4 reasons why apartments in Ho Chi Minh City are "favorite" with Hanoi customers
According to experts, the capital flow of Hanoi real estate investors is increasingly shifting to the apartment segment in Ho Chi Minh City for 4 main reasons.
Firstly, the level of primary price adjustment from the investor here is less than the capital. According to Savills Vietnam, over the past 5 years, each year the price of primary apartments in Hanoi increased by 22%. Particularly, some areas such as Tay Ho increased by 40% per year, pushing the primary price up to 185 million VND per m2. In particular, according to the One Housing research team, the price of primary apartments in Ho Chi Minh City only increased by 12% in the period 2021-2023. Even if the supply lacks last year, the primary price in this market only increased by 15%.
Apartments in the capital are also recording an increasingly large difference in primary selling prices from investors and secondary prices transferred by buyers, especially in the high-end segment.
A survey by One Mount Group earlier this year also showed that nearly 50% of Northern investors expressed interest in the apartment segment in Ho Chi Minh City. Of which, 20% are willing to pay immediately.
The second factor that attracts the attention of investors is the supply of apartments in Ho Chi Minh City forecast to warm up in the middle and long term. According to Savills statistics, in the beginning of this year, only 800 apartments were launched and most came from the next stage of large -scale projects. However, in the second quarter of 2025, the real estate market welcomed a strong prosperous wave with a supply of housing forecasting 30% compared to the previous quarter, thanks to a series of legal policies to remove legal, development infrastructure and positive signals from the economy.
The East continues to be the most vibrant market in Ho Chi Minh City with abundant and diverse supply. Particularly in An Phu Ward, Thu Duc Center (former District 2), there are 03 high -rise projects that are "moving" to launch in May as the Prive project of Dat Xanh, Eaton Park of Gamuda Land and Lumiere Midtown at The Global City of Masterise Homes. In particular, Lumiere Midtown luxury project is being interested by investors and customers because this is the only high -end apartment in the urban area in the center of District 2.
Third, when investor sentiment is positive, leading to gradually improving liquidity in recent quarters, it is also a magnet to attract capital flows "catching on the shore" of Hanoi investors. Avison Young real estate services company estimates the average absorption rate of apartment projects in Ho Chi Minh City in the first quarter of this year to be up to 70-75%.
In the first quarter of 2025 alone, the overall absorption rate of the whole market will reach 45%, equal to 50% of the previous quarter but double the same period in 2024, according to research data from the Vietnam Association of Realtors (VARS). VARS's analysis also shows that the absorption rate of newly opened projects is still very positive, reaching about 60%, especially in provinces and cities with specific information on planning, infrastructure and new projects such as Hanoi, Ho Chi Minh City, Hai Phong, Da Nang...
The final factor, also the most important, is the infrastructure of Ho Chi Minh City and neighboring localities being strongly invested to increase the linkage. This becomes the motivation to increase the price of secondary apartments, especially in the East of the city, such as Ben Thanh-Suoi Tien Metro line after 3 months in operation from December 2024, increasing the absorption rate of apartments along the route, as well as pushing the transfer price here to 20-22% compared to the beginning of the year.
The great "attraction" of luxury apartment projects in the center of District 2
According to experts, the East of Ho Chi Minh City is an attractive destination for investors as well as home buyers. The selling price and supply here are constantly increasing but still have a good absorption rate.
In addition, the infrastructure is strongly invested in the East of Ho Chi Minh City is the "gravity" for the Northern investors. A series of key works such as inter -ward roads - arterial roads of the East of Ho Chi Minh City passing through The Global City urban area, connecting Thao Dien and District 9 (old); Along the tunnel of An Phu intersection is expected to complete the second quarter of this year; Do Xuan Hop Street is expected to expand this year, Long Thanh International Airport is under construction ... This synchronous development helps the East, especially Ho Chi Minh City. Thu Duc became a "new growth" of Ho Chi Minh City.
According to the expected information of the central and Ho Chi Minh City to become "Super City, the center of the old district 2, now Thu Duc City is the new center on the overall map. And projects at the" core "of District 2 center like The Global City urban area become the focus of investors.
Standing out at the "heart" of The Global City, the high-rise subdivision has been in the "vision" of investors and customers since before its launch. At the end of April, Masterise Homes revealed the first image of the high-rise subdivision called LUMIERE Midtown.
Lumiere Midtown is considered an expensive living space when there is "all in one", meeting the needs of comfort when located right in the inter -ward road, convenient connection to anywhere; Opposite the commercial center of 123,000 m2, meeting the needs of settling and rich life experience and inheriting the entire international -class utility system of The Global City in just a few steps. At the same time, this subdivision inherits a solid commitment to the international quality, the solid legal of Masterise Homes and the Lumiere brand that had previously made a resounding impression in the market, typically Lumiere Riverside in Thao Dien area. This is the perfect choice for customers and investors in Hanoi are interested in the luxury apartment segment in the center of Ho Chi Minh City.
