Grade B apartment segment dominates Ho Chi Minh City market
According to the Vietnam Real Estate Market Report 2025 and the 2026 Trend Forecast of the Research and Development Department of BHS Group (BHS R&D), the real estate market in 2025 shows strong recovery when recording doubled supply and transactions compared to 2024.
Regarding the apartment segment, in the fourth quarter of 2025, supply and transaction volume in Ho Chi Minh City prevailed with superior supply and consumption volume with continuous opening events and many new projects selling 90 - 100% of the list immediately after the opening sale.
Ho Chi Minh City's supply and transaction volume in the fourth quarter of 2025 continued to tend to increase. Primary supply in Ho Chi Minh City reached nearly 12,500 units, an increase of 17.4% compared to the previous quarter and an increase of 1.8 times compared to the same period last year. Supply continued to be mainly concentrated in the old Binh Duong area (accounting for 63%).
Primary supply and transaction volume in the fourth quarter of 2025 are mainly concentrated in the areas of Binh Trung, Dong Hoa, Lai Thieu and Thuan Giao wards. In which, Binh Trung, Dong Hoa, Lai Thieu wards account for more than 50% of the supply and transaction volume in the market.
After the merger, the supply by grade has changed significantly when Grade A apartments are no longer a key supply source of the Ho Chi Minh City market in the fourth quarter of 2025, instead Grade B apartments dominate the market (accounting for 49%) due to mainly supply coming from the old Binh Duong area market. Luxury apartments in the quarter accounted for 21%, only 1 project in the Grade C segment has also sold out.
Selling prices on the Ho Chi Minh City primary market tend to decrease in the second half of 2025, the reason is that after Binh Duong and Ba Ria - Vung Tau merged into Ho Chi Minh City, the average newly offered price of the whole city decreased, but the price still increased by 14% compared to the same period last year.
The areas with the highest primary prices include Da Kao, Binh Trung and Thanh My Tay wards. In which, Da Kao ward area recorded the highest price of newly opened apartments in the fourth quarter of 2025 with a price range of 153 - 278 million VND/m2.
New supply forecast to continue to increase in 2026
According to the real estate market report of the One Mount Group Market Research & Customer Understanding Center, in the fourth quarter of 2025, in the center of Ho Chi Minh City, the average selling price reached 103.2 million VND/m2, an increase of 8.6% compared to the previous quarter and a significant increase of 25% compared to the same period in 2024.
One Mount Group forecasts that the Ho Chi Minh City market will continue its recovery trend in 2026. The main driving force for this breakthrough comes from the Government's drastic efforts to remove legal "bottleneck points", combined with the synchronous implementation of new laws (Land Law, Housing Law, Real Estate Business Law).
The fundamental change in the legal framework not only creates a "green corridor" for new projects but also directly restarts a series of projects that have been temporarily suspended in the past. This is an important signal to help the market regain confidence and unlock investment capital flows.
The total new supply in the Ho Chi Minh City market is expected to reach 27,000 to 32,000 apartments per year. In which, the central area of Ho Chi Minh City is estimated to contribute from 16,000 to 17,000 apartments per year in the period 2026 - 2027. The significant increase in both quantity and quality of primary supply shows the willingness of investors to welcome the new growth wave.
Mr. Tran Minh Tien - Director of the Market Research & Customer Understanding Center of One Mount Group - commented: "Ho Chi Minh City's apartment market is entering a transition phase with a clear differentiation in growth momentum. Accordingly, Ho Chi Minh City is facing a new wave of growth as legal bottlenecks are gradually being cleared. In particular, the implementation of key projects in Thu Thiem area in 2026 will play the role of a'leader' in establishing new price milestones, completely repositioning the value level for the central area.
