Vietnam Real Estate

Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.

The housing market, like the economy, has shown positive recovery signs month after month, but difficulties are still present.

Promoting social housing projects remains a priority for the government.

In early Q2/2024, Vietnam's real estate market is steadily recovered, with the launch of numerous projects in different segments and impressive sales.

When the amended Land Law comes into effect in January 2025, more overseas Vietnamese will be able to own local property.

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It is estimated that one-fifth of all expatriate Vietnamese want to buy homes in the country.

Incentives from both market regulators and developers will be key to driving Vietnam's property sector in 2024.

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