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What is happening in Can Tho’s real estate market? Are prices on the rise or decline? Is Can Tho emerging as a new hotspot for investors? How are local government policies shaping the real estate landscape in 2025?
These are the questions we hear every day from professionals, buyers, and sellers across the Mekong Delta and beyond. Maybe you’re curious about these trends too.
We know this because we stay closely connected with local experts and individuals like you, exploring the Can Tho real estate market daily. That’s why we crafted this article: to offer clear answers, insightful analysis, and a comprehensive view of market trends and dynamics.
Our aim is straightforward: to make sure you feel informed and confident about the market without needing to search elsewhere. If you think we missed something or could improve, we’d love to hear your feedback. Feel free to message us with your thoughts, and we’ll strive to enhance this content for you.
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1) New regulations will simplify property purchases for foreign investors in Can Tho
New regulations are making it easier for foreign investors to buy property in Can Tho.
With the introduction of Housing Law No. 27/2023/QH15, foreign investors can now own a variety of residential properties, including condos and standalone houses like villas and townhouses. This law, effective from January 1, 2025, offers a clearer legal framework for foreign participation in the real estate market.
The Law on Real Estate Business No. 29/2023/QH15 further simplifies the process by allowing foreign-invested enterprises to engage in real estate activities. The Vietnamese government is also working on a draft decree to clarify regulations on foreign property ownership, which will include criteria, limitations, and permitted methods for acquiring housing.
This draft decree is expected to guide the implementation of the amended Housing Law, making it easier for foreigners to understand and comply with the regulations. The changes are designed to attract more foreign investment into the real estate sector.
There's been a noticeable uptick in foreign direct investment in Can Tho's real estate, showing a growing interest from international investors. While specific statistics on foreign property ownership in Can Tho aren't available, the trend of expanding foreign ownership rights suggests an increase in foreign investment.
Sources: Conventus Law, Global Referral Group, Vietnam Briefing
2) Low-lying areas will become more desirable due to flood prevention initiatives
Flood prevention projects are making low-lying areas more appealing by cutting down the risk of flooding.
Take Can Tho, for instance, where the government is pouring over $93 million into flood prevention infrastructure. This massive project, set to wrap up by 2030, includes building embankments, water control culverts, and tidal sluice gates. These structures aim to shield a significant part of the city from potential floods.
Already, these efforts are paying off. During the high tide in late October 2023, the new flood defenses were put to the test and successfully kept the inner city dry. This achievement not only makes the area safer but also more enticing for both residents and investors.
As the threat of flooding diminishes, property values in these areas are expected to climb. This pattern has been seen in other places where similar flood prevention strategies have been rolled out. People naturally gravitate towards areas where they feel secure, and effective flood defenses provide that peace of mind.
In Can Tho, the local government’s commitment to these initiatives is a game-changer. By investing in robust infrastructure, they’re not just protecting the city but also boosting its appeal. Potential buyers are likely to see these areas as prime real estate, given the reduced risk and increased safety.
With these flood prevention measures in place, low-lying areas are transforming into desirable locations for future homeowners and investors alike.
Sources: VNEconomy, Vietnam Briefing
We have made this infographic to give you a quick and clear snapshot of the property market in Vietnam. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Tax incentives will boost investment in eco-friendly housing projects
The Vietnamese government is rolling out new tax incentives to boost eco-friendly housing projects.
By the end of 2023, Vietnam saw a surge in green buildings, with 396 structures earning green certification. This marks a 30% increase from the previous year, reflecting a strong shift towards sustainable construction. These tax incentives are likely a key factor driving this growth.
Investors are increasingly drawn to sustainable real estate, thanks to the government's net-zero carbon emissions pledge. This growing interest suggests that tax incentives are making eco-friendly projects more appealing.
One standout initiative is the Can Tho Development and Urban Resilience Project, which showcases the government's dedication to sustainable urban development. This project, backed by significant funding and international collaboration, underscores the commitment to eco-friendly growth.
Vietnam's focus on green building is not just about meeting environmental goals; it's also about creating a more attractive investment landscape. The government's policies are a clear signal that eco-friendly housing is a top priority.
For potential property buyers, this means more options in the eco-friendly market, with the added benefit of contributing to a sustainable future. The combination of government support and investor interest is setting the stage for a greener real estate market in Vietnam.
