According to the Ministry of Construction’s report on the real estate market in the first nine months of 2025, specific land prices were highlighted for several provinces and cities.
In Hanoi, prices typically range from 60 to 100 million VND per square meter. In developing areas like Dong Anh, Long Bien, and Hoai Duc, near metro lines or urban developments, prices can exceed 200 million VND per square meter.
In Ho Chi Minh City, land prices fluctuate between 60 and 120 million VND per square meter. In Thu Duc and riverside areas, prices can surpass 200 million VND per square meter.
In Da Nang, land prices commonly range from 40 to 60 million VND per square meter, concentrated in coastal districts and new urban areas.
In Hai Phong, land prices vary from 40 to 70 million VND per square meter, with higher prices in central areas and along major transportation routes.
In the former Binh Duong, now part of Ho Chi Minh City, prices typically range from 25 to 60 million VND per square meter, with higher rates in urban areas like Thu Dau Mot, Di An, and Thuan An.
Regarding apartment prices, in the first nine months, apartment prices in Hanoi and Ho Chi Minh City remained high, with an upward trend compared to the same period last year.
In Hanoi, the average primary price reached 70-80 million VND per square meter, a 5.6% increase from the beginning of the year (Q1/2025) and 33% compared to the same period in 2024. Some luxury projects recorded very high prices (around 150-300 million VND per square meter).
In Ho Chi Minh City, the average primary price was approximately 75 million VND per square meter, stable compared to the beginning of the year (Q1/2025), but up 36% from the same period last year. Some high-end projects have prices starting from 150 million VND per square meter.
Prices for townhouses and villas in Hanoi typically range from 100 to 200 million VND per square meter. Some high-end projects in prime locations exceed 300 million VND per square meter.
In Ho Chi Minh City, primary prices range from 230 to 300 million VND per square meter, depending on location and project. Some premium properties in central areas or new urban developments with complete infrastructure exceed 300 million VND per square meter.
In major cities, particularly tourist destinations, townhouse and villa prices generally range from 80 to 150 million VND per square meter, depending on location and infrastructure. In Da Nang, prices are higher in coastal and central areas, reflecting location advantages and tourism potential.
Regarding rental property prices, the Ministry of Construction reported that rental prices for various property types remained stable, with no significant fluctuations. Industrial real estate rental prices remained steady, with slight increases in some northern regions due to high demand and more competitive pricing compared to the south.
For tourism and resort properties, selling and rental prices were largely unchanged from 2024, with slight increases in some resort villa projects, primarily in areas with stable tourism potential.
For office rentals, occupancy rates improved slightly in major cities. Rental prices remained stable, with Class A properties holding their value, while Class B and C properties saw slight decreases in some areas due to competition from new supply.
The Ministry of Construction assessed that in the first nine months of 2025, the real estate market showed signs of recovery, thanks to efforts to resolve institutional and policy bottlenecks. Transactions increased in the first six months but later slowed in some areas due to market observation and expectation adjustments. The social housing segment saw positive policy changes, though implementation scale remained limited.
Several localities actively developed model urban areas with synchronized infrastructure and functions, enhancing urban development quality. Notable examples include Vinhomes Global Gate (Co Loa) in Hanoi, Thuan Phuoc project in Da Nang, Thu Thiem and Binh Quoi – Thanh Da projects in Ho Chi Minh City, and My Hao Garden City in Hung Yen, north of National Highway 5.
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