Rising prices, floating interest rates, apartment purchasing power in Hanoi, HCMC sharply decline

The apartment market in Vietnam's two major cities, Hanoi and Ho Chi Minh City, experienced significant shifts in Q3/2026. While apartment prices remained high, market liquidity showed a clear deceleration. Buyers are increasingly cautious in their decisions to invest in and purchase housing.

This decline in liquidity is primarily attributed to growing financial pressures on potential homeowners. Current apartment prices are reportedly exceeding the affordability of many buyers, prompting them to carefully consider large investments, especially amidst potentially fluctuating loan interest rates. The combination of high prices and buyer caution has resulted in a less vibrant market compared to previous periods. This trend suggests a cooling in demand as consumers grapple with economic constraints and elevated property values.

Key points
* Apartment prices in Hanoi and Ho Chi Minh City remained high in Q3/2026.
* Apartment market liquidity showed clear signs of slowing down.
* Buyers became more cautious due to financial pressure and unaffordable prices.

Nguồn / Source: BBC Tiếng Việt