Sources: Vietnam Briefing, Reccessary
4) Student influx will boost demand for rentals near universities
The influx of students is set to boost demand for rental properties near universities in Can Tho.
With Can Tho University's enrollment skyrocketing from 920 students in 2023 to 10,060 in 2024, the need for student housing is more pressing than ever. This surge in student numbers means more young people are flocking to the city, all needing a place to stay.
On-campus housing is limited, so many students are turning to off-campus options. Students often prefer these for the extra personal space and privacy, making off-campus rentals a hot commodity. This trend is not just a local phenomenon; it's seen in university towns worldwide.
As the university expands its programs, even more students are drawn to Can Tho, further fueling the rental market. This mirrors patterns in other university towns, where a student influx typically leads to higher rental prices and increased investment in student housing.
For potential property investors, this is a golden opportunity. Investing in student housing can be lucrative, given the consistent demand and potential for rental price increases.
With the right property, you could tap into this growing market and enjoy steady returns. Understanding these dynamics is key to making informed investment decisions.
Sources: Edurank, Yield Pro, Vietnam.vn
5) Can Tho will see rising demand for senior-friendly housing due to an aging population
The elderly population in Can Tho is on the rise, and it's shaping the housing market.
By 2035, Vietnam's senior population is expected to double, jumping from 7% in 2020 to 14%. This shift means more people will be looking for homes that suit their needs as they age.
The Vietnamese government is aware of this change. They've noted that Vietnam is on track to become an aging society by 2038, which means there's a push to create housing that's both accessible and comfortable for older adults.
Real estate developers are catching on, too. In early 2024, there was a 40% increase in the absorption rate of senior housing. This shows a clear demand for age-friendly homes, and Can Tho is likely to see similar trends.
In Can Tho, this means more opportunities for properties that cater to seniors. Developers are likely to focus on features like single-story layouts, easy access to healthcare, and community spaces that encourage social interaction.
As the population ages, the demand for senior-friendly housing will only grow, making it a smart investment for those looking to buy property in the area.
Sources: Bao Chinh Phu, NIC MAP Vision, International Journal of Aging
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6) Demand for properties near green spaces will grow with the rising focus on wellness
In Vietnam, there's a growing trend towards prioritizing wellness and mental health.
With urbanization on the rise, cities like Can Tho are actively expanding their green urban areas to improve residents' quality of life. For instance, HCM City aims to increase its green space per capita by 2030, highlighting the importance of green spaces in urban planning.
People are increasingly drawn to properties that offer access to parks and nature. The idea of "well-residences" is catching on, where homes are designed with features like diffused lighting and air filtration systems to boost health and well-being.
The real estate market is catching on, recognizing the premium value of properties near parks or waterfronts. In HCM City, the value of such properties is rising, reflecting the growing demand for homes with access to green spaces.
Successful property developments in Can Tho are incorporating green spaces as a central feature, further supporting this trend. This shift in consumer preferences is driving the real estate market to adapt and offer more options that cater to wellness-focused living.
As more people prioritize mental well-being, the demand for properties with access to green spaces is expected to continue growing. This trend is reshaping urban planning and real estate development in Vietnam.
Sources: EUAA, VietnamPlus, CEW
7) Suburban property prices may dip slightly as urban areas gain desirability
Can Tho is rapidly transforming, with a 36.7% population increase from 2015 to 2020, making it one of Vietnam's fastest-growing cities.
This boom is fueled by massive investments in urban infrastructure, like the Can Tho Development and Urban Resilience Project, which focuses on building major bridges and roads to enhance transportation and reduce flooding.
These improvements are making urban areas more appealing, leading to a growing demand for city housing. Even though the real estate market isn't booming due to abundant land and moderate economic growth, there's a clear shift towards urban living.
Consumer surveys back this up, showing a preference for urban areas, largely because of the city's smart city initiatives that promise a modern lifestyle.
As Can Tho continues to evolve, some suburban areas might see a slight decline in property prices as urban areas become more desirable.
For potential buyers, this means urban properties could be a smart investment as the city aims to become a smart city by 2025.
Sources: Vietnam Briefing, VnExpress, EDA Admin
8) Can Tho’s property prices will rise moderately as domestic buyer demand increases
Can Tho is becoming a popular destination for people moving from other parts of the South East region, like Bình Dương and Hồ Chí Minh City.
