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The real estate market has recorded a series of notable developments in major cities and areas with tourism potential. In Ho Chi Minh City, riverside apartment prices have risen sharply over the past five years, reaching VND 500-650 million per square meter in some locations as land along the Saigon River becomes increasingly scarce. The city has also set rental prices for 10 public land sites in the former Binh Duong area, covering more than 61 hectares in total, while awaiting long-term land-use plans. In addition, more than 380 hectares of cleared land in the Long Thanh urban, commercial and service area is ready to be auctioned for land-use rights. The Ho Chi Minh City Land Registration Office has also proposed canceling tax assessment information for a number of social housing apartments because their developers were slow to complete the required documents. In the policy and affordable housing segment, HoREA has proposed allowing residents to exchange adjacent land areas and exe...

Social housing remains a major focus of the property market, with several notable developments. Da Nang has begun accepting applications for 277 homes at the Hoa Hiep 4 resettlement area, with a selling price of more than VND 19.4 million per square meter. In Nen h Ward, Bac Ninh City, more than 800 social housing units are priced at nearly VND 24 million per square meter, equivalent to at least VND 758 million per unit. Meanwhile, the Ho Chi Minh City Land Registry Office has proposed canceling tax assessment information for a number of social housing apartments because the developer was slow to complete the required documents. These developments underline the need for buyers to consider not only selling prices, but also application requirements and related financial obligations. In the commercial and resort segments, Tower F2 of FourS Tower in Da Nang recorded 1,369 reservations after its launch event. Other projects are also targeting diverse accommodation demand. Park Residence a...

The real estate market is seeing a series of new proposals and projects across the urban, resort, housing and industrial property segments. In Hanoi, a company affiliated with Sun Group has proposed investing in the Ba Vi ecological tourism complex, including a safari component spanning more than 580 hectares. The city has also handed over more than 270 hectares in Thu Lam Commune, Dong Anh, to Song Hong Future Group for a multi-purpose urban area, while more than 8 hectares has been allocated to Thai Ha Company for a housing project for police officers and soldiers. In Tay Ho Tay, coordinated planning, gradually improving infrastructure, a large land fund and spacious workplaces are considered factors increasing the area’s appeal to businesses seeking Grade A offices. Meanwhile, a garment factory in Vinh Tuy Ward could be converted into a 26-story high-end housing complex, with proposed investment capital exceeding VND 3 trillion. T&T Group has also proposed studying four planning...

The real estate market recorded notable developments across the housing, resort and industrial segments. In Ho Chi Minh City, HoREA proposed that electricity and water services should not be cut off for homes where owners are legally residing, even if the properties have construction violations related to renovation or repair work. The city’s People’s Committee also authorized commune, ward and special administrative area authorities to determine selling prices for resettlement housing built with state investment, with the policy applicable through the end of 2030. The Ministry of Construction proposed expanding the group of real estate business contracts eligible for transfer, including houses and completed structures that do not yet have land-use certificates. Meanwhile, buyers were advised to carefully calculate all remaining financial obligations after transactions involving “free home” advertisements in order to limit risks linked to previous owners. In southern Ho Chi Minh City...

Today’s real estate market saw notable developments across policy, planning and project development. The Ministry of Construction proposed expanding the group of real estate business contracts eligible for transfer, including contracts for houses and completed structures without red title certificates. In Ho Chi Minh City, the municipal government authorized commune-, ward- and special administrative zone-level authorities to determine selling prices for state-funded resettlement housing, with the policy applicable through the end of 2030. The city also addressed obstacles in subdividing residential land interspersed with agricultural land, allowing owners who separate the residential portion not to be required to meet minimum area requirements for the accompanying agricultural land. However, HoREA warned that legal gaps concerning land subdivision could be exploited for illegal plot splitting and sales, increasing fraud risks for buyers. In project developments, Khanh Hoa broke grou...

