Authored by the expert who managed and guided the team behind the Vietnam Property Pack
Yes, the analysis of Ho Chi Minh City's property market is included in our pack
Where are the best places to invest in Ho Chi Minh City right now? Is District 1 still the top pick, or are areas like Thao Dien, District 7, and Binh Thanh gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with real estate agents, developers, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Ho Chi Minh City and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Phu My Hung in District 7 is popular for its well-planned infrastructure and luxury residential projects, attracting affluent buyers
Phu My Hung in District 7 is a top choice for affluent buyers because of its well-planned infrastructure and high-end residential projects.
Over the years, property prices here have been on the rise, with an average annual growth of 15%. This trend was even more pronounced from 2020 to 2023, when prices surged by 25% on average, outpacing historical growth trends.
The area boasts modern urban planning, highlighted by the 17.8km Nguyen Van Linh Parkway, which significantly boosts connectivity. Eco-friendly projects like the Canal District Park renovation and the “5-in-1” L’Arcade project have also drawn in a high concentration of affluent residents.
These developments not only make properties more desirable but also enhance the overall appeal of the area. High-end residential projects have been key in attracting wealthy buyers, despite a slowdown in new developments.
From 2022 to 2024, only 315 new units were launched, yet luxury developments like Cardinal Court and Canal District apartments have seen successful transactions, with 30-40% growth in the secondary market.
This enduring appeal of Phu My Hung properties is a testament to its strategic planning and premium offerings.
Sources: Phu My Hung Surpasses 2024 Sales Goals, Phu My Hung Urban Area Development, International Schools in Phu My Hung
2) Thu Thiem in District 2 is booming with rapid development and strategic location, promising significant property value growth
Thu Thiem in District 2 is a hot spot because of its rapid development and strategic location.
In recent years, the real estate market in Thu Thiem has been buzzing with activity. Thanks to significant investment and infrastructure development, property values have been on the rise. By 2023, over 90% of the total supply of residential and commercial spaces was snapped up by eager buyers.
Key infrastructure projects like the Thu Thiem 1 Bridge, Thu Thiem Tunnel, and Thu Thiem 2 Bridge have made it easier to get to District 1. This has resolved connectivity issues and made the area even more attractive. Although not yet in place, future metro lines are expected to further boost accessibility and property values.
The government has big plans for Thu Thiem. By 2030, they aim to turn it into a significant regional financial center, and by 2045, a top 50 financial hub globally. This includes developing fintech, digital banks, and digital transaction markets, along with a financial commercial center modeled on international standards.
Thu Thiem is being developed with a clear vision. A large portion of the area is dedicated to creating a balanced ecosystem, with residential areas, commercial centers, and transportation infrastructure all carefully planned.
Sources: Achieve Real, JLL, Elitere
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.
3) Tan Binh District is booming with its strategic location near Tan Son Nhat Airport, boosting demand for residential and commercial properties
Tan Binh District is booming thanks to its prime spot near Tan Son Nhat International Airport.
In recent years, especially in 2023 and 2024, the area around the airport has seen major changes. The Civil Aviation Authority of Vietnam has given the green light to more night flights and increased takeoffs and landings, particularly during busy times like the Lunar New Year. This means there's a growing need for places to stay and services nearby, which naturally boosts property demand in Tan Binh.
Investors are eyeing Tan Binh District because of its high rental yields, which range from 4.5% to 5.5%. This is largely due to its closeness to the airport and the presence of mixed-use developments. These attractive returns are drawing more investors, pushing up demand even further.
The district's infrastructure is also on the rise, with a well-coordinated transportation network that improves connectivity with the city's economic zones. This better access, especially to the airport, makes Tan Binh District even more appealing for both residential and commercial purposes.
With all these factors in play, it's no wonder that Tan Binh District is becoming a hot spot for property buyers. The strategic location near the airport is a key driver, making it a prime choice for those looking to invest in real estate.
Sources: TTTFIC GROUP, VietNamNet
4) Thao Dien is thriving with high rental yields from expatriates seeking international schools and modern amenities
Thao Dien is a hot spot for property investors, thanks to its high rental yields.
In 2023 and 2024, studio apartments in Thao Dien offered rental yields of around 3.22%, while 1-bedroom apartments could yield up to 4.59% per annum. These numbers are quite attractive, especially when you consider that the average rental yield in Ho Chi Minh City is 4.00%. This makes Thao Dien a standout choice for those looking to invest in property.
