Thu Thua: The Rising Real Estate Satellite City of Ho Chi Minh City.
The Southern Market Continues to Reach New Price Peaks
According to Cushman & Wakefield’s Q1/2025 report on the residential real estate market, the apartment segment in Ho Chi Minh City has continued to set new price records, surpassing VND 120 million per square meter. Similarly, the land segment has also reached new highs, with primary sale prices averaging over VND 310 million per square meter. Notably, affordable and mid-range real estate options have almost disappeared from the market, with new supply mainly focusing on luxury and high-end projects in core central areas.
Following a similar trend, Binh Duong province has witnessed a significant increase in land prices after a decision to adjust land price frames on December 24, 2024. Land prices in many urban areas of Binh Duong have surged by 30-80% compared to the previous frame. The average price range in this market fluctuates between VND 40-60 million per square meter for apartments and around VND 80 million per square meter for townhouses.
Long An province is also experiencing a real estate price escalation in certain areas. Two recently launched projects in Ben Luc district are offering units at prices ranging from VND 30-70 million per square meter, while in Duc Hoa district, there are townhouse projects being marketed by brokers at prices ranging from VND 70-100 million per square meter.
Industry experts believe that a scenario of declining real estate prices in the Southern market is unlikely, especially with the ongoing wave of mergers and acquisitions. However, the rate of price increases varies across regions, with some areas experiencing rapid price peaks while others are not developing proportionally. In the long run, it will become increasingly challenging for those with genuine housing needs or small-to-medium investors to enter the market.
Thu Thua: Joining the Race with More Attractive Pricing
As a newly emerging satellite city of Ho Chi Minh City, Thu Thua is also gradually setting new price benchmarks. However, it is considered more affordable compared to the overall market trend, with prices fluctuating around VND 20 million per square meter. This is despite the area boasting a series of superior advantages that are gradually being unlocked and poised for breakthrough growth.
Market observers believe that the period from 2025 to 2027 will be a booming phase for Thu Thua in terms of infrastructure development and strategic planning. Notably, Thu Thua has already completed several key projects, including the upgrade of Highway 818 – the most beautiful artery in the area, providing easy access to the Ho Chi Minh City – Trung Luong Expressway within just 3 minutes. The construction of the Thu Thua administrative center has also been finalized and officially commenced operations on July 1, 2025.
Location of the interchange from Ho Chi Minh City – Trung Luong Expressway to Highway 818.
On a national scale, several infrastructure projects passing through the area are being expedited. These include the expansion of the Ho Chi Minh City – Trung Luong – My Thuan Expressway section through Thu Thua. The Ring Road 3 from Ho Chi Minh City, which passes through this area, is also being aggressively implemented to meet the expected completion date in 2026.
According to Official Letter No. 602/UBDNGS15 sent to the Ministry of Construction, voters in Long An province continue to petition for the acceleration of negotiations, allocation, and investment in the expansion project of National Highway 62 from the intersection with National Highway 1 through Thu Thua to Binh Hiep International Border Gate. After the investment policy is approved, the Ministry of Construction will focus on the next steps, aiming to negotiate and conclude a loan agreement by the end of 2025, start construction in early 2026, and complete the project by the end of 2027.
Given the current market conditions, it is understandable why Thu Thua is becoming an attractive target for investors and homebuyers. For instance, the Agora City urban area is a project that appeals to investors seeking genuine real estate at competitive prices, starting from only VND 19 million per square meter in Thu Thua. To achieve this pricing, the developer, Thu Thua Invest, has sacrificed a significant portion of their profits to dedicate their heart and soul to building a livable urban area, aiming to transform the face of Thu Thua.
Agora City – Affordable Luxury Starting from VND 19 Million per Square Meter.
As the owner of two shophouses in the Hoa Hong subdivision, Mr. Duy (Binh Chanh – Ho Chi Minh City) shared three reasons for his investment decision. First, the project offers reasonable pricing compared to the continuous escalation in other areas. Second, the project is located on the most beautiful road in the area, Highway 818, while also benefiting from infrastructure advantages such as Ring Road 3 and Ring Road 4. Third, the presence of the Thu Thua administrative center within the project area holds the potential to become a crucial connecting point and the focal point of development for the entire region.
The Aristo: Elevating Living Spaces into a Timeless Legacy
When it comes to choosing a premium urban real estate, the discerning elite value longevity. Their homes are not just for the present, but are also future-oriented. Ownership is not merely a statement of self-worth, but also a ‘living legacy’ passed on to the next generation.
“Chinese Conglomerate, the Tu Lien Bridge Constructor, Eyes More Mega Projects in Vietnam”
As part of his attendance at the World Economic Forum’s 16th Annual Meeting of the Global Pioneers, during his working visit to China, in the afternoon of June 26th, in Shanghai, Prime Minister Pham Minh Chinh met with Mr. Yim Kie Woo, Chairman of the Pacific Group, and senior executives of the Group.
The Power of Permit Exemption: Unlocking Construction Freedom
“The bustling districts of District 7, Nha Be, Binh Chanh, and Thu Duc in Ho Chi Minh City are hotspots for construction freedom. As revealed by the representative from the city’s Construction Department, these areas boast a high concentration of land lots exempt from construction permits. This regulatory ease opens up exciting opportunities for developers and homeowners alike, promising streamlined processes and efficient project realizations.”
The Vibrant City of Ho Chi Minh: Seamlessly Managing Geospatial Data Post-Unification
The Ho Chi Minh City administration introduces an innovative land management system with the implementation of VBDLIS software, commencing on July 1st, 2025. This advanced technology streamlines land administration, modernizes the process of issuing land ownership certificates (“so hong”), and efficiently manages related documents.
The Southern Property Market: Quietly Rising, Leading the Way for the Second Half of the Year
The southern real estate market, particularly in Ho Chi Minh City and its surrounding areas, is poised to be the most promising arena in the latter half of 2025.
