Vietnam’s luxury apartment prices soar 30% in 2025 as demand spikes
Apartment prices in Vietnam’s major cities surged in 2025, with sharp increases in both Hà Nội and HCM City. The average cost per square metre climbed by 20-30% compared to the previous year, driven by high demand and new luxury developments. High-end projects in prime locations saw some of the steepest rises, pushing prices to record levels.
In Hà Nội, the average primary selling price of apartments hit VNĐ100 million (around US$3,846) per square metre in 2025. This marked a 40% jump from 2024. Prices across the city varied widely, ranging from VNĐ80 million to over VNĐ170 million per square metre. The most expensive areas included high-end projects near West Lake, where prices reached VNĐ160-255 million per square metre.
HCM City also saw significant growth, with average apartment prices rising by up to 23% in 2025. The city’s average reached about VNĐ111 million per square metre. Luxury segments in Thủ Thiêm, Ba Son, and central districts recorded even higher prices, ranging from VNĐ180 million to over VNĐ300 million per square metre. Developers such as Tien Phuoc Real Estate, Van Phuc Group, and Nam Long contributed to the surge by launching projects like Senturia An Phú, Diamond Sky in Van Phuc City, and Mizuki Park. These developments added around 12,000 high-end units in 2025, pushing prices up by 30-50%. Other urban areas, including Hải Phòng, Hưng Yên, and Đà Nẵng, experienced more modest increases of about 10-15%. The rises were mainly concentrated in centrally located projects or those linked to large-scale urban developments.
The sharp rise in apartment prices reflects strong demand for high-end properties in key cities. Hà Nội and HCM City led the trend, with luxury projects driving the highest price growth. Meanwhile, secondary cities saw steady but smaller increases, particularly in well-connected or centrally planned areas.
