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Vietnam's Housing Market is Heating Up

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In the second quarter of 2022, housing prices in Ho Chi Minh City increased by 19.44% year-on-year.

Vietnam's real estate market is gaining momentum after a sharp slowdown due to the COVID-19 pandemic. Apartment prices in Ho Chi Minh City rose sharply by 19.44% compared to the same period last year in the second quarter of 2022, adjusted for inflation. It is a sharp contrast to the year-on-year decline of 2.76% in the second quarter of 2021. Compared to the previous quarter, house prices increased by 7.17% in the second quarter of 2022.

Supply and demand. Vietnam opened up to foreign home buyers in 2015 and has expanded greatly since then. Most of the buyers come from Hong Kong, Mainland China, Singapore and South Korea. Unfortunately, Vietnam's housing market was hit hard by the COVID-19 pandemic in 2020: housing prices and rents fell by double digits. The housing market is currently strengthening again as market confidence and demand are slowly improving. According to JLL Vietnam, more than 20,000 units will be produced in 2021.

Economy. According to the General Statistical Office, the Vietnamese economy grew by 7.72% in the second quarter of 2022 compared to a year earlier mainly due to the strong manufacturing and construction sectors, as well as the recovery of household consumption.

According to the forecast published by the International Monetary Fund (IMF), the economy will grow by 6% this year after modest growth of 2.58% in 2021 and 2.91% in 2020.

Propreties for sale in Vietnam:
Flat for 183 139 euro in Nha Trang, Vietnam
183 139 €
Flat in Nha Trang, Vietnam
65 sq.m 3 2 1
Online Viewing Remote Transaction
Apartments with a yield of 30% with flexible payment and installments. With a quick payment, a discount of up to 16% is possible. At Welltone Luxury, the main amenities will be places for recreation and entertainment, dining areas, relaxing spas, sunbathing, swimming and more. The apartment has a magnificent view of the bay. The project, for...
DDA Real Estate
Flat for 156 138 euro in Nha Trang, Vietnam
156 138 €
Flat in Nha Trang, Vietnam
40 sq.m 2 1 1
Online Viewing Remote Transaction
Apartments with a yield of 30% with flexible payment and installments. With a quick payment, a discount of up to 16% is possible. At Welltone Luxury, the main amenities will be places for recreation and entertainment, dining areas, relaxing spas, sunbathing, swimming and more. The apartment has a magnificent view of the bay. The project, for...
DDA Real Estate
Studio for 105 266 euro in Nha Trang, Vietnam
105 266 €
Studio in Nha Trang, Vietnam
38 sq.m 1 1
Online Viewing Remote Transaction
Apartments with a yield of 30% with flexible payment and installments. With a quick payment, a discount of up to 16% is possible. At Welltone Luxury, the main amenities will be places for recreation and entertainment, dining areas, relaxing spas, sunbathing, swimming and more. The apartment has a magnificent view of the bay. The project, for...
DDA Real Estate
Flat for 332 233 euro in Nha Trang, Vietnam
332 233 €
Flat in Nha Trang, Vietnam
102 sq.m 4 3 1
Online Viewing Remote Transaction
Apartments with a yield of 30% with flexible payment and installments. With a quick payment, a discount of up to 16% is possible. At Welltone Luxury, the main amenities will be places for recreation and entertainment, dining areas, relaxing spas, sunbathing, swimming and more. The apartment has a magnificent view of the bay. The project, for...
DDA Real Estate
Villa for 575 204 euro in Danang, Vietnam
575 204 €
Villa in Danang, Vietnam
210 sq.m 2 1 1
Online Viewing
Premium hotel villas for recreation, with a yield of 10% per year and an excellent location by the sea. Fusion Resort & Villas Danang is a new luxury real estate project in Danang. Distinctive amenities: - own gardens; - private pools; - pavilions. The peculiarity of the project is that all the villas are located on the beach....
DDA Real Estate
Villa for 1 213 393 euro in Danang, Vietnam
1 213 393 €
Villa in Danang, Vietnam
320 sq.m 3 2 1
Online Viewing
Premium hotel villas for recreation, with a yield of 10% per year and an excellent location by the sea. Fusion Resort & Villas Danang is a new luxury real estate project in Danang. Distinctive amenities: - own gardens; - private pools; - pavilions. A special feature of the project is that all the villas are located on the beach....
DDA Real Estate
Villa for 1 959 027 euro in Danang, Vietnam
1 959 027 €
Villa in Danang, Vietnam
463 sq.m 5 4 1
Online Viewing
Premium hotel villas for recreation, with a yield of 10% per year and an excellent location by the sea. Fusion Resort & Villas Danang is a new luxury real estate project in Danang. Distinctive amenities: - own gardens; - private pools; - pavilions. The peculiarity of the project is that all the villas are located on the beach....
DDA Real Estate
Villa for 3 823 114 euro in Danang, Vietnam
3 823 114 €
Villa in Danang, Vietnam
729 sq.m 6 5 1
Online Viewing
Premium hotel villas for recreation, with a yield of 10% per year and an excellent location by the sea. Fusion Resort & Villas Danang is a new luxury real estate project in Danang. Distinctive amenities: - own gardens; - private pools; - pavilions. A special feature of the project is that all the villas are located on the beach....
DDA Real Estate
Flat for 114 546 euro in Ho Chi Minh City, Vietnam
114 546 €
Flat in Ho Chi Minh City, Vietnam
46 sq.m 3 2 1
Online Viewing Remote Transaction
Luxury apartments GLORY HEIGHTS from the famous developer Vinhomes Grand Park. A good offer for real estate investments in Vietnam. Layout: 1 BR + 1 additional room. The GLORY HEIGHTS business class residential complex is located in the most sought-after neighborhood of Vietnam's largest metropolis, Ho Chi Minh City. The expected return...
DDA Real Estate
Flat for 187 884 euro in Ho Chi Minh City, Vietnam
187 884 €
Flat in Ho Chi Minh City, Vietnam
81 sq.m 4 3 2
Online Viewing Remote Transaction
Luxury apartments GLORY HEIGHTS from the famous developer Vinhomes Grand Park. A good offer for real estate investment in Vietnam. The GLORY HEIGHTS business class residential complex is located in the most sought-after neighborhood of Vietnam's largest metropolis, Ho Chi Minh City. The expected return on investment will be up to 30% per...
DDA Real Estate
Studio for 79 092 euro in Ho Chi Minh City, Vietnam
79 092 €
Studio in Ho Chi Minh City, Vietnam
31 sq.m 1 1
Online Viewing Remote Transaction
Luxury apartments GLORY HEIGHTS from the famous developer Vinhomes Grand Park. A good offer for real estate investment in Vietnam. The GLORY HEIGHTS business class residential complex is located in the most sought-after neighborhood of Vietnam's largest metropolis, Ho Chi Minh City. The expected return on investment will be up to 30% per...
DDA Real Estate

Source: Global Property Guide
Photo by Tron Le on Unsplash

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News and articles on the topic «Vietnam»

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Vietnam's Housing Market is Heating Up

In the second quarter of 2022, housing prices in Ho Chi Minh City increased by 19.44% year-on-year.

  • 24.10.2022
  • 6