Since 2021, there's been a noticeable shift with more folks choosing Can Tho as their new home, which naturally pushes up the demand for housing. This influx is making property prices climb, as more people are looking to settle in this vibrant city. Even though there was a slight dip in property transactions in 2023, the numbers stayed strong, showing that the interest in real estate here is still very much alive.
What's really exciting is the Can Tho Development and Urban Resilience Project. This initiative, along with other infrastructure upgrades, is making the city even more attractive to potential residents. As these improvements continue, the demand for properties is expected to rise even further.
Another factor driving this trend is Vietnam's growing middle class. More people in this group are getting into property investment, and cities like Can Tho are catching their eye. This is part of a larger urbanization trend in the Mekong Delta region, where economic growth and industrialization are creating a bigger need for both housing and commercial spaces.
Can Tho is not just about residential properties; there's also a growing interest in commercial real estate. As the city modernizes, businesses are looking for new spaces, adding another layer to the property demand.
With all these elements in play, it's clear that Can Tho is on the rise, making it a promising spot for anyone considering a property investment in Vietnam.
Sources: The Investor, Migrants & Refugees, Vietnam Briefing
We made this infographic to show you how property prices in Vietnam compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
9) Can Tho’s residential property yields will rise with growing rental demand
Can Tho is rapidly urbanizing, leading to a surge in demand for homes.
With the city expanding its industrial zones, job opportunities are on the rise, drawing workers from all over. Many of these newcomers prefer to rent rather than buy when they first arrive, which is pushing up the demand for rental properties.
Can Tho is also becoming a hub for education, with more universities and colleges popping up. This attracts students and young professionals who typically choose to rent, boosting the rental market significantly.
As more people flock to Can Tho for work and study, rental prices are climbing. This trend is particularly noticeable in areas close to industrial zones and educational institutions, where the demand for housing is highest.
Investors are taking note of these changes, as the rental yields in Can Tho are on the rise. The combination of job growth and educational opportunities is creating a perfect storm for property owners looking to capitalize on the rental market.
For those considering buying property in Can Tho, the increasing rental demand offers a promising opportunity. With the city's continued growth, the potential for higher returns on residential properties is becoming more attractive.
Sources: BIC JSC
10) Co-living spaces will become more popular among young professionals
The trend of co-living spaces is booming among young professionals.
One big reason for this surge is the need for affordable housing options. In bustling cities like New York, rental prices have skyrocketed by 40% over the past two decades, making traditional housing less accessible. Co-living spaces, which are typically 15%-20% cheaper than studio apartments, offer a budget-friendly alternative. This affordability is especially appealing in urban areas, including emerging markets like Can Tho.
Vietnam is a key player in the global co-living market, which is expected to reach USD 10,743.58 million by 2030. This growth reflects a substantial demand for affordable housing solutions that co-living spaces can provide. The success of co-living startups, such as M Village in Vietnam, with their high occupancy rates, highlights the increasing popularity of these spaces.
Millennials and Gen Z are driving this trend, as they value community living and shared experiences. Co-living spaces cater to these preferences by offering shared workspaces, dining areas, and community activities. This sense of community is a major draw for younger generations who prioritize social connections.
In cities like Can Tho, the appeal of co-living is likely to grow as more young professionals seek out these communal living arrangements. The trend is not just about affordability but also about the lifestyle and community that co-living spaces offer. As urban areas continue to expand, the demand for co-living spaces is expected to rise.
With the increasing popularity of co-living, it's clear that this trend will continue to gain traction among young professionals looking for both cost-effective and community-oriented living options.
Sources: Precision Reports, Nucamp Blog, DB Plus
11) Luxury segment yields will dip slightly as supply meets demand
The luxury real estate market in Can Tho is seeing some interesting shifts.
With more high-end properties popping up due to increased construction, Can Tho is becoming a hotspot for those drawn to its scenic beauty and rich culture. This surge in development is a direct response to the growing interest from tourists and expats alike.
As these luxury homes flood the market, things are starting to level out. While prices are still on the rise, they're climbing at a slower rate than before. This slowdown suggests that the once rapid price hikes are easing, hinting at a newfound balance between what's available and what's in demand.
Interestingly, there's a shift happening in what buyers want. More people are leaning towards affordable housing, a trend seen worldwide. This could mean that potential buyers in Can Tho might start looking at less pricey options, which could shake things up in the luxury market.
