Story perspectives

Vietnam's Real Estate: Luxury Boom Amid Oversupply Crisis

11/28/2025

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Summary

Story summary

Vietnam's real estate market shows high prices in Hanoi and Ho Chi Minh City, with apartments costing thousands of dollars per square meter.
In Ho Chi Minh City, 2,500 new housing units were introduced in Q3 2025, largely for wealthy buyers.
Outside major cities, there is an oversupply of unsold properties, including vacation villas.
Developers face challenges obtaining construction permits, and the government is working to streamline these processes.

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Story summary

Vietnam's real estate market shows high prices in Hanoi and Ho Chi Minh City, with apartments costing thousands of dollars per square meter.
In Ho Chi Minh City, 2,500 new housing units were introduced in Q3 2025, largely for wealthy buyers.
Outside major cities, there is an oversupply of unsold properties, including vacation villas.
Developers face challenges obtaining construction permits, and the government is working to streamline these processes.