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 Department of Construction has approved Vingroup’s sale of more than 3,200 low-rise homes at the Ha Long Xanh complex urban area. Ho Chi Minh City is adding 342 social housing apartments through the CT-3 project in Binh Hung Commune, while Vinhomes’ more than 600-hectare multifunctional urban area in southern Hanoi is expected to include resettlement housing, social housing and commercial housing for more than 105,000 people. In Tay Ninh, the approximately 336-hectare Tan Lan 3 Industrial Park has been approved with total investment capital of VND 8,450 billion. Da Nang is also launching a series of key industrial park projects in the south with total investment reaching thousands of billions of dong. Notably, the nearly 200-hectare FPT Digital Technology Park urban area is expected to put its first component into operation from 2027, while the 121-kilometer Hanoi to Ha Long high-speed railway project will require more than 568 hectares of land.
Foreign direct investment in real estate continues to rise but is becoming increasingly selective, focusing on projects with practical operating efficiency. Investors also need to consider the cash flow potential and asset value during the usage period of time-limited property ownership, alongside location, legal status and market demand. Concerns over housing affordability near metro stations, the need for reasonably priced apartments under transit-oriented development, the trend toward homes less dependent on technology and architectural spaces inspired by Yayoi Kusama indicate that the market is becoming more practical, diverse and focused on living experience.
In project development, the Quang Ninh Department of Construction has approved Vingroup’s sale of more than 3,200 low-rise homes at the Ha Long Xanh complex urban area. Ho Chi Minh City is adding 342 social housing apartments through the CT-3 project in Binh Hung Commune, while Vinhomes’ more than 600-hectare multifunctional urban area in southern Hanoi is expected to include resettlement housing, social housing and commercial housing for more than 105,000 people. In Tay Ninh, the approximately 336-hectare Tan Lan 3 Industrial Park has been approved with total investment capital of VND 8,450 billion. Da Nang is also launching a series of key industrial park projects in the south with total investment reaching thousands of billions of dong. Notably, the nearly 200-hectare FPT Digital Technology Park urban area is expected to put its first component into operation from 2027, while the 121-kilometer Hanoi to Ha Long high-speed railway project will require more than 568 hectares of land.
Foreign direct investment in real estate continues to rise but is becoming increasingly selective, focusing on projects with practical operating efficiency. Investors also need to consider the cash flow potential and asset value during the usage period of time-limited property ownership, alongside location, legal status and market demand. Concerns over housing affordability near metro stations, the need for reasonably priced apartments under transit-oriented development, the trend toward homes less dependent on technology and architectural spaces inspired by Yayoi Kusama indicate that the market is becoming more practical, diverse and focused on living experience.