Successful bid price of residential ESS project in Vietnam 2025

What is happening in Vietnam real estate market in 2024?

Looking for a PDF of this content? Encouraging signs of movements were witnessed throughout 2024 in the Vietnam real estate market. With Vietnam GDP 2024 recorded a growth of 7.09%, one of the highest over the last ten years, positive momentum was present in various real estate sectors.

How many units will be added to Vietnam's real estate market?

"Seven upcoming projects are projected to add over 2,881 units to the market, with the majority of future supply to come from favorable locations such as Ba Dinh, Tay Ho, and Tu Liem districts," said CBRE.

How will Hanoi reshape the real estate market in 2025?

Many types of commercial real estate also recorded many bright spots in 2025. In the hotel sector, the potential is also more evident thanks to the growth of the tourism industry. Savills believes that future supply is expected to reshape the Hanoi market, with 68 projects expected to provide 12,065 rooms from 2025.

Why is ESG important for real estate in Vietnam?

The real estate sector in Vietnam is increasingly shaped by ESG legislations, showcasing the country’s dedication to sustainable development and ethical business practices. The Law on Environmental Protection 2020 mandates thorough environmental impact assessments for real estate projects to mitigate pollution and promote sustainability.

Why should you invest in Vietnamese real estate in q1/2025?

This document assists investors, businesses, and individuals interested in the Vietnamese real estate market in making informed decisions. Q1/2025 witnessed a multitude of positive signals from the Vietnamese economy, with an impressive GDP growth of 6.9% – the highest level recorded since 2020.

How will future supply reshape the Hanoi market?

Savills believes that future supply is expected to reshape the Hanoi market, with 68 projects expected to provide 12,065 rooms from 2025. Notable brands coming to Hanoi include Hilton, Fusion, Accor and Four Seasons. In Ho Chi Minh City, all segments recorded improvements QoQ and YoY, with occupancy up 10 ppts QoQ and 4 ppts YoY to 71%.