Apartment prices in Hanoi increase sharply, establishing a new site of 75.5 million VND/m2
Supply has increased sharply, selling prices are high, but the apartment market still records good absorption, especially in large cities.
According to Ms. Pham Thi Mien, Deputy Director of the Vietnam Real Estate Market Research and Evaluation Institute, in the second quarter of 2025, apartment prices were high but were still well absorbed, mainly due to the real needs of customers with good financial capacity, including both Vietnamese and foreigners. At the same time, cheap cash flow and expectations of price increases continue to boost investment demand.
Ms. Mien also said that in the second quarter of 2025, the whole market recorded about 27,000 successful transactions, raising the absorption rate to 54%, an increase of 9 percentage points compared to the previous quarter. The absorption rate on new supply in the quarter reached 61%, equivalent to more than 22,000 transactions, nearly 2.5 times higher than the previous quarter.
The apartment segment (CHCC) continues to account for a large proportion, contributing more than 56% of transactions, with the absorption rate on new supply reaching 63%. Newly opened low-rise projects have also been absorbed by about 60%, thanks to the recovery of investment demand while the price of high-rise products remains high. See more...
HCMC breaks land acquisition plan for expressway construction, 2,193 households have not been compensated
The Ho Chi Minh City - Moc Bai Expressway project needs to reclaim land from 2,193 households, but the compensation payment schedule is nearly 3 months behind schedule.
According to the Department of Agriculture and Environment of Ho Chi Minh City, component project 3 - compensation, support, and resettlement of the Ho Chi Minh City - Moc Bai expressway section through Ho Chi Minh City is about 24.7 km long, passing through 5 communes: Phu Hoa Dong, Nhuan Duc, Thai My, Tan An Hoi and Cu Chi, with a total land area to be recovered of 220 hectares.
The total number of affected cases is 2,193 households with compensation, support and resettlement costs of about VND 4,333 billion.
However, according to the latest report from the Department of Agriculture and Environment, this plan has been "disrupted". By the end of June 2025, specific land prices as well as compensation plans have not been approved. The People's Committee of Cu Chi district (old) has just confirmed the origin of land use in 156/2,193 cases (only about 7%). See more...
Regulations on resettlement for people when agricultural land is recovered
Da Nang invests VND21,000 billion in 2 large projects on the Han River
After the arrangement of administrative units, Da Nang is implementing many projects to synchronously develop the city on the Han River.
Da Nang is placing high expectations on two inland waterway tourism projects worth VND10,000 billion and the International Fireworks Festival Complex worth VND11,000 billion.
Not only contributing to the completion of central urban infrastructure, these projects are also expected to create a new look for Da Nang, attracting investment in developing riverside urban areas.
The People's Committee of Da Nang City has just approved the investment policy for an inland waterway tourism project worth nearly VND10,000 billion. This project not only contributes to enhancing the value of local tourism but also promotes the development of the public transport system by waterway.
According to information from the People's Committee of Da Nang City, the project will focus on the construction and renovation and upgrading of 20 inland waterway wharves, while adding auxiliary works to serve the activities of the wharf.
The total land area used for these wharves will be up to more than 15 hectares. In addition, a large park with an area of over 25 hectares will be built behind 11 wharves, providing a space for relaxation and entertainment for people and tourists. See more...