One big draw for Thao Dien is its international schools, like the British International School and the International School Ho Chi Minh City. These schools are a magnet for expatriate families, who are increasingly choosing Thao Dien for its vibrant international community. The expat population in Ho Chi Minh City is on the rise, and many are settling in Thao Dien for its unique blend of community and convenience.
Thao Dien isn't just about schools; it also boasts a range of modern amenities that make life comfortable for expatriates. From shopping centers to restaurants and recreational facilities, the area offers everything needed for a comfortable lifestyle. These amenities, along with ongoing development and infrastructure improvements, are key reasons why Thao Dien is becoming more popular among both expatriates and investors.
For those considering a property investment, Thao Dien's combination of high rental yields, international schools, and modern amenities makes it a compelling choice. The area's appeal is only growing, driven by the demand from expatriates seeking a community that offers both comfort and convenience.
Sources: Global Property Guide, Moon Pham Blog, SGGP English Edition
5) District 9 is attracting interest with its tech hub transformation and potential property appreciation from the Saigon Hi-Tech Park development
District 9 is turning heads as it evolves into a tech hub, thanks to the Saigon Hi-Tech Park.
With the park's development, infrastructure is getting a major boost. New transportation links are making the area more accessible, which is expected to increase its appeal and property values. This is a big deal for anyone looking to invest in real estate here.
By 2025, the Saigon Hi-Tech Park aims to be a smart technology park, attracting huge investments and foreign projects. This is a magnet for tech companies and startups, which means more demand for homes and offices in District 9.
The government is also stepping in with policies to promote the digital economy and support tech growth. These initiatives are making District 9 even more attractive as a tech hub, which in turn is pushing property prices up. The influx of tech companies is a game-changer for the local real estate market.
Improved transportation and the arrival of tech firms are not just boosting property prices; they're also increasing transaction volumes. This means more buying and selling activity, which is great news for investors.
For those eyeing property in District 9, the transformation into a tech hub is a promising sign. The area's development is not just about tech; it's about creating a vibrant community where people want to live and work. This makes it a hot spot for future growth.
Sources: Haiquan Online, Saigon Technology, Vietnam Plus, The Saigon Times
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7) Binh Thanh District is gaining interest for its affordable homes and closeness to the city center, attracting young professionals and investors
Binh Thanh District is a hotspot for affordable housing in Ho Chi Minh City.
With lower property prices than District 1, Binh Thanh offers a budget-friendly option for homebuyers. This affordability makes it a go-to choice for those wanting to invest in property without spending a fortune.
Its close proximity to District 1 means you can enjoy a short commute to the central business hub. This is a major perk for young professionals who want to be near their workplaces but avoid the steep costs of living right in the city center.
The district is buzzing with vibrant neighborhoods, attracting a large number of young professionals. Modern amenities and cultural spaces add to its lively atmosphere, making it an appealing place to settle down.
Investors are also eyeing Binh Thanh for its potential. The district's strategic location and affordable prices make it a promising area for real estate investment, especially for those looking to tap into the growing market of young professionals.
Sources: World Bank, CBRE Vietnam
8) District 12 is gaining attention for its industrial growth and affordable housing, appealing to workers and investors
District 12 in Ho Chi Minh City is gaining attention for its booming industrial growth.
Thanks to several industrial parks, like Tan Thoi Hiep, the area offers modern infrastructure and a strategic location that attract both workers and investors. This industrial expansion is a key factor in the district's rising popularity.
Housing in District 12 is notably more affordable compared to central Ho Chi Minh City. This affordability appeals to workers seeking budget-friendly living options and investors eyeing the rental market.
The government is also investing in infrastructure projects to enhance connectivity to District 12. These projects include developing transportation networks and public green spaces, making the district more accessible and livable.
With these improvements, District 12 is becoming a hotspot for industrial activity and housing development. The combination of industrial growth and affordable housing makes it an attractive option for many.
As the district continues to evolve, its appeal is only expected to grow, drawing more interest from both local and international parties.
Sources: VnEconomy, Tan Thoi Hiep Industrial Park, VietnamPlus
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.
9) Binh Chanh District is attracting long-term investors with its large-scale urban projects and affordable land prices
Binh Chanh District is becoming a hotspot for long-term investors thanks to its large-scale urban projects and affordable land prices.
In recent years, Binh Chanh has transformed into a key part of Ho Chi Minh City's southern urban area, focusing on high-tech development and diverse economic activities. This shift is drawing attention from those looking to invest in the future.
