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Binh Duong's property market is experiencing remarkable growth with the highest rental yields in Vietnam and sustained price appreciation driven by robust foreign investment.
As of September 2025, apartment prices range from $1,765-2,000 per square meter, townhouses start from 22 million VND per sqm, and land values have reached historic highs of 37.8 million VND per sqm in prime areas. The province benefits from massive infrastructure upgrades, over $40 billion in FDI projects, and serves as Vietnam's manufacturing hub with occupancy rates exceeding 95% in industrial zones.
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Binh Duong delivers Vietnam's highest rental yields at 4.7% while apartment prices have surged 6-8 million VND per sqm in the past year.
The province attracts over $40 billion in FDI with 35,000-40,000 new residential units launching in 2025, supported by major infrastructure projects including new expressways and metro connections.
| Property Type | Current Price Range | Key Metrics |
|---|---|---|
| Apartments | 45-50 million VND/sqm ($1,765-2,000) | 4.7% rental yield, 80-90% occupancy |
| Townhouses | Starting from 22 million VND/sqm | High demand, limited supply |
| Land | Up to 37.8 million VND/sqm (prime areas) | 700% growth over past decade |
| Industrial | Variable by zone | 95%+ occupancy rates |
| New Supply 2025 | 35,000-40,000 residential units | 33% year-on-year increase |
| FDI Projects | 4,459 projects, $40+ billion | 75% in manufacturing sector |
| Market Outlook | Continued growth to 2030 | Strong fundamentals, infrastructure boost |
What are the current average prices for apartments, townhouses, and land in Binh Duong?
Binh Duong's property prices reflect the province's rapid development and strong investor demand across all property types.
Apartments currently sell for 45-50 million VND per square meter ($1,765-2,000), with premium projects commanding up to $2,500 per sqm. The overall average across all property types sits around $1,668 per sqm as of September 2025.
Townhouses start from 22 million VND per sqm, representing a significant increase from the 2023 median of just over 18 million VND per sqm. New townhouse projects typically price higher due to land scarcity and ongoing urbanization pressures.
Land values have reached historic peaks, with the highest listed prices hitting 37.8 million VND per sqm in central zones. Pricing varies significantly based on proximity to industrial hubs and infrastructure projects.
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How have property prices changed over the past 12 months in Binh Duong?
Binh Duong apartment prices have experienced substantial growth, rising by 6-8 million VND per sqm over the past year.
The year-on-year apartment price growth over the past decade averages 112%, translating to approximately 14% annual appreciation from 2017 to 2022. Land values have shown even more dramatic increases, surging 700% over the past decade.
This sustained upward trend is driven by industrial growth, major infrastructure projects, and robust foreign direct investment inflow. The province's strategic location and manufacturing base continue to attract both domestic and international buyers.
While suburban areas may experience some localized softening due to oversupply concerns, central areas and locations near industrial zones maintain strong price momentum. Market analysts expect this growth trajectory to continue through 2025 and beyond.
What are the current rental yields in Binh Duong compared to Ho Chi Minh City?
Binh Duong delivers Vietnam's highest rental yields, significantly outperforming major cities including Ho Chi Minh City.
Rental yields for apartments and houses in Binh Duong currently reach around 4.7%, compared to Ho Chi Minh City's 3.6% and Hanoi's 3.7%. This makes Binh Duong the most attractive province in Vietnam for rental income investors.
Occupancy rates for new and luxury apartments remain strong at 80-90%, with some high-demand projects near industrial zones operating at full capacity. The steady influx of migrants and industrial workers ensures consistent rental demand.
Office spaces in industrial zones achieve even higher occupancy rates, regularly approaching or exceeding 95% in key industrial parks. This strong occupancy supports the high rental yields and provides investors with stable income streams.
How many new projects are launching in Binh Duong this year and who are the major developers?
