Vietnam’s residential real estate market is forecast to grow from US$33.19 billion in 2025 to US$57.08 billion by 2030, according to a report by Mordor Intelligence→view source.
This reflects a compound annual growth rate of 11.45 percent—one of the strongest outlooks in Southeast Asia—driven by rising urbanisation, transport infrastructure, foreign direct investment, and relaxed ownership rules, according to the report.
Key details:
- Property type: Apartments dominate with 68 percent share in 2024, but villas and landed houses are growing at 12.05 percent CAGR through 2030.
- Price band: Mid-market held 45 percent share in 2024, while affordable housing is projected to grow fastest at 13.11 percent CAGR.
- Mode of sale: Primary sales led in 2024 with 57 percent share; secondary market growing at 13.51 percent CAGR.
- Sales model: Ownership dominated (86 percent), but rentals forecast to rise 12.35 percent CAGR amid greater urban mobility.
- Geography: Ho Chi Minh City accounted for 48 percent of market value; Hai Phong leads growth projections with 13.28 percent CAGR.
See also: Vietnam Residential Real Estate 2025: Prices, Trends & Key Players