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Get all the data you need about the real estate market in Hai Phong
Current housing prices in Hai Phong in 2026 are rising, but the market is not rising at the same speed in every district or property type.
We constantly update this blog post so buyers can follow the latest Hai Phong property price trends, fresh market signals and realistic forecasts.
In this article, we look at past price growth, current residential prices and future property forecasts in Hai Phong.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Hai Phong.
What are the current property price trends in Hai Phong as of 2026?
What is the average house price in Hai Phong as of 2026?
As of 2026, the estimated average residential property price in Hai Phong is about VND 4.8 billion to VND 5.3 billion, which is roughly USD 183,000 to USD 202,000, or EUR 157,000 to EUR 173,000.
That means the average property price in Hai Phong in 2026 is around VND 48 million to VND 55 million per square meter of built residential area, or about USD 1,830 to USD 2,100, or EUR 1,570 to EUR 1,800 per square meter.
For most buyers, a realistic Hai Phong residential purchase in 2026 sits between about VND 2.2 billion and VND 9 billion, or roughly USD 84,000 to USD 343,000, or EUR 72,000 to EUR 294,000.
How much have property prices increased in Hai Phong over the past 12 months?
Residential property prices in Hai Phong increased by about 7% to 9% over the past 12 months, from mid 2025 to June 2026.
The increase was not equal everywhere, because apartments in Hai Phong rose by about 6% to 8%, while townhouses, villas and shophouses in strong planned areas rose closer to 8% to 12%.
The biggest reason behind this price growth in Hai Phong was the city’s strong industrial and logistics economy, which keeps bringing jobs, buyers and rental demand into the market.
Which neighborhoods have the fastest rising property prices in Hai Phong as of 2026?
As of 2026, the three fastest rising residential areas in Hai Phong are Thuy Nguyen, Hai An and Duong Kinh.
Thuy Nguyen property prices are likely up around 10% to 13% year on year, Hai An around 8% to 11%, and Duong Kinh around 8% to 10%.
The common demand driver is simple: these Hai Phong areas connect housing with jobs, bridges, ports, logistics zones, new urban projects and better daily commuting.
By the way, you will find much more detailed price ranges across neighborhoods in our property pack covering the real estate market in Hai Phong.
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Which property types are increasing faster in value in Hai Phong as of 2026?
As of 2026, the fastest appreciating property types in Hai Phong are townhouses first, shophouses second, villas third, detached houses fourth, and apartments or condos last.
The top performing Hai Phong residential type is the townhouse in a well connected urban project, with estimated annual appreciation of about 9% to 12%.
Townhouses are outperforming because Hai Phong buyers want landed homes near jobs and services, but legally clear, well located landed supply is still limited.
Finally, if you’re interested in a specific property type, you will find our latest analyses here:
- How much should you pay for a house in Hai Phong?
- How much should you pay for an apartment in Hai Phong?
- How much should you pay for lands in Hai Phong?
What is driving property prices up or down in Hai Phong as of 2026?
As of 2026, the three biggest forces moving Hai Phong property prices are industrial job growth, port and logistics expansion, and new urban planning around districts like Thuy Nguyen, Hai An and Duong Kinh.
The strongest upward pressure comes from Hai Phong’s factory, port and logistics economy, because this creates real housing demand from workers, managers, business owners and relocating families.
If you want to understand these factors at a deeper level, you can read our latest property market analysis about Hai Phong here.
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What is the property price forecast for Hai Phong in 2026?
How much are property prices expected to increase in Hai Phong in 2026?
As of 2026, residential property prices in Hai Phong are expected to increase by about 6% to 9% for the full year.
Most realistic Hai Phong property forecasts in 2026 fall between 5% and 11%, with apartments near the lower end and well located landed homes near the higher end.
The main assumption behind these forecasts is that mortgage rates stay broadly stable and Hai Phong’s industrial, port and logistics economy keeps growing.
We go deeper and try to understand how solid are these forecasts in our pack covering the property market in Hai Phong.
Which neighborhoods will see the highest price growth in Hai Phong in 2026?
As of 2026, Thuy Nguyen, Hai An, Duong Kinh and An Duong are the Hai Phong areas most likely to see the highest residential price growth.
Projected 2026 price growth is around 9% to 12% in Thuy Nguyen, 8% to 11% in Hai An, 7% to 10% in Duong Kinh, and 7% to 9% in An Duong.
