Merged into Ho Chi Minh City from July 1, 2025, by the end of 2025, the real estate market in the East of Ho Chi Minh City (formerly Ba Ria - Vung Tau) had a significant increase in asking prices and interest, especially in coastal areas.
Ms. Le Thi Thu Thuy - Branch Director of Batdongsan technology platform (belonging to PropertyGuru group) - said that after the merger, the Ba Ria - Vung Tau area has advantages in the industrial - coordination - logistics chain; advantages in seaports, airports, infrastructure, and international connectivity.
Ho Chi Minh City is currently being compared with the Seoul SMA megacity model (Korea). In which, the Ba Ria - Vung Tau area is similar to the Incheon area with advantages in international deep-water seaports, logistics, and international trade. After the merger, Incheon has now had strong growth in transportation, warehousing and real estate industries.
Ba Ria - Vung Tau stands out with the leading proportion of FDI contributions in the country; is planned with 4 functional zones: industry - seaport; tourism - sea city; agriculture - ecology; sea and islands; synchronous infrastructure - transportation development... making the level of real estate interest in this area have positive growth in all types.
Currently, the real estate market in this area has a clear differentiation according to economic regions. In industrial concentrated areas such as Phu My, Tan Phuoc, Chau Duc, there are outstanding types of real estate such as industrial parks, private houses, land plots... Residential areas, commercial centers such as Ba Ria, Vung Tau have outstanding real estate such as private houses, apartments, shophouses... And coastal resort areas have outstanding real estate such as condotels, resorts...
Through comparative statistics, apartment selling prices are showing growth in the third quarter of 2025, while rental prices are stagnant. In which, the average apartment selling price is currently about 41 million VND/m2 (compared to about 39 million VND/m2 in the second quarter of 2025); the average rental price is about 9 million VND/month. The average selling price of Condotels is currently about 53 million VND/m2 (compared to about 48 million VND/m2 in the second quarter of 2025).
Villas also recorded an increase in asking prices of about 10% compared to before the merger. Currently, the average villa price is about 80 million VND/m2 and the rental price is about 33 million VND/month (in the second quarter of 2025, the selling price is about 74 million VND/m2 and the rental price is about 22 million VND/month). The land market also has differentiation in selling prices in each area, in general, there is growth, but the most significant is still the central area of Vung Tau.
Sharing the same opinion as above, Mr. Le Huu Nhan - Marketing Director of Seahome Real Joint Stock Company - said that in 2026, the market trend in the Ba Ria - Vung Tau area will previously be cash flow real estate (leaseable). In which, some areas are receiving special attention such as Phu My with an international deep-water port; Vung Tau with the orientation of developing high-class tourism with international standards... Moreover, despite the increase compared to before the merger, prices in this area are still "soft" compared to the central area of Ho Chi Minh City.
According to experts, real estate in Ba Ria - Vung Tau is entering a period of strong growth with great development potential. This comes from the fact that coastal real estate complexes are being strongly deployed; infrastructure is being invested in and developed synchronously. However, this is also establishing a new higher price level, posing challenges for real buyers and small investors.
