Vietnam Property Market Brief 2Q25
Ho Chi Minh City and Southern provinces
Office: High-quality and well-located offices continue to outperform the market
Retail: Rental increases persist across the market
Residential: HCMC's primary apartment prices maintains a stable growth momentum, increasing 1.1% year-on-year
Industrial: Land absorption has been cautiously proceeding as the market awaits clearer signals regarding future economic and trade conditions
Hanoi and Northern provinces
Office: Net absorption in Grade A is sustained thanks to new, high-quality buildings while Grade B maintains healthy demand
Retail: Continuous arrival of new foreign retailers supports market demand
Residential: Multiple projects officially launch and offer many options for both owner-occupiers and investors
Industrial: Average asking rent across industrial parks experiences minor adjustments during the quarter