The main catalyst is that these Hai Phong neighborhoods combine better access, new housing projects and demand from industrial, port and logistics employment.
An Duong could surprise on the upside because Hai Phong buyers who cannot afford central districts may move there for better value.
By the way, we’ve written a blog article detailing what are the current best areas to invest in property in Hai Phong.
What property types will appreciate the most in Hai Phong in 2026?
As of 2026, townhouses and shophouses in legitimate master planned projects are expected to appreciate the most in Hai Phong.
The projected appreciation for these top Hai Phong property types is about 8% to 11% in 2026, with the best locations possibly doing slightly better.
The main demand trend is the search for landed homes that can serve both family use and small business use near growing residential districts.
Luxury apartments are expected to underperform because Hai Phong still has thinner high end rental demand than Hanoi or Ho Chi Minh City.
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How will interest rates affect property prices in Hai Phong in 2026?
As of 2026, interest rates are likely to cap Hai Phong property prices rather than stop growth, because stable borrowing costs support buyers but still limit what households can afford.
Vietnam’s benchmark policy rate is around 4.5% in June 2026, and mortgage rates in Hai Phong are expected to stay broadly stable unless inflation or currency pressure rises.
A 1% increase in mortgage rates can reduce buying power by roughly 8% to 12%, so Hai Phong apartments and leveraged investors are the most sensitive segments.
You can also read our latest update about mortgage and interest rates in Vietnam.
What are the biggest risks for property prices in Hai Phong in 2026?
As of 2026, the three biggest risks for Hai Phong property prices are overpricing in new urban projects, legal or construction delays, and weaker export demand.
The highest probability risk is overpricing, because some sellers in Hai Phong already price future infrastructure before streets, schools, shops and rental demand are fully proven.
We actually cover all these risks and their likelihoods in our pack about the real estate market in Hai Phong.
Is it a good time to buy a rental property in Hai Phong in 2026?
As of 2026, it can be a good time to buy a rental property in Hai Phong, but only if the price is reasonable and the property is near real employment demand.
The strongest argument for buying now is that Hai Phong’s industrial, port and logistics economy supports steady demand for apartments and small houses near Hai An, Le Chan, Ngo Quyen and Thuy Nguyen.
The strongest argument for waiting is that some new urban projects look expensive compared with current rents, so patient buyers may find better prices or clearer legal progress later.
If you want to know our latest analysis (results may differ from what you just read), you can read our assessment on whether now is a good time to buy a property in Hai Phong.
You’ll also find a dedicated document about this specific question in our pack about real estate in Hai Phong.
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Where will property prices be in 5 years in Hai Phong?
What is the 5-year property price forecast for Hai Phong as of 2026?
As of 2026, residential property prices in Hai Phong are expected to be about 35% to 50% higher by 2031 in nominal Vietnamese dong terms.
A conservative 5-year Hai Phong forecast is about 25% to 35% growth, while an optimistic but still realistic forecast is about 50% to 60% growth.
This means the average annual appreciation rate for Hai Phong residential property over the next 5 years is likely around 6% to 8%.
The key assumption is that Hai Phong continues to grow as a northern industrial, port and logistics city, while infrastructure delivery keeps improving access to new residential districts.
Which areas in Hai Phong will have the best price growth over the next 5 years?
The three Hai Phong areas expected to have the best 5-year price growth are Thuy Nguyen, Hai An and Duong Kinh.
Projected 5-year cumulative price growth is about 45% to 65% in Thuy Nguyen, 40% to 55% in Hai An, and 35% to 50% in Duong Kinh.
This is close to the short term forecast, but the 5-year view gives more weight to districts that can become complete urban areas, not only hot investment zones.
An Duong looks like the most interesting undervalued area because it offers cheaper entry prices and can benefit from spillover demand from central Hai Phong.
What property type will give the best return in Hai Phong over 5 years as of 2026?
As of 2026, well located townhouses in active Hai Phong urban areas should give the best total return over the next 5 years.
The projected 5-year total return for good Hai Phong townhouses is about 55% to 85%, including both capital appreciation and rental income.
The main structural trend is that Hai Phong needs more family housing near jobs, schools, retail and transport, while good landed homes remain harder to replace than apartments.
Mid market apartments offer the best balance of return and lower risk because they are easier to rent, easier to resell and cheaper to enter.
How will new infrastructure projects affect property prices in Hai Phong over 5 years?
