The Southern Real Estate Market Turns a New Leaf: A Year-End Review

Market-responsive Real Estate Firms Accelerate Project Launches in the South

The last six months of the year mark an acceleration phase for southern real estate businesses, with numerous companies simultaneously executing their business plans and introducing products to the market. In a special period marked by the inauguration of a new administration on July 1, 2025, the proactive moves by real estate enterprises reflect their confidence in a new era filled with bright expectations for the upcoming period.

Recently, while District 1 in Ho Chi Minh City made its mark with a series of apartment projects, the city’s western region inclined towards townhouses, villas, and bungalows within urban areas. This segment has been the mainstay in this area for many years. Positive demand has been observed in some projects developed by real estate giants.

For instance, Eco Park’s Eco Retreat project, which has been gradually entering the market since the beginning of 2025, recently recorded transactions for thousands of products. The project spans over 200 hectares and offers more than 7,700 products, including townhouses, villas, apartments, and shophouses.

Moreover, Nam Long is about to introduce a new luxury subdivision, The Pearl, within the 355-hectare Waterpoint urban area – the most premium subdivision in the project. Previously, the subdivisions within this urban area witnessed quite positive transactions.

Not long ago, Vingroup’s Vinhomes Green City project, spanning nearly 200 hectares, attracted attention in Ho Chi Minh City’s western region. Shortly after entering the market, the urban area recorded thousands of bookings for its townhouses.

Mr. Dinh Minh Tuan, Director of Batdongsan.com.vn, emphasized that the appearance of Vingroup’s project marks a new momentum for the western region’s market, with a population dispersal wave expected to occur vigorously in the coming time.

Another project, La Homes by Prodezi, which was introduced to the market in several phases, also received a fairly stable response from buyers. The project covers more than 100 hectares and includes townhouses, shophouses, and villas.

Additionally, several urban projects such as Vinhomes Tan My and Vinhomes Can Giuoc, spanning thousands of hectares, are about to be launched in the western region, expected to create a wave of significant interest in the upcoming period. Especially in the context of provincial mergers and urban infrastructure investments, buyers’ confidence in the early market is further bolstered.

Turning a New Leaf: Post-merger Real Estate Market in Southern Vietnam

Economic development drivers, infrastructure improvements, population dispersal, and provincial mergers are positively influencing the real estate market in Southern Vietnam, particularly in Ho Chi Minh City’s western region.

According to experts’ analysis, the merged provinces will have a relatively large scale in terms of area and population. Their robust economy and abundant budgetary resources will facilitate the development of infrastructure and local amenities.

Specifically, the residential real estate market has witnessed a surge in activity and a noticeable upward trend in prices following the news of the merger. Going forward, as the new, streamlined government apparatus takes shape, its enhanced capacity and budgetary autonomy will contribute to more efficient geographic exploitation and strengthened inter-regional infrastructure.

Consequently, this will propel urban economic development, directly impacting housing demand and real estate price levels. Recently, the Standing Committees of Long An and Tay Ninh provinces agreed to unify various organizations, agencies, and provincial-level units (under the name Tay Ninh) starting July 1, 2025. The merger of Tay Ninh and Long An provinces is expected to create a new development momentum for Ho Chi Minh City’s western region, especially in the real estate sector.

Long An has traditionally held advantages in industrial development, transportation infrastructure, and large-scale urban projects. In contrast, Tay Ninh boasts potential for tourism growth. This merger creates new investment opportunities in various fields, including residential, urban, industrial, service, and tourism projects.

Additionally, the region is poised to become a new hub for commerce, production, and services, boasting high competitiveness, thanks to its synchronously invested infrastructure. The 76-kilometer Ring Road 3, traversing Ho Chi Minh City, Dong Nai, Binh Duong, and Long An, is being expedited and is expected to be completed and opened to traffic in 2026. Meanwhile, the 207-kilometer Ring Road 4, passing through Ho Chi Minh City, Binh Duong, Dong Nai, Long An, and Ba Ria – Vung Tau, is currently under review by the National Assembly.

Apart from these ring roads, the new Tay Ninh also possesses an inter-regional network of expressways, including Ho Chi Minh City – Trung Luong, Ben Luc – Long Thanh, and Duc Hoa – Chon Thanh, which are under urgent construction.

Notably, the Ho Chi Minh City – Moc Bai expressway, serving as a connector between the southwestern border and the southern economic core, will commence construction in September and is anticipated to open to traffic in 2027. In the future, the Moc Bai – Ho Chi Minh City expressway will extend further to integrate into the trans-Asian axis, establishing a Cambodia-Vietnam-international seaport trade corridor.

According to PGS. TS. Dinh Trong Thinh, an economic expert, transportation infrastructure projects play a pioneering role, catalyzing breakthrough development through seamless connectivity and creating new beginnings while unlocking the local potential.

Enhanced transportation infrastructure will stimulate socio-economic development, population shifts, land use changes, and the emergence of new areas, setting the stage for urban development and providing a boost to the local real estate market. This holds not only for the new Tay Ninh (formerly Long An) but also for other provinces nationwide.

Sharing this viewpoint, Mr. Dinh Minh Tuan, Director of Batdongsan.com.vn in the Southern region, asserted that post-merger, alongside economic growth, the infrastructure network has been transforming the real estate market landscape. Some satellite areas of Ho Chi Minh City have successfully attracted residents and homebuyers to large-scale urban projects due to improved transportation connectivity. This has resulted in increased demand for these projects.

According to Mr. Tuan, the convenient inter-regional connectivity has influenced buyers’ decisions to invest. As infrastructure continues to expand, and population dispersal intensifies, the potential for real estate in the vicinity of Ho Chi Minh City remains substantial. This trend will persist as urban expansion gradually extends to the peripheral rings and neighboring provinces.