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Vietnam apartment market
Affording homes a challenge even for top 20%
Even people in the top 20% income bracket have difficulty affording a mortgage considering home prices, a new report shows.
Southern Vietnam to welcome thousands of new apartments
Homebuyers hesitant to borrow despite lower mortgage interest rates
Da Nang new apartment sales soar as confidence in market returns
Around 1,060 new apartments were sold in Da Nang City in the third quarter, 2.8 times the number from a year earlier, according to property consultancy DKRA Group.
November 15, 2024 | 03:50 pm PT
Apartment prices in Thu Duc City near $4,000 per square meter
The average price of apartments in HCMC’s Thu Duc City rose 13% year-on-year to nearly VND100 million (US$3,950) per square meter in the third quarter.
November 13, 2024 | 04:00 pm PT
Tenants disappointed as 'premium' apartments fail to deliver
After living for nearly four years in an apartment complex in Tay Ho District, Hanoi, Thanh Hoa still feels “cheated” by the quality of the building.
November 10, 2024 | 03:00 pm PT
Why Hanoi apartment prices rise despite supply jump
Some 19,000 apartments entered the Hanoi primary market in the first nine months of 2024, the highest number in five years but not enough to keep prices steady.
November 9, 2024 | 09:00 pm PT
Delayed housing projects restarted but find few buyers
Many stalled housing projects have been revived but attract few buyers due to increased prices and a deterioration in their condition, according to the Vietnam Association of Realtors.
October 31, 2024 | 03:09 pm PT
Hanoi apartment buyers dissuaded as prices soar
Surprised to see the price of an apartment in Hanoi rising by 16% in just two months, Ngoc Van and her husband have put off their home buying plans.
October 27, 2024 | 12:15 am PT
Hanoi sees more premium apartments as lower-priced supply remains scarce
Several premium apartment projects with prices at VND70 million (US$2,780) per square meter or above have been launched in Hanoi as a shortage of cheaper units persists.
October 23, 2024 | 12:04 am PT
High-end apartments dominate housing market
The country’s housing market is dominated by high-end apartments costing over VND50 million (US$1,990) per square meter and lacks affordable units, according to the Vietnam Association of Realtors.
October 20, 2024 | 03:11 pm PT
HCMC new apartment supply to remain scarce in 2025
Only 10,000 apartments are expected to hit the HCMC primary market in 2025, or just a small portion of demand, experts have said.
October 16, 2024 | 11:29 pm PT
HCMC apartment inventory shrinks by 2,000 in Q3
Over 2,000 apartments at projects already launched in HCMC were sold in the third quarter of 2024, nearly double the figure from the previous quarter.
October 12, 2024 | 06:33 pm PT
Hanoi surpasses HCMC in new apartment prices
The average price of new apartments in Hanoi was VND69 million (US$2,780) per square meter in the third quarter, higher than HCMC’s VND68 million.
October 8, 2024 | 03:10 pm PT
HCMC new apartment sales plunge 16% in Q3
In HCMC, 1,915 apartments were sold in the primary market in the third quarter, down 16% from the second, according to a report by property consultancy Savills Vietnam.
October 6, 2024 | 03:17 pm PT
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