Today’s real estate market saw a series of large-scale planning and urban development proposals. Bau Hien’s T&T Group proposed studying four planning projects in Tuyen Quang, including the Dong Van ancient town and Lung Cu Flag Tower area covering 6,000 hectares. In Hung Yen, the Pho Hien commercial port project spans more than 1,708 hectares and is planned to include four functional zones aimed at recreating the vibrant trading space of the past. In northeastern Ho Chi Minh City, Kinera, a member of Kim Oanh Group, is cooperating with Longfor to plan the nearly 50-hectare One Era urban area. In industrial real estate, Prodezi Industrial Park in Tay Ninh attracted three additional projects over the past two months, with total investment of approximately 24 million USD. Of this amount, a Singaporean investor committed 20 million USD to build the Leachan Vietnam fiber manufacturing plant. Real estate in southern Da Nang is also seen as having additional room for growth as transport...

The real estate market continues to see notable developments in legal issues, policy and housing accessibility. HoREA warned that legal gaps in land parcel separation are being exploited by individuals posing as private sellers to illegally subdivide and sell plots, shifting the risk of fraud onto buyers. In the social housing segment, the Ho Chi Minh City Real Estate Association proposed restoring residency requirements to reduce overcrowding and limit competition for units. Several associations and businesses also proposed allowing developers to collect a 5% deposit as soon as a project begins construction, instead of waiting until the foundation is completed and other current sales conditions are met. Meanwhile, the Government proposed abolishing the 0.2% tax rate on encroached land, while experts said the criteria for identifying abandoned land must be clarified to avoid placing additional burdens on projects facing objective obstacles. In terms of prices and demand, apartments i...

The real estate market continues to record notable developments in prices, supply and policy. In former Binh Duong, apartments that were once commonly priced at VND 35-40 million per square meter now have an average price of up to VND 60 million per square meter, making units below VND 45 million per square meter increasingly difficult to find. Meanwhile, many homebuyers in Ho Chi Minh City are willing to leave central areas for suburban locations and new urban zones, where they can find larger spaces and more suitable prices. Although housing supply in Ho Chi Minh City and several localities has increased significantly and purchasing demand has cooled, primary home prices remain high because product structures, development costs and profit expectations have not changed. In Hanoi, the Minh Duc social housing project in Me Linh Commune is expected to receive applications from October 24, with prices starting at VND 1.6 billion per unit, equivalent to nearly VND 24 million per square met...

The real estate market is seeing notable developments in policy, housing supply and demand. For old apartment buildings constructed in 1994 or earlier, apartment owners may receive compensation in the form of housing, land or money when the buildings are demolished, but they are not allowed to contribute funds themselves to rebuild them. Residents’ ownership rights also do not automatically disappear when an apartment building reaches the end of its service life, while the legally defined service life of a building is at least 50 years. In Ho Chi Minh City, many homebuyers are willing to leave central areas to seek larger living spaces and more suitable prices in suburban areas and new urban developments. However, although supply in Ho Chi Minh City and many localities has increased sharply, primary housing prices remain high because product structures, development costs and profit expectations have not changed. Some affordable apartments have been discounted by several hundred million...

The real estate market is witnessing notable developments across several localities. From now until 2030, Bac Ninh aims to build, complete and put into use 72.62 million square meters of floor area, equivalent to approximately 511,600 commercial housing units. Meanwhile, in the affordable apartment segment, although many units have been discounted by several hundred million dong to as much as one billion dong after a two-year period of rapid price growth, transactions remain difficult because of buyers’ limited purchasing capacity. Experts say suitable prices, affordable products, flexible payment policies and the removal of legal obstacles are important factors in improving market liquidity. The demand for optimized living space is also reflected in small-apartment designs, such as a 27-square-meter apartment using an interconnected layout and multifunctional furniture, or a 43-square-meter house arranged to provide sufficient space for six people through the use of wooden box-like st...

