Vietnam Condominium Prices Hit All-Time Highs
Vietnam's condominium market delivered a mixed picture in Q1 2026. According to Avison Young Vietnam's Q1/2026 Quarterly Report, prices hit all-time highs across major cities while transaction activity simultaneously cooled, signaling a structural transition from rapid growth into consolidation.
Key Data Highlights:
Hanoi: Average condominium prices reached $3,950/sqm, up 30% YoY. Approximately 10,000 new units launched, primarily in the high-end segment.
Ho Chi Minh City: Average prices reached about $3,900/sqm. Approximately 15,000 new units launched in Q1.
Da Nang: Average prices reached $3,574/sqm, up 3% from end-2025.
Foreign Capital Continues to Flow
Vietnam's real estate sector absorbed $389.5 million in FDI during Q1 (7.2% of total). David Jackson, CEO of Avison Young Vietnam: “Capital is no longer simply testing the market. It is being allocated with clearer intent, targeting scale, quality, and long-term positioning.”
However, rapidly rising lending rates kept transaction volumes modest. Between 2026-2027, approximately 40,000 additional units are expected from suburban developments.
