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Ho Chi Minh City housing

HCMC workers need 34 years’ income to buy a home

HCMC workers need 34 years’ income to buy a home

An average worker in HCMC needs 34 years’ current income to afford a home in the city, according to cost of living database Numbeo.

Young people opt for rental housing as ownership slips out of reach

Young people opt for rental housing as ownership slips out of reach

Young city-dwellers rent for life as HCMC apartments cost nearly $2,400 per sqm

Young city-dwellers rent for life as HCMC apartments cost nearly $2,400 per sqm

Young Vietnamese flock back to empty nest as housing becomes unaffordable

Young Vietnamese flock back to empty nest as housing becomes unaffordable

After just four months of renting their own apartment, Tran Hai and his wife were forced to return to his parents’ home unable to afford the soaring rent.

February 26, 2025 | 01:00 am PT

HCMC real estate brokerages' revenues grow by 6.1%

HCMC real estate brokerages' revenues grow by 6.1%

Real estate companies in HCMC reported revenues of VND173 trillion (US$7 billion) in the first eight months of 2024, a 6.1% increase year-on-year, according to the city Statistics Office.

September 14, 2024 | 03:20 pm PT

HCMC property brokerages’ revenues rise by 6.1%

HCMC property brokerages’ revenues rise by 6.1%

Real estate brokerages in HCMC reported a 6.1% increase in revenues year-on-year in the first half of the year to VND123.9 trillion (US$4.9 billion).

July 3, 2024 | 02:04 am PT

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