The real estate market is seeing a series of notable developments in planning, infrastructure and urban development. In Hanoi, the 447-hectare Vinh Hung urban redevelopment project, with total investment of nearly VND 186,000 billion and Sun Group as the investor, was launched on the afternoon of August 28. Meanwhile, VinSpeed’s 121-kilometer high-speed railway from Hanoi to Ha Long is expected to require more than 568 hectares of land, half of which will be in Quang Ninh. FPT’s nearly 200-hectare Digital Technology Park urban area may also put its first component into operation from 2027. In the south, southern Ho Chi Minh City is expected to account for more than half of the city’s new apartment supply toward the end of the year, supported by the simultaneous launches of several projects.
Alongside supply, affordability remains a major concern. Promotional home-loan interest rates at several banks have continued to rise, with 12-month fixed rates exceeding 10% per year, considerably higher than in the first half of the year. Buyers and investors are therefore paying closer attention to an asset’s real value, cash-flow control and potential for future appreciation. The need for affordable housing is also highlighted by Nam Long ADC’s nearly two-decade pursuit of products that meet real housing demand and purchasing capacity. At the same time, a proposal to expand on-site resettlement when land is reclaimed for commercial housing projects adds another issue to discussions on amendments to the Land Law. Transit-oriented development is also drawing attention, as home prices around metro stations risk exceeding the reach of regular public transport users, creating demand for more affordable apartments under the TOD model.
Elsewhere, Novaland and its contractor consortium broke ground on more than 500 low-rise homes in the Phoenix North subdivision of Aqua City on August 27. Monrei Saigon’s A1 tower has reached the 20th floor and is scheduled for handover in January 2028. A 120-minute livestream selling resort apartments at Crystal Holidays Harbour Van Don attracted nearly 400,000 viewers. In Phu Quoc, long-term ownership apartments are gaining attention due to limited supply, economic and tourism potential, and real housing demand. Tay Ninh has additional room to develop integrated tourism urban areas, while Vinhomes is referencing the Blue Zones model in developing prosperous urban communities. One Central Saigon aims to become a new landmark destination in central Ho Chi Minh City. Stories about renovating a 20-year-old apartment, incorporating fired clay bricks into a 310-square-meter home, and evaluating legal conditions, investment costs and expected operating efficiency when investing in commercial and service apartments further reflect the market’s diversity.
Alongside supply, affordability remains a major concern. Promotional home-loan interest rates at several banks have continued to rise, with 12-month fixed rates exceeding 10% per year, considerably higher than in the first half of the year. Buyers and investors are therefore paying closer attention to an asset’s real value, cash-flow control and potential for future appreciation. The need for affordable housing is also highlighted by Nam Long ADC’s nearly two-decade pursuit of products that meet real housing demand and purchasing capacity. At the same time, a proposal to expand on-site resettlement when land is reclaimed for commercial housing projects adds another issue to discussions on amendments to the Land Law. Transit-oriented development is also drawing attention, as home prices around metro stations risk exceeding the reach of regular public transport users, creating demand for more affordable apartments under the TOD model.
Elsewhere, Novaland and its contractor consortium broke ground on more than 500 low-rise homes in the Phoenix North subdivision of Aqua City on August 27. Monrei Saigon’s A1 tower has reached the 20th floor and is scheduled for handover in January 2028. A 120-minute livestream selling resort apartments at Crystal Holidays Harbour Van Don attracted nearly 400,000 viewers. In Phu Quoc, long-term ownership apartments are gaining attention due to limited supply, economic and tourism potential, and real housing demand. Tay Ninh has additional room to develop integrated tourism urban areas, while Vinhomes is referencing the Blue Zones model in developing prosperous urban communities. One Central Saigon aims to become a new landmark destination in central Ho Chi Minh City. Stories about renovating a 20-year-old apartment, incorporating fired clay bricks into a 310-square-meter home, and evaluating legal conditions, investment costs and expected operating efficiency when investing in commercial and service apartments further reflect the market’s diversity.