According to online data from Batdongsan.com.vn, the real estate market in Ho Chi Minh City in the second quarter of 2025 witnessed a significant price increase in the apartment segment, especially in the East and South of the city. The average apartment price in the East will reach about 100 million VND/m2, in the Central region it will range from 110 - 200 million VND/m2.
According to the price history data collection of Batdongsan.com.vn, private house prices in the East increased by an average of 15% in the first 8 months of the year. During the same period, apartment prices in the East increased by an average of 30%, double the increase in private house prices.
For the South, the average apartment price increase rate is about 35% while this figure for private houses is quite modest, about 10%. This development has led to the price gap between apartments and townhouses getting narrower, in some places even exceeding the price of private houses and townhouses.
Looking back at the apartment market in Ho Chi Minh City 5-10 years ago, it is clearer to see the "dizzying" price increase of this type. Accordingly, an actual survey by Batdongsan.com.vn shows that the price of 2-bedroom apartments at Masteri Thao Dien in 2017 was about 3 billion VND, but now the actual transaction price is about 7 - 8 billion VND.
Or Empire City project in Thu Thiem, when the first building was opened for sale in 2016 with a price of 60 - 70 million VND/m2, is now trading at 170 - 200 million VND/m2. Even river-view apartments have skyrocketed in price to 300 - 350 million/m2, an increase of 5 times compared to the time of opening for sale.
Mr. Dinh Minh Tuan, Director of Batdongsan.com.vn in the Southern region, said that the reason for the sharp increase in apartments in Ho Chi Minh City in general and the luxury and luxury apartment segment is mainly due to the rapid increase in primary apartment prices while the supply is low. In addition, sharp interest rates have also caused investors to pour money into apartments. This is also a type of property that has been strongly resolved by the legal system in recent times.
Regarding the trend of apartment prices in the coming time, Mr. Tuan said that from now until the end of the year, the apartment type will continue to lead the Ho Chi Minh City market thanks to growth in real demand, recovery confidence from legal removal and new high-quality supply from reputable investors. However, investors still need to be careful with projects that are easily priced in the context of scarce supply.
With the rate of double-digit price increases for many consecutive quarters, apartments in Ho Chi Minh City are forecast to continue to maintain an upward trend in the medium term, especially in areas benefiting from large infrastructure such as Thu Duc City, Nha Be, Binh Chanh. However, experts warn that if there is no strong solution to develop the affordable housing segment, the market will fall into a state of imbalance, making it increasingly difficult for real buyers to access.
According to One Mount Group's Report, a survey conducted on over 300 customers (most of whom are customers in Ho Chi Minh City and have an income of 25 million/month) in early 2025 showed that real estate continues to affirm its position as the top priority investment channel for investors, in the context of a volatile economy.
Notably, apartment products have emerged as the most popular choice, attracting strong attention from investors. Next is the real estate (residential) and land segment, showing diversity in investment trends, however, apartments still maintain the leading position in terms of attractiveness in the market.
Mr. Tran Minh Tien - Director of the One Mount Group Market Research and Customer Insight Center - said that although the Ho Chi Minh City market is not exploding in terms of supply, demand is still strong as buyers actively absorb both old and new products. It is forecasted that in the period of 2025 - 2026, the apartment market in Ho Chi Minh City may welcome about 24,400 newly opened apartments, an increase of 4,400 apartments compared to the previous forecast.
