Urban development along key transport projects
Talking to Lao Dong Newspaper, Dr. Nguyen Van Dinh - Vice President of the Vietnam Real Estate Association - assessed that currently, core areas such as Hanoi and Ho Chi Minh City have almost completely developed land funds. Therefore, urban projects in large urban core areas are almost difficult to develop. Meanwhile, many major key transport projects such as highways, trains, airports, etc. have led to the development of satellite cities.
In fact, in recent times, many transport projects have started construction or are preparing to start construction, creating momentum to push the real estate market on the outskirts of Hanoi. Typically, the Gia Binh airport project (60km from Hanoi) and Ring Road 4 create traffic connecting and developing the suburbs.
The Ring Road 4 of Hanoi Capital Region is implemented in 7 component projects, of which component project 3 is the "backbone" including a highway nearly 113km long (the section through Hanoi is 57km long, Hung Yen 19km, Bac Ninh 27km and the connecting route towards Noi Bai - Ha Long Expressway is about 9.7km). The investment project is expected to be basically completed in 2026 and put into operation in 2027.
According to information from the Ministry of Construction, localities as the governing bodies are continuing to implement procedures to start construction of 3 expressway projects, including component project 3 of Ring Road 4 of Hanoi Capital Region on the occasion of August 19, 2025.
According to the Hanoi People's Committee, the city will speed up traffic projects, starting the construction of Tran Hung Dao, Ngoc Hoi, Van Phuc bridges on the occasion of National Day 2.9 and Thuong Cat on the occasion of 10.10.2025. These bridges will be an important driving force for the development of the suburban real estate market.
In Ho Chi Minh City, in the last months of the year, the real estate market in the East is expected to continue to increase thanks to the momentum from transport infrastructure. Up to now, a series of key traffic routes such as Long Thanh airport, Ring Road 2, Ring Road 3, Ben Luc - Long Thanh expressway, Bien Hoa - Vung Tau expressway... are speeding up progress to reach the finish line, creating more value for the area.
Thanks to the momentum from infrastructure, the trend of population dispersion and urban development space expansion, the real estate market in the East of Ho Chi Minh City is showing positive signs of supply and demand from the beginning of 2025 until now. Typical examples include the Izumi City integrated urban area project with a scale of 170 hectares; FIato Airport City apartment project...
Bright spot of public investment - a driving force for the real estate market
According to the Ministry of Finance, by the end of July 2025, the whole country had disbursed more than VND 388,300 billion, reaching 43.9% of the plan assigned by the Prime Minister, a sharp increase compared to 33.8% in the same period last year.
The bright spot of public investment is also the driving force of the real estate market. The Ministry of Construction said that the second quarter of 2025 witnessed many positive changes in the market, reflected in the increase in the number of newly licensed projects - especially in the social housing and land segment, partly meeting the real and urgent needs of the people.
According to the Ministry of Construction, in the second quarter of 2025, the whole country had 58 newly licensed housing and land projects with 16,627 units/plot, an increase of 28.9% compared to the first quarter; 157 projects eligible for business with 52,223 units/plot, an increase of 55.4% compared to the previous quarter. Social housing alone recorded 16 projects starting construction with 9,544 units and 32 projects completing about 26,528 units.
