Apartment prices in many areas continue to maintain an upward trend in the context of supply gradually improving but still not fully meeting market demand.
According to data from One Mount, in the second quarter of 2026, primary apartment prices in the central area of Hanoi reached about 121 million VND/m2, unchanged compared to the previous quarter but still up 46% compared to the same period last year. The price level continues to linger at a high level as the supply in the central area mainly belongs to the high-end and luxury segments.
In Ho Chi Minh City, the price of primary apartments in the central area remained stable at 103 million VND/m2 in Q2/2026, up 14% compared to the same period last year, showing that the price increase momentum is still maintained even though the speed has shown signs of slowing down in the short term.
In the 2026-2027 period, One Mount forecasts that the supply of new apartments in Hanoi will continue to increase as many projects complete legal procedures and meet the conditions for opening for sale, reaching about 35,000-40,000 units per year.
Regarding selling prices, the central Hanoi area is expected to increase by about 10-13% in 2026, while Van Giang (Hung Yen) is forecast to increase slightly by 3-5% thanks to abundant new supply at reasonable prices. In 2027, the price increase is forecast to slow down as many large projects in the South and North simultaneously enter the market.
For Ho Chi Minh City, One Mount forecasts that the market will enter a more stable and positive phase in the 2026-2027 period, mainly thanks to large-scale supply from Binh Duong, thereby increasing the total supply for sale to about 30,000-35,000 units per year.
The central area of Ho Chi Minh City is expected to maintain a relatively stable price level in 2026, with an increase of about 3-5%, before increasing sharply by 15-20% in 2027 thanks to the appearance of a super-luxury project in Saigon ward. Meanwhile, Binh Duong is forecast to maintain a price increase rate of 15-20% per year thanks to the participation of foreign investors with projects with increasingly high completion standards.
Assessing the diễn biến of real estate prices, Dr. Can Van Luc, Member of the National Financial and Monetary Policy Advisory Council, said that house prices in Vietnam increased by 59% in the period 2019-2024. In 2025, house prices continued to increase by another 10-30%.
According to Dr. Can Van Luc, by 2026, the price increase trend will not only take place in large cities but also spread to many localities. One of the important driving forces promoting the market in recent times is the process of perfecting institutions. Many new laws, resolutions and decrees have been promulgated to remove obstacles related to land, investment, housing and real estate business. In addition, the Government is focusing on handling more than 3,300 backlog projects, contributing to unblocking supply and creating more room for the market.
However, according to Dr. Can Van Luc, the price increase between regions has clear differences, depending on the level of benefit from planning and infrastructure.
Data from Batdongsan. com. vn shows that Thuong Tin commune (Hanoi) recorded a 23% increase in land prices compared to December 2025 thanks to the progress of National Highway 1A expansion and capital planning. In Dong Anh, where Tu Lien bridge is being deployed and metro line No. 10 has just started construction, apartment prices increased by 22%.
In addition to planning and infrastructure, Dr. Can Van Luc believes that the price level is also affected by increasing input costs, including land use fees, site clearance compensation costs and construction material prices.
Market sentiment is also a factor contributing to maintaining a high price level. According to a survey by Batdongsan. com. vn, up to 71% of sellers in Ho Chi Minh City and 32% of sellers in Hanoi still maintain the expected price level, not accepting price reductions. Notably, 81% of sellers said that the purpose of selling real estate is to continue buying another real estate. According to Dr. Can Van Luc, the combination of price-holding sentiment and reinvestment cash flow is contributing to establishing a new price level in the market.
