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 ground on a VND1.6 trillion resort in Vinh Hy, including villas, restaurants and a spa. In Hanoi, a company proposed transforming a garment factory in Vinh Tuy Ward into a 26-story upscale housing complex with investment capital of more than VND3 trillion. T&T Group proposed studying four planning schemes in Tuyen Quang, including a 6,000-hectare plan for the Dong Van ancient town and Lung Cu flagpole area. Industrial real estate continued to benefit from strong FDI disbursement as Prodezi Industrial Park in Tay Ninh welcomed three new projects worth approximately USD24 million in total. A Singaporean investor contributed USD20 million to build Leachan Vietnam’s yarn manufacturing plant.
Across urban and resort markets, Kinera, a member of Kim Oanh Group, partnered with Longfor to plan the nearly 50-hectare One Era urban area in northeastern Ho Chi Minh City. Phu My Hung is preparing to introduce Triton Crown, a 297-unit apartment project at Crescent Lake, on September 26. Rising demand for high-quality housing in Hai Phong is creating room for projects such as Anmaison, while southern Da Nang is gaining momentum from infrastructure improvements and the formation of residential communities. New living models are also drawing attention, including co-housing for older people and the Heritage Life Center senior care facility at Legacy Nexus in Phu Tho, along with projects emphasizing green spaces, riverside settings and resort-style amenities. In design and sales, developers are increasingly integrating cultural influences, resort-inspired homes and exhibition spaces into sales venues. Buyers are advised to carefully assess psychological factors, living experience and liquidity before purchasing apartments overlooking cemeteries, even when prices are more than VND500 million lower.
In project developments, Khanh Hoa broke ground on a VND1.6 trillion resort in Vinh Hy, including villas, restaurants and a spa. In Hanoi, a company proposed transforming a garment factory in Vinh Tuy Ward into a 26-story upscale housing complex with investment capital of more than VND3 trillion. T&T Group proposed studying four planning schemes in Tuyen Quang, including a 6,000-hectare plan for the Dong Van ancient town and Lung Cu flagpole area. Industrial real estate continued to benefit from strong FDI disbursement as Prodezi Industrial Park in Tay Ninh welcomed three new projects worth approximately USD24 million in total. A Singaporean investor contributed USD20 million to build Leachan Vietnam’s yarn manufacturing plant.
Across urban and resort markets, Kinera, a member of Kim Oanh Group, partnered with Longfor to plan the nearly 50-hectare One Era urban area in northeastern Ho Chi Minh City. Phu My Hung is preparing to introduce Triton Crown, a 297-unit apartment project at Crescent Lake, on September 26. Rising demand for high-quality housing in Hai Phong is creating room for projects such as Anmaison, while southern Da Nang is gaining momentum from infrastructure improvements and the formation of residential communities. New living models are also drawing attention, including co-housing for older people and the Heritage Life Center senior care facility at Legacy Nexus in Phu Tho, along with projects emphasizing green spaces, riverside settings and resort-style amenities. In design and sales, developers are increasingly integrating cultural influences, resort-inspired homes and exhibition spaces into sales venues. Buyers are advised to carefully assess psychological factors, living experience and liquidity before purchasing apartments overlooking cemeteries, even when prices are more than VND500 million lower.