Mr. Van Khiem, (Ha Dong, Hanoi) just closed the purchase of a 2-bedroom apartment in November.

He shared: "The project I was aiming for had been increasing in price continuously for more than half a year. But last month, for the first time, the apartment price here decreased slightly. Thanks to regularly monitoring the price through the app, I was able to make a quick decision to buy a house before Tet."

Not as smooth as Mr. Khiem, Ms. Thu Thuy and her husband (Nam Tu Liem) said: "Many people keep saying that the apartment market is cooling down, but in reality, in the area where we are looking for an apartment, the landlord has not yet reduced the selling price. We could not negotiate a satisfactory price, so we temporarily agreed to rent."

These contrasting situations reflect the current state of the apartment market, while prices show signs of slight adjustment in some areas, in other places, prices remain stable or even increase. Therefore, to grasp objective and detailed price fluctuations from each project and specific location, buyers, sellers and investors can access the application "Batdongsan: Buy, Sell & Rent" of Vietnam's leading technology platform - Batdongsan.com.vn.

Data from Batdongsan.com.vn shows that in November, interest in Hanoi apartments decreased by 24% compared to the previous month and decreased by 25% compared to November 2023.

Mr. Nguyen Quoc Anh - Deputy General Director of Batdongsan.com.vn assessed that the Hanoi apartment market is in a sideways phase after a period of fluctuations. When real estate values ​​increase, rental profit margins decrease, especially in the high-end segment. Moreover, the end of the year is also the time when many investors sell their assets after a year of growth, but with high prices and falling profit margins, homebuyers' psychology has cooled down compared to the beginning of the year.

According to data from Batdongsan.com.vn, for the top 10 apartment projects with the strongest price reduction nationwide in December compared to November, the decrease was 4% - 8%. However, among the 10 apartment projects with the strongest price increase at the same time, the price increase rate was 7% - 21%.

Experts believe that the apartment market is in the exploration phase, re-evaluating supply and demand to make adjustments. Currently, the trend of apartment prices slowing down has appeared in some places, but has not happened on a large scale.

The application "Batdongsan: Buy, Sell & Rent" can provide clearer information on price fluctuations for each type, area, and project. Home buyers and renters prefer this application for many reasons. Firstly, the huge real estate database includes millions of listings every month from apartments to rental rooms, private houses, townhouses, villas, land, project land... suitable for all needs. Secondly, the information is continuously verified and authenticated by the technology and team of Batdongsan.com.vn. Thirdly, the application integrates a series of useful features.

In addition to the "Price History" feature, the app also has many other smart utilities. Ngoc Vy (app user) shared that the "Verified listing" feature helps her feel more secure when looking for a rental house.

The young girl said: "I joined groups looking for accommodation on Facebook. There were very good rooms with reasonable prices, but when I went to see them, the room was not like the picture in the post, which made me very disappointed. But with "Authenticated listing", I can rest assured that the room has been verified by Batdongsan.com.vn at the correct price and as described."

Regularly verifying listings is an effort by Batdongsan.com.vn to contribute to building a more transparent and trustworthy market, thereby connecting parties more effectively.

In addition, with the "Professional Broker" feature on the "Batdongsan: Buy, Sell & Rent" application, buyers, sellers or renters of real estate can filter to find highly qualified brokers whose personal information has been verified. The title "Professional Broker" is awarded by Batdongsan.com.vn to brokers who meet the criteria of expertise, experience and practice certificates.

Users also don't have to worry about getting lost in a giant "matrix" of listings with "Smart Filter" - a feature that helps quickly narrow down the search scope according to personal requirements of location, project, type, area and price.

To experience the "Batdongsan: Buy, Sell & Rent" application and use all the above features for free, download it here.