Principles of real estate market regulation in 2025
According to Article 77 of the 2023 Law on Real Estate Business (amended by Point d, Clause 4, Article 57 of the Law on Urban and Rural Planning 2024, effective from July 1, 2025), real estate market regulation must ensure compliance with the following principles:
- The State regulates the real estate market through planning, land use plans, urban and rural planning, urban and housing development programs and plans; ensuring supply and demand and a structure of real estate products suitable for each stage of the market; ensuring the real estate market develops healthily, safely and sustainably.
- The State regulates the real estate market in cases where the real estate market has complicated developments affecting socio-economic stability but must ensure the following factors:
+ Unity of the national economy.
+ Respect the market rules to the fullest.
+ Protect the interests of the State, the legitimate rights and interests of relevant organizations and individuals.
+ Timely, feasible, suitable for time and subject of application.
What are the measures to regulate the real estate market?
According to Article 78 of the Law on Real Estate Business 2023 (amended by Point d, Clause 4, Article 57 of the Law on Urban and Rural Planning 202), when regulating the real estate market, there are the following regulatory measures:
- Adjust planning, land use plans, urban and rural planning, urban development programs, and housing plans to implement real estate projects.
- Adjust supply and real estate market structure through adjusting the goals, scale, progress, and product structure of real estate projects.
- Extension of tax payment for entities operating in the real estate business with special difficulties in each period.
- Support preferential interest rates for customers and real estate businesses for real estate types that need support and development priority.
- Operate financial and credit policies for the real estate business sector in accordance with the market situation in each period.
- Implement other policy management to regulate the real estate market in each period.
At the same time, in Article 35 of Decree 96/2024/ND-CP (amended by Point b, Clause 5, Article 28 of Decree 178/2025/ND-CP), measures to regulate the real estate market will be chaired by the Ministry of Construction, in coordination with relevant ministries and agencies to synthesize reports to assess the situation, propose measures to regulate the real estate market to submit to the Government for consideration and decision, including the following contents:
- The Ministry of Construction proposes measures to regulate the real estate market related to policies and laws on urban and rural planning, construction, housing, real estate business; on urban development programs and plans, housing, real estate; on real estate product structure.
- The Ministry of Planning and Investment proposes measures to regulate the real estate market related to legal policies on investment and bidding.
- The Ministry of Natural Resources and Environment proposes measures to regulate the real estate market related to land laws.
- The Ministry of Finance proposes measures to regulate the real estate market related to legal policies on taxes, finance, securities, and corporate bonds.
- The State Bank of Vietnam proposes measures to regulate the real estate market related to credit laws.
- The provincial People's Committee reviews the implementation of real estate projects of localities and enterprises and proposes measures to regulate the real estate market in the area.
