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Update news hcm city's real estate market
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.
Dong Khoi Street in HCM City, the country’s most expensive retail destination, ranks 14th globally, according to a report by Cushman & Wakefield.
As many as 1,051 real estate firms in HCM City registered their establishment in the first nine months of the year, and more than 1,600 successful transactions were reported in the last three months.
HCM City authorities are considering a ban on land subdivisions for sale in five outlying districts in an effort to combat land speculation amid rising urbansation in these areas.
After three months of collecting and analyzing opinions, the HCM City People’s Committee has officially released a new land price framework. The sharpest land price increase is 25 percent.
Under the adjusted land price framework, expected to be applied in HCM City from now to the end of 2025, the prices of agricultural land in some areas could increase by 35 times.