{
  "id": 3397124,
  "title": "Average apartment prices drop after Ho Chi Minh City boundary extension",
  "url": "https://urgent.news/2026/08/26/average-apartment-prices-drop-after-ho-chi-minh-city-boundary",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-26T01:34:41.000Z",
  "source": {
    "name": "SGGP English Edition Business",
    "slug": "sggp-english-edition-business",
    "url": "https://en.sggp.org.vn/average-apartment-prices-drop-after-ho-chi-minh-city-boundary-extension-post129202.html"
  },
  "original_language": "en",
  "account": "Ho Chi Minh City's housing market experienced a shift following the expansion of the city's boundaries, as reported by CBRE Vietnam CEO Duong Thuy Dung. The average price of primary apartments in the city has decreased to approximately VND76.1 million per square meter, down from VND92 million (US$3,523) per square meter before the expansion, according to Dung's statement at the Real Estate Forum 2026. This decrease in prices can be attributed to the diversification of the housing market, with capital flows moving from central Ho Chi Minh City to suburban areas, specifically Binh Duong. Dung emphasized that expanding urban space provides more choices for homebuyers and investors, not just in terms of quantity but also price levels that fit their financial capacity. Associate Professor Tran Dinh Thien, a former Director of the Vietnam Institute of Economics, highlighted the Urban Development Law and Ho Chi Minh City Master Plan for 2025-2050 as crucial factors. These two components provide mechanisms and vision for the city's development, with Ho Chi Minh City acting as the financial, service, and innovation hub, Binh Duong focusing on high-tech industrial strengths, and Ba Ria - Vung Tau retaining its role as the seaport, logistics, and tourism center. Dung explained that linking these three regions effectively will create significant strength. Nguyen Do Dung, CEO of enCity, stressed that new infrastructure is the driving force behind urban area transformation. He stressed the need for data-driven planning to accurately determine population size, employment, and mobility requirements, while integrating metro systems with land use, housing, commerce, and services around stations. Dung concluded by emphasizing that enterprises should not build isolated projects but create a comprehensive ecosystem of jobs, transportation, and amenities, with growth poles strong enough to attract long-term residents.",
  "summary": "Ho Chi Minh City’s housing market has seen more diverse supply and pricing after the city’s boundary expansion, according to CBRE Vietnam CEO Duong Thuy Dung. Ho Chi Minh City real estate market shows signs of recovery HCMC urged to fast track 140 stalled real estate projects Ho Chi Minh City real estate market gradually recovering Broad-based gains in real estate stocks Vietnam’s central bank…",
  "key_points": [
    "Average apartment prices in Ho Chi Minh City drop to VND76.1 million per square meter.",
    "Expansion of city boundaries diversifies housing market, shifts capital flows to Binh Duong.",
    "Urban Development Law and Master Plan 2025-2050 provide development mechanisms and vision."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}