started · updated
Ho Chi Minh City real estate supply rises amid liquidity challenges
The real estate market in Ho Chi Minh City is experiencing a divergence between rising supply and stagnant liquidity. According to Nguyễn Văn Đính, Chairman of the Vietnam Real Estate Association, apartments accounted for roughly 70% of the total real estate supply in the first eight months of 2026. While supply is improving due to legal reforms and social housing initiatives, high prices and interest rates are limiting buyer purchasing power.
Average apartment prices in Ho Chi Minh City have reached approximately 108 million VND per square meter, a level that exceeds the affordability of many actual residents. This has shifted investor behavior from seeking rapid price appreciation to focusing on real value and long-term utility.
Broadly, the Vietnamese investment landscape in September 2026 shows shifting preferences. Investors are seeking balance across portfolios as gold prices experience volatility—with SJC gold dropping 1.6 million VND per tael in early September—and bank deposit rates become more attractive. Meanwhile, the VN-Index has climbed above 1,800 points, though valuation pressures remain a factor.
Entities
Ho Chi Minh City · Nguyễn Văn Đính · SJC · VN-Index · Vietnam Real Estate Association
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The VN-Index has surpassed 1,800 points.
- [○ 1 SOURCE] Apartments accounted for approximately 70% of the total real estate supply from recent projects during the first eight months of 2026. doanhnghiephoinhap.vn
- [○ 1 SOURCE] Real estate supply in Ho Chi Minh City is improving due to the resolution of legal and institutional obstacles and the promotion of social housing. doanhnghiephoinhap.vn
- [○ 1 SOURCE] The average apartment price in Ho Chi Minh City has reached approximately 108 million VND per square meter. doanhnghiephoinhap.vn
- [○ 1 SOURCE] Increased real estate supply has not been met with a corresponding increase in liquidity due to high prices and interest rates. doanhnghiephoinhap.vn
- [○ 1 SOURCE] SJC gold bar prices decreased by approximately 1.6 million VND per tael between September 5 and September 7, 2026.