Daily Real Estate Briefing: Social Housing, Urban Planning and Financial Pressures

Vietnam’s real estate market saw notable developments in social housing, planning and corporate activity. The Government has proposed that buyers of social housing may resell their homes only to eligible buyers five years after fully paying for the property and receiving the ownership certificate. However, access to the policy remains a major issue, as nearly half of the 500 surveyed construction workers had not obtained information about their rights, support contacts or application procedures for social housing. In the luxury segment, apartments in Thu Thiem are commonly priced at 200 million to 500 million VND per square meter, with many units priced above 100 billion VND. In Ho Chi Minh City, apartment prices along Metro Line 1 have continued to surge after nearly two years of operation, with some projects recording increases of more than 400%, making housing near stations increasingly difficult for low-income earners to afford. Regarding planning and projects, Da Nang’s master p...
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Daily Real Estate Briefing: High Housing Prices, Supply and Policy in Motion

The real estate market continues to present a paradox: housing prices in Hanoi and Ho Chi Minh City are extremely high compared with incomes, yet the homeownership rate remains among the highest. Experts note that buyers may need more than 30 years of income to afford a home, while selling prices and growing property inventories remain major concerns. In Hanoi, the absorption rate for primary apartments was only 31% in the third quarter, sharply down from 70 to 80% in the same period last year, while the average selling price remained around VND 108 million per square meter. In Ho Chi Minh City, efforts to remove obstacles and simplify procedures have helped increase supply, contributing to a decline in the overall price level. However, housing prices remain beyond the affordability of most residents.

Regarding supply and policy, Ho Chi Minh City has approved a social housing project in Ba Diem Commune, covering nearly 192 hectares with total investment of more than VND 64 trillion and an expected population of over 67,000. Meanwhile, the draft plan for the redevelopment of Vinh Hung urban area proposes 14.39 hectares for resettlement land and social housing, with on-site resettlement planned for around 7,250 affected households. Hanoi is reviewing 250 delayed, non-budget projects involving approximately 7,013 hectares of land to mobilize resources for urban development. The city is also seeking opinions on the handling of violations at HH Linh Dam apartment complex, while residents of The Sun Avenue have asked authorities to clarify irregularities in the apartment owners’ conference documents. A proposal to impose a 0.2% tax on idle land continues to spark debate over the tax level and its ability to encourage land development. The Ministry of Construction has also clarified the timing for resale of social housing after five years, following a request from a company in Dong Nai.

In other developments, Nguyen Thi Nhu Loan is expected to return as General Director and legal representative of Quoc Cuong Gia Lai. A 115.8-square-meter house and land property at 123 Nguyen Hue, linked to Van Thinh Phat, has been announced for auction with a starting price of more than VND 349.4 billion, equivalent to over VND 3 billion per square meter. In housing and lifestyle news, waterproof and antibacterial technical fabric is emerging as an alternative to leather sofas, while experts warn against placing certain household items near sunlit windows because of potential damage and fire risks. Information ahead of VIS 2026 also highlights the growing importance of quality, technology, governance, sustainability and adaptability in national competitiveness, as global investment flows become more selective.

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