Today’s real estate landscape features notable developments, ranging from efforts to improve liquidity and handle surplus land funds to the promotion of urban, resort and industrial projects. The Ministry of Finance has asked ministries, sectors and localities to accelerate the handling of surplus houses and land following restructuring, prevent them from being left unused and complete the process in 2026. From a market perspective, proposed solutions to improve liquidity include setting suitable selling prices, developing affordable products, applying flexible payment policies and removing legal obstacles. However, the profits of many listed real estate companies are rising mainly through transfers, divestments and financial income, while revenue from core business activities remains weak. Young people also continue to face three major barriers when seeking social housing: financial difficulties, limited information and complicated procedures. In addition, experts say it is necessary ...

The real estate market is seeing notable developments across policy, credit and business activity. In Ho Chi Minh City, outstanding loans for tourism and resort real estate reached approximately VND 30 trillion, accounting for a small share of total real estate credit in the city. The State Bank of Vietnam said additional lending for restaurants, hotels, tourism destinations, ecological projects and resorts would be excluded from this year’s real estate credit growth. On the policy front, the State Audit Office proposed increasing the proportion of owners’ equity and reducing the share of borrowed capital in projects, instead of the current 80-85% loan ratio, with the aim of helping lower housing prices. The Ministry of Construction also proposed seven groups eligible for priority access to rental housing policies, including people with two or more children. At the same time, it proposed removing the right of foreign organizations and individuals to purchase adjoining villas while reta...

The real estate market is seeing notable developments in policy, credit and liquidity. The State Audit Office has proposed increasing the proportion of equity and reducing credit funding in projects, instead of the current 80-85% borrowing level, in order to help lower housing prices. Meanwhile, the State Bank said additional credit for restaurants, hotels, tourism, ecological and resort projects will be excluded from this year's real estate credit growth. The Ministry of Construction has also proposed prioritizing rental housing policies for seven groups, including people with two or more children, while suggesting the removal of provisions allowing foreign organizations and individuals to buy villas and terraced houses, retaining the right to purchase apartments in the draft revised Housing Law. Experts also noted that regulations should clearly identify the party receiving interest and the party paying fees for an escrow account receiving 5% of the final value of the home record...

Vietnam’s real estate market is seeing notable developments in policy, land administration and housing supply. A fine of up to VND 60 million is prompting real estate brokers to complete their professional practice certificates, although some people have finished their courses for months without having an examination schedule. In the draft amended Housing Law, the Ministry of Construction has proposed removing the provision allowing foreign organizations and individuals to purchase villas and adjoining houses, while retaining ownership rights for apartments. In Ho Chi Minh City, nearly 9,400 hectares of land remained unused, including more than 4,700 hectares of land recovered by the State but not yet allocated or leased as of the end of 2025. The city has also requested shorter processing times for land-related applications, support for online submissions and an end to repeated returns of incomplete dossiers. In urban and infrastructure development, Hung Yen expects to complete more...

The real estate market is seeing a series of notable developments in major cities and areas with expanding infrastructure. In Hanoi, the first Takashimaya shopping center is expected to be located in Tay Ho Tay and may begin operations in the third quarter of 2027. Meanwhile, the Hanoi Department of Construction has proposed removing the regulation that limits the existence of buildings with time-limited construction permits to a maximum of five years. In the suburban area, 71 land plots in O Dien Commune were successfully sold for more than VND 374 billion in total, equivalent to an average of over VND 5.2 billion per plot. The Gia Binh 2 International Airport Urban Area, with total investment of more than VND 72 trillion, has also been approved with An Phu Infrastructure and Real Estate Development Joint Stock Company as its investor. At Sun Urban City, the cultural park spanning more than 36 hectares hosted a series of experiential activities on September 12 and is nearing completio...

