The real estate market is recording many notable developments, especially the trend of investors shifting. Experts believe that investment cash flow in the period from the end of 2025 to the beginning of 2026 is showing signs of strong repositioning, as infrastructure accelerates, administrative planning changes, and large urban areas emerge as new attraction poles.
Dr. Nguyen Van Dinh - Vice Chairman of the Vietnam Real Estate Association, said that the market picture is witnessing a major turning point thanks to the breakthrough of transport infrastructure. The simultaneous start of hundreds of projects, especially metro lines in Ho Chi Minh City or high-speed railway networks connecting growth poles such as Hanoi - Quang Ninh, not only expands development space but also directly impacts investment capital flows.
According to him, instead of looking for individual products, investors today prioritize large urban areas that can synchronously meet the quality of life. This is a segment that closely follows real needs and has a more sustainable development foundation than fragmented models.
A wave of shift is also forming as many investors leave the inner city area to find suburban cities such as Bac Ninh, Ninh Binh. Landscape and living environment advantages become new attraction factors. This trend is strengthened when inter-regional connectivity infrastructure is promoted, shortening the distance between satellite cities and the center of Hanoi and Ho Chi Minh City, thereby turning areas that were once considered remote into noteworthy investment destinations.
Forecasting market trends in the coming period, Assoc. Prof. Dr. Tran Dinh Thien - Member of the Prime Minister's Economic Advisory Group said that the market can no longer be accessed by general assessments or short-term "waves". Factors that need to be considered are the shift of administrative centers and economic power.
In the context of re-planning administrative units and province merger scenarios, real estate values will be strongly differentiated. Old administrative centers, if they no longer play the role of focal points, may face the risk of devaluation when people and capital flows shift. Conversely, localities selected as new administrative centers will become places to converge management apparatus, investment and trade activities, thereby promoting infrastructure development and the real estate market.
According to Mr. Thien, the most attractive coordinates today are areas with clear breakthroughs in infrastructure or attracting large-scale leading capital flows. Hung Yen is considered an example when large-scale sports complexes appear along with the interest of domestic and foreign corporations. The megacities here are not only housing projects but also create regional connections, shorten the distance from the center of Hanoi, and even be more convenient than some traditional peripheral areas.
The driving force for growth is also associated with commitments to invest in key transport infrastructure. The Can Gio story shows that when a metro line connecting from Ben Thanh or a connecting bridge to Ba Ria - Vung Tau is deployed, the travel time will be shortened to about 15 - 17 minutes, which will change the regional position, from the suburbs to becoming a high-value expansion of the Ho Chi Minh City economic center.
Assoc. Prof. Dr. Tran Dinh Thien also emphasized the difference between long-term investment and short-term speculation. Long-term investment is associated with planning, infrastructure and real capital flows; while speculation is only based on short-term price increase expectations and is easily eliminated when the market enters the screening phase. In the new development cycle, real estate can only be sustainable when placed correctly at the strategic coordinates of geo-economic shift and urban driving force.
