In the first nine months of 2026, Viet Nam maintained positive economic growth, supported by expansion in the industrial, construction and services sectors, alongside strong foreign direct investment.
HCMC OVERVIEW
In Q3/2026, HCMC's property market recorded mixed performance across sectors, with relatively stable commercial activity and increasingly selective demand.
The office market maintained stable occupancy and rents, while limited retail supply continued to support occupancy levels. Serviced apartments recorded improved leasing performance, while the hotel market experienced seasonal adjustments but continued to outperform the same period last year.
In the apartment sector, new apartment supply increased quarter-on-quarter, while buyer demand remained affected by borrowing costs and affordability considerations.
Download the HCMC Market Brief Q3/2026 for the latest market data, key trends and outlook across property sectors.
HA NOI OVERVIEW
In Q3/2026, Ha Noi's property market saw continued expansion across commercial sectors, alongside adjustments in residential supply and transaction activity.
New Grade A office supply remained concentrated in the West and Inner City areas, while retail development continued to expand beyond traditional central locations. Tourism and FDI remained key drivers of demand for hotels and serviced apartments.
In the apartment sector, new apartment supply and sales declined quarter-on-quarter, while underlying end-user demand continued to benefit from urbanisation and infrastructure development over the longer term.
Download the Ha Noi Market Brief Q3/2026 for the latest market data, key trends and outlook across six property sectors.
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