The real estate market is showing mixed developments in major urban areas. Demand for condominium purchases in Ho Chi Minh City fell 14% in August, while the primary absorption rate was only around 11%, prompting secondary prices at some projects to begin adjusting. On the financial front, VPBank, SHB, Techcombank and MB had combined outstanding loans for real estate businesses of nearly VND 900 trillion, while VIB and TPBank led in growth during the first half of the year. The Ministry of Construction also proposed transferring 5% of the value of a future-formed home, corresponding to the final payment, into a secured account instead of waiting until the pink book is received as under the current practice. In Hanoi, the municipal Department of Construction proposed removing the maximum five-year validity period for buildings issued with time-limited construction permits. Regarding supply and project development, Serena Riverside in Lai Thieu Ward, Ho Chi Minh City, has been launched...

The real estate market is seeing a series of notable policy proposals and developments. The Ministry of Construction has proposed transferring 5% of the value of a future-formed home, corresponding to the final payment, into a secured account instead of waiting until the pink book is received, as is currently the case. The ministry has also proposed allocating land funds for rental housing in wards, areas oriented toward public transport development and locations near universities. In Ho Chi Minh City, authorities have approved the conversion of nearly 10,500 square meters of land for the An Phu urban area, while arranging 128 resettlement homes, land plots and apartments to support site clearance for the Ben Thanh - Can Gio railway and Ring Road 4. More than 145 hectares of land in Binh Duong Ward has also been recovered to enforce a court judgment in a land management violation case involving Binh Duong Production and Import-Export Corporation. In the project and infrastructure seg...

Vietnam’s real estate market is seeing notable developments across housing, urban projects and policy. In Ho Chi Minh City, the municipal authorities have approved the conversion of nearly 10,500 square meters of land for the An Phu urban area, which has a total project area of nearly 1.08 hectares. In Thu Thiem, the Sala urban area has opened sales of nearly 500 high-end Sarene apartments and 56 Savila sky villas after eight years, adding premium supply to the area. In southwestern Ho Chi Minh City, the growth of industrial parks is driving demand for housing, services and amenities, creating further momentum for urbanization. Meanwhile, in Bac Ninh, the Soul Center Van Trung social housing project has been launched with more than 3,200 apartments, while Vingroup’s new urban area in northwestern Bac Ninh City, with total investment of more than VND 41 trillion, is expected to break ground on September 16.

The real estate market is facing clear pressure from high interest rates and slowing purchasing power. Home loan rates commonly ranging from 12% to 14% are making buyers more cautious, while property businesses continue to increase borrowing and accept high capital costs to maintain their projects. Financial pressure is also affecting apartment owners who are considering selling to repay debt or switching to rental arrangements to generate cash flow to offset interest expenses. In the social housing segment, many eligible buyers are concerned about losing their allocation as preferential lending funds become scarce, while scheduled installment payments are approaching. On the policy front, the Ministry of Construction has proposed allocating land for rental housing in areas oriented toward public transport development and around universities. It has also removed the concept of “time-limited apartments” from the latest draft amendment to the Housing Law to avoid misunderstandings about ...

Vietnam’s real estate market is seeing notable developments across asset sales, housing policy, investment demand and infrastructure. VietinBank is offering more than 7,200 square meters of land and attached assets in the new Cau Giay urban area, with a starting price of nearly VND 540 trillion, equivalent to around VND 75 million per square meter. In the social housing segment, many approved buyers are concerned about losing their purchase opportunities as preferential lending funds have run out while scheduled payment deadlines approach. At the Con Dao social housing project, lease-to-own buyers can choose terms from five to 20 years, with after-tax prices ranging from VND 133,000 to VND 354,000 per square meter per month. On the policy front, the Ministry of Construction has removed the concept of “time-limited apartments” from the latest draft of the amended Housing Law to avoid misunderstandings about apartment ownership rights. Local authorities have also been asked to end the ...

