Real estate prices in Vietnam expand by 59% over 5 years

Vietnam's population and urbanisation rate create numerous opportunities for the growth of real estate demand. VNA Photo: Tuấn Anh
Ha Dong district in Hanoi is one among areas seeing numerous real estate projects underway. VNA Photo: Tuấn Anh
The whole country in 2024 so far has had 16 commercial housing projects with more than 3,300 apartments completed and 23 projects with nearly 11,700 apartment newly licensed. VNA Photo: Tuấn Anh
Real estate is considered the best-performing investment channel in the country over the past decade, with apartment returns reaching 197% and land plot profits yielding 137% in Q4/2024 compared to those in Q1/2015. VNA Photo: Tuấn Anh
Numerous real estate projects are underway in Hanoi. VNA Photo: Tuấn Anh

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Real estate prices in Vietnam expand by 59% over 5 years

12/04/2024 09:22 | TTXVN |

Vietnam's real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), according to data from the Global Property Guide. The information was shared by Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn – a reputable property platform in Vietnam, at the 2024 Vietnam Real Estate Summit on December 3. According to the real estate expert, Vietnam's population and urbanisation rate create numerous opportunities for the growth of real estate demand. The trend of smaller family sizes is also driving demand for property purchases for the next generation to inherit, along with young people's journey of home ownership. VNA Photo: Tuấn Anh

Real estate prices in Vietnam expand by 59% over 5 years

Vietnam's real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), according to data from the Global Property Guide. The information was shared by Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn – a reputable property platform in Vietnam, at the 2024 Vietnam Real Estate Summit on December 3. According to the real estate expert, Vietnam's population and urbanisation rate create numerous opportunities for the growth of real estate demand. The trend of smaller family sizes is also driving demand for property purchases for the next generation to inherit, along with young people's journey of home ownership. VNA Photo: Tuấn Anh
Real estate prices in Vietnam expand by 59% over 5 years

Vietnam's real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), according to data from the Global Property Guide. The information was shared by Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn – a reputable property platform in Vietnam, at the 2024 Vietnam Real Estate Summit on December 3. According to the real estate expert, Vietnam's population and urbanisation rate create numerous opportunities for the growth of real estate demand. The trend of smaller family sizes is also driving demand for property purchases for the next generation to inherit, along with young people's journey of home ownership. VNA Photo: Tuấn Anh
Real estate prices in Vietnam expand by 59% over 5 years

Vietnam's real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), according to data from the Global Property Guide. The information was shared by Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn – a reputable property platform in Vietnam, at the 2024 Vietnam Real Estate Summit on December 3. According to the real estate expert, Vietnam's population and urbanisation rate create numerous opportunities for the growth of real estate demand. The trend of smaller family sizes is also driving demand for property purchases for the next generation to inherit, along with young people's journey of home ownership. VNA Photo: Tuấn Anh
Real estate prices in Vietnam expand by 59% over 5 years

Vietnam's real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), according to data from the Global Property Guide. The information was shared by Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn – a reputable property platform in Vietnam, at the 2024 Vietnam Real Estate Summit on December 3. According to the real estate expert, Vietnam's population and urbanisation rate create numerous opportunities for the growth of real estate demand. The trend of smaller family sizes is also driving demand for property purchases for the next generation to inherit, along with young people's journey of home ownership. VNA Photo: Tuấn Anh
Real estate prices in Vietnam expand by 59% over 5 years

Vietnam's real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), according to data from the Global Property Guide. The information was shared by Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn – a reputable property platform in Vietnam, at the 2024 Vietnam Real Estate Summit on December 3. According to the real estate expert, Vietnam's population and urbanisation rate create numerous opportunities for the growth of real estate demand. The trend of smaller family sizes is also driving demand for property purchases for the next generation to inherit, along with young people's journey of home ownership. VNA Photo: Tuấn Anh

Real estate prices in Vietnam expand by 59% over 5 years

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