Binh Duong expects to launch 35,000-40,000 new residential units in 2025, representing a 33% year-on-year increase in supply.
Major developers actively investing in the province include CapitaLand, Tokyu Corporation (partnering with Becamex on the Midori The Nest project), Sun Group, and Phat Dat. These companies focus on urban, mixed-use, and residential developments.
Sun Group is developing the major Bac An Tay and Dong An Tay Urban Areas, while Phat Dat launches significant high-rise projects in Thuan An and Di An districts. CapitaLand continues expanding its presence with premium residential offerings.
The substantial increase in new launches reflects developer confidence in Binh Duong's market fundamentals and growth potential. Most projects target the growing population of industrial workers and middle-class families relocating to the province.
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What are the current occupancy rates for apartments and office spaces in Binh Duong?
Binh Duong maintains some of Vietnam's highest occupancy rates across both residential and commercial property segments.
Mid-to-high-end apartments sustain occupancy rates of 80-90%, with luxury projects near industrial zones often approaching full capacity. The consistent demand comes from the province's growing population of industrial workers and relocated professionals.
Office spaces, particularly in industrial zones, achieve exceptional occupancy rates regularly exceeding 95% in key industrial parks. Binh Duong ranks as the locality with the highest industrial occupancy rate in Vietnam.
The strong occupancy across all property types reflects the province's robust economic fundamentals and its position as Vietnam's premier manufacturing hub. This consistent demand provides property investors with reliable income streams and supports continued rental yield growth.
What infrastructure projects could impact property values in Binh Duong over the next 3-5 years?
Major infrastructure upgrades currently underway will significantly boost Binh Duong property values through 2030.
Key projects include the expansion of National Highway 13, completion of the Ho Chi Minh City–Thu Dau Mot–Chon Thanh Expressway, and the new Bach Dang 2 bridge. These improvements enhance connectivity between Binh Duong and Ho Chi Minh City.
Several urban mass transit (metro) projects are planned through 2030, which will dramatically improve accessibility and reduce commute times to major employment centers. These rail connections are expected to trigger significant property appreciation along transit corridors.
Infrastructure investments are already boosting property values, particularly near industrial zones and new business districts. Properties with improved access to transportation networks command premium pricing and attract higher investor interest.
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What are the absorption rates for newly launched projects in Binh Duong?
New project absorption rates in Binh Duong exceed 60% at launch for prime segment developments, demonstrating strong market demand.
Central locations, especially around major infrastructure hubs, generally achieve fast sell-through rates with strong interest from both investors and end-users. Projects near industrial zones and business districts perform particularly well.
However, suburban projects may experience slower absorption due to oversupply concerns in peripheral areas. Developers increasingly focus on central locations and areas with confirmed infrastructure upgrades to ensure rapid sales.
The strong absorption rates in prime locations reflect buyer confidence in Binh Duong's growth prospects and the province's fundamentals. Most successful projects combine strategic locations with quality construction and competitive pricing.
How much foreign direct investment is flowing into Binh Duong and which sectors drive property demand?
Binh Duong attracts massive foreign direct investment, hosting over 4,459 FDI projects with total registered capital exceeding $40 billion as of early 2025.
| Investment Sector | Share of FDI | Property Impact |
|---|---|---|
| Manufacturing/Processing | 75% | High demand for worker housing, industrial land |
| High-tech Industries | 15% | Premium residential demand, office spaces |
| Green Industries | 5% | Sustainable development projects |
| Supporting Services | 3% | Commercial and retail spaces |
| Logistics | 2% | Warehousing and distribution centers |
Manufacturing and processing account for 75% of FDI, followed by high-tech industries, green sectors, and supporting services. This diverse industrial base creates sustained demand for both residential housing for workers and commercial properties.
Continued FDI inflow drives housing and commercial property demand as new factories and business parks expand operations. The steady stream of new investments provides long-term support for property market growth.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
What financing options and mortgage rates are available for property buyers in Binh Duong?
