Real Estate & Mortgage Market In Vietnam Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Vietnam Real Estate & Mortgage Market Report is Segmented by Type (Residential, Retail, Logistics/Industrial, Hospitality, and Office), Value (Premium, Luxury, and Affordable), and Key Cities (Ho Chi Minh City, Hanoi, Quang Ninh, and Da Nang). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Real Estate & Mortgage Market In Vietnam Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Vietnam Real Estate & Mortgage Market Size

Vietnam Real Estate & Mortgage Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 53.75 Billion
Market Size (2030) USD 98.76 Billion
CAGR (2025 - 2030) 12.94 %
Market Concentration Low

Major Players

Vietnam Real Estate & Mortgage Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Vietnam Real Estate & Mortgage Market Analysis

The Vietnam Real Estate & Mortgage Market size is estimated at USD 53.75 billion in 2025, and is expected to reach USD 98.76 billion by 2030, at a CAGR of 12.94% during the forecast period (2025-2030).

  • In 2024, Vietnam's real estate and mortgage market is undergoing a significant transformation, spurred by regulatory reforms and evolving consumer preferences. Recent approvals of key legislations, such as the Real Estate Business Law, Housing Law, and Land Law, are poised to boost transparency and attract investments. Set to be implemented in August 2024, these laws aim to cultivate a more investor-friendly environment, bolstering both domestic and foreign confidence. Consequently, industry insiders are predicting a strong resurgence in the real estate sector, especially in the latter half of 2024.
  • Market performance data from Batdongsan.com.vn reveals a notable uptick in property searches in major cities. In Hanoi, land plot inquiries jumped 118% year-on-year, and apartment searches climbed 46% in the first half of 2024. Ho Chi Minh City mirrored this trend with a 45% rise in land searches, underscoring a burgeoning interest in property investments. This surge in inquiries indicates a growing optimism among buyers regarding the market's recovery.
  • Yet, amidst this buoyant interest, the residential market grapples with dwindling transaction volumes. The Ministry of Construction noted a 30% drop in total residential transactions in Q2 2024, attributed to soaring prices and a wary buyer sentiment. In contrast, land transactions witnessed a robust 28% uptick during the same timeframe. This divergence underscores a market shift, with buyers pivoting from residential properties to land investments amid economic uncertainties.
  • The mortgage landscape is also adapting to these market shifts. The State Bank of Vietnam highlighted a mere 4.45% growth in housing loan credits in the first half of 2024, a deceleration from previous years. Escalating housing prices and inflation have tightened buyers' budgets, prompting many to adopt a cautious stance on mortgage commitments. Yet, developers are countering this trend with attractive mortgage rates and extended payment plans to invigorate demand.
  • Given the ongoing regulatory changes and a potential uplift in buyer sentiment as economic conditions stabilize, various market segments may witness growth. The government's dedication to infrastructure and social housing projects further bolsters this outlook. As these elements align, stakeholders are urged to stay alert, adapt to the evolving landscape, and seize emerging opportunities in Vietnam's real estate arena.

Vietnam Real Estate & Mortgage Industry Overview

The Vietnamese real estate and mortgage market has many local and global players. The Vietnamese real estate market includes pure Vietnamese capital-based local companies and foreign investment funds from foreign companies and joint venture firms. Key players in the residential real estate market are Novaland Group, Dat Xanh Group, FLC Group, Hung Thinh Real Estate Business Investment Corporation, and Nam Long Investment Corporation.

In Vietnam, prop-tech startups and established real estate firms are harnessing technology to refine operations and bolster their competitive stance. Their goal is to elevate the experiences of home buying, selling, renting, and living. Centralized locations, especially the Hanoi CBD, are witnessing a surge in demand for quality office and retail spaces. This uptick in demand is buoyed by the robust performance of the country's manufacturing and tourism sectors, driving interest in retail, office, and industrial units.

Vietnam Real Estate & Mortgage Market Leaders

  1. Vingroup

  2. Dat Xanh Group

  3. FLC Group

  4. Toong

  5. Nam Long Investment

  6. *Disclaimer: Major Players sorted in no particular order
Vietnam Real Estate & Mortgage Market Concentration
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Vietnam Real Estate & Mortgage Market News

  • June 2024: Nam Long Group, one of the leading player in Vietnam's real estate sector, has divested a 25% stake in its sprawling 45-hectare Nam Long Dai Phuoc project. The buyer, Nishi Nippon Railroad, hails from Japan and the deal was valued at VND 662 billion (USD 26 million). Nam Long Group, which trades on the Ho Chi Minh Stock Exchange under the ticker NLG, has projected a post-tax profit of VND200 billion (USD 7.86 million).
  • March 2024: A consortium of companies from Vietnam secured a 55% stake in SDI Investment and Trade Development Company, a subsidiary of Vingroup. The deal, valued at USD 982 million, is significant for the real estate and mortgage market, as SDI holds an indirect 41.5% stake in Vincom Retail, a prominent entity under the Vingroup umbrella.