As the supply of luxury properties catches up with demand, yields in this segment might dip slightly. It's a natural adjustment as the market finds its footing.
So, if you're eyeing a luxury property in Can Tho, keep an eye on these trends. The market is evolving, and opportunities might arise as it stabilizes.
Sources: Vietnam Real Estate, Luxury Homes, EDA Admin
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12) Central Can Tho will see rising rental prices as the expatriate community grows
Can Tho is seeing a surge in its expatriate community, making it a hotspot for international interest.
In 2023, the city welcomed about 5.99 million visitors, with foreign tourists making up around 159,000 of that number. This influx is not just about tourism; it's about people choosing to live and work here, which is reshaping the city's landscape.
With more expatriates, there's a growing need for international schools and services, mostly found in central areas. This means rental properties in these locations are becoming more sought after. The presence of multinational companies and foreign investments is also on the rise, further boosting the demand for housing for their employees.
Foreigners are not just visiting; they're buying property, which is a clear sign of the growing expatriate community. This trend is expected to continue, pushing rental prices higher in central Can Tho. The city is developing infrastructure and amenities that appeal to international residents, like modern housing complexes and international schools.
These developments are making Can Tho an attractive place for expatriates, which in turn is driving up rental prices. The city's transformation is evident in the increasing property inquiries and purchases by foreigners, indicating a strong and growing expatriate presence.
As Can Tho continues to evolve, the demand for central rental properties is likely to keep climbing, fueled by the needs of a diverse and expanding international community. This trend is reshaping the city's real estate market, making it a dynamic place for potential property buyers.
Sources: Vietnam Tourism, Vietnam.vn
13) Planned public transport upgrades will make O Mon more appealing to investors
O Mon is becoming a hotspot for investors due to major upgrades in public transportation.
In 2023, Prime Minister Pham Minh Chinh took a close look at key transport projects in Can Tho, like the Chau Doc - Can Tho - Soc Trang expressway, set to finish by 2027. This shows the government's strong push to boost the region's connectivity.
Starting in 2024, the Can Tho Development and Urban Resilience Project will bring new infrastructure, including the Tran Hoang Na Bridge and a 5.3 km road connecting Cach Mang Thang Tam Street with Provincial Road 918. These projects aim to make O Mon more accessible, likely driving up property values.
High-quality buses are making a comeback in Can Tho, reviving the public transport scene. These new buses, fully equipped and punctual, are drawing in students and other passengers, showing a rise in commuter traffic.
This uptick in public transit use is a promising sign for investors eyeing O Mon. The growing demand for public transportation suggests a thriving community and potential for growth.
With these transportation improvements, O Mon is poised to become a more attractive investment destination, offering better connectivity and increased property value potential.
Sources: Vietnam Plus, Vietnam Briefing, Vietnam.vn
14) New property tax rules will make owning multiple properties less appealing
Owning multiple properties is becoming less appealing due to recent changes in property tax regulations.
In Poland, for instance, new real estate tax rules set for 2025 are expanding the tax base. This means if you own several properties, you might face higher taxes. The idea is to make the tax system fairer, but it could also mean a bigger tax bill for property owners.
Over in British Columbia, Canada, there's talk of a progressive property tax system. This could mean higher taxes for properties with more land, which might make owning multiple properties less attractive. The goal is to balance the tax load, but it could also discourage people from holding onto several properties.
Experts are saying that profitability for multiple property owners might drop because of these tax hikes. In areas with new tax rules, this is a hot topic, with media and property investment groups voicing their worries about the financial hit.
These changes are not just about numbers; they reflect a shift in how governments are trying to manage property ownership. The focus is on making the system fairer, but it also means property owners need to rethink their strategies.
For those considering buying property in the country, it's crucial to understand how these tax changes might affect your investment. Staying informed and planning ahead can help you navigate these new regulations.
Sources: International Tax Review, The Tyee, Basic Apartment
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Vietnam. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
15) Stricter building codes will raise development costs but enhance quality
Stricter building codes are on the horizon, and they’re going to shake things up in the real estate market.
These new rules mean developers will need to use more advanced materials and technologies, which will bump up the costs. For instance, the 2025 Building Code update demands fire-rated vents and stronger structures, adding to the initial construction expenses.
Expect construction costs to climb, with predictions showing an 8.6% increase in total construction starts in the U.S. by 2025. Residential projects are set to rise even more, with an 11.5% jump, partly because of these tougher codes.
