After a period of maintaining the upward momentum, the real estate market began to show clearer adjustments from June.
According to the Real Estate Market Report for the first 9 months of 2026 conducted by the Biggee real estate data platform, the price level in most regions and segments is still higher than the beginning of the year. However, the growth rate has slowed down significantly compared to the previous period.
Data in 11 provinces and cities tracked by Biggee shows that project land plot prices decreased by an average of 1.2% compared to June. 3 out of 11 localities recorded price decreases. Compared to January, the price of this segment still increased by 0.2%.
The price level of land plots has a large difference between areas. In Ho Chi Minh City, the common price is in the range of 58–69 million VND/m2; Da Nang from 42–50 million VND/m2; Can Tho from 49–61 million VND/m2.
In suburban markets, land plot prices in Binh Duong range from 22–27 million VND/m2, Dong Nai from 20–24 million VND/m2 and Long An from 18–21 million VND/m2. In Ba Ria – Vung Tau, the common price is 17–21 million VND/m2; Bac Ninh from 27–33 million VND/m2; Quang Ninh from 34–42 million VND/m2.
The above developments show that adjustment pressure is more concentrated in project land plots. However, the decrease since June is not enough to pull the general price level down below the beginning of the year.
Land frontage is the lowest increasing segment in 9 months, with an average increase of 0.5% compared to June and 1.3% compared to January. Among the 29 provinces and cities being monitored, 8 localities recorded price decreases.
Ho Chi Minh City and Hanoi still maintain the upward momentum, but the increase is insignificant compared to other segments. Land prices on the street front in Hanoi are at the highest level in the survey group, ranging from 409–494 million VND/m2, while Ho Chi Minh City is from 184–223 million VND/m2.
Da Nang is a bright spot when frontage land prices increased by an average of 12.3% compared to the beginning of the year, to about 72–86 million VND/m2. Biggee also assessed Binh Duong, Dong Nai and Long An as notable areas due to high urbanization rates, while the price level is still significantly lower than large cities.
Contrary to the sluggish developments of land plots and frontage land, apartments are still the strongest growing segment. Apartment prices increased by an average of 3.2% compared to June and 8.4% compared to the beginning of the year. Among the 20 provinces and cities being monitored, only one locality recorded a price decrease.
Common apartment prices in Hanoi range from 83–96 million VND/m2; Ho Chi Minh City from 74–83 million VND/m2 and Da Nang from 73–85 million VND/m2. In other areas, prices are significantly lower, such as Dong Nai from 28–32 million VND/m2, Long An from 30–32 million VND/m2 and Can Tho from 30–36 million VND/m2.
The low-rise project segment increased by an average of 0.3% compared to June and 5.9% compared to the beginning of the year. Only 2 out of 16 localities monitored recorded price decreases.
Explaining why many people feel the market is falling deeply, Biggee believes that part of the reason comes from the developments in some major cities. Prices at these projects have adjusted significantly, while supply, transaction volume and level of interest are large, making local developments easily seen as a general trend of the entire market.
However, when expanding the scope of monitoring, many projects still recorded price increases in the first 9 months of the year. Data shows that the market is entering a phase of adjustment and stronger differentiation, instead of a widespread simultaneous price drop.
The administrative units in the article are shown according to the administrative units before the merger, in order to ensure consistency and avoid data dilution when comparing prices between regions.