The government is also stepping up with plans to enhance infrastructure, including entertainment, cultural, and healthcare services. These improvements are part of a strategic push to boost the area's long-term growth potential.
One of the biggest draws for investors is the land prices in Binh Chanh, which are significantly lower than those in central districts. This affordability offers a cost-effective entry point for those looking to invest in real estate.
Land in Binh Chanh is priced at 75% of the non-agricultural production and business land price, making it a budget-friendly option for savvy investors.
With these factors in play, Binh Chanh is on the radar for its potential in urban development and investment opportunities.
Sources: SGGP Online, Vietnam.vn, Phat Dat
10) Go Vap District is gaining interest for its competitive property prices and better transport links to the central business district
Go Vap District is catching the eye of investors for its competitive property prices and improving transport links.
In Go Vap, the median list price for condos is ₫ 1.65 billion, which is quite a bargain compared to pricier areas like District 1 and District 2. This affordability is a magnet for investors who want more bang for their buck.
Transportation is getting a boost too. Major roads like Thong Nhat Street and Nguyen Van Khoi Street are set for expansion, easing traffic and making the central business district more accessible. This is a game-changer for residents and investors alike.
Media outlets are buzzing about Go Vap as a new investment hotspot. They often highlight the district's competitive property prices and infrastructure upgrades, drawing in fresh interest from potential buyers.
With affordable housing and better transport links, Go Vap is generating a lot of excitement as a promising area for future growth. Investors are taking note of these developments.
As these changes unfold, Go Vap's appeal continues to rise, making it a district to watch for savvy investors.
Sources: VnEconomy, Dot Property
11) District 4 is gaining interest for its waterfront developments and closeness to District 1, promising high rental returns
District 4 in Ho Chi Minh City is quickly becoming a trendy hotspot.
One big reason for this buzz is the rise in property prices over the past few years, signaling a surge in interest from investors. This uptick in demand is a clear indicator that District 4 is on the move. The area is seeing a wave of new residential and commercial projects, especially along the waterfront, which are drawing in both locals and expatriates looking for modern, convenient living spaces.
Its proximity to District 1, the central business district, adds to its charm. Many young professionals and expatriates prefer living close to their workplaces, making District 4 a prime choice. The district's appeal is further boosted by its vibrant lifestyle offerings, with a growing number of cafes, restaurants, and entertainment venues attracting a trendy crowd.
Investors are particularly interested in District 4 because of its high rental yields, which range from 5.5% to 6.5%. This makes it a lucrative option for those seeking good returns. The area is also benefiting from infrastructure improvements, such as new bridges and roads, which are enhancing connectivity and making it even more attractive.
These developments are not just about convenience; they are transforming District 4 into a lively and desirable place to live. The district's waterfront developments are a major draw, offering stunning views and a modern lifestyle. This transformation is making District 4 a sought-after location for both living and investment.
With its strategic location and ongoing developments, District 4 is poised to become one of the most desirable areas in Ho Chi Minh City. The combination of high rental returns, modern amenities, and improved infrastructure is setting the stage for its continued rise.
Sources: Arcadia Consult, Vietnam Plus
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12) Tan Phu District is gaining interest with its mid-range apartments catering to the growing middle class
Tan Phu District is catching eyes in the real estate scene with a surge in mid-range apartment projects.
In recent years, especially around 2023 and 2024, developments like Carillon 7 by TTC Land have been making waves by launching their final units at competitive prices. This isn't just a one-off; other projects such as Hung Thinh Melody Residence and Au Co Tower are also jumping on the bandwagon, offering apartments that are easy on the wallet.
What's driving this boom? Well, the district's infrastructure is getting a facelift, making it a hot spot for buyers and renters. Some projects have seen a 20-25% annual price hike, a clear sign of the growing demand for these mid-range homes.
Ho Chi Minh City is seeing a demographic shift with a rapidly expanding middle class, and they're on the hunt for affordable housing. Tan Phu District, with its modern infrastructure and urban development plans, is emerging as a key area for future growth, making it a magnet for real estate investors and buyers.
For those looking to invest, Tan Phu offers a promising landscape. The district's appeal is not just in its current offerings but also in its potential for future development. With a growing middle-class population fueling demand, the area is poised for continued growth.
So, if you're considering buying property in the country, keep an eye on Tan Phu District. It's not just about the present; it's about the potential for future returns as the area continues to develop and attract more residents.
Sources: SGGP News, Dot Property, TTC Land
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.