Mr. Nguyen Quoc Anh - Deputy General Director of PropertyGuru Vietnam - said that from the second quarter of 2025, the real estate market will enter a period of prosperity and real estate prices are expected to continue to increase.
According to Mr. Nguyen Quoc Anh, confidence in the real estate market will return, investor sentiment will improve, thereby affecting investment decisions.
Experts emphasize that the real estate market is currently in a new cycle, the market context in the cycle is based on 3 factors such as credit, interest rates, and policies. In particular, new laws that will soon take effect will promote the market to recover soon.
Mr. Vo Huynh Tan Kiet - Director of CBRE Vietnam's Housing Marketing Department - predicts that 2025 is considered the first year of a new development cycle.
The real estate market in 2025 is expected to develop more stably and sustainably thanks to supporting factors such as a clear legal corridor and investors who have gained a lot of experience through previous cycles. However, if the market wants to return to the vibrant, "golden" period of 2018-2019, it will still take more time.
According to experts, although the real estate market in 2025 is forecast to recover and prices continue to rise. However, investors need to be careful when investing at this stage because prices will hardly increase as strongly as in the recent past.
Mr. Nguyen Van Dinh - Vice President of the Vietnam Real Estate Association (Vars) - noted that from now until the end of 2025, the provisions of the new Law have not been fully applied, there are still overlaps with the old policy, so there is flexibility in calculating land prices.
Therefore, investors need to proactively update and promptly grasp new changes in the legal corridor, and at the same time adjust their business plans to suit the legal corridor and real estate market development trends.