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Is Vietnam Headed for a Property Market Crisis?
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Is Vietnam Headed for a Property Market Crisis?
Over the past two years, Vietnam’s major cities have seen a booming housing market. In the second quarter this year, Hanoi’s apartment prices rose 33 per cent year-on-year, averaging US$3,000 per square metre. A similar trend can also be observed in Ho Chi Minh City, where, according to a Cushman & Wakefield report, the first quarter of 2025 saw the average primary price of new condo projects hit US$4,691 per square metre, a 47 per cent year-on-…
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