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)

Vietnam Luxury Residential Real Estate Market Report is Segmented by Property Type (Apartments & Condominiums, and Villas & Landed Houses), by by Business Model (Sales and Rental), by Mode of Sale (Primary and Secondary), by City (Ho Chi Minh City, Hanoi, Da Nang, Nha Trang and Other Cities). The Report Offers Market Size and Forecast Values (USD) for all the Above Segments.

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

UAE residential real estate market is expected to grow at 4.8% CAGR, reaching AED 1.2 Tn by 2030, driven by population growth, foreign investment, and infrastructure projects.

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

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.

KSA residential real estate market is expected to reach $150 Bn by 2030, growing at 7.2% CAGR, driven by Vision 2030, urbanization, and foreign investments.

Vietnam residential real estate market size reached USD 53.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 148.4 Billion by 2033, exhibiting 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.

Vietnam Real Estate & Mortgage Market Report is Segmented by Type (Residential, Retail, Logistics/Industrial, Hospitality, and Office), Value (Premium, Luxury, and Affordable), and Key Cities (Ho Chi Minh City, Hanoi, Quang Ninh, and Da Nang). The Report Offers Market Sizes 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.

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

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.

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 size of the Luxury Apartments Market in Vietnam market was valued at USD 3.64 Million in 2023 and is projected to reach USD 8.91 Million by 2032, with an expected CAGR of 13.65% during the forecast period. Recent developments include: July 2023, Picking up and seeing off at the airport is one of the outstanding services of The Filmore Da Nang, contributing to perfecting the ultimate living space for its residents. This project increased its persuasiveness with solid implementation results during the most difficult period of the recent real estate market, confidently reaching its goal of becoming a desirable luxury apartment complex in Da Nang. Residents of The Filmore Da Nang can use the pick-up and drop-off service from home to Da Nang International Airport, with facilities and service standards equivalent to 5-star hotels and resorts., April 2023, Filmore Real Estate Development Joint Stock Company (Filmore Development) has just completed signing a memorandum of understanding (MOU) with POSCO E&C Group. The signing ceremony took place right at POSCO E&C headquarters in Korea. This is the opening event for an important cooperation between the two sides, aiming to exploit investment opportunities - developing luxury apartment projects in Ho Chi Minh City and a number of other fields in Vietnam.. Key drivers for this market are: 4., Incremental urbanization rate accelerates Vietnam's demand for luxury residential real estate4.; Growing middle-class buyers drive the market. Potential restraints include: 4., High imbalance in population versus real estate index. Notable trends are: Increasing Rich Population driving the Demand for Urban Branded Residences.

Vietnam's luxury apartment market is booming, with a projected $3.64 billion market size in 2025 and a 13.65% CAGR. Discover key trends, leading developers (Vingroup, CapitaLand, Nam Long), and regional insights in this comprehensive market analysis. Invest wisely in Vietnam's thriving real estate sector. Key drivers for this market are: 4., Incremental urbanization rate accelerates Vietnam's demand for luxury residential real estate4.; Growing middle-class buyers drive the market. Potential restraints include: 4., High imbalance in population versus real estate index. Notable trends are: Increasing Rich Population driving the Demand for Urban Branded Residences.

Discover the booming Vietnam home improvement market! This comprehensive analysis reveals key trends, growth drivers, and challenges, highlighting opportunities for businesses and investors in a market projected to reach [estimated market size in 2033] by 2033. Explore market segmentation, top players, and regional insights. Key drivers for this market are: Increasing Residential and bedroom spaces driving the market, Rising Personal Consumer Consumption expenditure. Potential restraints include: Rising demand for Mattress Bases are limited to the young generation age., Negative impact of Supply chain disruption and Inflation on the market post covid. Notable trends are: Growing Urbanization is Driving the Market.

Discover the booming ASEAN manufactured homes market! This comprehensive analysis reveals a CAGR exceeding 5%, driven by urbanization, affordability needs, and government initiatives. Explore market size projections, regional breakdowns (Indonesia, Malaysia, Thailand, etc.), key players, and future trends in this rapidly expanding sector. Recent developments include: September 2022: Scandinavian Industrialised Building Systems (SIBS) has invested over RM200 million to set up its second manufacturing facility at the Penang Science Park North in Simpang Ampat, Malaysia which boosts the production of modular construction materials. This expansion project is anticipated to increase the production lines to approximately four times more than the current production lines, March 2022: Sampangan (building system manufacturer) built a carbon tech modular home in Indonesia. This is a pilot project for a carbon concrete building system that is affordable for low-income communities. It is estimated to be 40 percent cheaper than conventional affordable housing in the market. The simplicity of design, modularity, knockdown system, and lighter weight would also enable low-income communities that generally do not have formal construction knowledge to build their own homes, and not depend on expensive professional contractors and developers.. Notable trends are: Rapid Urbanization in ASEAN Countries Boosts the Demand for Manufactured Homes.

The size of the Vietnam Home Improvement Market market was valued at USD 10.7 Million in 2023 and is projected to reach USD 11.9 Million by 2032, with an expected CAGR of 1.00">> 1.00% during the forecast period. Vietnam home improvement refers to products and services that are used to improve residential homes and these include renovation, remodeling and maintenance. This market segment embraces a wide range of categories that include building materials, building fixtures, furniture, decoration items and others. People who own homes and properties incorporate these products to change the appearance of interiors, fix or add functions to the house and extend or raise the value of the house. The modern trends in home improvement which are currently exhibited include the following; There is a trend toward the use of sustainable and green products in most homes. The market is also expanding currently because of factors such as increase in disposable incomes, urbanization and increased awareness on the appearance and efficiency of homes. Key drivers for this market are: Increasing Residential and bedroom spaces driving the market, Rising Personal Consumer Consumption expenditure. Potential restraints include: Rising demand for Mattress Bases are limited to the young generation age., Negative impact of Supply chain disruption and Inflation on the market post covid. Notable trends are: Growing Urbanization is Driving the Market.

Vietnam Construction Chemicals Market was valued at USD 1.2 Billion in 2024 and is projected to reach USD 2.8 Billion by 2032, growing at a CAGR of 11.2% from 2026 to 2032.ey Market Drivers: Accelerating Urbanization and Infrastructure Development: According to Vietnam's Ministry of Construction, urban population growth has increasing from 34% in 2015 to 41% in 2023, with a projected 50% by 2030. The government has set aside USD 120 billion for infrastructure development (2021-2025), which includes 5,000 kilometers of expressways. The Vietnam Public Investment Development Agency reports a 34% rise in public infrastructure spending (2020-2023), with over 3,800 active building projects contributing to a 28% yearly increase in concrete admixture usage.Booming Real Estate and Residential Construction: According to the General Statistics Office, real estate will account for 7.62% of Vietnam's GDP in 2023, with a 9.8% growth rate. The Ministry of Construction reported roughly 225,000 new dwelling units in 2023, representing a 15% increase over the previous year. The Ho Chi Minh City Real Estate Association reports that high-rise residential structures have expanded by 42% since 2020, while the consumption of waterproofing chemicals has climbed by 36% per year (2021-2023).