Vietnam's Residential Real Estate Market Report is Segmented by Type (villas and Landed Houses, Condominiums, and Apartments) and by City (Ho Chi Minh City, Hanoi, Danang, Quang Ninh, and the Rest of Vietnam). The Report Offers Market Size and Forecasts for the Vietnamese Residential Real Estate Market in USD for all the Above Segments.

The Commercial Real Estate in Vietnam is Segmented by Type (Offices, Retail, Industrial, Logistics, Multi-family, and Hospitality) and Key Cities (Ho Chi Minh City, Hanoi, Quang Ninh, Da Nang, and Rest of Vietnam). The report offers market size and forecast for Vietnam's commercial real estate market in value (USD billion) for the above segments.

Understand how the Vietnam Real Estate Market, valued at USD 4100 billion, is evolving with growth projections and segmentation insights through 2028.

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 reached approximately USD 16.61 Billion in 2024. The market is projected to grow at a CAGR of 13.80% between 2025 and 2034, reaching a value of around USD 60.51 Billion by 2034.

Vietnam residential real estate market size is projected to exhibit a growth rate (CAGR) of 10.8% during 2025-2033. The rapid urbanization and the expanding middle-class population, continuous improvements in healthcare, tourism, and education services, and the increasing availability of lower interest rates for home loans 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.

For the period from 2016 to 2019, Vinhomes had the largest market share in the residential real estate sector in Vietnam, accounting for 22 percent of the whole market. Vinhomes is a subsidiary of Vingroup, which is one of the leading conglomerate in Vietnam.

The Vietnam Luxury Real Estate Market Report Segmented by Type (Apartments and Condominiums, Villas, and Landed Houses) and by Cities (Ho Chi Minh City, Ha Noi, and Other Cities). The Report Offers Market Size and Forecast in Values (USD Billion) for all the Above Segments.

The Vietnam residential real estate market value is estimated to grow at a CAGR of 1.60% in the forecast period of 2025-2034.

The report covers FDI in Vietnam, Vietnam Real Estate Market Summary, Sectors of Vietnam Real Estate Market, Vietnam Real Estate Market, Vietnam Office Real Estate Market.

The Vietnam residential real estate industry is a rapidly growing market, with a market size of $25.26 million in 2025 and a projected CAGR of 12.55% from 2025 to 2033. The market is driven by a number of factors, including rising incomes, urbanization, and a growing middle class. The market is also supported by a stable political environment and a strong banking system. Key trends in the Vietnam residential real estate market include a shift towards high-rise developments, an increasing demand for luxury properties, and a growing interest in green buildings. The market is also seeing a rise in the number of foreign investors, who are attracted by the country's strong economic growth and its relatively low property prices. Major cities such as Ho Chi Minh City, Hanoi, and Danang are experiencing the highest demand for residential property, with prices in these areas rising rapidly. Developers are responding to this demand by building more high-rise projects and luxury apartments. 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.

In 2022, real estate in North Coastal Vietnam was absorbed at a rate of 39 percent, followed by Northern Midland and Mountainous area with 34 percent of absorption rate. Real estate was one of the leading FDI segments in Vietnam.

Vietnam Rental And Sale Real Estate Dataset in Feb 2025

This dataset contains rental property listings from various cities and provinces across Vietnam. It includes details such as location, rental price, property area, number of bedrooms, and number of bathrooms. The data can be used for analyzing rental trends, comparing property prices across regions, and identifying patterns in Vietnam’s real estate market.

Dataset Overview

Geographic Coverage: Listings come from different provinces and major cities in Vietnam, including Hà Nội, Hồ Chí Minh City, Đà Nẵng, and other regions. Price (price): Represents the monthly rental cost and sale price, typically listed in Vietnamese đồng (VND). Some listings have negotiable pricing indicated as "Giá thỏa thuận". Area (area): Specifies the total available space in square meters (m²), ranging from small apartments to large commercial or industrial properties. Bedrooms (bedrooms_num) and Bathrooms (bathrooms_num): - If both values are greater than zero, the listing is likely a residential property such as an apartment, house, or villa. - If both values are zero, the listing may not be a traditional residential building but could be an office space, commercial property, warehouse, or vacant land available for rent. Example Listings

Vietnam Luxury Residential Real Estate Market size was valued at USD 3.9 Billion in 2024 and is projected to reach USD 8.3 Billion by 2032, growing at a CAGR of 10% during the forecast period 2025 to 2032. Vietnam Luxury Residential Real Estate Market: Definition/Overview

Vietnam luxury residential real estate is defined as high-end residential properties in prime locations that provide exceptional quality, design, amenities, and services. These houses are often found in large cities like Hanoi, Ho Chi Minh City, and seaside areas, drawing both wealthy local purchasers and foreign investors. Luxury residential real estate consists of premium villas, penthouses, condominiums, and exclusive gated communities, with amenities such as panoramic views, cutting-edge technology, high-end finishes, and access to recreational facilities such as private pools, gyms, and spas.

Vietnam real estate and mortgage market size is projected to exhibit a growth rate (CAGR) of 6.21% during 2025-2033. The growing adoption of digital solutions in the mortgage sector to streamline the application and approval processes, increasing demand for residential and commercial properties, and rising popularity of transparency in real estate transactions 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 and value.

The Vietnam real estate and mortgage market reached approximately USD 46.30 Billion in 2024. The market is projected to grow at a CAGR of 11.20% between 2025 and 2034, reaching a value of around USD 133.85 Billion by 2034.

Technological advancements in the Vietnam Residential Real Estate industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.

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 2022, the absorption rate of apartments in Ho Chi Minh City and Southern provinces was 78 percent, while land plots were taken up at a rate of 67 percent in this region. Ho Chi Minh City is one of the largest economic, cultural, education and entertainment centers in Vietnam.

House price growth slowed down in many countries worldwide in 2022 compared to the year before. Conversely, in Turkey, Vietnam, Russia, Sri Lanka, Georgia, and Mexico, house prices continued to grow. Adjusted for inflation, the annual house price increase in Turkey measured a staggering 63 percent. In the United States, on the other hand, price growth felt from 10.5 percent to 1.2 percent. In 2022, mortgage interest rates, increased overall in response to rising inflation and economic instability.