Vietnam's real estate market in 2025 is forecast to enter a new, more promising and sustainable development cycle thanks to the solid support from the completion of the legal framework.
Investor confidence is bolstered and macroeconomic growth factors are strong.
The real estate market in 2025 enters a sustainable development cycle with many strong supports.
These factors are considered not only to help the market recover but also to create a solid foundation for long-term market development.
Powerful boosters
The Vietnamese real estate market is entering a new cycle with many important supports, helping to promote recovery. One of the most important factors is the macroeconomic foundation. According to experts, the Vietnamese economy is expected to grow quite strongly in 2025, possibly reaching double digits as the target set by the Party and the State. The macro economy is also forecast to continue to maintain stability, with inflation controlled at a reasonable level.
The Government is currently promoting transport and urban infrastructure projects, especially public investment at a very high level, equivalent to about 7-8% of GDP - the highest level in Southeast Asia.
In recent times, institutional breakthroughs and administrative reforms in laws with rapid and strong changes have also become important driving forces for the development of the real estate market. Many laws related to land, construction and investment are being revised and improved, creating a favorable and transparent legal environment for the real estate market.
The high-end and luxury apartment segment will continue to lead the market in 2025.
From 2025, the real estate market will enter a new, more stable and solid development cycle thanks to the benefits of policies to support businesses and people, especially home purchase credit packages. For example, recently, the State Bank has made adjustments and issued circulars to remove difficulties for the real estate market such as Circular 08/2020/TT-NHNN amending Circular 22 (2019) with the direction to build preferential credit packages for home buyers with preferential interest rates of just under 6%/year.
Looking at the overall strength of the current real estate market, a long-time expert in this field commented: "10 years ago, ie 2015, was the time marking the complete recovery and transition to a strong development phase of the real estate market after a long period of experiencing the 2011-2013 crisis. By 2025, the market is showing similar recurrence when the foundation of macroeconomics, public investment, law, and credit packages to support home buyers all appear. However, the difference of the current real estate market is that the operating trajectory has become more transparent and sustainable."
Measuring the resilience of Hanoi's real estate market
In the picture of complete recovery and development of real estate, Hanoi is considered the "starting point" to create heat for the entire market. This signal has appeared since 2024 when, contrary to the gloomy development of provincial real estate, projects launched in the Hanoi market all recorded good absorption indexes.
For example, in the West Hanoi market, in the second half of last year, a series of projects such as The Sola Park, The Victoria, Lumi Prestige, Lumi Elite, ... attracted attention due to the increase in interest and closing rate. Some projects launched in the East Hanoi market such as: Imperia Signatuer Co Loa, The Metropolitan, Lumiere SpringBay, ... also made it into the list of projects with the most active transactions in 2024. The common point of these projects is the high-end apartment line, developed by potential real estate giants such as: Vin Group, MIK Group, Masterise Homes, CapitaLand ... Entering 2025, the high-end and luxury apartment segment will continue to lead the market. According to CBRE's forecast, in 2025, the new supply of apartments in Hanoi is estimated to reach more than 31,000 units, mainly concentrated in the high-end segment, with an increase in luxury supply. Although supply has improved, according to Ms. Duong Thuy Dung - Executive Director of CBRE Vietnam, housing prices will not decrease but will grow more steadily than in the previous period.
Demand for high-end living space is increasing in Hanoi market
The increasing supply of high-end and luxury apartments is considered a good sign for the market because this segment "anticipates" strict housing needs and is suitable as an accumulated asset of middle-class and wealthy customers. As affirmed by experts from the real estate market research unit One Mount, the demand for buying houses to live in and improving the quality of life of the middle class in Hanoi will continue to be a factor promoting apartment transactions in the coming time.
Thus, the market heat-up scenario will start from high-end and luxury apartment projects located in urban areas of large investors, gradually spreading to the entire capital market. And from Hanoi, neighboring real estate will also gradually recover and become vibrant again. Like the scenario 10 years ago, the real estate market has officially entered a new sustainable cycle. This is also a good time for professional investors or real home buyers to consider calculating a reasonable down payment threshold.
Source: https://diaoc.nld.com.vn/nam-2025-khoi-dau-chu-ky-moi-cua-thi-truong-bat-dong-san-196250221111542137.htm
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