Real estate market recovers, creating momentum for a breakthrough at the end of 2025

Vietnam’s real estate market is warming up again. Low interest rates, clear legal frameworks and a series of large-scale projects have helped the market regain its growth momentum, raising hopes of a breakthrough by the end of 2025.

According to the Vietnam real estate market report published by Dat Xanh Services Economic - Financial - Real Estate Research Institute (FERI) on October 8, the market is maintaining its recovery momentum, creating a foundation for a new growth cycle from the end of 2025.

FERI data shows that new supply in the third quarter increased by 13% compared to the previous quarter. Of which, the North and Central regions recorded strong increases of 32% and 183% respectively, while the South decreased slightly due to seasonal factors. Vinhomes Golden City, Sun Feliza Suites, Lumiere Prime Hills, The Privé and Symlife are typical projects contributing to the expansion of supply. Notably, the North accounts for 50% of the total primary supply in the country, mainly coming from large-scale urban areas of reputable investors.

Apartment housing projects in the South ( Ho Chi Minh City).

In addition, the absorption rate of the entire market in the third quarter reached about 30 - 35%, slightly down compared to the second quarter but still higher than the same period in 2024. The Southern region continues to maintain stable purchasing power thanks to real housing demand and low home loan interest rates. Currently, preferential interest rates are commonly 5.3 - 6.5%/year, becoming the main driving force to help buyers easily access the product, while investors promote flexible payment policies, only need to pay 10 - 15% in advance when signing the sales contract.

In terms of selling prices, the general level continued to increase in most segments. In Hanoi and Ho Chi Minh City, apartment prices increased by 5-7%, while low-rise houses increased by 2-5% compared to the previous quarter. In the provinces, the increase was lighter, about 2-3%. In the central area of ​​Ho Chi Minh City, the supply is still scarce, real estate values ​​increased by an average of 10-30% per year, clearly reflecting the imbalance between supply and demand and high potential for accumulation.

Ms. Nguyen Dinh Hai My, market research expert (FERI), commented: “The real estate market in the third quarter of 2025 has overcome the sluggish period, gradually regaining growth thanks to legal clearance, improved credit and more positive buyer sentiment. In particular, the strong recovery in the Northern and Central markets shows that the market is rebalancing after a long period of stagnation.”

FERI's report also pointed out the main driving force that helped the market "get back on track", which was that more than 130 projects nationwide had their legal problems resolved, with 86 projects in Ho Chi Minh City alone; real estate credit growth reached more than 1.7 million billion VND, up 39% over the same period; the number of newly established and re-operating real estate enterprises nearly doubled, with a total registered capital of more than 335 trillion VND. Along with that, many enterprises recorded impressive capitalization increases such as Vinhomes up 127%, Dat Xanh Group up 75%, Becamex IDC up 64%.

Entering the fourth quarter of 2025, FERI forecasts that the market will continue to recover positively, when a series of large-scale projects are launched on the market, concentrated in Hanoi, Da Nang and Ho Chi Minh City. However, liquidity will be differentiated, only projects with clear legal status, synchronous infrastructure and reputable investors will attract customers.

Experts say that infrastructure is still the “leading wave” of the market, with a series of key projects such as the North-South Expressway, Ring Road 3, Ring Road 4, Long Thanh Airport... being accelerated, creating regional connectivity and spreading real estate value. Investment capital also tends to shift strongly to “infrastructure-welcoming industry” areas such as Ho Chi Minh City (expansion), Dong Nai, Tay Ninh, Bac Ninh and Thai Nguyen.

Mr. Tran Quoc Thinh, General Director of Dat Xanh Services emphasized: “The Vietnamese real estate market has laid enough foundations, now is the time to reap the first fruits. The new cycle will not be a hot increase, but a controlled revival process, aiming at real value, real capacity and sustainable development”.

Source: https://baotintuc.vn/bat-dong-san/thi-truong-bat-dong-san-phuc-hoi-tao-da-but-pha-cuoi-nam-2025-20251008163019036.htm