Daily real estate briefing: Rising supply, slower apartment price growth and strong social housing demand

The real estate market continues to see notable developments as supply rises sharply after a prolonged period of compression. Nearly 100,000 products have been introduced to the market, raising concerns about oversupply, although liquidity at many new projects shows that demand for quality products remains. In Ho Chi Minh City, apartment price growth is slowing as supply improves and purchasing power weakens, while forecasts suggest that a significant correction could emerge between 2028 and 2030. Hanoi is also expected to enter a period of adjustment and clearer market segmentation over the next two years. In the social housing segment, more than 12,000 people registered to compete for 750 apartments, highlighting strong demand while developers continue to face obstacles related to capital, profit margins, procedures and land funds. In Me Linh, the Minh Duc social housing project includes 612 apartments, of which 551 are expected to be offered for sale at an estimated price of nearly ...
Post a Comment

Daily Real Estate Briefing: Urban, Industrial and Metro Projects Reshape the Market

The real estate and urban development landscape this week saw several notable developments. In Bac Ninh, Vingroup is expected to break ground on the Northwest New Urban Area of Bac Ninh City, covering nearly 269 hectares, with total investment of VND 41.27 trillion and an estimated population of about 33,000. Meanwhile, Khanh Hoa is preparing to auction the selection of an investor for a more than 250-hectare urban area north of Nha Trang, with total investment exceeding VND 49 trillion, while also adding seven land plots covering more than 560 hectares to the bidding list for energy projects. Hung Yen also stood out with a series of new industrial developments. Two projects spanning nearly 300 hectares were launched to attract high-quality capital and develop green, sustainable infrastructure. Another project by Tan A Dai Thanh and MEYGROUP covers nearly 200 hectares at Industrial Park No. 15, while two key industrial projects with total investment of nearly VND 6 trillion are expected to attract around VND 10 trillion in secondary capital once operational.

From an infrastructure perspective, experts said metro systems could create a “flow-of-people economy”, as stations generate foot traffic, consumption, commerce and jobs, which in turn stimulate demand for housing and services. A series of metro projects is expected to reshape the real estate value map of Hanoi and Ho Chi Minh City, although the strongest advantages will belong to projects with genuine connectivity rather than those simply located near rail lines. The Ministry of Construction has also been assigned additional responsibilities in planning, urban development, aviation and maritime affairs, while its structure has been reorganized to include 22 affiliated units. In Hanoi, facilities across 12 projects, including HH Linh Dam, are expected to be reviewed and classified in 2026. Cases requiring relocation may be completed in 2027, with demolition carried out in 2028. Residents subject to relocation may be arranged housing in Thanh Ha A or Thanh Ha B, or have their apartments repurchased by the developer at market prices.

The market also showed mixed signals. Real estate transactions in Hue in 2025 nearly tripled from the previous year, but the absorption rate fell to around 32% in the first half of 2026. In Vinh Long, the developer said more than 90% of the inventory at T&T Homes Elite Rivera was selected by customers within over two hours of opening sales. Aeon Mall is expected to open two more shopping centers in Thanh Hoa and Quang Ninh in the fourth quarter, bringing the total number of centers invested in and operated by the company in Vietnam to 10. Other issues of interest to residents include regulations on daily apartment rentals, the risk of electrical fires when washing machines and dryers operate simultaneously, and considerations when choosing kitchen countertops and grout colors to balance appearance, durability and maintenance costs.

Comments

Post a Comment

Popular posts from this blog

Daily Real Estate Briefing: Infrastructure Accelerates as Policy and Capital Flows Shift

The key highlight of the real estate market over the past week was the wave of groundbreaking ceremonies and accelerated development of large-scale infrastructure projects in major economic centers. Ho Chi Minh City has launched more than VND 181 trillion for key transport and urban projects on the occasion of September 2, a move expected to create new momentum for the city’s real estate market and economy. At the same time, a series of projects from Ho Chi Minh City, Hanoi and Phu Quoc to Ha Long and Can Gio are expanding urban space and shortening distances between growth poles. In the north, seven expressway routes are under construction through 14 projects or component projects, while the Long Thanh Airport project is being required to review each contract package and resolve obstacles to ensure operations can begin in 2026. Hanoi is concretizing its Capital Master Plan through 81 detailed plans and has selected Thanh Pho Mat Troi Co., Ltd., a member of Sun Group, to carry out th...
Read more

Real estate news roundup: Updated planning information; falling condominium prices in Hanoi; major infrastructure and project updates plus transaction risk alerts

As demand for information rises, Ho Chi Minh City is rolling out the publication and updating of data across multiple sectors, including planning and construction information, so that individuals and organizations can access and use it. At the same time, the market also saw warnings about risks and legal disputes. In Tam Binh Ward (HCMC), authorities cautioned that a social media post claiming to sell 46 plots of land after an “opening” is inaccurate. Separately, concerns around shared-ownership conflicts were highlighted, noting that uncertainty in legal implementation and management authority can increase the risk of disputes between residents and related operators. On the trading side, Hanoi recorded reports of sharp condo price declines over the past week and additional information related to buy-rent transactions in specific areas. Financial considerations also remained a focal point, with discussions around whether to buy sooner or keep renting, and how loan costs and cash-flow...
Read more

Real Estate News Brief: Credit, Infrastructure and Supply Enter a New Phase

The real estate market continues to see notable developments, ranging from credit policy and land regulations to changing buyer behavior. As Hanoi home prices have climbed so high that even high-income earners are becoming cautious, experts have proposed classifying real estate credit risks instead of applying blanket restrictions. Under this approach, resources should be prioritized for legally compliant projects that meet genuine housing demand. The trend of buying property for living, business, exploitation and cash flow generation is also gradually replacing speculative sentiment, while the launch of professionally developed projects is giving buyers more options. On the financial support front, Vietcombank has introduced a VND 20 trillion credit package with interest rates reduced by 1 percentage point per year, while VIB is offering a five-year fixed interest rate policy for homebuyers. In terms of management and infrastructure development, Prime Minister Le Minh Hung signed De...
Read more