Vietnam’s real estate market recorded notable developments in legal procedures, finance and supply. Under Decree 339, a project developer may face a fine of VND 240 million to VND 300 million for accepting contractual payments in cash. The Ministry of Agriculture and Environment has also asked provinces and cities to end the repeated return of land-related applications and strictly handle officials who cause difficulties or give preferential treatment to applications submitted through brokers. In Ho Chi Minh City, authorities have proposed five revenue streams for projects that directly benefit from planning and urban railway infrastructure under the transit-oriented development model. Meanwhile, Hanoi has allowed THT Development Co., Ltd. to sell up to 150 apartments in three towers at Starlake to foreign buyers. In terms of project development, Ho Chi Minh City has leased nearly 4.5 hectares of land at the Saigon Hi-Tech Park to Starmason until 2076 for a super-large data center co...

Vietnam’s real estate market recorded notable developments in legal procedures, finance and project implementation. The Ministry of Agriculture and Environment asked provincial and municipal authorities to end the repeated return of land dossiers and strictly handle officials who cause difficulties or favor applications submitted through brokers. In Ho Chi Minh City, the municipal government proposed five revenue sources from projects that directly benefit from planning and urban railway infrastructure in areas developed under the transit-oriented development model. However, many urban areas in the city still have vacant school land because of handover regulations dating back more than 20 years. Da Nang will continue allocating and leasing land for two urban projects near Hoi An under a special mechanism, while the Angel Island project in Dong Nai has taken another legal step after waiting for implementation for more than 20 years, following the publication of its environmental impact ...

The real estate market recorded notable developments in legal procedures, finance and project progress. In Dong Nai, Angel Island, a more than 200-hectare urban area with total investment of VND 20 trillion, reached a new milestone as the consultation dossier for its environmental impact assessment was made public after more than 20 years of waiting. Meanwhile, the industry’s debt-to-equity ratio rose to 0.72 times at the end of June, the highest level in the past 15 quarters. Financial pressure was also reflected in HDBank’s notice to seize 26 land plots and various property rights belonging to Hoang Quan Real Estate, as the company still owed nearly VND 900 billion to the bank. On the cash flow support side, Izumi City introduced a payment plan allowing buyers to pay 60% to receive their homes, while the next 35% would be guaranteed by the bank and paid according to progress over 24 months. Housing supply and end-user demand remained in focus. Hundreds of social housing units in Ki...

A notable development in the real estate market is the tightening of regulations on transactions and residential use. Under Decree 339, trading floors, brokers and consultancy units that fail to report suspicious or high-value transactions may be fined from VND 40 million to VND 80 million. Using apartments for purposes other than residential use may also result in fines ranging from VND 100 million to VND 130 million. Meanwhile, market demand remains weak, with transaction volumes in several segments falling by 60% to 70% in July as buyers remained cautious about housing prices and borrowing costs. Many real estate companies have had to scale down operations, cut expenses and seek partners to maintain cash flow amid weaker liquidity, higher interest rates and tighter credit controls. In project news, Bcons introduced Bcons Central Park in Tam Hiep Ward, Dong Nai City, covering approximately 2.7 hectares and comprising 2,820 apartments. More than 800 social housing units at the Hoang...

Vietnam’s real estate market continues to show clear differentiation. Purchasing power in July fell by 60-70% across several segments as customers remained cautious about home prices and borrowing costs, while supply in the first half of the year increased by approximately 40%, with most new products concentrated in high-priced areas or locations far from city centers. Secondary apartment prices in several localities have started to adjust, while land prices declined by about 2-3% from the previous quarter, according to the Ministry of Construction. Weak liquidity, rising interest rates and tighter credit controls have also forced many property companies to scale down operations, cut costs and seek partners to maintain cash flow. HoREA said that more than 146,000 condotels and other emerging accommodation property types need to be governed by a unified legal framework. Regarding policy and project development, Thanh Hoa has approved the 1:500 detailed planning for a service urban are...

