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Riverside real estate in Ho Chi Minh City faces high scarcity
Savills Vietnam reports that riverside real estate in Ho Chi Minh City is becoming an increasingly scarce and high-value asset class. Due to the depletion of waterfront land in central districts like District 1 and Binh Thanh, new supply is shifting toward eastern peninsulas such as Thu Thiem and Thanh My Loi, as well as southern areas.
This scarcity, combined with major infrastructure developments like the Metro line, contributes to high liquidity and strong resistance to inflation. According to Savills statistics, riverside apartment projects with direct river views typically command prices 20% to 40% higher than inland projects, with some luxury segments seeing premiums between 50% and 80%.
Long-term urban planning for Ho Chi Minh City aims to transition the city from a model that turns away from the sea to a true riverside and coastal urban model, opening new development spaces for waterfront real estate.