Vietnam commercial real estate market size reached USD 17.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 63.0 Billion by 2033, exhibiting a growth rate (CAGR) of 14.1% during 2025-2033. The growing demand for modern warehousing and distribution centers, increasing focus on eco-friendly building practices and green certifications, and rising demand for commercial properties, such as hotels, resorts, and retail spaces in tourist hubs, represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type.

The Vietnam Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail and More), by Business Model (Rental and Sales), by End User (Individuals / Households and More) and by Region (Ho Chi Minh City, Hanoi and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Vietnam Real Estate & Mortgage Market size was valued at USD 46.30 Billion in 2024 and is projected to reach USD 107.6 Billion by 2032, growing at a CAGR of 11.2% from 2026 to 2032.

Vietnam Real Estate & Mortgage Market: Definition/Overview

Real estate refers to land and any permanent structures or improvements attached to it, encompassing a wide range of properties including residential homes, commercial buildings, and industrial sites. It is considered a tangible asset that holds intrinsic value and can be used for various purposes such as living, working, or investment.

Real estate also includes natural resources found on the land, such as water, minerals, and crops. In contrast to personal property, which consists of movable items not permanently affixed to land, real estate is characterized by its immobility and the legal rights associated with ownership, which can include the ability to lease, sell, or develop the property.

Vietnam Commercial Real Estate Market was valued at USD 19.83 Billion in 2024 and is projected to reach USD 59.04 Billion by 2032, growing at a CAGR of 14.61% during the forecast period from 2026-2032.

Commercial real estate (CRE) refers to properties used for business purposes, primarily for revenue generation through leasing or rental activities. This category includes a wide variety of property types, such as office buildings, retail spaces, industrial facilities, and multifamily dwelling units.

Commercial real estate has a wide range of purposes; it can be used to house businesses, offer important services to communities, or as an investment vehicle to generate capital gains and consistent cash flow.

The Vietnam Residential Real Estate Market is Segmented by Property Type (Apartments and Condominiums, and Villas and Landed Houses), by Price Band (Affordable, Mid-Market and Luxury), by Business Model (Sales and Rental), by Mode of Sale (Primary and Secondary), and by Key Cities and Provinces (Ho Chi Minh City, Hanoi, Danang, Hai Phong and More). The Market Forecasts are Provided in Terms of Value (USD)

The Vietnam industrial real estate market exhibits robust growth potential, projected to reach $19.07 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 15.42% from 2025 to 2033. This expansion is driven by several key factors. Firstly, Vietnam's burgeoning manufacturing sector, fueled by foreign direct investment (FDI) and participation in global supply chains, necessitates increased warehouse and factory space. Secondly, the rise of e-commerce significantly boosts demand for logistics facilities, particularly in key cities like Ho Chi Minh City and Hanoi. Thirdly, government initiatives aimed at improving infrastructure and attracting further FDI are creating a favorable investment climate. The market is segmented across various property types, including offices, retail, industrial, logistics, multi-family, and hospitality, with industrial and logistics experiencing the most rapid growth. Leading players like Nam Long Investment Corporation, Coteccons Construction JSC, and Vingroup are actively shaping the market landscape, competing for projects and driving innovation in design and construction. Despite this positive outlook, challenges remain. Land scarcity in prime locations, particularly around major urban centers, can constrain development. Rising construction costs and labor shortages also pose potential headwinds. However, the long-term prospects remain strong, particularly given the government's focus on industrial development and the continued influx of FDI. The ongoing expansion of manufacturing zones and the improvement of transportation infrastructure will further fuel this growth, making Vietnam an attractive destination for industrial real estate investment in the coming years. Strategic partnerships between local and international players will likely be crucial in navigating the challenges and capitalizing on the opportunities in this dynamic market. This comprehensive report provides an in-depth analysis of the burgeoning Vietnam industrial real estate market, offering invaluable insights for investors, developers, and businesses operating within this dynamic sector. Covering the period from 2019 to 2033, with a base year of 2025, this study forecasts robust growth, driven by factors such as rising foreign direct investment (FDI), robust manufacturing expansion, and strategic government initiatives. Keywords: Vietnam industrial real estate, Vietnam logistics real estate, Vietnam factory space, Ho Chi Minh City industrial parks, Hanoi industrial property, industrial land Vietnam, Vietnam warehouse space, manufacturing facilities Vietnam. Key drivers for this market are: Urbanization and Infrastructure Development, Sustainable Construction Practices. Potential restraints include: Labor Shortages and Costs. Notable trends are: Growth in Vietnamese E-commerce to Drive the Industrial Real Estate Market.

