Topic: Residential market

Vietnam remains one of the fastest-growing economies in Asia despite global fluctuations, according to global real estate services firm JLL.

Ho Chi Minh City’s residential real estate market exhibited clear segmentation during 2024, with luxury properties dominating while affordable housing faced challenges in supply and demand.

Many observers have noted that despite there being significant demand and strong growth momentum, Vietnam’s residential real estate market has not been able to develop healthily and sustainably. It still faces challenges from complex legal procedures, lack of land funds and investment capital, supply-demand mismatches, and rapidly increasing sales prices.