VRES 2025: Apartments and detached houses lead market expectations.

(CLO) At the Vietnam Real Estate Conference - VRES 2025, experts noted that while the market was turbulent in 2022 due to rising interest rates, it also showed a brighter outlook. Even with interest rates increasing towards the end of the year, capital flows still prioritized segments serving genuine housing needs such as apartments and private houses.

VRES 2025, organized by Batdongsan.com.vn in Hanoi and Ho Chi Minh City, attracted nearly 1,800 attendees. The event also presented the Vietnam Real Estate Broker Award to honor professional brokers and promote sustainable market development.

Vietnam Real Estate Conference - VRES 2025 in Ho Chi Minh City.

Recovery is progressing but with regional variations.

Speaking at the Vietnam Real Estate Conference - VRES 2025, Mr. Dinh Minh Tuan, Director of the Southern Region of Batdongsan.com.vn, said that the market in 2025 has recovered but is strongly differentiated by region and segment. Data from Batdongsan.com.vn shows that the level of interest in real estate for sale nationwide has increased again compared to Q1/2023, and selling prices continue to rise in areas with genuine housing demand or benefiting from infrastructure.

The Q4 2025 broker survey clearly reflects a divergent trend: 48% of brokers reported a decrease in transactions, 14% recorded an increase, and 35% assessed transactions as stable.

Against this backdrop, apartments continue to lead the market, with 37% of brokers reporting increased transactions – evidence that genuine demand for housing remains strong. Private houses also hold their own, with 26% of brokers reporting increased transactions and over half indicating a stable market.

Conversely, land and villa prices have cooled down, with approximately 40% of brokers reporting a decrease in transactions. Townhouses have also stalled, with 29% of brokers noting a decrease in transactions and half reporting a sideways market.

Nevertheless, most brokers expect apartments and detached houses to continue to be the two main segments of the market in the next six months.

Hanoi - Expanding the growth potential of the belt

In Hanoi, the recovery is driven by the genuine demand for housing in the inner city and the strong expansion of the ring road system. According to data from Batdongsan.com.vn, the number of apartment projects along the ring roads has increased from 269 (before 2015) to nearly 700 projects currently – an increase of almost 2.6 times in just a decade.

Apartments continue to be the driving force of the market. The focus of interest is concentrated in the areas within the Ring Roads 2 and 3, with Nam Tu Liem (formerly) leading in search volume during the first 11 months of 2025, followed by Ha Dong, Cau Giay, and Hoang Mai (formerly).

The most notable developments came from the suburban areas. In Q4 2025, areas within the Ring Road 3 recorded strong price increases, with the old Thanh Tri reaching 74 million VND/m², a 158% increase compared to Q1 2023; the old Gia Lam and old Ha Dong increased by approximately 143%...

This increase far surpasses that of many central districts like Ba Dinh or Hai Ba Trung (formerly), where prices only increased by 69–92%. This indicates a preference for areas with lower prices, large land reserves, and benefits from new mega-cities.

In the detached house segment, despite decreased interest, selling prices continued to rise in most suburban districts due to previously low price levels. By Q4 2025, areas such as Ha Dong, Hoang Mai, Bac Tu Liem, and Long Bien (formerly)... recorded increases of over 110% compared to Q1 2023.

Meanwhile, demand for street-front property rentals increased by 9% compared to the previous quarter, but sales transactions decreased by 6%. Profit margins have not increased due to high selling prices while rental prices remain unchanged.

The shift in demand in Hanoi is also evident. The percentage of Hanoians searching for real estate within the city decreased from 81% (Q1 2023) to 59% in Q4 2025. Conversely, interest in Ho Chi Minh City increased from 6% to 20%, and demand for real estate in Hung Yen, Bac Ninh , Quang Ninh, etc., also increased.

According to Mr. Dinh Minh Tuan, this trend shows that buyers are expanding their living space and seeking opportunities in areas that benefit from well-developed inter-regional infrastructure.

Ho Chi Minh City - Urban decompression and the rise of new centers

Ho Chi Minh City is entering a phase of significant urban decompression as a series of key infrastructure projects such as the metro, the Ben Luc - Long Thanh expressway, and the bridge system connecting to Dong Nai ... create a strong impetus for satellite cities like Thuan An, Di An, and Vung Tau.

According to an analysis by Batdongsan.com.vn, the eastern area of ​​Ho Chi Minh City and the areas bordering the former Binh Duong province will be the areas attracting the most demand in 2025.

The supply of apartments – the leading segment in Ho Chi Minh City's market – has increased sharply over the past decade. Before 2015, Ho Chi Minh City only had 324 apartment projects located within the inner ring road (Ring Road 2); today, this number has reached approximately 1,050 projects, a 3.2-fold increase. The strong expansion of the urban boundary has helped businesses push supply to suburban areas, especially the Northeast.

Apartment prices in Q4 2025 are expected to increase significantly in many areas, such as the former Nha Be district (up 64%), the former District 7 (up 63%), Binh Thanh district (up 57%), and Thu Duc City (formerly Districts 2, 9, and Thu Duc) (up 32-48%). Notably, demand for apartments is spreading to neighboring Binh Duong province. In the first 11 months of 2025, Thuan An saw a 129% increase in search volume, and Di An a 103% increase...

According to Mr. Tuan's assessment: "The city center is no longer the only center. The ring roads are creating new growth poles in Thu Duc, Di An, Thuan An, Thu Dau Mot, Nha Be... marking the most intense period of urban decompression ever."

The private housing segment has stable transactions, but interest hasn't increased significantly. Prices for private houses in the city center reached 210–286 million VND/m², 1.4–2.2 times higher than apartments. In districts like Binh Thanh, Phu Nhuan, District 11, and District 7, prices dropped to 125–204 million VND/m². In suburban areas and Thu Duc City, private houses are only 1.1–1.8 times more expensive than apartments, especially in Binh Chanh, Nha Be, and District 12, where the price gap has narrowed considerably, creating room for further price increases.

Street-front properties are showing a slight recovery in sales, but rental demand remains sluggish due to a supply-demand imbalance: supply is concentrated in the city center, while demand is mainly in areas near the center. The old District 2 area is attracting more attention thanks to competitive prices and good rental yields.

Mr. Dinh Minh Tuan advised investors to rely on market data to choose the right areas with real growth potential – especially those with good infrastructure, quality supply, and genuine housing demand – instead of chasing psychological waves or rumors in the context of a market that continues to be highly polarized.

Source: https://congluan.vn/vres-2025-chung-cu-va-nha-rieng-dan-dat-ky-vong-thi-truong-10322196.html