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Update news hcm city's real estate market
Apartment prices in central HCMC have tripled over the past 10 years, with current primary prices recorded at VND200–500 million/sqm. The market has also seen ultra-luxury units priced close to VND700 million/sqm.
Northern buyers are increasingly present in the HCMC property market. Projects with complete legal status, transparent developers, and locations linked to major transport routes continue to draw strong interest.
Despite frequent flooding during heavy rains or high tides, a neighborhood in HCMC remains one of the city’s most expensive residential areas.
Over the past decade, apartment prices in central Ho Chi Minh City have tripled, with current primary market prices ranging between $8,000 and $20,000 per square meter.
Developers of residential projects in the Thu Thiem New Urban Area in HCM City mainly focus on luxury and ultra-luxury apartments, with many units priced as high as VND250 million per sqm.
The grand finale of Eaton Park sees a near sell-out within hours, powered by premium offerings and tailored payment schemes.
Ho Chi Minh City’s real estate market sees rising luxury supply and record prices that edge out average buyers.
The boom of high-end projects has pushed apartment prices in HCMC to record high levels. This trend is making the home ownership dream increasingly out of reach for middle-income earners.
Ghost-town real estate developments remain pricey despite lack of infrastructure and residents
Some people have suggested abolishing construction completion procedures after exemption of construction permits for individual houses in hundreds of projects in HCM City.
Savills’ latest real estate market report for the first half of 2025 highlights HCM City’s ongoing shortage of housing supply.
In HCM City, many prime retail premises at key intersections and on bustling streets are covered with "for rent" signs.
According to Savills’ newly released real estate market report for the first half of 2025, Ho Chi Minh City continues to face a shortage in housing supply.
In a tight housing market, a one-bedroom unit in downtown Ho Chi Minh City has shocked buyers with a projected price of over USD 1.2 million.
Apartment prices in central HCM City have hit a record 600 million VND (23,500 USD) per sq.m, raising concerns over affordability and income disparity.
The affordable and mid-range segments will remain pivotal in the city's retail property this year, experts said.
Real estate agents in Nhon Trach are leveraging unverified merger news to stir up demand and inflate property prices.
Conflicting reactions have emerged regarding the new regulation prohibiting the use of apartments without mixed-use designation for short-term tourism rentals in HCM City as investors in individual units anticipate possible decline in profit.
The retail property market in HCM City is expected to see further growth this year, as new buildings are completed and more retailers, attracted by the increasing purchasing power of the population, enter the market.
Experts believe 2025 could be a crucial year for the city's real estate sector. After navigating the challenges brought on by the pandemic and economic downturn, a full recovery is anticipated by 2026.