According to the Onehousing Center for Market Research and Customer Insight, the high-end and luxury apartment segment continues to lead the real estate market in Hanoi and Ho Chi Minh City in terms of both supply and price level.
Mr. Tran Quang Trung - Business Development Director of Onehousing - said that from changes in macro policies, project development plans and product launches of investors, the real estate market in 2025 has 2 segments that investors are interested in: apartments and land.
Accordingly, apartments are the real estate segment that will attract strong investment cash flow in 2025, meeting the needs of cash flow investment or investment waiting for price increase. Apartments are a segment with a moderate total price, many people can participate in investment, while demand is high.
According to experts, if considering the same investment level, apartment products have superior values compared to townhouses and residential land products in terms of rental rates and price increase rate.
Onehousing forecasts that the number of new apartment products opened in the Hanoi market in 2025 is estimated to reach about 30,000 units. Of which, about 60-70% are high-end apartments and 30-40% are luxury apartments.
In the Ho Chi Minh City market, the new supply in 2025 is expected to be about 12,000 units. The high-end and luxury supply accounts for 88% (high-end segment accounts for 42%, luxury segment accounts for 46%).
According to a report by the Vietnam Association of Realtors (Vars), housing prices, especially apartment prices in 2024, have been increasing continuously and uncontrollably since the beginning of the year, due to strong annual growth in supply.
However, although supply has increased, it is still insufficient and weak compared to the actual housing demand of the market, with an estimated need to increase by 1 million housing units per year in urban areas.
To solve the problem of high apartment prices, Dr. Can Van Luc - Chief Economist of BIDV and Director of BIDV Training and Research Institute - said that one of the important solutions is to increase supply to the market.
Experts say that providing social housing is necessary to ease price pressure. In addition to increasing supply, it is necessary to quickly resolve real estate and land projects that have been stuck, stagnant or abandoned for many years.
Because these projects are worth tens of billions of dollars. If cleared, the supply will be huge and investors will be willing to sell at more attractive prices.
