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 to billions of dong but remain difficult to sell. For small apartments, open-plan layouts and multifunctional furniture are being used to optimize living, working and storage space within a 27-square-meter unit.
Regarding supply and urban development, Ho Chi Minh City has established the Chau Duc Industrial Cluster, covering more than 32 hectares in Binh Gia Commune, with investment capital exceeding VND 405 billion to serve relocation and production expansion needs. Lotte Eco Smart City Thu Thiem is expected to resume construction of two commercial and service blocks on October 23, with a total floor area of more than 171,000 square meters. In Hanoi, the Minh Duc Housing Project in Me Linh Commune is expected to receive social housing applications from October 24, with prices starting at VND 1.6 billion per unit, equivalent to nearly VND 24 million per square meter. Lam Dong has also announced 458 social housing units for workers at Ham Kiem 1 Industrial Park, priced from VND 613 million to nearly VND 1.49 billion, while 35 surplus public properties and land plots following the merger have been placed on a 10-year leasing list. Bac Ninh aims to complete and put into use 72.62 million square meters of floor area by 2030, equivalent to 511,600 commercial housing units. Nationwide, more than 3,400 real estate projects have had their difficulties resolved, unlocking more than VND 2.5 quadrillion in capital.
In the urban, tourism and resort segment, Sun Group plans to invest VND 16 trillion in the U Bo Mountain and Thac Chuoi Lake eco-tourism complex in Quang Tri. The project covers more than 167 hectares and is expected to include five cable car lines connecting the foothill area with a central station. Meypearl Harmony is presented as having long-term ownership legal status, proximity to major transport infrastructure such as the LRT line, and existing amenities in Phu Quoc. Van Phuc City continues to leverage its location along National Highway 13, with three sides bordering the Saigon River and an urban setting connected to transport infrastructure, waterways and existing amenities. Meanwhile, The Elite show house at Charmora City in Nam Nha Trang showcases an ecological riverside living space together with resort amenities. The Nam Long Experience 2026 exhibition attracted more than 10,000 visitors over three days from September 18 to 20, while riverside apartments along the Han River are expected to benefit from Da Nang’s policies to attract high-quality international personnel.
Regarding supply and urban development, Ho Chi Minh City has established the Chau Duc Industrial Cluster, covering more than 32 hectares in Binh Gia Commune, with investment capital exceeding VND 405 billion to serve relocation and production expansion needs. Lotte Eco Smart City Thu Thiem is expected to resume construction of two commercial and service blocks on October 23, with a total floor area of more than 171,000 square meters. In Hanoi, the Minh Duc Housing Project in Me Linh Commune is expected to receive social housing applications from October 24, with prices starting at VND 1.6 billion per unit, equivalent to nearly VND 24 million per square meter. Lam Dong has also announced 458 social housing units for workers at Ham Kiem 1 Industrial Park, priced from VND 613 million to nearly VND 1.49 billion, while 35 surplus public properties and land plots following the merger have been placed on a 10-year leasing list. Bac Ninh aims to complete and put into use 72.62 million square meters of floor area by 2030, equivalent to 511,600 commercial housing units. Nationwide, more than 3,400 real estate projects have had their difficulties resolved, unlocking more than VND 2.5 quadrillion in capital.
In the urban, tourism and resort segment, Sun Group plans to invest VND 16 trillion in the U Bo Mountain and Thac Chuoi Lake eco-tourism complex in Quang Tri. The project covers more than 167 hectares and is expected to include five cable car lines connecting the foothill area with a central station. Meypearl Harmony is presented as having long-term ownership legal status, proximity to major transport infrastructure such as the LRT line, and existing amenities in Phu Quoc. Van Phuc City continues to leverage its location along National Highway 13, with three sides bordering the Saigon River and an urban setting connected to transport infrastructure, waterways and existing amenities. Meanwhile, The Elite show house at Charmora City in Nam Nha Trang showcases an ecological riverside living space together with resort amenities. The Nam Long Experience 2026 exhibition attracted more than 10,000 visitors over three days from September 18 to 20, while riverside apartments along the Han River are expected to benefit from Da Nang’s policies to attract high-quality international personnel.