Ho Chi Minh City Real Estate Prices Expected to Rise Amid Market Recovery
Translated from Vietnamese, summarized and contextualized by DistantNews.
At a glance
- Ho Chi Minh City's real estate market shows clear signs of recovery in the first half of 2026, with transaction volumes and economic indicators trending upward.
- The market is expected to see continued price increases, particularly for projects in prime locations with complete legal documentation, while luxury segments in central areas could reach 500 million VND per square meter.
- Authorities are also promoting social housing development, and the new legal framework for land, housing, and real estate business is expected to stabilize market sentiment and facilitate project restarts.
Ho Chi Minh City's real estate market is experiencing a notable recovery, with transaction volumes and economic indicators showing a positive trend in the first half of 2026. This rebound follows a quiet period from 2022 to 2024.
According to Trịnh Quốc Dũng, Deputy Head of the Technical Infrastructure Department at the HCMC Department of Construction, the market's liquidity and economic indicators signal a recovery. Notably, five projects have received funding from the 145 trillion VND credit program, with cumulative disbursed amounts nearing 597 billion VND. In the first five months of 2026, over 19,640 real estate transactions were registered, with a total value exceeding 92 trillion VND. Furthermore, 25 future commercial housing projects have been approved for capital mobilization, offering 18,947 units to the market.
The eastern part of the city continues to lead the market in the mid-range and high-end segments. Prices in areas like Cát Lái and Long Trường range from 45 to 55 million VND per square meter, with some projects reaching 65 to 160 million VND. The luxury and super-luxury segments, including apartments and low-rise housing in the city center and the Cần Giờ coastal reclamation project, are seeing prices around 400 to 500 million VND per square meter, with some units priced at approximately 20 billion VND.
Authorities are actively promoting social housing development and working with investors. Dũng expressed optimism that the market will continue its upward trajectory in the second half of 2026, with improved liquidity and absorption rates. He anticipates that prices will continue to rise but in a more differentiated manner, favoring projects with good locations, complete legal status, and genuine housing demand. The implementation of new laws related to land, housing, and real estate business is expected to stabilize market sentiment and accelerate project approvals and construction.
Đối với phân khúc hạng sang và siêu sang, gồm chung cư và nhà ở thấp tầng tại khu vực trung tâm thành phố, khu tứ giác Bến Thành và dự án lấn biển Cần Giờ, giá bán được ghi nhận ở mức khoảng 400 - 500 triệu đồng/m2, thậm chí khoảng 20 tỉ đồng/căn.
Originally published by Thanh Niên in Vietnamese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.