Luxury Villas & Townhouses in Ho Chi Minh City: Driving Wealth Investment and Sustaining Market Momentum

The Shift Towards Tangible Assets

The real estate market in 2025 has witnessed a significant shift in investment and property ownership trends. Savvy investors are prioritizing assets with long-term value appreciation potential, focusing on wealth preservation and asset accumulation. Projects with prime locations, complete legal documentation (land titles), and long-term value growth potential are now the focal points for investors.

Owning a house with land ensures long-term value and sustainable growth due to the scarcity of land in urban areas and the limited supply of new projects from reputable developers. According to Savills, in the first half of 2025, the primary supply of villas and townhouses in Ho Chi Minh City was only 700 units. Future supply is expected to remain constrained.

Since the beginning of 2025, Vietnam’s real estate market has been vibrant in both Hanoi and Ho Chi Minh City, fueled by the Land Law 2024, the Real Estate Business Law, and the Housing Law 2023. Additionally, increased FDI and public investment in inter-regional infrastructure have further boosted market growth.

In Ho Chi Minh City, post-merger, the real estate landscape in the second half of 2025 has become more dynamic, particularly in the eastern districts (former Districts 2 and 9), where robust infrastructure connects regions and provinces via highways, metro lines, Ring Roads 2 and 3, An Phu Junction, My Thuy Junction, and Long Thanh Airport.

Recently, major developers have launched high-quality properties. While luxury apartments have reached high prices (over 200 million VND/m² in Ho Chi Minh City), landed properties with limited supply and reasonable prices have been well-received. On October 5th, the Phase 1 launch of Gladia by the Waters by Keppel & Khang Điền attracted hundreds of buyers and investors. The project offers completed villas and townhouses with transparent legal documentation and flexible payment options, supported by leading banks such as VietinBank, BIDV, Vietcombank, OCB, ACB, and Military Bank (MB).

The event recorded nearly 100 villa and townhouse sales, totaling nearly 4 trillion VND in transactions. Previously, in September, the project was introduced in Hanoi and received high market acclaim for its sustainable asset value.

Gladia by the Waters (Keppel & Khang Điền) has become a top choice for investors due to its transparent legal status and fully completed construction.

Southern Migration of Capital: Villas and Townhouses in Ho Chi Minh City for Wealth and Residence

In the shifting investment landscape, a notable trend is the southward flow of capital from Hanoi. Savills Vietnam reports that 25-30% of low-rise home buyers in Ho Chi Minh City are from the North, primarily targeting areas with rapid infrastructure development and more affordable prices compared to Hanoi.

With a focus on tangible assets and long-term security, Northern investors favor townhouses and villas, migrating south to explore growth opportunities. Southern urban projects emphasizing high-quality living spaces and completed infrastructure have become ideal destinations for Northern investors.

In September 2025, Gladia by the Waters garnered significant interest from Hanoi and Northern investors.

Limited supply sustains demand for low-rise homes, villas, and townhouses. The Ministry of Construction reports that over the past three years, low-rise homes have accounted for only 7-9% of new housing supply in major cities, far below actual demand. Rapid urbanization and an annual urban population increase of 1 million people further shrink land availability for low-rise homes. This context makes townhouses and villas valuable assets, maintaining long-term appeal. Investors refer to low-rise homes as “inflation-resistant assets.”

CBRE reports that in Thu Duc (former) and South Saigon, townhouse and villa prices increased by an average of 12% annually from 2018 to 2024. Over 60% of buyers are end-users, with the remainder being investors seeking rental income and asset accumulation.

With key infrastructure projects like the North-South Expressway, Hanoi-Ho Chi Minh City high-speed railway, and Long Thanh Airport, Ho Chi Minh City real estate remains attractive to Hanoi investors. CBRE forecasts that by 2030, low-rise housing demand in Ho Chi Minh City and Hanoi will double the supply, solidifying this segment as a “magnet” for capital.

The accelerated construction of the 4-level My Thuy Junction, targeted for completion by April 30, 2026, promises growth opportunities for properties along Vo Chi Cong Road (Ring Road 2, District 2), Ho Chi Minh City.

Amid land scarcity, safe-haven capital flows, and infrastructure momentum will continue to position low-rise homes as a compelling destination in Vietnam’s real estate map over the next decade.