Professor Tran Dinh Thien, former Director of the Vietnam Economic Institute, predicts that the real estate market will face multiple opportunities as it enters 2025. Three crucial laws pertaining to the market have been refined and are now in effect, providing a robust institutional foundation and facilitating the resolution of long-standing bottlenecks.
Additionally, the prospect of increasing FDI inflows bodes well for the development of high-tech industrial-urban areas, e-commerce, and the industrial-commercial service ecosystem. Notably, the TOD model is being prioritized in transportation infrastructure strategies, unlocking new avenues for economic growth. In the real estate sector, the TOD approach will catalyze a paradigm shift in market development thinking.
Likewise, Dr. Nguyen Van Khoi, President of the Vietnam Real Estate Association, emphasizes the industry’s significant contribution to GDP and its far-reaching impact on other economic sectors.
Since 2022, the government has proposed and enacted several significant mechanisms and policies, which have been approved by the National Assembly. These policies have garnered substantial attention from businesses, investors, and the public due to their crucial role in addressing bottlenecks and providing a clearer legal framework for the real estate market.
The real estate market is set to continue its recovery and growth in 2025 |
The supportive solutions and interventions have led to noticeable recovery signs in the real estate market in 2024. The industrial real estate segment has sustained stable growth, with occupancy rates exceeding 80%. Legal obstacles in the commercial housing segment are being gradually addressed, allowing numerous projects to proceed with development and sales.
There have also been positive developments in the social housing sector, with some projects already initiated and others eligible for sale according to regulations. As for the tourism and eco-resort real estate segment, the market is rebounding thanks to the revival of the tourism industry and supportive investment policies.
“These are positive signs indicating that the market will continue its recovery and growth trajectory in 2025,” said Dr. Khoi. “I believe that the current institutional framework is highly conducive to the healthy and sustainable development of businesses and the real estate market.”
Mr. Nguyen Quoc Hiep, Chairman of the Vietnam Construction Contractors Association and Chairman of GP.Invest, shares this optimism. He asserts that with the identified opportunities, the contours of the new cycle are becoming clearer. In reality, real estate businesses have adopted a renewed mindset.
“With a more enthusiastic attitude, most real estate enterprises are meticulously preparing investment and business plans for the upcoming period,” Mr. Hiep stated. “Despite the challenges, we remain hopeful that with the government’s attention and new directions, the real estate market will recover, develop sustainably, and play a more significant role in the economy’s growth objectives, leading to a prosperous nation.”
Que Son
– 18:41 19/02/2025
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