housing market

Housing prices in Hanoi and Ho Chi Minh City have changed unexpectedly. Illustration photo: Luc Giang

Unexpected developments in the housing market in Hanoi and Ho Chi Minh City

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In the fourth quarter of 2024, luxury and super luxury housing projects opened for sale in Ho Chi Minh City, raising the average price threshold to 76 million VND/m2, higher than Hanoi.

Efforts to remove legal obstacles have not helped improve housing supply in Ho Chi Minh City. Photo: Anh Tu

Housing supply unlikely to improve

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Ho Chi Minh City is forecast to continue to be "thirsty" for housing supply in 2025.