Prospects for the real estate market in Nghe An
The real estate market in Nghe An is entering a pivotal new phase of development, as many fundamental factors converge, from transportation infrastructure and urban planning to investment capital flows and the ever-increasing demand for actual housing.
Many positive developments
One of the key drivers of the Nghe An real estate market is the significant improvement and expansion of the transportation infrastructure system within the province and in urban and suburban areas. Strategic routes such as the coastal road, National Highway 7, National Highway 48, the North-South expressway section through Nghe An, and the Vinh-Cua Lo Boulevard, along with new planning information, have created a clear impetus for urban development.
The commercial housing market in Nghe An has shown clear signs of recovery since the end of 2024 and accelerated towards the end of 2025.
According to statistics from the Department of Construction, as of January 2026, Nghe An province has 206 housing and urban development projects with a total land area of approximately 2,968 hectares (of which about 53 projects have been basically completed; 153 projects are under construction). These projects will provide over 105,074 housing units (including approximately 46,817 low-rise houses, 35,377 commercial apartment units, and 22,800 social housing units) to meet the needs of the province's residents, totaling over 25 million square meters.2residential floor space. Of which, approximately 22.57 million m²2commercial and residential floor space and approximately 2.43 million m²2Social housing floor.
In practice, recent years have shown a clear shift in the commercial housing market in Nghe An province from the model of subdividing land for sale to the development of comprehensively planned and well-organized urban areas. Projects are increasingly focusing on overall planning, reasonable building density, green spaces, accompanying amenities and social infrastructure, and connectivity with the general infrastructure. This is considered a significant step, reflecting the maturity of the market as well as changes in investment demand.
According to Mr. Tran Duc Minh, Director of MT Group Real Estate Exchange, the housing market in the former Vinh City area recorded positive developments towards the end of 2025 and the Lunar New Year of the Horse. The number of customers inquiring about and transacting increased compared to the same period last year, with the majority being buyers for residential purposes or medium- to long-term investment. House and land prices in some central areas and new urban areas continued to show a slight upward trend due to supply being more limited than demand, but the increase was stable and not speculative.
Mr. Minh believes that the market is entering a new phase of development as buyers become increasingly cautious, prioritizing projects with transparent legal frameworks, complete infrastructure, and high practical potential. Projects that chase short-term trends, lack a solid legal foundation, or have incomplete infrastructure are gradually being filtered out by the market. This trend is clearly demonstrated by the significant customer interest in newly launched urban areas at the end of the year, which are comprehensively planned.
In particular, a series of new urban areas are playing a leading role in the market. A prime example is the Eco Central Park urban area in Truong Vinh ward, which is oriented towards developing an ecological urban model with low construction density, large green spaces, and a complete range of internal amenities. The project attracts the attention of customers seeking long-term residence, prioritizing a green living environment and sustainable quality of life.
Similarly, the Sensia Tri Duong urban area in Truong Vinh ward (formerly Vinh Tan) is also being developed as a modern urban area with synchronized technical and social infrastructure, targeting customers with genuine housing needs and financial means. Dang Van Trung, a real estate agent there, said: "The project has many green spaces, the developer offers interest rate support for 18 months, and prices range from 62 to 70 million VND/m²."2Including houses. The urban area has a convenient location connecting to the city center and major transportation routes, and the project has recorded a fairly positive number of inquiries and transactions in the early days of 2026.
In the Vinh Phu and Thanh Vinh wards, projects developed by Eurowindow Holding, such as Eurowindow Central Avenue Nghi Phu and Eurowindow Sport Garden Dong Vinh, continue to make their mark on the market. These projects are being heavily promoted as model urban areas, highly valued by investors for their integrated planning and modern design. Transactions in these projects are primarily focused on buyers looking for long-term, home-use properties, rather than speculative investments. The presence of brands like Ecopark, Eurowindow Holding, and many other reputable investors demonstrates confidence in the growth potential of the commercial housing market in Nghe An. Projects implemented by these companies are typically meticulously prepared in terms of legal aspects, planning, infrastructure, and operational management, thereby gradually raising the standard of housing in the locality.
Ms. Hong Ha, a real estate investor in Hanoi, shared: "We are interested in who is developing the project. My family always looks into investing in Ecopark or Vingroup because we have invested successfully before and have a common community to exchange information with."
In Vinh Loc ward, the Entiz The Fusion Hung Loc urban area is emerging as a new bright spot in the commercial housing market. A representative of the project stated: The project is planned according to an open urban model, emphasizing the connection between living spaces, services, and landscapes, meeting the needs of young families and workers employed in the city center as well as nearby industrial zones.
With attractive new planning and the completion of the Vinh - Cua Lo Boulevard, real estate in the Nghi Phong, Nghi Truong, and Nghi Thach (formerly) areas, now Vinh Loc ward, Dong Loc commune, and Cua Lo ward, is also attracting investment interest. Spacious areas, potential, and sea views are common development trends in any locality.
New expectations
2025 is considered a successful year for many real estate investors due to lower interest rates and the government's public investment stimulus policies. In 2026, the market remains attractive to investors as professional investors expand their portfolios, with people from one province investing in another and vice versa, provided they feel secure with the investor, confident in their business relationships and the prospect of profit by closing deals early in the project's development.
According to the Head of the Department of Construction, Nghe An is currently continuing to develop a stable and transparent real estate market, strictly handling fraudulent activities, speculation, land price manipulation, and exploitation of policies, especially in the procedures for buying and selling social housing. In addition, the province is supporting and accelerating the renovation of old apartment buildings, and publicly disclosing the list of projects eligible for preferential loans so that banks have a basis for applying for loans.
The province also assigned the Nghe An Land Development Fund to receive and take the lead in implementing the tasks and objectives of the Provincial Housing Fund, including researching and implementing targets for social housing for rent...