Property buyers in Binh Duong can access competitive financing through major Vietnamese banks and international institutions.
Major Vietnamese banks, including international branches like HSBC, offer mortgage rates around 6.5-7% fixed for the first 1-2 years, with subsequent floating rates. Local banks provide diverse mortgage and installment options tailored to different buyer profiles.
Domestic buyers enjoy access to a wide range of financing products with flexible terms and competitive rates. Vietnamese banks have streamlined approval processes and offer loans for various property types including apartments, townhouses, and land.
Foreign buyers have regulated but accessible pathways for condo purchases, with the ability to own up to 30% of units in a given project. International banks operating in Vietnam provide specialized services for foreign property investors.
How are government policies and regulations shaping property transactions in Binh Duong?
The Land Law 2024 creates a more transparent, market-driven framework that supports sustainable property development in Binh Duong.
This new legislation enables more transparent land price frameworks, supports expanded foreign ownership opportunities, and encourages sustainable, green development practices. These changes provide greater certainty for property investors and developers.
Binh Duong province offers tax incentives and streamlined procedures for FDI and large industrial/commercial investments. These policies attract international businesses and support continued economic growth.
Local government initiatives focus on infrastructure development, urban planning improvements, and industrial zone expansion. These policy priorities align with property market growth and create favorable conditions for continued appreciation.
What's the demand outlook for industrial real estate in Binh Duong?
Industrial real estate demand in Binh Duong remains exceptionally strong, with absorption and occupancy rates among Vietnam's highest at over 95%.
Demand is fueled by factory relocations, logistics sector growth, and expanding supply chain activities. Binh Duong's strategic location between Ho Chi Minh City and other provinces makes it ideal for manufacturing and distribution operations.
New industrial supply continues expanding with VSIP III and several mega-zones under construction for completion between 2025-2027. Despite this new supply, demand continues to outpace availability in prime industrial locations.
The industrial sector's strength directly supports residential property demand as companies relocate operations and employees to the province. This creates a positive cycle of economic and property market growth.
It's something we develop in our Vietnam property pack.
What are analysts forecasting for Binh Duong's property market over the next 2-3 years?
Analysts predict continued moderate price growth with high-end apartments potentially reaching $2,500 per sqm by 2030, supported by strong market fundamentals.
Rental yields in central zones are expected to remain stable or increase further, maintaining Binh Duong's position as Vietnam's highest-yielding property market. Persistent demand driven by urbanization, migration, and continued FDI supports this outlook.
Market risks include potential oversupply in peripheral zones and broader macroeconomic or regulatory shifts that could impact investment flows. However, most forecasts remain optimistic due to strong fundamentals and ongoing infrastructure upgrades.
The combination of infrastructure development, industrial growth, and population expansion creates a favorable long-term environment for property appreciation. Binh Duong's strategic position and economic diversity provide resilience against market volatility.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Binh Duong's property market fundamentally outperforms most of Vietnam with the nation's highest rental yields at 4.7%, robust occupancy rates, and sustained price appreciation driven by over $40 billion in foreign investment.
The province's strategic position as Vietnam's manufacturing hub, combined with major infrastructure upgrades including new expressways and metro connections, positions it for continued growth through 2030 despite potential oversupply risks in peripheral areas.
Sources
- Binh Duong Price Forecasts - BambooRoutes
- Binh Duong Townhouses High Demand - An Gia
- Binh Duong Government Property Report
- Binh Duong Highest Rental Yields - Lao Dong
- Binh Duong Real Estate Market - BambooRoutes
- Vietnam Real Estate Binh Duong
- Binh Duong Townhouses - Dot Property
- Binh Duong Real Estate Forecasts - BambooRoutes
- Binh Duong Surpasses HCMC Hanoi Rental Yields - Lao Dong
- Vietnam Market Snapshot Q1 2024 - NAI Vietnam