The real estate market in 2026 is forecast to enter a more stable development phase when supply is strongly unlocked, infrastructure accelerates and social housing development policies are promoted. In that context, price movements between segments may not be synchronized, especially between land plot prices and apartments.
Mr. Le Huy - a real estate broker with more than 15 years of experience in Hanoi said that the apartment segment still maintains liquidity, but the price level is slowing down because the current price threshold is quite high. Buyers are now more cautious, prioritizing projects with clear legal status, convenient locations and good construction quality.
Meanwhile, land plots, especially in suburban areas or localities heavily invested in transport infrastructure, are receiving higher levels of interest. According to Mr. Huy, many long-term investors choose land plots because they expect a higher price increase band than apartments in the recovery cycle.
Agreeing with this view, Mr. Tran Van Minh - a long-time real estate broker in the Bac Giang area - believes that the psychology of land ownership of Vietnamese people is still very sustainable. According to Mr. Minh, apartments are under great pressure due to high selling prices and increased input costs, while land plots, especially products with full legal status and located in existing residential areas, are not abundant. When the economy recovers and infrastructure continues to expand, land plots often have a faster price reaction. However, the increase will depend on the location and actual development speed of each area, not everywhere increases equally.
Commenting on market developments in 2026, Dr. Le Xuan Nghia - an economic expert said that real estate prices are unlikely to increase sharply as in the previous period. Although economic growth is still maintained at a high level, about 8.5 - 10%, supply is being strongly unlocked thanks to a series of resolutions and new laws that are beginning to take effect.
When supply increases faster than demand, prices will slow down, even tend to stagnate. This is something investors need to pay special attention to," he analyzed.
According to Dr. Nghia, the nature of real estate investment is not only to buy current value but more importantly to buy future value. If there is faith in the sustainable development prospects of Vietnam's economy, real estate is still a solid long-term investment channel.
He also suggested a strategic direction for the market in the future, which is medical - pharmaceutical - resort real estate. With the advantages of a team of good doctors, abundant medicinal herbs and favorable natural conditions, Vietnam can become a high-quality medical - resort center of the region and the world if invested methodically and standardly.
From practical surveys in many localities, Dr. Nghia said that apartment prices in Hanoi may continue to increase but at a slower rate; even in some provinces, apartment prices have decreased compared to the previous year. Meanwhile, land plots have almost never decreased in price but continue to increase according to the long-term development prospects of the economy.
