Hoan Kiem (trophy, ~$360/sqm/yr · ≈ $33.4 PSF/yr USD) is one of 5 Hanoi Class A submarkets we track.

  • Hoan Kiem sits at trophy tier.
  • Average rent $360/sqm/yr · ≈ $33.4 PSF/yr USD vs city average 312.
  • Compared submarkets: Ba Dinh (trophy), Cau Giay (trophy), West Lake / Tay Ho (prime).

Hoan Kiem vs other Hanoi submarkets

Hoan Kiem (trophy, ~$360/sqm/yr · ≈ $33.4 PSF/yr USD) is one of 5 Hanoi Class A submarkets we track.

TL;DR

  • Hoan Kiem sits at trophy tier.
  • Average rent $360/sqm/yr · ≈ $33.4 PSF/yr USD vs city average 312.
  • Compared submarkets: Ba Dinh (trophy), Cau Giay (trophy), West Lake / Tay Ho (prime).

Side-by-side with peers

**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. **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
submarketHoan Kiem
tiertrophy
averageRentLocal$360/sqm/yr · ≈ $33.4 PSF/yr USD
cityClassARentUsd$29/sqft/yr
cityVacancyPct14.4%

Frequently asked questions

What other submarkets compete with Hoan Kiem in Hanoi?
Ba Dinh, Cau Giay, West Lake / Tay Ho

Related

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.

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