The total supply of new housing units in Hanoi and Ho Chi Minh City reached more than 30,000 units in the fourth quarter of 2025, the highest level in the past three years, according to the Market Research and Customer Insights Center of One Mount Group.
In Hanoi, around 15,500 new apartments were launched for sale, up 85% quarter on quarter and 26% year on year.
Meanwhile, Ho Chi Minh City showed a clear recovery following a prolonged period of stagnation. New housing supply in the fourth quarter of 2025 reached 14,500 units, surging 130% from the previous quarter and 2.7 times higher than the same period in 2024.
In terms of pricing, the average primary apartment price in Hanoi stood at VND86 million (about $3,269) per square metre in the fourth quarter of 2025, remaining stable compared with the previous quarter and rising 13% year on year.
In the central area of Ho Chi Minh City, the average selling price climbed to VND103.2 million per square metre, up 8.6% quarter on quarter and 25% year on year.
Looking ahead to 2026, One Mount Group forecasts that the primary apartment market in Hanoi will continue to maintain positive growth momentum, with 35,000–40,000 new units expected to be launched. This level is projected to be on par with or higher than in 2025, and above the post-Covid-19 average.
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