The domestic real estate market is showing mixed developments. Supply increased by around 40% in the first half of the year, but most products are either high-priced or located far from central areas, while rising borrowing costs continue to make home purchases difficult for many people. Secondary apartment prices have begun to adjust in several localities, while land prices fell by around 2-3% from the previous quarter, according to the Ministry of Construction. In the affordable housing segment, the Hoang Nam Uyen Hung 2 social housing project in Tan Uyen Ward, Ho Chi Minh City, is expected to begin accepting purchase applications in the fourth quarter. The project has more than 800 units, with a provisional price starting at VND 19.8 million per square meter. Meanwhile, HoREA said that more than 146,000 accommodation real estate products, including condotels and new types of lodging, need to be governed by a unified legal framework. Many property companies are still being forced to ...

Vietnam’s real estate market is recording mixed developments. Supply in the first half of the year increased by about 40%, but most products are either high-priced or located far from central areas, while higher borrowing costs continue to make home purchases difficult for many people. In the social housing segment, the Hoang Nam Uyen Hung 2 project in Tan Uyen Ward, Ho Chi Minh City, is expected to accept applications in the fourth quarter, offering more than 800 units at a provisional price from VND 19.8 million per square meter. In Quang Ninh, Vingroup has been approved to sell more than 3,200 low-rise homes at the Ha Long Xanh integrated township. Ho Chi Minh City is also preparing to auction 92 hectares of land in Ben Cat, with a provisional starting price of more than VND 2,756 billion. From the business and investment perspective, declining liquidity, rising interest rates and tighter credit controls are forcing many property companies to scale down operations, cut costs and s...

The real estate market is seeing notable developments in supply, prices and regulatory management. According to the Ministry of Construction, secondary apartment prices in many localities have begun to adjust, while land plot prices fell by around 2 to 3 percent compared with the previous quarter. Although supply increased by approximately 40 percent in the first half of the year, most products are either highly priced or located far from central areas. Higher borrowing costs have also made homeownership difficult for many people. In the social housing segment, Ho Chi Minh City has started construction of the CT-3 project in Binh Hung Commune, adding 342 apartments. Meanwhile, Vinhomes’ more than 600 hectare mixed-use urban area in southern Hanoi is expected to include resettlement housing, social housing and commercial housing for more than 105,000 residents. Regarding project supply and investment activity, the Quang Ninh Department of Construction approved Vingroup’s sale of more ...

The domestic real estate market is showing mixed developments. According to the Ministry of Construction, secondary apartment prices in many localities have begun to adjust, while land plot prices fell by about 2-3% from the previous quarter. Foreign direct investment into real estate continues to rise but is becoming increasingly selective, focusing on projects with practical operating efficiency. At the same time, some businesses still have to wait years to complete land price determination despite already having land lease decisions, significantly shortening the actual project exploitation period. For time-limited real estate ownership, the ability to generate cash flow and preserve asset value during the usage period is being considered alongside location, legal status and market demand. Regarding supply and policy, the Quang Ninh Department of Construction approved Vingroup's sale of more than 3,200 low-rise homes at the Ha Long Xanh Complex Urban Area. Ho Chi Minh City gain...

The real estate market is recording notable developments in land-related procedures, auctions, housing development and investment capital. One major concern is the situation in which businesses have received land lease decisions but still have to wait years to complete land price determination, significantly shortening the actual time available to operate their projects. Meanwhile, from September 1, every land parcel and construction project will receive a unique 12-digit identification code displayed on VNeID under Decree 326. In Ho Chi Minh City, the minimum area for land parcel separation is set at 36 to 100 square meters depending on the area. The city is also preparing to auction 92 hectares of land in Ben Cat, with a provisional starting price of more than VND 2,756 billion. Eight land parcels in the Cau Giay new urban area are also expected to be auctioned, with starting prices ranging from VND 15.3 billion to VND 40.8 billion per lot. In project development, the Quang Ninh De...