The real estate market is seeing notable developments in Ho Chi Minh City and Hanoi. Toward the end of the year, a wave of shophouse tenants returning premises has intensified in Ho Chi Minh City as many brands face business difficulties. In contrast, the city has proposed shortening the approval process for social housing projects by removing the requirement for subdivision planning, with the aim of expanding land availability and increasing supply. Ho Chi Minh City is also planning a logistics hub network at 10 major gateways, including Cat Lai, Long Binh, Linh Trung, Hiep Phuoc, Cu Chi, Hoc Mon and Tan Son Nhat Airport. However, VARS warned that applying a land price table with the K coefficient could raise land-use fees at some projects by two to 2.6 times, putting pressure on investment costs and real estate supply.
In Hanoi, more than 6 hectares of land near Giap Bat Bus Station is being converted for a shopping center and parking facilities. The Bac Thang Long Urban City project in Dong Anh has received approval in principle, with nearly 50 hectares allocated for resettlement housing. The capital is also preparing to receive applications for more than 300 social housing units near Hoa Lac Hi-Tech Park, with prices starting at VND 880 million per unit. In the hospitality sector, Hanoi’s hotel market is expected to gain more than 7,000 rooms from 2027, coming from 48 new projects.
In the commercial and low-rise housing segments, One Era has introduced 357 townhouses and shophouses within an urban development of nearly 50 hectares, while Sun Property has begun handing over the first Casa Villa units at Blanca City. Van Phuc Group is offering Diamond Sky buyers a chance to receive an apartment valued at nearly VND 8 billion through a promotion running until November 1, 2027. Lusso Saigon WorldHotels Residences was honored at the Vietnam Property Value Chain Awards 2026 for its potential to generate cash flow. Other developments, including villas, homes designed around green spaces, the resort-style amenities at Q'Terra and partnerships between foreign investors and Vietnamese companies, further highlight the market’s diversity. Experts also noted that a proposal to restrict transfers of future homes could affect liquidity and buyers’ rights.
In Hanoi, more than 6 hectares of land near Giap Bat Bus Station is being converted for a shopping center and parking facilities. The Bac Thang Long Urban City project in Dong Anh has received approval in principle, with nearly 50 hectares allocated for resettlement housing. The capital is also preparing to receive applications for more than 300 social housing units near Hoa Lac Hi-Tech Park, with prices starting at VND 880 million per unit. In the hospitality sector, Hanoi’s hotel market is expected to gain more than 7,000 rooms from 2027, coming from 48 new projects.
In the commercial and low-rise housing segments, One Era has introduced 357 townhouses and shophouses within an urban development of nearly 50 hectares, while Sun Property has begun handing over the first Casa Villa units at Blanca City. Van Phuc Group is offering Diamond Sky buyers a chance to receive an apartment valued at nearly VND 8 billion through a promotion running until November 1, 2027. Lusso Saigon WorldHotels Residences was honored at the Vietnam Property Value Chain Awards 2026 for its potential to generate cash flow. Other developments, including villas, homes designed around green spaces, the resort-style amenities at Q'Terra and partnerships between foreign investors and Vietnamese companies, further highlight the market’s diversity. Experts also noted that a proposal to restrict transfers of future homes could affect liquidity and buyers’ rights.