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Vietnam real estate market
I pity the man who bought my family’s land for nearly $180,000
My parents sold their rural land for VND4.5 billion (US$176,300) and gave us money to move to the city, while the buyer now awaits a miracle to break even.
I invest in gold, stocks because homes are overpriced
Young city-dwellers rent for life as HCMC apartments cost nearly $2,400 per sqm
Apartment lease demand plummets along HCMC metro line
Demand for rental apartments along HCMC’s metro route fell by 20-68% in January from the previous month, according to property trading platform Batdongsan.
February 14, 2025 | 06:00 am PT
Wife pressures me to sell $83,000 land plot to build house, pay debt
My wife wants to sell our land for VND2.1 billion (US$83,400) to build a house and settle our debt, but I prefer to hold onto the plot until prices rise.
January 23, 2025 | 05:18 pm PT
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
Vietnam has 25,900 unsold properties nationwide
The national inventory of unsold apartments, individual houses, and land plots reached 25,900 units by the end of September, up 52% from three months earlier.
November 6, 2024 | 05:34 am PT
Widening housing price-income gap strains affordability even for top earners
The gap between housing prices and incomes has been widening in recent years, making it hard even for the top income groups to afford to buy.
November 3, 2024 | 07:14 pm PT
My close friend regrets buying a car while still renting
A close friend of mine prioritized purchasing a car over a home while living in a rented apartment, only to regret it later when she had to move constantly.
October 31, 2024 | 03:10 pm 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
Real estate acquisitions market sizzles
The property market witnessed 11 mergers and acquisitions in the first nine months of this year, with values ranging from US$1 million to hundreds of millions of dollars.
October 18, 2024 | 11:39 pm PT
HCMC office rents hit $60 per sq.m in premium, $35 in mid-range segments
Rents for grades A and B offices in HCMC went up by 2% and 2.6% year-on-year in the third quarter of 2024, according to property consultancy Knight Frank.
October 18, 2024 | 06:27 am 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
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