-cost explanations from Juwai, tax summaries from Expat Focus and notary-fee checks from Jarnias Cyril. We applied the costs to Hai Phong apartment budgets. Our own model keeps resale and new-build transactions separate.

On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Hai Phong?

For a normal apartment in Hai Phong, buyers should budget about 1.2% of the purchase price for resale closing costs and about 3.2% for new-build closing costs when VAT is already included.

The realistic range is about 0.8% to 1.5% for most resale apartments in Hai Phong and about 2.8% to 3.8% for many new apartments, but the total can be much higher if VAT is not included in the developer price.

We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Hai Phong.

Sources and methodology: we cross-checked Juwai, Expat Focus and Jarnias Cyril. We converted the percentage rules into simple buyer budgets for Hai Phong. Our own analysis adds a small practical buffer for foreign-buyer paperwork.

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What are the ongoing monthly and yearly costs of an apartment in Hai Phong in 2026?

What are typical HOA fees in Hai Phong right now?

HOA-style service fees are common in Hai Phong apartment buildings, and a normal 70 m² two-bedroom usually costs about VND 600,000 to VND 1.2 million per month, or around USD 23 to 46 and EUR 20 to 40.

Across Hai Phong, basic buildings may charge about VND 5,000 to 8,000 per m² per month, normal buildings about VND 8,000 to 12,000, premium buildings about VND 12,000 to 18,000, and luxury buildings about VND 18,000 to 25,000.

Sources and methodology: we used Vietnam apartment-fee guidance from Savills, listing context from Batdongsan and building-positioning checks from Dot Property. We adjusted national fee guidance to Hai Phong’s lower average price level. Our own checks separated service fees from utilities and parking.

What utilities should I budget monthly in Hai Phong right now?

A typical apartment owner or tenant in Hai Phong should budget about VND 1.1 million to VND 2.4 million per month for utilities, or around USD 42 to 92 and EUR 37 to 80.

The realistic monthly utility range in Hai Phong is about VND 700,000 for a light-use compact apartment to more than VND 3 million for a larger air-conditioned family apartment, or about USD 27 to 115 and EUR 23 to 100.

This Hai Phong utility budget usually includes electricity, water, internet, mobile or TV extras, motorbike parking and sometimes car parking if the building has available spaces.

Electricity is usually the most expensive utility in a Hai Phong apartment, because air-conditioning use can push the bill up quickly during hot months.

Sources and methodology: we used the official EVN residential tariff, Hai Phong water data from Hai Phong Water Supply and the city water decision on Thu Vien Phap Luat. We used normal apartment consumption assumptions. Our own estimates separate utilities from service fees.

How much is property tax on apartments in Hai Phong?

Annual property tax on most apartments in Hai Phong is very small, often around VND 500,000 to VND 1.5 million per year, or about USD 20 to 58 and EUR 17 to 50.

Vietnam does not usually tax the full market value of an apartment each year, because the recurring non-agricultural land-use tax is based mainly on the land component and official land value.

For most Hai Phong apartment owners, a realistic annual property-tax range is under VND 500,000 for smaller or older units to about VND 2 million for more valuable units, or under USD 20 to 77 and EUR 17 to 67.

Sources and methodology: we used property-tax guidance from LuatVietnam, tax-rate checks from Global Property Guide and legal summaries from Aplus Law. We applied the land-tax logic to apartment ownership in Hai Phong. Our own estimate keeps annual tax separate from service fees and repairs.

What's the yearly building maintenance cost in Hai Phong?

A normal apartment owner in Hai Phong should budget about VND 8 million to VND 15 million per year for recurring building service and maintenance charges on a standard two-bedroom unit, or around USD 310 to 580 and EUR 270 to 500.

The realistic range is about VND 5 million to VND 25 million per year, or around USD 190 to 960 and EUR 170 to 830, depending on apartment size, building age, management quality and whether the building is basic or premium.

These Hai Phong building costs usually cover cleaning, security, shared lighting, lifts, common-area care, management staff and routine operation of shared facilities.

In Hai Phong, recurring building service fees are separate from the upfront 2% maintenance fund, which is commonly paid on new apartments for major future repairs.

Sources and methodology: we used apartment-fee guidance from Savills, buyer-cost notes from Juwai and listing checks from Batdongsan. We separated monthly operation fees from the statutory maintenance fund. Our own calculations use a 70 m² two-bedroom as the simple benchmark.

How much does home insurance cost in Hai Phong?

A sensible annual home-insurance budget for a normal apartment in Hai Phong is about VND 2 million to VND 4 million per year, or around USD 77 to 154 and EUR 67 to 133.

Basic fire or apartment cover can cost about VND 500,000 to VND 1.5 million per year, while broader contents and owner cover often costs about VND 1.5 million to VND 7 million, or around USD 58 to 269 and EUR 50 to 233.

