Ho Chi Minh City real estate market expected to flourish in the late 2025 - 2026 period

According to a survey by the Center for Market Research & Customer Insight - One Mount Group (Vietnam's leading technology group researching the real estate market), after the merger of the new Ho Chi Minh City, the supply of real estate segments has improved, but is still low compared to the period before COVID-19.

After applying the amended Laws related to the Housing Law, Land Law, Real Estate Business Law, from the beginning of 2025 until now, the supply of apartments in Ho Chi Minh City, especially after the merger with Binh Duong and Ba Ria Vung Tau, the market has recorded positive growth, in the third quarter of 2025 alone, the new city has more than 5,550 apartments for sale, the new supply is concentrated in Binh Duong (accounting for more than 60%). However, the number of projects for sale in the center of Ho Chi Minh City is still limited compared to the Binh Duong area.

Ho Chi Minh City real estate market is expected to flourish in the late 2025 - 2026 period.

This reality is due to the change in administrative boundaries leading to the implementation of legal regulations being inconsistent, especially the process of land valuation according to the annual market mechanism. In addition, the problem of market capital sources has not yet been thoroughly solved, most clearly demonstrated by the over-dependence of the real estate market on two channels: bank credit and capital mobilized from customers. Mergers are a driving force for sustainable development, but lead to changes in planning and new land price frameworks, directly affecting the plans of investors, leading to delays in bringing new supply to the market...

However, real estate prices continue to grow, with most newly opened projects priced at over VND100 million/m2. The Ho Chi Minh City apartment market has an average primary selling price of VND95.4 million/m2, up 21% over the same period in 2024. Binh Duong and Ba Ria Vung Tau also recorded primary selling prices continuing to increase compared to the previous quarter, reaching VND45.9 million/m2 and VND41.9 million/m2, respectively.

The widening gap between income and apartment prices in major cities, especially in the period 2024 - 2025, has made it increasingly difficult for the majority of people to own an apartment. Hanoi and Ho Chi Minh City are always among the cities with the highest housing price-to-income ratio in the region.

In fact, demand for the apartment segment in Ho Chi Minh City remains high, with the transaction volume reaching more than 5,300 units in the third quarter of 2025, an increase of 65.2% over the same period last year. According to One Mount Group's customer survey in 2025, investment demand continues to account for a large proportion in this market, in which rental investment and medium-term and long-term investment are prioritized over short-term investment and surfing.

Experts predict that the demand for buying to live and buying to invest in real estate by investors in the late period of 2025 - 2026 will remain mainly, so the real estate market in Ho Chi Minh City is expected to flourish in this period, based on a series of factors such as a series of infrastructure projects such as: Ring Road 3 project expected to be completed in the second quarter of 2026, Ring Road 2 expected to be completed in 2027, Ho Chi Minh City - Long Thanh Expressway expansion project expected to be completed in the fourth quarter of 2026, Metro No. 2 project expected to start construction of the main items in December 2025, Ho Chi Minh City - Can Gio railway project expected to start construction in the fourth quarter of 2025, Thu Thiem - Long Thanh railway project expected to start construction in the fourth quarter of 2026...

The growth momentum is also supported by the supply from a series of real estate projects in the city center such as: The Global City - Masteri Park Place with a scale of 1,700 units, Gladia high-rise with a scale of 600 units, Trellia Cove with a scale of 820 units, Vinhomes Green Paradise with a scale of 14,000 units... in the late period of 2025 - 2026.

Source: https://baotintuc.vn/kinh-te/thi-truong-bat-dong-san-tp-ho-chi-minh-ky-vong-khoi-sac-giai-doan-cuoi-2025-2026-20251027113601757.htm