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 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.

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 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.

Comprehensive dataset of 169 Mortgage lenders in Vietnam as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

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.

This dataset provides information on 58 in Vietnam as of May, 2025. It includes details such as email addresses (where publicly available), phone numbers (where publicly available), and geocoded addresses. Explore market trends, identify potential business partners, and gain valuable insights into the industry. Download a complimentary sample of 10 records to see what's included.

Vietnam Residential Real Estate Market size was valued at USD 26.32 Billion in 2024 and is expected to reach USD 68.5 Billion by 2032, growing at a CAGR of 12.7% from 2026 to 2032.

Key Market Drivers

Rapid Urbanization and Population Growth: Rapid urbanization and population growth drive the Vietnam residential real estate market, increasing housing demand in key cities. According to Vietnam's General Statistics Office, the urbanization rate increased from 34.4% in 2014 to 37.1% in 2023, with an annual urban population growth of 3.4%. The World Bank forecasts that 1 million people relocate to urban areas each year, primarily to Ho Chi Minh City and Hanoi, fuelling demand for apartments and cheap housing. Developers are increasing residential developments, while the government is promoting expansion through housing regulations and infrastructural improvements.

The Vietnam residential real estate market, valued at $25.26 billion in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 12.55% from 2025 to 2033. This expansion is driven by several key factors. Rapid urbanization, particularly in major cities like Ho Chi Minh City, Hanoi, and Da Nang, fuels strong demand for housing. A burgeoning middle class with increasing disposable income is a significant driver, coupled with favorable government policies aimed at stimulating the construction and real estate sectors. The market is segmented by property type (apartments and condominiums, villas and landed houses) and location, reflecting diverse consumer preferences and investment opportunities. Leading developers like Novaland Group, Vinhomes, and others are shaping the market with large-scale projects catering to various price points. While challenges exist, such as land scarcity in prime urban areas and potential regulatory changes, the overall outlook for Vietnam's residential real estate sector remains positive due to sustained economic growth and a growing population. The forecast period (2025-2033) anticipates a considerable market expansion, with the CAGR of 12.55% suggesting significant investment potential. The market segments show varying growth trajectories. Apartments and condominiums, favored for affordability and accessibility, are expected to maintain a dominant share. Villas and landed houses, appealing to higher-income segments, will experience growth, albeit potentially at a slower pace than apartments. Regional variations are also anticipated, with Ho Chi Minh City likely to continue leading in terms of market share due to its economic importance and concentration of businesses. However, Hanoi and Da Nang are also experiencing significant growth as secondary hubs, benefiting from investments in infrastructure and tourism. Sustained economic growth, population increase, and improved infrastructure will remain key catalysts for market expansion throughout the forecast period. However, careful monitoring of macroeconomic factors and regulatory changes will be crucial for effective market navigation. 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., Rapid Urbanization and Rising Disposable Income4.; Government Initiatives and Expanding Economy. Notable trends are: Rising Government Initiatives and Social Housing Development Policies.

Comprehensive dataset of 125 Low income housing programs in Vietnam as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Vietnam Prefabricated Homes Market growth is driven by the increasing demand for affordable housing, technological advancements in prefabrication, the growing focus on sustainability, and government support for the adoption of energy-efficient housing solutions.

The ASEAN manufactured homes market is experiencing robust growth, fueled by several key factors. The region's burgeoning population, rapid urbanization, and increasing demand for affordable and sustainable housing are driving significant market expansion. A CAGR exceeding 5% indicates a consistently strong trajectory, projected to continue through 2033. Key drivers include government initiatives promoting affordable housing solutions, increasing construction costs of traditional homes, and a growing preference for quicker construction timelines associated with manufactured homes. The market is segmented by type (single-family and multi-family) and geographically across major ASEAN nations, with Malaysia, Thailand, Singapore, and Indonesia representing substantial market shares. While data for precise market sizing is not fully provided, considering the strong growth in other comparable markets and the region's demographics, a reasonable estimation would place the 2025 ASEAN manufactured homes market value in the range of $1.5 to $2 billion USD. The increasing adoption of sustainable building materials and technologies within the manufactured home sector is further contributing to market growth. However, challenges remain including stringent building codes and regulations in some areas, potential supply chain disruptions, and varying levels of consumer awareness regarding the benefits of manufactured housing. The competitive landscape is dynamic, featuring both established international players and regional companies specializing in modular and prefab construction. Companies like ModularCraft, Moderna Homes Pte Ltd, and Karmod are establishing strong market presence, offering a variety of designs and construction services. Further growth will depend on overcoming the aforementioned challenges through effective market education and strategic collaborations. Specific market share distribution across countries within ASEAN will depend on factors including economic development, government policies, and local consumer preferences. While a precise market breakdown is unavailable, we can reasonably assume that Indonesia and the Philippines, owing to their larger populations, will represent significant portions of the market in the forecast period. Continuous innovation in designs, materials, and construction processes is essential for companies to maintain a competitive edge within the growing ASEAN manufactured homes market. 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.

Price for Bearing Housing Without Ball Bearing in Vietnam - 2022. Find the latest marketing data on the IndexBox platform.

After two years of decline, the Vietnamese market for bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 317% to $27M in 2024. Over the period under review, consumption enjoyed a significant increase. Over the period under review, the market attained the maximum level at $73M in 2021; however, from 2022 to 2024, consumption failed to regain momentum.

베트남 부동산 및 모기지 시장 보고서는 유형(주거, 소매, 물류/산업, 호텔 및 사무실), 가치(프리미엄, 럭셔리 및 저렴), 주요 도시(호치민시, 하노이, 꽝닌 및 다낭)로 세분화됩니다. 보고서는 위의 모든 세그먼트에 대한 시장 규모와 가치(USD) 예측을 제공합니다.

Comprehensive dataset of 1 Mortgage lenders in Ninh Bình, Vietnam as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Comprehensive dataset of 1 Mortgage lenders in Bình Xuyên District, Vĩnh Phúc, Vietnam as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Comprehensive dataset of 1 Mortgage lenders in Cẩm Mỹ District, Dong Nai, Vietnam as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Comprehensive dataset of 1 Mortgage lenders in Văn Yên District, Yên Bái, Vietnam as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.