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 repeated return of land-related dossiers and strictly handle officials who cause difficulties or give preferential treatment to applications submitted through brokers. Under Decree 339, real estate project developers may face fines of VND 240 million to VND 300 million for accepting contractual payments in cash. Meanwhile, Ho Chi Minh City has leased nearly 4.5 hectares at the Saigon Hi-Tech Park to Starmason JSC for a super-large data center complex, with the lease term lasting until 2076.
From a market perspective, high borrowing rates are prompting resort property investors to prioritize functionality, operating capacity and stable customer sources. Industrial parks continue to drive demand for housing, services and amenities in southwestern Ho Chi Minh City. In southern Nha Trang, Ring Road 3, with investment exceeding VND 2.24 trillion, together with the new administrative center, is expanding the city’s development space and creating advantages for Charmora City. Alora Nha Trang, part of the Libera Nha Trang complex, is developing dining, entertainment and relaxation experiences from the podium to the rooftop to serve visitors after sunset. Da Nang is also benefiting from rising international visitor and foreign expert flows, creating additional accommodation potential for FourS Tower. In addition, Keppel had 10,109 unsold homes in Vietnam by the end of the second quarter, accounting for 32% of its inventory across markets. Developers such as T&T Homes and Masterise Homes continue to emphasize local identity, international experience, technology, construction progress, handover quality and project operations.
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 repeated return of land-related dossiers and strictly handle officials who cause difficulties or give preferential treatment to applications submitted through brokers. Under Decree 339, real estate project developers may face fines of VND 240 million to VND 300 million for accepting contractual payments in cash. Meanwhile, Ho Chi Minh City has leased nearly 4.5 hectares at the Saigon Hi-Tech Park to Starmason JSC for a super-large data center complex, with the lease term lasting until 2076.
From a market perspective, high borrowing rates are prompting resort property investors to prioritize functionality, operating capacity and stable customer sources. Industrial parks continue to drive demand for housing, services and amenities in southwestern Ho Chi Minh City. In southern Nha Trang, Ring Road 3, with investment exceeding VND 2.24 trillion, together with the new administrative center, is expanding the city’s development space and creating advantages for Charmora City. Alora Nha Trang, part of the Libera Nha Trang complex, is developing dining, entertainment and relaxation experiences from the podium to the rooftop to serve visitors after sunset. Da Nang is also benefiting from rising international visitor and foreign expert flows, creating additional accommodation potential for FourS Tower. In addition, Keppel had 10,109 unsold homes in Vietnam by the end of the second quarter, accounting for 32% of its inventory across markets. Developers such as T&T Homes and Masterise Homes continue to emphasize local identity, international experience, technology, construction progress, handover quality and project operations.