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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Real estate & market highlights: HCMC central-home prices around 1 billion VND/sqm; land-data review until 2027; riverside planning and new urban zones in Hanoi

As the real estate market continues to show notable movements, price-related information points to sharp competition concentrated in inner-city areas. Reports indicate that in central HCMC, some segments have reached close to 1 billion VND per square meter, especially near boundary zones, reflecting a rising cost base for housing within the core urban area. In another development, attention is drawn to large land parcels put up for bidding with a wide pricing gap: a land lot of over 10,000 sqm was noted with a starting price of about 2,968 billion VND and is scheduled for an auction in early September, adding to the picture of ongoing uncertainty in valuation and supply.

Equally notable is the group of updates related to land management and planning. The direction mentioned emphasizes reviewing and handling cases of misuse, improper purpose, or delayed implementation; the land-data settlement is targeted to be completed by 2027. In HCMC, proposals concerning the Sài Gòn River waterfront are highlighted, calling for dedicated planning for the riverside corridor with a 100-year vision, stressing that this riverfront is a shared asset and that no new commercial projects should be built. In Hanoi, the local authority has approved documents for an urban-functional zone spanning more than 75 hectares, with total investment of roughly 20,247 billion VND, located near major transport routes.

Alongside these, investment and infrastructure signals also stand out. Regarding corporate activity, VNG was cited for a plan to spend 480 billion VND to acquire a company holding a land area of over 25,000 sqm in HCMC, aiming to expand land resources for development of a data center. For regional connectivity, information about three bridges in and around HCMC is presented as a factor expected to improve linkage and unlock the potential of existing infrastructure. Taken together, these developments suggest that today’s real estate landscape is shaped by both pricing dynamics and policy/plan adjustments, as well as capital flows and infrastructure progress.

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