HoREA asserts that this initiative will unlock land resources, fostering socio-economic development. Critically, it will definitively resolve lingering issues and obstacles related to land use and land-purpose conversions for equitized enterprises transitioning from state-owned status during the historical period of 2007–2021.
According to experts, the development of megacities centered around public transportation will be the key to unlocking future housing supply challenges.
According to market experts and observers, surging demand, record-breaking valuations, and a rapidly growing affluent class indicate that the luxury apartment market in Ho Chi Minh City still holds immense potential for growth.