The Vietnam Residential Real Estate Market was valued at USD 58.9 Billion in 2025 and is projected to grow to USD 149.6 Billion by 2034. The market is expected to expand at a CAGR of 10.91% over the forecast period from 2026 to 2034. Growth is driven by rapid urbanization, an expanding middle class, and improved healthcare, tourism, and education services, along with more accessible home loans through lower interest rates.
Study Assumption Years
Base Year: 2025
Historical Years/Period: 2020-2025
Forecast Year/Period: 2026-2034
Vietnam Residential Real Estate Market Key Takeaways
Current Market Size: USD 58.9 Billion in 2025
CAGR: 10.91% (2026-2034)
Forecast Period: 2026-2034
Increasing income levels in Vietnam are enabling individuals to invest in residential properties either for living or investment purposes.
Rapid urbanization and the expanding middle-class population are resulting in higher demand for housing in urban areas.
Lower interest rates on home loans are attracting more property ownership among individuals.
Governmental tax incentives and affordable housing schemes are encouraging investment in residential real estate.
There is rising demand for smart, eco-friendly homes with energy and water conservation features.
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Market Growth Factors
The rapid growth of Vietnam's residential real estate market is driven by rising income, allowing individuals to buy housing for personal use and investment purposes. The process of urbanization, the movement of people from rural to urban areas to improve the standard of living, is another factor driving the real estate industry due to the increasing demand for housing in urban areas.
Another factor is the lowering of mortgage interest rates, providing affordable housing for the population. This is coupled with government measures to improve homeownership and real estate investment through various tax benefits and affordable housing schemes to ensure more homes for the public.
Other market trend drivers include the active demand for smart green living. Smart thermostats, energy-efficient insulation, low-flow faucets, smart irrigation, and rainwater collection are all increasingly desirable features for conscientious consumers and are becoming commonplace in sustainable building projects. Other amenities, such as gyms, pools and better security, offer a reflection of a greater focus on lifestyle.
Market Segmentation
Type Insights:
Apartments and Condominiums: Residential properties including apartments and condominiums designed for individual and family living with unique characteristics.
Villas and Landed Houses: Residential housing types that include villas and landed houses offering distinct lifestyle and ownership features.
Regional Insights:
Northern Vietnam
Central Vietnam
Southern Vietnam
Regional Insights
The market report segments Vietnam into Northern Vietnam, Central Vietnam, and Southern Vietnam. While detailed regional statistics such as market share or CAGR per region are not disclosed, the segmentation indicates the comprehensive coverage of all major regions in the country.
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Market Report Coverage
Base Year of the Analysis: 2025
Historical Period: 2020-2025
Forecast Period: 2026-2034
Units: Billion USD
Scope: Exploration of historical trends, market outlook, industry catalysts, challenges, segment-wise market assessment by type and region.
Types Covered: Apartments and Condominiums, Villas and Landed Houses
Regions Covered: Northern Vietnam, Central Vietnam, Southern Vietnam
Customization Scope: 10% free customization
Post-Sale Analyst Support: 10-12 weeks
Delivery Format: PDF and Excel via email, with editable versions available on request
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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