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HCMC Apartment Prices Soar, Outpacing Landed Homes as Foreign Investment Fuels Vietnam Property

HCMC Apartment Prices Soar, Outpacing Landed Homes as Foreign Investment Fuels Vietnam Property

HCMC Apartment Prices Soar, Outpacing Landed Homes as Foreign Investment Fuels Vietnam Property

written by DUSTIN TRUNG NGUYEN, Head of IQI Vietnam

Vietnam’s real estate sector is increasingly attracting foreign investors through mergers and acquisitions (M&A), driven by economic recovery and rising demand. 

The first half of 2025 saw a number of notable foreign-led transactions. These include CapitaLand’s US$553 million acquisition of a project from Becamex IDC; the partnership of Sumitomo Forestry, Kumagai Gumi and NTT Urban Development with Kim Oanh Group to develop The One World project; and Nishi Nippon Railroad’s purchase of a 25% stake in Nam Long’s Paragon Dai Phuoc project. 

HCMC apartment prices are increasingly approaching, and in some cases surpassing, single-family homes. 

An 85-square-meter unit at The Metropole in the eastern ward of An Khanh, is being sold at VND130-180 million (US$4,925-6,820) per square meter. An 80-square-meter private house with one ground floor and two upper stories in nearby Thao Dien Ward only costs VND150 million per square meter. 

Other nearby apartments such as The Privé, Eaton Park and Lumière Midtown are selling at VND130–250 million, higher than the VND110–200 million range of landed houses within a two-kilometer radius. 

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