Hanoi and Ho Chi Minh City apartment prices must drop further to reach reasonable levels
Experts argue that apartment prices in Hanoi and HCMC have decoupled from average incomes, now reaching 30-35 times the annual household income. Predictions suggest a 40-60% correction may be necessary over the next five years to align with actual affordability.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- HCMC, Mumbai forge strategic partnership under Vietnam–India State visit
Ho Chi Minh City and Mumbai have signed a landmark MoU to establish formal ties, marking the first such partnership between the two nations' economic hubs during President To Lam's state visit to India.
- HCMC targets 104,000 new household health insurance participants in May
Ho Chi Minh City Social Security has set a target for May to enroll an additional 104,000 household health insurance participants and 7,000 voluntary social insurance members to strengthen the city's social safety net.
- Ride-hailing driver assaults 'love rival' in front of girlfriend in Ho Chi Minh City
A ride-hailing driver in Ho Chi Minh City assaulted a man on the street in a dispute over a former romantic partner. Police are investigating the incident, which was captured on CCTV and sparked public outrage on social media.
- Ho Chi Minh City: Man arrested for assaulting ex-girlfriend's new partner
A 28-year-old man was detained in Ho Chi Minh City after assaulting his ex-girlfriend's new partner on the street. The incident, captured on CCTV and circulated on social media, led police to track down the suspect, who confessed that jealousy motivated the attack.