# Vietnam real estate market price correction

> Live situation record from CLSTR: https://clstr.news/situations/vietnam-real-estate-market-price-correction
> Updated: 2026-08-09T23:19:10.000Z. Sources: 2. Developments: 2.

Following a period of rapid investment in specific sectors, such as cemetery land, the Vietnamese real estate market has entered a phase of significant price correction.

In the outskirts of Hanoi and neighboring provinces, land prices have experienced substantial declines due to weakened demand and increased investor caution. In provinces like Bac Giang, Hoa Binh, and Phu Tho, land prices have dropped by approximately 50% to 65.5% compared to peaks reached in 2025. While the decline is less severe in Hanoi's urban areas, notable price decreases of 30% to 35% have been recorded, a trend also reflected in recent land auctions in Ninh Binh.

## Timeline

### 2026-08-09: Vietnam land prices see sharp corrections in Hanoi outskirts

Land prices in suburban Hanoi and surrounding Vietnamese provinces are dropping significantly, with some areas seeing decreases of over 50% from their 2025 peaks due to low liquidity.

2 sources. https://clstr.news/cluster/vietnam-land-prices-see-sharp-corrections-in-hanoi-outskirts

### 2026-07-11: Vietnam sees rapid rise in cemetery land investments

Cemetery land near Hanoi is booming, with prices jumping from VND 5 million to up to VND 40 million per m² as investors seek high returns amid limited supply.

2 sources. https://clstr.news/cluster/vietnam-sees-rapid-rise-in-cemetery-land-investments

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Cite as: Vietnam real estate market price correction. CLSTR, https://clstr.news/situations/vietnam-real-estate-market-price-correction