Skip to main content

Daily real estate briefing: Market divergence as infrastructure and policy create new momentum

The real estate market is showing mixed developments. In Ho Chi Minh City and Binh Duong, slow liquidity and high capital costs are prompting some investors to resell apartments and accept lower profit expectations to recover capital. Meanwhile, riverside apartment prices in cities have risen sharply over the past five years, reaching 500 to 650 million VND per square meter in some locations as land along the Saigon River becomes increasingly scarce and new projects continue to establish higher price levels. Some projects are offering buyer support policies, such as The Westique Residences, which provides a maximum discount of 13.1% for customers making fast payments, together with extended payment schedules and interest waivers. In Da Nang, studio apartments along the Han River, starting from 1.8 billion VND, are being introduced for rental exploitation.

In planning and project development, Hanoi has converted more than 6,000 square meters of land near the foot of Vinh Tuy Bridge for the UDIC Riverside 2 housing and service complex. Hai Phong aims to attract investment in 52 housing projects covering approximately 2,000 hectares through 2030. Northeastern Ho Chi Minh City is expected to gain greater appeal from major infrastructure works, including the expansion of National Highway 13, the Ho Chi Minh City, Chon Thanh expressway, metro routes to the city center and ring roads. BIM Group wants to study investment opportunities in resorts, urban areas and services in Moc Chau, while TH Group has proposed a 960-hectare coastal ecological tourism project in eastern Dak Lak, with expected capital of 28 trillion VND. Vinhomes will also raise the total investment in its urban project along Cam Ranh Bay from 85.3 trillion to 194 trillion VND. In the high-end segment, SonKim Land and its partners held the topping-out ceremony for Tower A of The OpusK at The Metropole Thu Thiem on September 30.

Regarding policy and land management, the Government Inspectorate identified thousands of public housing and land facilities in Da Nang with incomplete records, long-term vacancies, encroachment or improper use. The Government has proposed adding three cases in which the State may recover land for socioeconomic development, including rental housing projects, while requiring local authorities to raise the target for social rental housing to more than 191,000 units and reduce the proportion of homes for sale over the next four years. Dong Nai determined that seven of Aqua City's eight subdivisions would not incur additional land-use fees after planning adjustments. Experts have also proposed allowing overseas Vietnamese to directly register inherited land-use rights. Housing designs are likewise focusing on optimizing space, from a 20-square-meter house with changing functions on each floor to a 50-square-meter home within a multigenerational family compound.

Contact us for consultation

Name

Email *

Message *

Popular posts from this blog

HCMC Apartment Prices Reach an Average of 91 Million VND/m², Up 36% in Q4 2024

HCMC Apartment Prices Reach an Average of 91 Million VND/m², Up 36% in Q4 2024 According to Savills Vietnam's 2024 real estate market report , the average price of apartments in Ho Chi Minh City (HCMC) in Q4 2024 reached 91 million VND/m² (excluding taxes and fees), marking a 36% increase from the previous quarter and a 33% increase year-over-year . This is a new record high for the city's apartment segment. Previously, Avison Young Vietnam reported that 90% of the new supply launched in HCMC in the last three months of 2024 was priced between $3,000 - $5,000/m² (approximately 75 - 120 million VND/m²) . Meanwhile, data from OneHousing (a subsidiary of Techcombank) indicated that the average primary sale price in Q4 was about 85 million VND/m² , with nearly 40% of the supply in the luxury segment , priced between 120 - 290 million VND/m² . Reasons Behind the Sharp Price Increase Savills attributed the price surge mainly to the dominance of high-end apartments in the new...

Residential Land Prices in Hanoi Rise Over 30%

 Over the past year, residential land prices in several suburban districts such as Long Bien and Gia Lam have increased by more than 30% year-on-year, according to a report from OneHousing. OneHousing, a market research unit backed by Techcombank and Masterise, noted that both land prices and transaction volumes in Hanoi saw significant growth last year. In 2024, the total number of transactions reached approximately 42,000. Liquidity in this segment peaked in the second quarter before gradually declining toward the end of the year. In the fourth quarter alone, the western area (Cau Giay, Bac Tu Liem, Nam Tu Liem, Ha Dong) led with 3,500 transactions, while the eastern area (Long Bien, Gia Lam) recorded about 2,900 deals. Land prices in other areas also experienced strong growth, ranging between 17-33% over the past year. Specifically, in the east, the average land price in Long Bien was around 130-150 million VND per square meter, while in Gia Lam, it ranged from 40-60 million VND...

Medical Wellness Resorts – A New Trend in Healthcare Real Estate Investment

  A Medical Wellness Resort (or Hospital Resort ) is a model that combines an internationally standardized hospital with a high-end resort, providing specialized medical services in a relaxing, health-recovering environment. This model is already well-established in developed countries such as Thailand, South Korea, and Japan and is gradually becoming a new trend in Vietnam . Potential for Developing Medical Wellness Resorts in Vietnam Vietnam possesses several advantages for developing healthcare real estate integrated with wellness tourism: Low-cost, high-quality healthcare : Medical services in Vietnam are increasingly meeting international standards while costing only 30–50% of those in developed countries . Strategic geographical location : Vietnam is near high-demand markets such as China, Japan, South Korea, and Australia , attracting visitors seeking medical treatment. Ideal climate and natural landscapes : Destinations like Da Nang, Nha Trang, Phu Quoc, and Da Lat of...
Update cookies preferences