Article -> Article Details
| Title | Vietnam Luxury Residential Real Estate Market Size, Share, Growth, Trends and Forecast 2025-2033 |
|---|---|
| Category | Business --> Financial Services |
| Meta Keywords | vietnam luxury residential real estate market |
| Owner | Imarc |
| Description | |
| Luxury Residential Real Estate Market Overview Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Growth Rate (2025-33): 4.41% Vietnam luxury residential real estate market size is projected to exhibit a growth rate (CAGR) of 4.41% during 2025-2033. The increasing foreign investments in real estate ventures, the changing lifestyle preferences among the emerging affluent class, rising accessibility of luxury homes to a larger demographic and the growing shift towards sustainable living represent some of the key factors driving the market. For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/vietnam-luxury-residential-real-estate-market/requestsample Vietnam Luxury Residential Real Estate Market Trends and Drivers: The Vietnam luxury residential market is shifting from dependence on foreign investment towards the domestic market with a new wealthy class of Vietnamese consumers. This is explained by a rapid growth in high-net-worth individuals in Vietnam, mainly linked to the increase in value of the private sectors in technology, finance and manufacturing. Unlike previous cycles where the demand was for speculative foreign capital, now it is end-user demand for generational living and capital wealth preservation. This more advanced consumer profile is no longer satisfied with generic, high-rise tower units, but is now looking for custom-designed projects that offer an architectural and experiential story that is product and community exclusive. The strong demand we are seeing today is for low-rise waterfront homes, landed homes with gated communities, and villas with private gardens and swimming pools as essentials. Placemaking is the new buzzword with the addition of private clubs, world-class wellness centers, and curated retail spaces within the master plan itself. This is more than merely buying assets; it's lifestyle procuration, and demands that developments not only provide a home, but a legacy and a sanctuary tailored to the subtle preferences and lifestyle choices of the affluent locals at its core. The permanent and irreversible fusion with sustainability and wellness principles today means that the concept of luxury in Vietnamese cities has fundamentally expanded; green or wellness features are no longer a premium up-market amenity but expected in high-value properties by an increasingly affluent domestic clientele. The aspiration for sustainability is captured in requests for international certifications such as LEED and LOTUS that offer more objective comparisons of the environmental performance and healthier indoor environments evidenced in buildings. A thorough request was made for environmentally sensitive solutions that involved energy-efficient appliances, air and water purification systems, non-toxic and locally sourced building materials, and a biophilic design linking the interior and exterior through vertical gardens and natural light. Wellness is also being architecturally integrated into properties, which now include yoga spaces, meditation rooms, spa facilities and reflective pools, rather than a simple gym space. These measures have created a two-tier market where properties without wellness programming and without certified sustainability credentials are not appreciating, while properties that lead with wellness/sustainability programming are capturing a 15-20% premium price above other comparable condominiums, setting a new standard for a truly modern, responsible and desirable luxury residential product in the country. The global health emergency has permanently changed the calculus of purchasing luxury properties, requiring space reconfiguration and greater decentralization of urban centers. Extended stay-at-home orders have altered the luxury apartment construct from an escape to a multi-use environment for living, working and learning, as well as a sanctuary for wellness. There is a strong move away from smaller open plan apartments to larger apartments with more floor space, designated areas or spatial zoning and designated private patios such as terraces, balconies and logias. A three-bedroom apartment now often has a separate fourth room which can be used as a professional study, a home library or a personal fitness space. Concurrently, the definition of prime locations has been expanded beyond the customary CBD to include quieter and more relaxed areas with greater access to parks, riverfronts and larger land plots. This has driven the development of integrated townships on the outskirts of Ho Chi Minh City and Hanoi, offering a more balanced lifestyle with all amenities in one self-contained environment; a long-term structural shift for the luxury property market. Vietnam Luxury Residential Real Estate Market Industry Segmentation: Type Insights:
Regional Insights:
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Request Customization: https://www.imarcgroup.com/request?type=report&id=13170&flag=E Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-201971-6302
| |