The real estate market in Q2/2026 entered a correction phase following a period of overheating, recording decelerating liquidity and a wave of cut-loss sales ranging from VND 100 million to VND 300 million on the secondary market. Short-term speculative capital shifted decisively toward an asset-accumulation mindset and genuine end-user demand, turning condominiums into a safe-haven bright spot underpinned by steady rental cash flows. Concurrently, the industry landscape witnessed deep polarization, as the race for profitability was dominated exclusively by top-tier enterprises with sound financial fundamentals and large, legally unencumbered land banks.
