Hanoi has 5 distinct Class A submarkets we track, anchored by Ba Dinh at the trophy tier.

  • 5 submarkets covered.
  • Trophy tier: Ba Dinh, Cau Giay, Hoan Kiem.
  • Prime tier: West Lake / Tay Ho.
  • Established/emerging tier: Dong Anh / Bac Ninh Corridor.

Hanoi Class A submarkets

Hanoi has 5 distinct Class A submarkets we track, anchored by Ba Dinh at the trophy tier.

TL;DR

  • 5 submarkets covered.
  • Trophy tier: Ba Dinh, Cau Giay, Hoan Kiem.
  • Prime tier: West Lake / Tay Ho.
  • Established/emerging tier: Dong Anh / Bac Ninh Corridor.

By tier

**Ba Dinh** (trophy, ~$360/sqm/yr · ≈ $33.4 PSF/yr USD) — Government and trophy core. **Cau Giay** (trophy, ~$312/sqm/yr · ≈ $29 PSF/yr USD) — Western trophy and tech corridor. **Hoan Kiem** (trophy, ~$360/sqm/yr · ≈ $33.4 PSF/yr USD) — Heritage CBD core. **West Lake / Tay Ho** (prime, ~$336/sqm/yr · ≈ $31.2 PSF/yr USD) — Premium expat and embassy district. **Dong Anh / Bac Ninh Corridor** (established, ~$240/sqm/yr · ≈ $22.3 PSF/yr USD) — Northern manufacturing and FDI corridor.

Key facts

cityHanoi
countryVietnam
regionAPAC
classARentLocal312 USD/sqft/yr
classARentUsd$312/sqft/yr
vacancy14.4%
typicalLeaseYears5
typicalRentFreeMonths6
submarkets5
primeYieldPct7.6%
trophyCount3
primeCount1

Frequently asked questions

How many Class A submarkets are in Hanoi?
5, ranging from trophy (Ba Dinh) down to established and emerging clusters.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics