Sharing with Lao Dong reporters, Cushman & Wakefield said that the housing market in the satellite area of Ho Chi Minh City in the fourth quarter of 2025 recorded notable movements when supply and transactions had a clear differentiation between localities. While Binh Duong (old) led in terms of apartments in both supply and liquidity, Ba Ria - Vung Tau (old) emerged in the landed house segment thanks to infrastructure expectations.
In the apartment segment, the total primary supply reached nearly 17,000 units. The new supply in the quarter alone reached nearly 7,800 units, many times higher than the previous quarter.
Thuan An and Di An continue to be two hot spots when focusing on many large-scale projects for sale, benefiting from synchronous infrastructure and convenient connection to Ho Chi Minh City.
Primary apartment selling prices in Ho Chi Minh City continue to maintain a slight upward trend, reaching an average of about 2,031 USD/m2, an increase of nearly 2% compared to the previous quarter. This price level is assessed to be still "soft", creating room to attract both real homebuyers and long-term investors.
Meanwhile, Ba Ria - Vung Tau (old) recorded a new apartment project entering the market with about 700 units for sale in Phu My, marking a sign of recovery after a long period of scarcity of new supply. However, the absorption level of just over 500 units shows that the market is still in the exploration phase, and buyers maintain a cautious mentality.
The primary selling price of apartments here averages about 1,297 USD/m2, down compared to the previous quarter because demand is not strong enough to form a new price level. The price difference between the two localities shows the different levels of development and demand.
In the landed house segment, Ba Ria - Vung Tau (old) is more prominent. Quarter IV/2025 recorded more than 1,000 products on sale, nearly 4 times higher than mid-year. Trading volume reached nearly 500 units, an increase of more than 37% compared to the previous quarter. Supply is concentrated in Long Dien, Phu My and areas benefiting from the Bien Hoa - Vung Tau expressway, Long Thanh airport.
The average primary selling price of landed houses here reached about 3,190 USD/m2, down compared to the previous quarter due to changes in product structure. Some high-end positioning projects still recorded significantly higher prices, showing clear differentiation in the same market.
The outlook for 2026 is forecast to continue to lean towards the satellite sector as new supply is expected to increase sharply. The Binh Duong (old) area may add more than 20,000 apartments next year, while Ba Ria - Vung Tau (old) is expected to supply nearly 11,000 apartments.
The main driving force of the market is still infrastructure. Ring roads, expressways and Long Thanh airport are expected to reshape cash flow and a new growth cycle for suburban real estate. However, experts believe that the market will develop in a more selective direction, prioritizing projects with clear legal frameworks, synchronous planning and closely following key traffic axes.
After a period of strong fluctuations, the housing market in the satellite area of Ho Chi Minh City is entering a new cycle with a clearer structure. The differentiation between localities and between segments shows that both investors and real buyers have become more cautious, focusing on long-term values instead of expecting short-term price increases.