The size of the Vietnam Residential Real Estate Industry market was valued at USD 25.26 Million in 2024 and is projected to reach USD 57.79 Million by 2033, with an expected CAGR of 12.55% during the forecast period. Recent developments include: November 2023: Phat Dat Real Estate Development Joint Stock Company and Military Commercial Joint Stock Bank (MB Bank) signed a comprehensive cooperation agreement with the purpose of financial sponsorship for investors and customers. Products at Phat Dat projects. The sponsored project is the Thuan An 1&2 high-rise housing complex with a scale of 4.47 hectares, located in a prime location right in the central area of ​​Thuan An City, connected to many large industrial clusters in Binh Duong. The project has completed its legality with an investment of more than 10,800 billion VND, including apartment products, shophouses, and townhouses., October 2023: Phat Dat's investment project of more than 10,000 billion in Binh Duong has been approved for planning. Phat Dat's investment project of more than 10,000 billion in Binh Duong has been approved for planning.. Key drivers for this market are: 4., Rapid Urbanization and Rising Disposable Income4.; Government Initiatives and Expanding Economy. Potential restraints include: 4., Limited Land Availability4.; Economic Uncertainties. Notable trends are: Rising Government Initiatives and Social Housing Development Policies.

The Vietnam real estate and mortgage market presents a compelling investment opportunity, exhibiting robust growth and significant potential. With a 2025 market size of $47.59 billion and a Compound Annual Growth Rate (CAGR) of 12.94% projected through 2033, the sector is poised for substantial expansion. Key drivers include a burgeoning population, rapid urbanization, increasing disposable incomes, and government initiatives promoting infrastructure development and foreign investment. Strong demand across residential, retail, logistics/industrial, hospitality, and office segments fuels this growth. The market is segmented by property value (premium, luxury, affordable), reflecting diverse consumer preferences and affordability levels. Major cities like Ho Chi Minh City and Hanoi are key growth centers, attracting significant investment and development. While challenges such as land scarcity and regulatory hurdles exist, the overall outlook remains positive, supported by the sustained economic growth and increasing middle class in Vietnam. Prominent developers like Vingroup, Dat Xanh Group, and Novaland Group are shaping the market landscape, contributing significantly to the ongoing construction and development activities across various property types. The mortgage market complements this real estate boom, providing crucial financing for both individual homebuyers and large-scale development projects. The long-term forecast anticipates continued expansion across all segments, although the growth rate may moderate slightly in later years as the market matures. The segmentation within the market offers further insights into its dynamics. The residential sector, driven by a young and growing population, represents a significant portion of the market. The increasing demand for modern and efficient logistics facilities contributes to the growth of the industrial sector. The hospitality and office segments are benefiting from the rising tourism sector and increasing foreign investment. The premium and luxury segments cater to a growing affluent population, while the affordable segment serves the vast majority of the population, indicating a diverse and robust market structure that caters to varying income levels and preferences. Analyzing the market performance across key cities such as Ho Chi Minh City and Hanoi will provide detailed understanding of geographical variations in demand and supply within the Vietnam real estate market. Further, understanding the role of mortgage finance and the various lending institutions involved is crucial to a complete market analysis. Recent developments include: November 2023: Phat Dat Real Estate Development Joint Stock Company and Military Commercial Joint Stock Bank (MB Bank) signed a comprehensive cooperation agreement with the purpose of financial sponsorship for investors and customers. The sponsored project is the Thuan An 1 and 2 high-rise housing complex with a scale of 4.47 hectares, located in a prime location right in the central area of Thuan An City, connected to many large industrial clusters in Binh Duong. The project completed its legality with an investment of more than VND 10,800 billion, including apartment products, shophouses, and townhouses.June 2023: The world's largest contract electronics maker and assembler, Foxconn, received approval from Vietnam to invest USD 246 million in two new projects in the northern province of Quang Ninh.. Key drivers for this market are: Ho Chi Minh City and Hanoi Experiencing Rapid Urban Expansion, Streamlined Real Estate Lending Services. Potential restraints include: Ho Chi Minh City and Hanoi Experiencing Rapid Urban Expansion, Streamlined Real Estate Lending Services. Notable trends are: Residential Segment Experiencing Rapid Growth in the Market.