But it’s not all about the money. These codes are also about making homes better. With improved fire safety standards, like those fire-rated vents, the risk of fires spreading is reduced, making homes safer. Plus, the new structural requirements mean buildings will be better equipped to handle extreme weather, boosting their durability.
So, while you might pay more upfront, you’re getting a home that’s built to last and keep you safe. It’s a trade-off between cost and quality, but one that could be worth it in the long run.
Sources: Brandguard Vents, ENR
16) Binh Thuy district will attract more interest for its airport proximity and new infrastructure projects
The Binh Thuy district is catching eyes because it's so close to Can Tho International Airport.
Imagine living just a short drive from the airport, which is only about 7 kilometers from the city center. This makes Binh Thuy a hot spot for both homes and businesses. Quick access via major roads means you can get to the heart of the city in no time, making it super convenient for anyone looking to settle down or start a business here.
Tourism in Can Tho is booming, with over 4.5 million tourists visiting in the first eight months of 2024. That's a 7% jump from last year! This influx of visitors is likely to push up property demand in Binh Thuy, thanks to its handy location near the airport and other popular spots.
Big changes are coming to Binh Thuy with the Can Tho Development and Urban Resilience Project. New roads and bridges are on the way, making it easier to get around and opening up the district to more people. These improvements are set to draw in more residents and businesses, making the area even more appealing.
With these infrastructure upgrades, Binh Thuy is becoming more accessible, which is a big plus for anyone thinking about moving there. Enhanced transportation links mean you can enjoy the perks of city life without the hassle of long commutes.
As more people and businesses flock to Binh Thuy, the district is poised to become a bustling hub. Increased interest due to its strategic location and new developments make it a prime choice for property buyers looking for a smart investment.
Sources: Vietnam Briefing, FME Travel, Can Tho Government
17) Demand for eco-friendly homes will rise as sustainable living becomes more popular
Sustainable living is on the rise, and it's reshaping how people think about their homes.
In Vietnam, there's a growing trend where over 90% of consumers are willing to pay more for eco-friendly products, according to a 2023 survey by PwC. This mindset naturally extends to housing, as people become more aware of their environmental footprint. Imagine living in a home that not only feels good but also does good for the planet.
The market for green building materials in Vietnam is booming. People are looking for materials that are both eco-friendly and energy-efficient, like self-healing concrete and energy-efficient glass. These innovations are not just buzzwords; they're becoming the norm in sustainable construction, making homes more durable and less reliant on energy.
Vietnamese media is playing a big role in this shift by highlighting the benefits of sustainable living. From TV shows to online articles, the message is clear: eco-friendly homes are the future. This media push is making people more aware and eager to invest in homes that align with their values.
Government incentives are also a game-changer. They're offering strategies and perks to promote green building practices, which is encouraging more developers to focus on sustainable housing. This means more options for buyers who want to make a positive impact with their purchase.
So, if you're thinking about buying property in Vietnam, consider the growing preference for sustainable living. It's not just a trend; it's a movement that's shaping the future of housing. Imagine owning a home that's not only beautiful but also contributes to a healthier planet.
Sources: 6Wresearch, Vietnam Briefing, Vietnam News
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18) Young professionals moving to Can Tho will boost demand for modern apartments due to demographic shifts
Can Tho is buzzing with new business activity, with 1,800 new business registrations in 2024 alone.
This surge in business is not just about numbers; it's about creating more job opportunities that are drawing young professionals to the city. The local government is keen on making Can Tho a business-friendly environment by actively engaging with businesses and addressing their concerns swiftly.
Infrastructure is getting a major boost too, with investments in public transport aimed at providing high-frequency services. This is a big draw for young professionals who prioritize modern amenities and efficient commuting options.
With the combination of job opportunities, government support, and improved infrastructure, Can Tho is becoming increasingly attractive. This is likely to boost demand for modern apartments as more young professionals make the move to the city.
The city is not just growing in numbers but also in appeal, thanks to its strategic focus on becoming a business hub. This focus is evident in the 7.82% growth in enterprises and dependent units returning to operation, further enhancing the city's economic landscape.
As Can Tho continues to evolve, it's clear that the city is positioning itself as a prime destination for young professionals seeking a vibrant and modern living environment.
Sources: Vietnam.vn, SMMR Asia
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.