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Update news hcm city's real estate market
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.
Ho Chi Minh City’s short-term rental market is booming, but long-term residents are pushing back against security risks and overcrowded facilities.
High-end products are leading the apartment market in HCM City, with average selling prices around VND100 million per sq m. Experts believe that developers are taking advantage of the adjusted land-price list to push prices up.
Estate agents in the city have reported a decline in rental rates of 20-32% during the first two months of 2025.
Ho Chi Minh City’s apartment supply is expected to exceed 40,000 units by 2027, with Thu Duc city accounting for half, according to Savills Vietnam.
2025 will serve as a crucial foundation year for the real estate sector in Ho Chi Minh City, marking the path towards a full recovery by 2026 after facing challenges caused by COVID-19 and economic recession, experts predicted.
Despite being ranked among the world's priciest retail streets, actual rental prices on Dong Khoi Street in HCM City are significantly lower than global assessments, with many vacant properties struggling to find tenants.
With luxury apartment prices hitting record highs, Ho Chi Minh City's property market is witnessing an influx of high-end developments, signaling renewed investor confidence.
The exceptional performance of the HCM City office market reinforced the city’s status as a premier destination for both local and international corporations seeking strategic growth opportunities in Southeast Asia.
A recent survey shows that 33.7% of households in Ho Chi Minh City do not have the financial ability to renovate or purchase a home in the next five years, highlighting challenges in urban housing affordability.
This weekend, Gamuda Land, one of Southeast Asia’s premier property developers, unveiled the Alpine and Forest Towers at its flagship Eaton Park development in Ho Chi Minh City.
The apartment shortage in HCM City explains why apartment prices keep rising. Affordable products can be found only in the suburbs or neighboring provinces.