In 2020, Ho Chi Minh City had the highest average rent for industrial land in Vietnam, amounting to *** U.S. dollars per square meter. With an average rent of *** U.S. dollars per industrial land square meter, Ha Noi was the second most expensive province for industrial rentals.

The ASEAN office real estate market, valued at approximately $100 million in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 9% from 2025 to 2033. This expansion is fueled by several key factors. The region's burgeoning economies, particularly in Vietnam, Indonesia, and the Philippines, are attracting significant foreign direct investment, driving demand for modern office spaces. Technological advancements and the rise of the digital economy are also contributing to increased office space needs, particularly in tech hubs across the ASEAN nations. Furthermore, a growing middle class and a young, increasingly skilled workforce are bolstering the demand for high-quality office accommodations in major cities like Singapore, Bangkok, Ho Chi Minh City, and Jakarta. However, challenges remain. Supply chain disruptions and global economic uncertainties could impact the market's trajectory. Additionally, varying regulatory frameworks across different ASEAN countries may pose obstacles for seamless market integration and development. Despite potential challenges, the long-term outlook remains positive. Strategic investments in infrastructure development, coupled with government initiatives to enhance business environments, are expected to sustain market growth. The increasing adoption of flexible workspaces and sustainable building practices will also shape future market dynamics. Competition among established players like Savills, CBRE, Hines, and local developers is expected to intensify, leading to innovations in design, technology integration, and tenant service offerings. This competitive landscape, along with the underlying economic strength of the region, promises continued expansion for the ASEAN office real estate market in the coming years. While precise regional breakdowns are unavailable, Singapore and Thailand are likely to dominate in terms of market share given their established economies and mature real estate markets. Vietnam, Indonesia, and the Philippines represent high-growth areas with significant potential. Recent developments include: October 2023: The Instant Group (a leading global platform for flexible workspaces) secured a three-year managed office agreement with Arvato Systems Malaysia. The existing office space of Arvato Systems Malaysia in Kuala Lumpur, a pivotal development center for the Arvato Systems Group, is expected to undergo renovation and expansion. Expected to be finished in 2024, the total office space of Arvato Systems Malaysia will be 26,720 sq. ft, with 15,963 sq. ft undergoing refurbishment and an additional 10,757 sq. ft being custom-fit for the company's needs.January 2023: TAM Group, a GSSA (general sales and service agent) based in Hong Kong, expanded its presence in Southeast Asia by opening three new offices. Responding to the increased demand in the region, TAM Group partnered with Thailand’s GP Group and Vietnam’s TP Cargo Transport Services to establish offices in key strategic areas, including Bangkok, Ho Chi Minh City, and Hanoi.. Key drivers for this market are: 4., Increasing Demand for Co-Working Spaces. Potential restraints include: 4., Increasing Demand for Co-Working Spaces. Notable trends are: Demand for Co-Working Spaces is Driving the Market.

This is the dataset of average housing prices in Ho Chi Minh City, Vietnam.

Data for districts 1 to 9.

Data collected from 2017 to 2022

Data in the form of Time Series Data for predicting house prices, holidays and weekends is not included in this dataset.

The Date column represents the transaction date Columns from District 1 to District 9 show the average transaction value per square meter.

