Apartment prices increase sharply, young customers are under pressure
Due to the lack of supply, apartment prices are flat, even exceeding the average of townhouses.
In the second half of 2025, the apartment market witnessed a huge race to open for sale of high-end and luxury projects, with prices mostly over a hundred million VND per square meter.
Van Phuc Group has just booked for the Diamond Sky apartment project, the high-rise subdivision being implemented in Van Phuc City urban area. The investor's expected selling price is about 130 million VND/m2.
Gamuda Land is preparing to sell the next phase of the Eaton Park project. The investor said that the new basket of goods has 700 apartments, about 180-200 million VND/m2. Masterise Homes also participated in the race to sell luxury houses with more than 800 apartments in the Lumiere Midtown subdivision of The Global City urban area. In this sale, the new subdivision is being offered for more than 200 million VND/m2. See more...
Proposal to reduce interest rates for loans to buy social housing
According to the draft amendment to the regulations on purchasing social housing, the lending interest rate will change.
The Ministry of Construction submitted a dossier to appraise the Decree amending and supplementing a number of articles of Decree No. 100/2024/ND-CP dated July 26, 2024 of the Government detailing a number of articles of the Housing Law on the development and management of social housing.
One of the notable points in the draft is the regulation amending and supplementing Clause 4, Article 48 as follows:
The lending interest rate is 5.4%/year. The overdue debt interest rate is equal to 130% of the lending interest rate.
In case it is necessary to change the lending interest rate, assign the Social Policy Bank to preside over and coordinate with the Ministry of Construction and relevant units to submit to the Prime Minister for consideration and decision".
Explaining this issue, the Ministry of Construction said that currently, the interest rate for social housing loans according to Decree No. 100/2024/ND-CP is at an interest rate of 6.6%/year (equal to the lending interest rate for poor households prescribed by the Prime Minister in each period). See more...
Proposal for single mothers with an income of less than 30 million VND/month to buy social housing
The Ministry of Construction submitted a dossier to appraise the Decree amending and supplementing a number of articles of Decree No. 100/2024/ND-CP dated July 26, 2024 of the Government detailing a number of articles of the Housing Law on the development and management of social housing.
One of the notable points stipulated in Article 30 on income conditions is as follows:
For subjects specified in Clauses 5, 6 and 8, Article 76 of the Housing Law, it is necessary to ensure income conditions such as:
In case the petitioner is unmarried or confirmed single, the average monthly income actually received shall not exceed 20 million VND according to the Salary and Salary Table confirmed by the agency, unit, or enterprise where the subject works.
In case the subject is unmarried or confirmed to be single and raising a minor child, the actual average monthly income received shall not exceed 30 million VND as calculated in the Salary Table, confirmed by the agency, unit, or enterprise where the subject works. See more...
Gia Lai auctions the starting price of over VND1,190 billion for prime land in Quy Nhon
On September 20, the People's Committee of Gia Lai province auctioned a land plot of more than 3.16 hectares to implement the Quy Nhon Commercial and Tourism Service Apartment Project.
This land was previously a real estate facility of Quy Nhon College of Technology, currently in Quy Nhon Nam ward.
Located on the coastal road of An Duong Vuong, the land is considered a prime land in Quy Nhon. The starting price for the auction is more than 1,193 billion VND, with a land use term of 50 years.
According to the decision, the land will be divided into many items. Of which, the area of over 1.5 hectares is for apartment buildings combined with trade and services; the land area for construction is 6,209m2. The entire project is expected to have about 2,704 apartments.
The project implementation progress is 2 years from the date of the land allocation decision of the Provincial People's Committee. If investors are slow to implement or do not complete on schedule, they will be handled according to regulations. See more...
