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Daily Real Estate Briefing: Apartment Supply, Land Auctions and Infrastructure Momentum

The real estate market is seeing notable developments in major urban areas and localities that are expanding their development space. In Ho Chi Minh City, the southern area is expected to account for more than half of the city’s new apartment supply, supported by a series of projects scheduled to open for sale toward the end of the year. The western area is also expected to receive additional supply as infrastructure investment continues and demand for upgraded housing increases. In the southern part of the city, projects such as Vlasta Premier Phu Thuan and Diamond Sky are being positioned to benefit from transportation infrastructure, established urban ecosystems and improving connectivity. However, experts noted that high housing prices, congestion and expensive logistics costs are eroding Ho Chi Minh City’s concentration advantage, creating a need to reduce urban costs and preserve competitiveness.

Land auctions and public land management are also taking place in several localities. Ho Chi Minh City is preparing to auction eight medium and small land plots in the wards of Cho Lon, Phu Lam, Binh Thoi, Minh Phung and Tan Binh, with estimated starting prices ranging from VND 4.4 billion to more than VND 80 billion. In Hue, 36 land plots in the An Van Duong New Urban Residential Area will be auctioned, with a combined starting price of more than VND 116.1 billion, equivalent to VND 17 million per square meter. The city is also leasing several surplus schools and public offices after administrative unit restructuring to generate additional budget revenue. Meanwhile, Ho Chi Minh City is reclaiming a 2,341-square-meter land plot at 257 Tran Hung Dao Street in Cau Ong Lanh Ward. Hanoi has allocated more than 3.4 hectares in Dong Anh Commune to Thai Nam Land for a housing project for police officers and soldiers. In Bac Ninh, the first phase of more than 100 hectares has been allocated to a Vingroup consortium to develop a new urban area in the northwest, with total investment exceeding VND 41 trillion.

In other segments, tourism, population growth and service demand are creating room for shophouse operations in southern central Da Nang. Salacia Villas is offering a rental income commitment of up to VND 30 million per month for a maximum period of 60 months. For resort real estate, a proposal has been made to classify stalled projects according to their groups of obstacles and resolve them over the next 12 months. Housing and urban design ideas also remain in focus, ranging from open-plan homes in narrow alleys using curved forms and greenery to pull-out beds for small apartments. Nam Long is promoting urban planning based on actual demand, with a long-term vision for homes that can grow alongside their owners. Another proposal calls for studying separate certificates for spiritual real estate, creating a basis for transfer, gifting or mortgaging these properties.

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