Real estate market is bustling before the Ghost Month thanks to the infrastructure boost to celebrate National Day

DNVN - Interest in real estate across the country increased sharply in July due to the positive effects of a series of infrastructure projects that were started and inaugurated on the occasion of the 80th anniversary of National Day. In addition, investors wanted to boost transactions before entering the Ghost Month.

The real estate market in July 2025 recorded a consistent increase in interest across the country. According to data from Batdongsan.com.vn, interest in properties for sale increased by 13% and properties for rent increased by 15% compared to the previous month.

In Hanoi and Ho Chi Minh City (old), the interest level increased by 11%. In Ho Chi Minh City (new), the rebound was better with an increase of 13%, showing the positive effect of urban mergers and expansion. In other markets, the interest level increased by an average of 15%.

The reason for this growth is said to be due to investors stepping up sales plans before the Ghost Month, along with the positive effects from a series of infrastructure projects that were started and inaugurated on the occasion of the 80th National Day.

In terms of prices, real estate prices have generally continued to increase over the past two years, with the strongest increases being in land plots (up 44%) and apartments (up 42%) compared to the first quarter of 2024. In contrast, rental prices have remained almost flat, with only street-front houses recording an increase of 7%.

Illustration photo.

In two major markets, the demand for buying for residence and long-term investment is the main trend.

In Hanoi, the demand for buying private houses and apartments led the market, with interest levels increasing by 13% and 12% respectively, showing that the wave of real home buying is still continuing. Similarly, in Ho Chi Minh City, apartments and private houses also led the market with interest levels increasing by 13% and 11% respectively.

Mr. Dinh Minh Tuan - Southern Region Director of Batdongsan.com.vn commented that the real estate market in Ho Chi Minh City is showing clear signs of recovery.

“The level of interest in many projects increased by 10-15%, reflecting the return of cash flow and positive sentiment. In particular, the high-end segment recorded good liquidity, showing that real demand and long-term investment still maintain strong appeal,” said Mr. Tuan.

In addition, infrastructure drivers such as Belt Road 3, high-speed railways and positive FDI flows are strengthening investor confidence.

"The market is entering a selective recovery phase: areas with good infrastructure connections and projects with transparent legal status will be the focus of capital flow attraction, creating the foundation for a more sustainable development cycle," said Mr. Tuan.

Also according to Batdongsan.com.vn, the real estate market picture in the first 7 months of 2025 was supported by many bright spots from the macro economy . According to the General Statistics Office, GDP in the second quarter increased by 7.96%, total retail sales increased by 9.3%, and registered FDI increased by 8.4%, creating a solid foundation for recovery.

Notably, capital is flowing strongly into the real estate sector from both foreign and domestic sources. In the first 6 months of the year alone, registered FDI capital in real estate business reached more than 4.8 billion USD, 2.4 times higher than the same period in 2024.

Meanwhile, the credit growth rate for real estate at many banks is up to 20-30%, 3 times higher than the general credit growth rate of the entire system.

The return of cash flow is also reflected in business data. In the first 7 months of the year, nearly 3,000 new real estate businesses were established (up 7%) and nearly 3,000 businesses returned to operation (up impressively 51%).

Minh Thu

Source: https://doanhnghiepvn.vn/kinh-te/bat-dong-san/thi-truong-dia-oc-soi-dong-truoc-thang-ngau-nho-cu-hich-ha-tang-mung-quoc-khanh/20250820063102241