< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

10 clusters · 19 sources · 69 days · First seen · Last updated

Ho Chi Minh City real estate market trends

Overview

The real estate market in Ho Chi Minh City continues to face a divergence between rising supply and liquidity challenges. While legal reforms and social housing initiatives have helped improve supply, apartments accounted for roughly 70% of total real estate supply in the first eight months of 2026. Average apartment prices have reached approximately 108 million VND per square meter, a level that exceeds the affordability of many residents. Transaction volumes have seen a significant decline, with Hoàng Liên Sơn, General Director of Alpha Real, noting that volumes decreased by approximately 50-60% compared to the beginning of the year. Market dynamics are shifting due to urban expansion. In the expanded market area, average primary apartment prices have dropped to 76 million VND/m2, down from 92 million VND/m2 in the original city area. Additionally, southern districts—including Nha Be and Binh Chanh—are now expected to account for over 50% of the city’s projected 21,000 new apartments this year, a reversal from previous trends where the east dominated supply. A pricing paradox has also emerged in areas like Binh Hoa, where older landed houses in alleys are sometimes priced lower than new apartments. Recent developments indicate further downward pressure on certain segments. Individual houses and townhouses in Ho Chi Minh City are seeing price reductions of billions of VND, though transactions remain sluggish as buyers remain cautious due to location and financial constraints. Data from Batdongsan.com.vn shows that searches for private houses in the city have dropped from approximately 37% a few years ago to 27% currently. To address supply and regulatory hurdles, the city is moving toward new frameworks. The Department of Natural Resources and Environment has proposed piloting commercial housing projects on over 7.1 million square meters of land under Resolution 171.

Entities

Ho Chi Minh City · CBRE Vietnam · Hud · VN-Index · Ministry of Public Security

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 2 sources
    Ho Chi Minh City housing project for police forces begins construction

    A new housing project for 631 police officers has broken ground in Thu Duc, Ho Chi Minh City, featuring both social and commercial apartments.

  2. [BUSINESS] 5 sources
    Vietnam real estate market sees price cuts and supply drops

    Vietnam's real estate market faces cooling demand in Ho Chi Minh City despite price cuts, while Hanoi sees a nearly 60% drop in new apartment launches as developers exercise caution.

  3. [BUSINESS] 2 sources
    Social housing projects advance in Ho Chi Minh City and Phu Tho

    Social housing projects are advancing in Vietnam, with new developments in Ho Chi Minh City set to accept applications in late 2026 and seven projects in Phu Tho totaling over 3,200 billion VND in investment.

  4. [BUSINESS] 4 sources
    Ho Chi Minh City real estate shows landed houses cheaper than apartments

    In parts of Ho Chi Minh City, landed houses in alleys are being sold for prices comparable to or lower than new apartments in the same areas.

  5. [BUSINESS] 2 sources
    Ho Chi Minh City southern districts lead apartment supply growth

    Southern Ho Chi Minh City now accounts for 50 percent of the city's new apartment supply, with rising prices reaching up to $3,700 per square meter in new projects.

  6. [BUSINESS] 3 sources
    Ho Chi Minh City real estate market faces transaction decline

    High interest rates and rising costs are impacting the Ho Chi Minh City real estate market, leading to a 50-60% drop in transactions as buyers prioritize legal safety and flexible payment plans.

  7. [BUSINESS] 6 sources
    Ho Chi Minh City real estate supply rises amid liquidity challenges

    Ho Chi Minh City's real estate supply is rising, but liquidity remains low as apartment prices hit 108 million VND/m². Investors are shifting toward balanced portfolios amid gold and stock market fluctuations.

  8. [BUSINESS] 3 sources
    Ho Chi Minh City apartment prices drop following market expansion

    Ho Chi Minh City's expanded development area has reduced average primary apartment prices from 92 million VND/m2 to 76 million VND/m2 due to increased supply from regions like Binh Duong.

  9. [BUSINESS] 5 sources
    Ho Chi Minh City apartment prices exceed 120 million VND/m2

    High prices and rising mortgage rates are slowing Ho Chi Minh City's apartment market, with 80% of new units priced above 120 million VND/m2.

  10. [BUSINESS] 3 sources
    Thu Thiem land auction approved with 1,900 trillion VND starting price

    Ho Chi Minh City has approved the auction of a 6,446m2 mixed-use plot in Thu Thiem, with a starting price expected to exceed 1,900 trillion VND in September 2026.

Sources

baogiaothong.vn · baoxaydung.vn · cafebiz.vn · cafef.vn · doanhnghiephoinhap.vn · en.baoquocte.vn · en.vietnamplus.vn · giadinh.suckhoedoisong.vn · kenh14.vn · kienthuc.net.vn · mekongasean.vn · news.tuoitre.vn · reatimes.vn · soha.vn · thanhnien.vn · tienphong.vn · tuoitre.vn · vietnamplus.vn · vtv.vn

This summary has been updated 14 times: see revision history