Positive prospects for the real estate market in 2026
Mr. Nguyen Van Dinh - Chairman of the Vietnam Association of Realtors (VARS) said that up to now, the real estate market is showing many positive recovery signals, it can be said that it has overcome the most difficult period and is on a fairly strong recovery path.
However, according to Mr. Dinh, the market still has shortcomings, especially the imbalance in the supply structure.
Reality shows that, in the context of the preparation and completion of project investment procedures still facing many difficulties and prolongations, investors after overcoming this stage often tend to focus on segments that bring high profits, mainly high-end commercial housing. This makes housing resources and supply suitable for the majority of people, especially social housing, continue to be lacking.
Meanwhile, the high-priced commercial housing segment mainly serves investors, businesses and speculators, leading to the phenomenon of buying and selling, reducing the quality of market development.
However, the Chairman of the Vietnam Association of Realtors believes that these inadequacies will gradually be overcome in the period 2026 - 2027, when the Government simultaneously implements many reform solutions, from perfecting institutions, tightening market discipline to promoting digital transformation, strengthening management, supervision and strictly handling violations.
When these solutions are implemented synchronously, the market will gradually become stable, improving the quality of development. We do not see signs of decline or weakening of the real estate market, but mainly inappropriate factors and these factors can be completely adjusted. In the period 2026 - 2027, along with the growth momentum of the economy, the real estate market is expected to have more positive improvements" - Mr. Dinh emphasized.
Apartment segment continues to lead the market
Mr. Nguyen Quoc Anh - Deputy General Director of PropertyGuru Vietnam - said that the real estate market is currently shifting clearly towards serving real and sustainable housing needs. Accordingly, the level of interest in the apartment segment in November 2025 increased by 3%, private houses increased by 1%, while investment segments decreased sharply, including land plots decreased by 22%, townhouses decreased by 3% and villas decreased by 8%.
It is predicted that apartments will still be the leading segment in the first half of 2026. However, not every project can maintain good liquidity. Accordingly, legal products that are not yet complete, are located far from the center, and the connecting infrastructure is not synchronized or lacks practical living amenities will face the risk of slowing down transactions, although the general market is assessed as more stable.
Mr. Tran Minh Tien - Director of the One Mount Group Market Research and Customer Understanding Center - said that in 2026, Hanoi is expected to welcome about 35,000 apartments, all belonging to the high-end and luxury segments. Selling prices are expected to continue to increase steadily and differentiate by region thanks to the high proportion of real homebuyers.
Ho Chi Minh City in 2026 is forecast to have about 17,200 apartments on sale, concentrated in major urban areas with complete legal status. Selling prices maintain an upward trend, especially in the central area - where supply is still limited.
According to Mr. Tran Minh Tien: "2026 will witness the parallel of two major markets: Hanoi continues to stabilize, while Ho Chi Minh City enters a new acceleration cycle.
