The real estate market in 2025 marked the strong return of the supply after a long time of being restrained.
After 2023, the supply of a record low apartment, updated until the end of the fourth quarter/2024, the supply of new open apartments for the year 2024 reached about 35,000 units. And to 2025, according to CBRE's forecast, this level increased to 40,000 apartments for both markets, Hanoi and Ho Chi Minh City.
The removal of legal barriers, speeding up the site clearance and financial obligations have helped many key projects restart.
The real estate market report of the Ministry of Construction shows that in the fourth quarter/2024, the supply of real estate (of the commercial housing project, the project is transferred to the land use right to individuals to build houses by themselves. ) has gradually improved in quarter, the next quarter is higher than the previous quarter.
The real estate market is considered by experts to have undergone the reversal from the beginning of 2024 and proceed to the reinforcement stage for the recovery again when the money participating in the market is improving.
Mr. David Jackson - General Director of Real Estate Consulting Company Avison Young Vietnam said that Vietnam's real estate market in 2025 faced many great opportunities thanks to the increasingly complete legal corridor.
From the middle of 2025 onwards, the supply is expected to increase more clearly, coming from new projects and the project has been solved legal entanglement. This recovery momentum is powered by positive economic growth (GDP 2024 reaches 7.09%) and FDI capital flows into the field of real estate.
The suburban areas and the satellite market of large urban areas are forecasted to be the focus of development in the near future.
However, the price of primary and secondary real estate is forecasted to continue to increase in 2025 due to the high cost of input and project development, especially the cost of site clearance.
Dr. Nguyen Duy Phuong, DG Capital Investment Director, said that the real estate market is expected to fall into the expected scenario, the new supply increases 30-40%, the floating interest rate is 10-12%, the price Selling increased by 10-15% and the absorption rate reached 35-40%.
This is the most feasible scenario, reflecting the more positive improved growth of the market.
This expert said that there will be differentiation in the real estate segment in 2025. The segment serves the needs of reality and valuable for example, apartments, townhouses, land in the residential area will attract cash flow as well as the level of interest of individual investors.
Highly investment real estate such as project land in provinces, agricultural land, resort real estate will still not be recovered and prospered in 2025 due to psychology of investors after a difficult period. The real estate market for the period of 2022 - 2023 has not returned to seeking profits in this segment.
Experts also stated that, with the cash flow still directed at real estate to create real needs, and the expectation of the same development in Hanoi, Ho Chi Minh City apartments expect to be the segment. Cash flow towards the first half of 2025.
From the beginning of the third quarter of 2025, the cash flow will now seek wider investment opportunities and gradually shift to the land plot segment. However, at this time, the land with crowded residents will still be the choice of investors.
