Vietnam real estate market outlook rosier from Q2/2025: expert

A rosier outlook for Vietnam’s real estate market could emerge in the second quarter of 2025 as investor confidence increases and interest rate pressures ease, an expert says.

Nguyen Quoc Anh, deputy director of property website Batdongsan.com.vn under Singaporean firm PropertyGuru, said that rebound from the current downturn is likely to begin at the end of the third quarter this year.

As this happens, he anticipates the apartment segment to generate the greatest interest.

Starting Q4, the market will see a gradual return of investors, with increased liquidity in segments catering to actual demand. At this time, buyers will prioritize apartments with guaranteed legal status and affordability, Anh noted.

From Q4/2024 to Q2/2025, the market will see a consolidation phase with more favorable monetary conditions. In this period, detached houses and shophouses may see an uptick in transactions.

Buyers will continue to prioritize affordability and legal status during this period, with residential properties being particularly favored, he said.

Anh foresees that in Q2-Q4 2025, “untouched” land and villas will take the spotlight with buyers focusing more on investment demand and price growth potential rather than selling price and legality of properties.

Starting Q1/2026, he expects the realty market to stabilize, with most segments bouncing back. Buyers will seek opportunities in high-demand properties with limited availability and potential for quick price hikes.

According to the Vietnam Association of Realtors (VARS), the property market recorded an absorbtion rate of 31% with 6,200 transactions closed in Q1/2024, up 8% from Q4/2023 and double that of the same period of the previous year.