In just the first five months of 2026, the Ho Chi Minh City real estate market recorded nearly 20,000 transactions with a total value of over 92,000 billion VND. Simultaneously, selling prices continued to rise and showed significant differentiation, especially in the eastern part of the city and the high-end segment, reflecting a clear recovery trend in the market.

The real estate market in Ho Chi Minh City is showing clear signs of recovery after a prolonged slump from 2022-2024, with a series of indicators regarding transactions, credit, and supply all showing renewed growth. This information was provided by Mr. Trinh Quoc Dung, Deputy Head of the Technical Infrastructure Department, Ho Chi Minh City Department of Construction, at a press conference on socio-economic issues (afternoon of June 25).

According to Mr. Trinh Quoc Dung, current economic indicators of the real estate market are showing a clear upward trend. In the first five months of 2026, real estate business revenue reached approximately 126,000 billion VND, indicating that capital has returned to the market at a significant level compared to the previous period.

Mr. Trinh Quoc Dung, Deputy Head of the Technical Infrastructure Department, Ho Chi Minh City Department of Construction, provided this information at the press conference.

Furthermore, credit for the real estate sector in the area continues to grow positively, with outstanding credit for real estate activities reaching over 1.5 trillion VND. This is considered one of the important factors supporting liquidity and market absorption capacity in the context of gradually recovering supply.

In the real estate investment and business sector, the total value reached over 538,000 billion VND, reflecting a resurgence of investment activity after a long period affected by legal and liquidity difficulties. Notably, several credit support programs totaling 145,000 billion VND have also been implemented in the area, with cumulative disbursements reaching 596.91 billion VND and outstanding loans reaching 499.47 billion VND.

In terms of transactions, the market has seen a significant improvement compared to 2025. In just the first five months of 2026, Ho Chi Minh City recorded approximately 19,640 real estate transactions with land use rights and house ownership certificates, totaling over 92,000 billion VND. Additionally, 25 projects were confirmed as eligible to raise capital for future housing products, corresponding to approximately 18,947 houses being brought to the market, significantly contributing to the supply.

The real estate market in Ho Chi Minh City is showing signs of improvement in early 2026.

Another noteworthy point is the fluctuation in price levels. According to the Ho Chi Minh City Department of Construction, the eastern area continues to lead the market, especially in wards such as Cat Lai, Long Truong, Long Binh, Binh Trung, and An Khanh. Common prices range from 45-55 million VND/m², however, many projects have emerged with prices from 65-160 million VND/m², and in some places even reaching around 200 million VND/m².

In the high-end and ultra-luxury segments, especially low-rise housing projects in the central area, within the urban core quadrilateral, recorded prices are very high, potentially reaching 400-500 million VND/m², and some villas and townhouses even priced at around 20 billion VND/unit. According to regulatory authorities, this segment targets high-income customers and long-term investors, contributing to the overall growth of the market.

Besides price factors, the market has also seen a significant improvement in investor and buyer sentiment. The gradual implementation of land, housing, and real estate business laws, along with the removal of legal obstacles in many projects, has helped numerous projects restart, receive investor approvals, or be granted construction permits again. This contributes to strengthening market confidence and promoting the recovery of liquidity.

Regarding prospects, Mr. Trinh Quoc Dung believes that the last six months of 2026 will be a crucial period as the Ho Chi Minh City real estate market transitions from recovery to stable growth. Factors such as increased supply, continued FDI inflow into the real estate sector, and sustained revenue growth will be the main drivers.

Forecasts for the second half of 2026 indicate that liquidity and product absorption will continue to improve compared to the beginning of the year. Although selling prices tend to increase, there will be a clear differentiation, focusing on projects with good locations, complete legal documentation, and meeting real housing needs. This is also considered a favorable period to promote the development of commercial housing, social housing, and large-scale projects in Ho Chi Minh City.