Vietnam's real estate market enters selective recovery phase in 2026

At a conference organized by CafeF on 26 June, Vietnamese real‑estate experts outlined a shift toward a “selective recovery” in the second half of 2026. Supply is rising sharply, with large‑scale projects that have not been seen before, but sales remain cautious as demand has not fully caught up and financing costs stay high.

The market is fragmenting: low‑price apartments (under VND 25 m per m²) have vanished from primary sales, while mid‑range units have fallen and high‑end apartments (VND 50‑80 m per m²) now dominate transactions, making up more than half of sales. Buyers are no longer driven by speculative price hopes; they prioritize legal transparency, solid developer financing, and verified infrastructure. According to Savills Vietnam’s housing director, purchasers now assess developers’ track records, financial health and long‑term asset sustainability before committing funds.

Developers that combine strong capital, clear legal status and the ability to deliver projects on schedule are expected to lead market liquidity, while those lacking these attributes may struggle as buyer confidence tightens.