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Hai Phong’s real estate market is forecast to have significant room and strong potential to break through and become a new growth pole of the national property market.
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The Vietnam National Real Estate Association, the Business Forum Magazine, the Vietnam Association of Real Estate Brokers and the Hai Phong Real Estate Association, held the forum “Hai Phong real estate investment spotlight” at the city Convention and Performance Center on November 27.
At the forum, experts assessed that Hai Phong’s transport infrastructure and urban development systems are receiving strong and synchronous investment. The rapid growth of industrial parks and economic zones is attracting a large population influx, driving substantial demand for housing, especially social housing and worker accommodation.
Following the administrative merger of Hai Phong and Hai Duong province, Hai Phong has expanded its development space, optimized its land resources, and created an extended industrial–logistics–service value chain with its own competitive advantages. This has fueled demand and deepened the market for housing, shophouses, and cash-flow property products in Hai Phong’s real estate sector. The city’s real estate market still holds considerable potential.
Hai Phong is now continuing to pursue a development strategy in which “infrastructure leads, the economy accelerates,” creating new development space for real estate and forming an important foundation for strong growth across property segments, especially housing projects. The city has 146 commercial housing projects under construction, with 27,000 condominium units and 61,000 low-rise homes.
Regarding social housing, 48 projects have been completed, are underway, or are preparing for implementation, with a total scale of about 54,914 units, exceeding the target assigned by the Prime Minister (49,400 units) for the entire 2021 – 2030 period by 11%.
According to experts at the forum, demand for real estate in Hai Phong is forecast to rise sharply during 2026 – 2030, particularly in commercial housing, social housing, industrial parks, and tourism–resort real estate.
With the partnership of the local authorities, the business community, and regulatory bodies, Hai Phong’s real estate market is expected to continue developing in the right direction, fully unlocking its potential and meeting the growing needs of residents and businesses.
NGOC LAN – PHAN TUAN