Home insurance is usually optional for apartment owners in Hai Phong unless a lender or building rule requires it, but foreign buyers should consider it because water leaks, fire and tenant damage can be expensive.

Sources and methodology: we used Vietnam buyer-cost context from Expat Focus, building-risk context from Savills Vietnam and mortgage-risk checks from Standard Chartered Vietnam. Public insurance data is thinner than price data. Our own estimate separates basic fire cover from broader home contents cover.

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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 we trust it	How we used it
Hai Phong Statistics Office	It is the city’s official statistical source.	We used it to frame Hai Phong’s 2026 demand story. We did not use it for apartment prices because official neighborhood transaction data is not published.
JLL Hai Phong Property Market Perspectives 2025	JLL is a major real estate consultancy with Vietnam coverage.	We used it to confirm Hai Phong’s link between industrial growth, logistics and housing demand. We also used it to cross-check the small but growing apartment supply story.
FiinGroup Vietnam Residential Real Estate Market Brief 2025	FiinGroup is a recognized Vietnam data and credit-research firm.	We used it to anchor the national residential recovery context. We treated it as a macro source, not as a Hai Phong neighborhood-price source.
Batdongsan Hai Phong apartment listings	It is one of Vietnam’s largest public property portals.	We used it to observe live asking-price bands in Hai Phong. We adjusted prices down because asking prices often include negotiation room.
Batdongsan market reports	Its reports use a large listing and search dataset.	We used it to understand buyer interest and listing momentum. We combined that with local listing checks for Hai Phong apartment prices.
Dot Property Hai Phong listings	It gives unit-level examples with size and price per m².	We used it to cross-check project-level apartment prices in Hai Phong. We gave more weight to repeated clusters than to single outlier listings.
Numbeo Hai Phong property prices	It is weaker than portal data but useful as a sanity check.	We used it only to check center-versus-outside-center pricing signals. We did not let it override stronger listing or consultancy data.
VnEconomy foreign ownership rules	It is a mainstream Vietnam economic newspaper citing the 2024 decree.	We used it for the 30% foreign apartment quota rule. We also used it to explain why legal availability matters for foreign buyers.
VietnamPlus foreign ownership report	VietnamPlus is a state news agency source.	We used it to cross-check the foreign-ownership cap. We treated it as support for the legal-risk section.
Standard Chartered Vietnam mortgage page	It is a direct bank source for home-loan requirements.	We used it to stress-test foreign-buyer financing assumptions. We assumed cash purchase unless a buyer has strong Vietnam-linked documents.
EVN residential electricity tariff	EVN is Vietnam’s national electricity utility.	We used it to estimate monthly electricity bills. We applied residential consumption assumptions for Hai Phong apartments.
Hai Phong water tariff decision	It reproduces the city’s official household water-price decision.	We used it to calculate normal water budgets. We focused on urban apartment use, not rural consumption.
Hai Phong Water Supply tariff page	It is the local water supplier’s tariff page.	We used it to cross-check the city water decision. We included water as a small but recurring ownership cost.
Savills apartment service-fee note	Savills is a major real estate consultancy.	We used it to explain service fees, operating costs and the 2% fund. We adapted the national framework to Hai Phong’s building quality bands.
Juwai Vietnam foreign-buyer guide	It gives a clear foreign-buyer overview of costs and rules.	We used it to cross-check VAT, registration fee and maintenance fund assumptions. We did not use it as a Hai Phong price source.
Expat Focus Vietnam property taxes	It explains buyer costs in simple terms for foreigners.	We used it to check registration fee and low recurring tax treatment. We cross-checked its figures with legal sources before using them.
LuatVietnam non-agricultural land-use tax guide	It explains Vietnam’s recurring land-use tax framework.	We used it to explain why apartment property tax is usually small. We applied the tax logic to apartment ownership in Hai Phong.
Global Property Guide Vietnam taxes and costs	It is a long-running international property-tax reference.	We used it to cross-check Vietnam land-tax rates and transaction taxes. We treated it as a support source, not as local pricing data.
Aplus Law Vietnam property-tax overview	It is a Vietnam legal source explaining property-related taxes.	We used it to verify the non-agricultural land-use tax range. We kept the final explanation simple for non-professional buyers.
Exchange-Rates.org USD/VND 2026 history	It provides exchange-rate history for the 2026 period.	We used it to keep USD conversions close to June 2026 rates. We rounded conversions so the article stays easy to read.
Exchange-Rates.org EUR/VND 2026 history	It provides exchange-rate history for the 2026 period.	We used it to keep EUR conversions close to June 2026 rates. We rounded conversions because exact currency rates change daily.