There are not many luxury apartments for sale in central HCMC.

The Grand Marina Saigon project is one of the few still selling apartments. Prices are around $15,000-17,000 per square meter.

The Lancaster Legacy project also has apartments for sale. Two-bedroom apartments cost over VND20 billion, and three-bedroom apartments cost over VND30 billion.

The Grand Manhattan luxury apartment project is back on the market after a three-year pause. The price is expected to be VND350 million per square meter.

The One Central Saigon project is a high-end apartment building with a hotel and 350 apartments. The price has not been announced, but it might start at VND1 billion per square meter.

One Central Saigon and other projects are examples of how old projects are being restarted, not new ones being built, in central HCMC.

Most new apartments are being built outside the city center, which keeps prices high in the center.

According to JLL Vietnam, apartment prices rose by nearly 10.5% in the second quarter of 2026. Most new apartments were built in the Eastern area, not the city center.

CBRE Vietnam said that new apartments are being built mostly in outer areas, reducing the number of apartments in the city center.

Wealthy buyers are being more careful when buying apartments.

Home buyers are more cautious and look for projects with clear legal status and good locations.

Avison Young Vietnam said that the apartment market is adjusting after a rapid price increase. Some buyers are waiting for better interest rates and prices.

Demand for apartments has not disappeared, but buyers are waiting for the right time.

Experts believe that the market is no longer driven by speculators, but by people who want to own apartments long-term.

Chloe Dang from Vietnam Sotheby's International Realty said that Vietnam's luxury residential market is entering a new phase.

Wealthy buyers care more about the quality and long-term value of apartments, not just owning them.

James Miles-Lambert from Vietnam Sotheby's International Realty believes that the luxury residential market is maturing.

Real estate advisors are helping clients choose properties that fit their long-term investment strategies.

Anh Phuong