Vietnam Real Estate & Mortgage Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Current Market Overview
  • 4.2 Real Estate Buying Trends - Socioeconomic and Demographic Insights
  • 4.3 Government Initiatives and Regulatory Aspects for the Real Estate Sector
  • 4.4 Insights into Existing and Upcoming Projects
  • 4.5 Insights into Interest Rate Regime for General Economy and Real Estate Lending
  • 4.6 Insights into Rental Yields in Real Estate
  • 4.7 Insights into Capital Market Penetration and REIT Presence in Real Estate
  • 4.8 Insights into Public-private Partnerships in Real Estate
  • 4.9 Insights into Real Estate Tech and Startups Active in Real Estate (Broking, Social Media, Facility Management, Property Management)
  • 4.10 Impact of Geopolitics and Pandemic on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rapid Urban Expansion
    • 5.1.2 Streamlined Real Estate Lending Services
  • 5.2 Market Restraints
    • 5.2.1 Regulatory Hurdles
    • 5.2.2 Land Acquisition Challenges
  • 5.3 Market Oppurtunities
    • 5.3.1 Affordable Housing
    • 5.3.2 Commercial Real Estate
  • 5.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 5.4.1 Bargaining Power of Suppliers
    • 5.4.2 Bargaining Power of Consumers/Buyers
    • 5.4.3 Threat of New Entrants
    • 5.4.4 Threat of Substitute Products
    • 5.4.5 Intensity of Competitive Rivalry
  • 5.5 Industry Value Chain/Supply Chain Analysis

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Residential
    • 6.1.2 Retail
    • 6.1.3 Logistics/Industrial
    • 6.1.4 Hospitality
    • 6.1.5 Office
  • 6.2 By Value
    • 6.2.1 Premium
    • 6.2.2 Luxury
    • 6.2.3 Affordable
  • 6.3 By Key Cities
    • 6.3.1 Ho Chi Minh City
    • 6.3.2 Hanoi
    • 6.3.3 Quang Ninh
    • 6.3.4 Da Nang

7. COMPETITIVE LANDSCAPE

  • 7.1 Current Market Concentration
  • 7.2 Company Profiles
    • 7.2.1 Vingroup
    • 7.2.2 Dat Xanh Group
    • 7.2.3 FLC Group
    • 7.2.4 Toong
    • 7.2.5 Nam Long Investment
    • 7.2.6 Sun Group
    • 7.2.7 Colliers Internatio
    • 7.2.8 Novaland Group
    • 7.2.9 Hung Thinh Real Estate Business Investment Corporation
    • 7.2.10 Phat Dat Corporation
    • 7.2.11 Vinhomes*
  • *List Not Exhaustive

8. FUTURE OUTLOOK AND OPPORTUNITIES

9. APPENDIX

  • 9.1 Macroeconomic Indicators (GDP Distribution, by Activity)
  • 9.2 Economic Statistics - Transport and Storage Sector Contribution to Economy
  • 9.3 External Trade Statistics - Exports and Imports by Product and by Country of Destination/Origin
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Vietnam Real Estate & Mortgage Industry Segmentation

Real estate is private property in the form of buildings and land. Real estate can be used for residential, commercial, or industrial purposes. The real estate market refers to the selling of real estate services by entities (organizations, sole traders, and partnerships) that rent, lease, and allow the use of buildings and land.

The real estate and mortgage market in Vietnam is segmented by type (residential, retail, logistics/industrial, hospitality, and office), value (premium, luxury, and affordable), and key cities (Ho Chi Minh City, Hanoi, Quang Ninh, and Da Nang). The report offers the market sizes and forecasts in value (USD) for all the above segments.

By Type Residential
Retail
Logistics/Industrial
Hospitality
Office
By Value Premium
Luxury
Affordable
By Key Cities Ho Chi Minh City
Hanoi
Quang Ninh
Da Nang
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Vietnam Real Estate & Mortgage Market Research FAQs

How big is the Vietnam Real Estate & Mortgage Market?

The Vietnam Real Estate & Mortgage Market size is expected to reach USD 53.75 billion in 2025 and grow at a CAGR of 12.94% to reach USD 98.76 billion by 2030.

What is the current Vietnam Real Estate & Mortgage Market size?

In 2025, the Vietnam Real Estate & Mortgage Market size is expected to reach USD 53.75 billion.

Who are the key players in Vietnam Real Estate & Mortgage Market?

Vingroup, Dat Xanh Group, FLC Group, Toong and Nam Long Investment are the major companies operating in the Vietnam Real Estate & Mortgage Market.

What years does this Vietnam Real Estate & Mortgage Market cover, and what was the market size in 2024?

In 2024, the Vietnam Real Estate & Mortgage Market size was estimated at USD 46.79 billion. The report covers the Vietnam Real Estate & Mortgage Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Vietnam Real Estate & Mortgage Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Vietnam Real Estate & Mortgage Industry Report

Statistics for the 2025 Vietnam Real Estate & Mortgage market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Vietnam Real Estate & Mortgage analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.