In recent years, riverside real estate in Ho Chi Minh City has emerged as a prime investment opportunity, particularly among the super-rich. These areas, often referred to as the "green lungs" of the city, provide not only a serene living environment but also significant potential for value appreciation. With urbanization rapidly increasing and construction density on the rise, the demand for natural living spaces has become more pressing than ever.
According to market research, the asking prices for land plots in the suburbs of Hanoi have surged between 30% and 80% in the first two months of 2025, with Quoc Oai district witnessing a staggering 74% increase. However, interest in these land plots has not kept pace, showing signs of leveling off or even slightly declining. This discrepancy indicates a cautious approach from many investors who are waiting to see how the market stabilizes before making decisions.
Real estate expert Dinh Minh Tuan warns that the current market phase is fraught with risks, especially for newcomers. He emphasizes that property prices are influenced by various factors, including infrastructure, location, and local economic conditions. "Mergers can present great opportunities, but buyers must be prudent about where and when they invest, avoiding the herd mentality," he advises.
Despite these warnings, the allure of riverside properties continues to attract buyers. Projects like Grand Marina Saigon, the first branded real estate project in Vietnam managed by Marriott International, are drawing significant interest. Located along the Saigon River, this development not only boasts a prime location but also offers luxurious amenities that cater to high-end consumers.
In the East of Ho Chi Minh City, Vinhomes Grand Park stands out as a must-have investment for discerning buyers. The project offers a range of options, from luxurious apartments to commercial townhouses, all set within a well-planned urban area. With an average selling price of 40 to 80 million VND per square meter, it remains attractive compared to the city-wide average of 91 million VND per square meter.
As the demand for high-quality living spaces increases, the market for renting houses is expected to remain robust throughout 2025. Experts predict that the demand for rental properties will continue to rise, driven by a growing population of professionals and families seeking modern accommodations.
Additionally, the upcoming completion of infrastructure projects, such as Ring Road 3 and the Ben Thanh - Suoi Tien metro line, is expected to further enhance the appeal of areas like Vinhomes Grand Park. These developments will not only improve connectivity but also boost property values, making them highly attractive to investors.
Moreover, the Grand Park is set to debut the Wonder Boxes lakeside kiosk pedestrian street, featuring nine zones and 92 kiosks, which will enhance the area’s appeal and attract visitors. This initiative is part of a broader strategy to create vibrant community spaces that cater to both residents and tourists.
While the riverside real estate market in Ho Chi Minh City is undoubtedly thriving, experts caution potential investors to remain vigilant. The rapid price increases in suburban areas, coupled with a lack of corresponding interest, suggest that the market may be entering a correction phase. Investors are advised to conduct thorough research and consider the long-term viability of their investments.
In conclusion, as the real estate landscape in Vietnam continues to evolve, the trend towards riverside properties is likely to persist. With their promise of natural beauty, high-quality living conditions, and strong investment potential, these areas are set to remain at the forefront of the property market.