With this data, data scientists can: - Compare house prices between districts by year - Forecast house prices in the future, can use singular spectrum analysis to analyze - Evaluate model quality with RMSE or equivalent measures

Update: HousePricingHCM_v2.csv is including holidays and weekends, We use replacing missing data by average transactions of the days before and after the holiday to fill in the missing data

Discover the booming Vietnam industrial real estate market! This in-depth analysis reveals a 15.42% CAGR, driven by manufacturing growth and e-commerce expansion. Explore market size, key players (Vingroup, Dat Xanh Group, etc.), and regional trends in Ho Chi Minh City, Hanoi, and beyond. Forecast to 2033. Recent developments include: December 2021: Nam Long Group officially signed a strategic partnership agreement with TBS Land, affirming the long-term companionship of the two sustainable corporations in the Vietnamese business community., August 2021: Nam Long will work with its Japanese partner Hankyu Hanshin Properties Corp. to develop the Izumi City project, which has an estimated total investment capital of VND 18,600 billion (USD 814 million). The project is expected to help Nam Long secure its long-term development strategy over the next five or 10 years.. Notable trends are: Growth in Vietnamese E-commerce to Drive the Industrial Real Estate Market.

Data is scraped from website chotot.vn. This data includes data of nearly 2,000 apartments in Ho Chi Minh City

area 65 m² - 2 PN: 65 m2 - 2 rooms 70 m² - 2 PN: 70 m2 - 2 rooms

price_VND 2,1 tỷ: 2,1 Billion 2,2 tỷ: 2,2 Billion 39 triệu: 39 million

In 2023, the Vietnam Real Estate Market reached a value of USD 89.9 million, and it is projected to surge to USD 138.8 million by 2030.

Comprehensive dataset containing 110 verified Land registry office businesses in Vietnam with complete contact information, ratings, reviews, and location data.

Vietnam Prefabricated Buildings Market size was valued at USD 4.80 Billion in 2024 and is projected to reach USD 7.65 Billion by 2032, growing at a CAGR of 6% during the forecast period 2026-2032.

Vietnam Prefabricated Buildings Market Drivers

1. Infrastructure Development and Urbanisation The demand for prefabricated buildings in the commercial, industrial, and residential sectors is being driven by Vietnam's fast urbanisation. Modular construction is becoming more popular as a result of government programs like the National Urban Development Strategy (NUDS), which encourage sustainable urban growth.

2. Time-saving and Cost-effective Construction When compared to conventional methods, prefabricated constructions drastically cut down on labour costs and construction time. Developers trying to adhere to strict project deadlines and financial constraints will find this efficiency appealing.

3. Growing Need for Inexpensive Housing The need for affordable housing options is urgent due to Vietnam's expanding middle class and growing population. The housing deficit can be addressed in a scalable and economical manner with prefabricated houses.

The Vietnamese prefabricated building market is booming, projected to reach [estimated 2033 value based on CAGR] by 2033, driven by urbanization and government initiatives. Explore market trends, key players like Zamil Steel and Best Metal Building, and growth opportunities in this dynamic sector. Recent developments include: November 2022: QH plus handover sun signature show project & the two parts of the kissing bridge have been connected. With Sun Signature Show, where vortex technologies have been applied for a very attractive show, the installation of 3 orbits has been finished and handover to the investor for further progress., September 2022: Lotte Group has unveiled plans to create an eco-friendly smart city' complex in Vietnam, as well as a separate smart logistics center. On September 2, the firm hosted the groundbreaking ceremony for Lotte Eco Smart City Thu Thiem in Ho Chi Minh City's Thu Thiem new urban region. It plans to invest over USD 900 million in the project. The project will have a total floor area of 680,000 sqm, five basements, and multiple towers, the tallest of which will be 60 stories.. Notable trends are: Government Policies Boosting the Market.

Comprehensive dataset containing 1 verified Land registry office businesses in District 3, Ho Chi Minh City, Vietnam with complete contact information, ratings, reviews, and location data.

Comprehensive dataset containing 1 verified Land registry office businesses in Binh Duong, Vietnam with complete contact information, ratings, reviews, and location data.

Comprehensive dataset containing 1 verified Land registry office businesses in District 7, Ho Chi Minh City, Vietnam with complete contact information, ratings, reviews, and location data.