The three infrastructure themes most likely to lift Hai Phong property prices are bridges and roads into Thuy Nguyen, port and airport access around Hai An, and wider links toward Hanoi, Quang Ninh and Hai Duong.
Properties near completed and useful infrastructure in Hai Phong can often earn a price premium of about 10% to 25% compared with similar homes in less connected areas.
The Hai Phong neighborhoods that should benefit most are Thuy Nguyen, Hai An, Duong Kinh, An Duong and selected parts of Le Chan and Ngo Quyen where access is already strong.
How will population growth and other factors impact property values in Hai Phong in 5 years?
Hai Phong’s planned population and urban growth should support residential property values over the next 5 years, especially if the city keeps moving toward roughly 2.8 million to 3.0 million people by 2030.
The demographic shift with the strongest impact will be rising income among industrial workers, engineers, managers and service workers who want better apartments and family homes.
Domestic migration should support Hai Phong property values as workers and families move toward factories, ports and logistics zones, while foreign residents should mainly support selected rental pockets.
The biggest beneficiaries should be mid market apartments, small townhouses and detached houses in Hai An, Le Chan, Ngo Quyen, Thuy Nguyen, Duong Kinh and An Duong.
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.
What is the 10 year property price outlook in Hai Phong?
What is the 10-year property price prediction for Hai Phong as of 2026?
As of 2026, residential property prices in Hai Phong are expected to be about 75% to 120% higher by 2036 in nominal Vietnamese dong terms.
A conservative 10-year forecast for Hai Phong is about 55% to 75% growth, while an optimistic forecast is about 120% to 150% growth in the strongest districts.
This implies average annual appreciation of roughly 5.8% to 8.2% for Hai Phong residential property over the next decade.
The biggest uncertainty is whether Hai Phong can keep delivering infrastructure, jobs, legal project progress and export growth through several market cycles.
What long-term economic factors will shape property prices in Hai Phong?
The three long term economic factors that will shape Hai Phong property prices are port growth, industrial upgrading and regional connectivity with Hanoi, Quang Ninh and the wider Red River Delta.
The most positive long term factor is Hai Phong’s role as northern Vietnam’s sea gateway, because this can keep supporting jobs, incomes, business activity and housing demand.
The greatest structural risk is weaker global trade, because Hai Phong’s economy is strongly linked to exports, factories, logistics and international supply chains.
You’ll also find a much more detailed analysis in our pack about real estate in Hai Phong.
What sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Hai Phong, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why this source matters | How we used it |
|---|---|---|
| Hai Phong Statistics Office | It is the official statistics source for the city. | We used it for local economic momentum, population context and industrial activity. We treated it as the base layer for demand analysis. |
| Hai Phong City master plan note | It is an official local planning source. | We used it to understand Hai Phong’s long term urban direction. We linked future prices to planned multi center development. |
| Vietnam Government master plan notice | It is the official Government News portal. | We used it for population and urbanization targets. We used those targets to support 5-year and 10-year housing forecasts. |
| Prime Minister Decision 423/QD-TTg | It is an official Vietnamese legal document. | We used it because it updates Hai Phong planning work to 2050 and 2075. We treated it as evidence of ongoing urban expansion priorities. |
| JLL Hai Phong Property Market Perspectives | JLL is a major real estate consultancy. | We used it for Hai Phong’s industrial, logistics and FDI context. We linked these drivers to residential demand rather than tourism demand. |
| JLL Vietnam North ready built landed properties Q1 2026 | It gives institutional data for northern landed housing. | We used it to benchmark villas, townhouses, shophouses and landed homes. We adjusted the regional numbers for Hai Phong submarkets. |
| Savills Vietnam 2026 market outlook | Savills gives transparent residential market commentary. | We used it to avoid assuming a broad speculative boom. We treated 2026 as a selective recovery year. |
| CBRE Hanoi Figures Q1 2026 | Hanoi is the key northern price benchmark. | We used Hanoi as a ceiling and comparison market. We did not treat Hanoi prices as Hai Phong transaction prices. |
| Batdongsan market reports | It is Vietnam’s largest property portal. | We used it for asking price and search interest signals. We did not treat listings as final sale prices. |
| World Bank Vietnam country page | It is a high quality macroeconomic source. | We used it for Vietnam growth and trade exposure. We linked national growth and global risk to Hai Phong housing demand. |
| VietnamPlus SBV interest rate note | VietnamPlus reports official policy statements. | We used it for 2026 interest rate direction. We linked borrowing costs to buyer affordability and liquidity. |
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