Positive signals

In 2024, the world economy in general achieved growth rates of 2.7 to 3.2 percent. The global inflation level has improved significantly compared to 2023. The world economic growth in 2025 is likely to be higher than that of 2024, depending largely on the effectiveness of monetary and fiscal policies, as well as the capability to address structural challenges in each country.

The real estate market outlook in 2025 is shaped on the foundation of integrated economic achievements in 2024 and new opportunities, associated with institutional reforms, and general market fluctuations domestically and internationally.

The strong urbanization process helps increase real estate supplies - photo: Vinhomes

According to the Vietnam Association of Real Estate Brokers (VARS), in 2025, the real estate market will enter a new cycle, despite some remaining difficulties and obstacles. The heat of the market will gradually spread more evenly among regions, in which, the Northern region will continue to be hot, while the Southern region will show clear signs of increasing heat.

Specifically, for the residential real estate segment, the majority of real estate supply will still originate from large urban areas. The estimated supply in Hanoi and its satellite cities is around 37,000 units, while Ho Chi Minh City and its surrounding areas are expected to offer approximately 18,000 units.

The supply structure is still mainly high-end and luxury products. However, the affordable segment will increase thanks to the rise in social housing projects.

According to economist Nguyen Minh Phong, the positive economic growth and the expansion of FDI attraction will continue to boost the demand for housing, offices and commercial real estate projects, helping increase the value of real estate, earning attractive profits for investors.

Vietnam is also undergoing a strong urbanization process, leading to an increase in demand for housing and other types of real estate, such as townhouses, resort real estate, medium- and high-end apartment projects, smart urban areas and areas with good infrastructure systems.

In addition, controlled inflation and flexible monetary policy will be positive factors, contributing to maintaining the stability of the real estate market. The interest rates on home loans are forecast at reasonable levels, creating favorable conditions for real estate buyers and investors.

Apartment prices no longer increase rapidly

Expert Nguyen Minh Phong said the total apartment supply in 2025 is expected to reach about 29,000 units, a slight decrease compared to 2024.

Apartment prices will certainly not increase as rapidly as in the recent period. Real estate prices may increase by 5 to 10 percent per year, depending on each segment and areas.

The real estate market will clearly improve from the second quarter of 2025 and the beginning of 2026 will be the start of a new of stable period and see a return, or appearance of diverse types of real estate.

High-end resort, hot springs, riverside villas or ecological urban areas and suburban real estate projects have stable profitability thanks to tourists’ increased demand for resort tourism and comprehensive health care facilities and the natural limits of resources.