According to the Real Estate Market Report of the Research and Development Department of BHS Group (BHS R&D), in the fourth quarter of 2025, the low-rise housing market recorded a downward trend in supply and transaction volume compared to the previous quarter. Total supply in the quarter reached more than 11,050 products, down more than half compared to the third quarter of 2025; including more than 5,100 newly launched products, concentrated in localities such as Hanoi, Hung Yen, Ninh Binh, Tay Ninh and Ho Chi Minh City.
For the whole year 2025, the supply of low-rise housing nationwide reached more than 48,300 products. The absorption rate in the fourth quarter of 2025 reached nearly 55%, equivalent to more than 6,050 transactions, down 52% compared to the previous quarter.
The supply of low-rise housing in Hanoi is mostly pre-built.
The supply of primary low-rise housing in Hanoi in the fourth quarter of 2025 is all pre-built products, with more than 1,500 products, down 50% compared to the previous quarter and down 45.7% compared to the same period in 2024. For the whole year 2025, the supply in Hanoi reached more than 7,920 units.
Supply is mainly concentrated in the West and Northwest areas of the city, accounting for more than 90%, with typical projects such as Vinhomes Wonder City, Hoa Lac Metro City, Noble Palace Tay Thang Long. The absorption rate of the Hanoi market in the quarter reached 67.4%, mainly concentrated in O Dien and Yen Xuan communes.
Regarding selling prices, pre-built low-rise houses in Hanoi have a fairly wide price range, from 120 - 560 million VND/m2. Yen Xuan area alone recorded a lower price, about 90 million VND/m2. The areas of Viet Hung ward, Phu Thuong ward and Dinh Cong ward have the highest primary price in the market, fluctuating on average from 400 - 500 million VND/m2. In which, Viet Hung ward recorded the highest price of low-rise houses, with a price range of 377.2 - 560.2 million VND/m2. Compared to Q3/2025, the price level in general remained unchanged, some projects increased slightly by 3 - 4%.
Low-rise housing price levels in Ho Chi Minh City are clearly differentiated after mergers
In Ho Chi Minh City, the primary supply of low-rise housing in the fourth quarter of 2025 increased sharply, with more than 4,000 products on sale, 5.3 times higher than the previous quarter and 15.8 times higher than the same period in 2024. For the whole year 2025, the supply in this market reached more than 5,200 products, all of which are pre-built low-rise products.
Supply is mainly concentrated in Can Gio commune and Tan Uyen ward, in which the Vinhomes Green Paradise project (Can Gio commune) dominates with more than 3,800 products in phase 1, equivalent to more than 95% of the total market supply. Consumption in the fourth quarter of 2025 reached more than 2,100 products, raising the total transaction volume for the whole year to nearly 2,800 products, mainly from this project. Absorption rate reached 53% in the quarter and 57% in the whole year 2025.
After the merger of administrative boundaries, the price level of low-rise houses in Ho Chi Minh City is clearly differentiated. The old Ho Chi Minh City area recorded higher prices, with prices ranging from 95 - 457 million VND/m2; while the old Binh Duong area had lower prices, fluctuating from 21 - 117 million VND/m2. Compared to the previous quarter, the price level did not have much fluctuation.
BHS Group's Research and Development Department forecasts that low-rise housing is still a potential segment thanks to continued infrastructure development, increasingly scarce land funds in the inner city area and the actual needs of many customers.
According to BHS Group, the market will have screening, in which customers tend to choose products from large, reputable investors, ensuring delivery quality, infrastructure and legality; prioritizing long-term investment, limiting speculation. Selling prices are expected to increase steadily in the context of market supply at a relative level.
