Daily real estate roundup: Rising supply, expanding infrastructure and surging social housing demand

The real estate market is seeing a series of notable developments as supply rises sharply after a prolonged period of constrained availability. Nearly 100,000 products have been introduced to the market, while transactions at several new projects indicate that demand for quality properties remains present, even as concerns about oversupply emerge. At the same time, major infrastructure projects are expanding urban space, creating new development poles and turning areas outside central districts into investment hotspots. The Prime Minister has asked ministries, sectors and localities to urgently complete procedures, clear sites and prepare the feasibility study report for the North-South high-speed railway project. In Ho Chi Minh City, a meeting chaired by Standing Deputy Prime Minister Pham Gia Tuc also focused on resolving payment plans for delayed BT projects in the Thu Thiem New Urban Area. In the industrial real estate segment, ready-built factories and warehouses in southern Vie...
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Daily Real Estate Briefing: Supply Rises While Housing Prices May Not Fall Sharply

Vietnam’s real estate market recorded several notable developments in supply, prices and policy. A series of large-scale, professionally developed projects are actively launching products, giving buyers more choices and raising expectations that cash flow will return as the market recovers. However, the prospect of a sharp decline in housing prices remains unclear, while liquidity has yet to break through. In Da Nang, land transactions increased eightfold compared with the previous month, but the market is still under pressure from a large inventory and low liquidity. In Ho Chi Minh City, following the city’s expansion, the average primary apartment price was recorded at VND 92 million per square meter, down to VND 76 million per square meter.

The supply of tourism real estate is also continuing to increase, with more than 21,000 apartments and 3,865 resort villas under construction in the second quarter. Experts said the segment is entering a new stage of development. In southern Ho Chi Minh City, a series of key infrastructure projects is helping reshape the area and create additional growth potential for real estate. Meanwhile, Da Nang has received a proposal seeking approval for an investment policy for a project to develop and operate infrastructure at Site No. 7 within the Free Trade Zone, covering approximately 276 hectares. Hanoi plans to prepare 81 detailed plans to concretize the capital’s master plan with a 100-year vision, including 34 new plans and approximately 22 zoning plans prioritized for earlier completion. In Khanh Hoa, a procedure for calculating or recalculating land-use fees has been approved, with a maximum processing time of 17 working days.

In the social housing sector, Standing Deputy Prime Minister Pham Gia Tuc requested the completion of a draft resolution assigning development targets for social housing and rental housing for the 2026-2030 period. The proposal also calls for increasing the proportion of rental housing in line with demand and adjusting targets to support this housing model. For young people, the decision to rent or buy remains a pressing issue as housing prices exceed their ability to accumulate savings. Many have therefore accepted long-term renting, although demand for homeownership remains clear. Other legal issues receiving attention include the rights of buyers of spiritual real estate, transfer mechanisms, prices and long-term maintenance responsibilities. In corporate news, Michael Vu Nguyen, Vice Chairman of FLC Group, has passed away. He joined FLC on August 1 and was in charge of aviation and airport infrastructure investment. Internationally, Evergrande remains in focus after Hui Ka Yan, who once held USD 45.3 billion and was Asia’s richest person, received a life sentence.

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