Binh Duong New City emerges as growth pole for Ho Chi Minh City

The real estate market in the Northeast region of Ho Chi Minh City, formerly part of Binh Duong, is emerging as a significant growth pole. Having attracted approximately $40 billion in foreign investment through over 4,200 projects over the last two decades, the area provides a strong foundation for residential, commercial, and service demands.

While the market supply is currently dominated by apartments, townhouses are becoming increasingly scarce and sought after by investors. According to CBRE statistics for the second quarter of 2026, Ho Chi Minh City recorded 6,753 apartment units for sale compared to only 2,067 townhouse units.

In the Northeast area, townhouse prices remain relatively accessible, ranging from 40 to 150 million VND per square meter. Investors are prioritizing townhouses due to their multi-functional nature, offering opportunities for residence, business operations, and rental income, alongside potential for long-term value appreciation as infrastructure and commercial services expand.