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Northern Ho Chi Minh City apartment market gains momentum in 2026

The apartment market in northern Ho Chi Minh City has gathered significant momentum in 2026 with a steady stream of new project launches prices reaching new highs and major developers joining an increasingly competitive market

Northern Ho Chi Minh City apartment market gains momentum in 2026

In the first seven months of 2026, the northern region of Ho Chi Minh City, previously part of Binh Duong province, saw 11,714 apartment listings for sale, accounting for more than half of the city's total, according to the city's Department of Construction. Commercial real estate firm CBRE Group noted that roughly 80% of the city's new apartment supply in the first half originated from this area.

However, supply alone does not tell the entire story. The market is also witnessing a shift in positioning and pricing. Most new projects now cater to the upper mid-range and high-end segments, with prices typically ranging from VND55-60 million ($2,200-$2,400) per square meter, with a few exceeding VND70 million ($2,800). This change in market dynamics signifies that the area has transitioned from being seen as part of the city's urban periphery to becoming a major source of the city's new apartment supply.

Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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