The Real Estate Leaders in Southern Vietnam: Nam Long, Masterise Homes, Gamuda Land, and Capitaland Set Their Sights on Growth in 2025
As we begin 2025, the real estate market in Southern Vietnam is showing promising signs of growth. Key players such as Nam Long, Masterise Homes, Gamuda Land, and Capitaland are leading the charge with their strong presence and strategic initiatives. These companies, known for their financial strength and reputation, are driving the market forward and setting the stage for the next phase of growth.
Over the past year, the real estate sector in Southern Vietnam has faced numerous challenges. However, the resilience and determination of these major players have been the driving force behind the market’s continued development. Despite a tough landscape, these companies have remained active, unveiling numerous projects and continuing to make a significant impact.
In Ho Chi Minh City, companies like Nam Long, Vinhomes, Masterise Homes, Gamuda Land, and Capitaland have been instrumental in maintaining stability in the market. They are regarded as “market warriors” who are not only keeping the industry alive but also positioning themselves to lead the next growth phase of the real estate market.
One notable example is Nam Long, a company that has continuously launched new projects in the past 2-3 years despite challenging market conditions. In 2024, Nam Long made a significant impact with multiple successful projects, including Akari City, Waterpoint, and Nam Long II Central Lake. By adapting their sales strategies to meet real demand, they achieved remarkable results. By November 2024, their sales revenue reached 4.6 trillion VND, and several of their projects, including Akari City and Mizuki Park, were sold out.
Nam Long’s commitment to delivery has been exemplary as well. In 2024, they successfully handed over over 3,000 land use rights certificates to residents across multiple projects, and the second phase of Akari City and Mizuki Park was completed on schedule.
Looking ahead to 2025, Nam Long continues to expand its portfolio, with new developments such as Waterpoint in Long An, Izumi City in Dong Nai, and Nam Long II Central Lake in Can Tho. The company is also preparing to launch new projects in Hai Phong and other regions.
In addition to Nam Long, companies like Masterise Homes and Gamuda Land have also experienced significant success in the premium real estate market. Despite some challenges in buyer sentiment for high-end properties, both companies have seen strong sales figures, with booking rates reaching 80-90% on various projects.
Capitaland, another key player, has made its mark in both Hanoi and Binh Duong, with impressive project liquidity even at high price points. Their success in the market is a testament to their strength and strategy during tough times.
As we enter a new phase in the real estate market, the continued success of these leading companies reflects their solid financial foundation and long-term vision. The industry is undergoing a period of “clean-up,” with only the most capable players able to survive and thrive. This shift provides an opportunity for buyers, as policies become more protective and transparent, ensuring a healthier and more sustainable market.
With ambitious plans and strong market confidence, these companies are laying the foundation for the real estate sector’s next growth cycle. Their successful navigation of challenges and their forward-looking strategies make them key players in the Southern Vietnam real estate market in 2025 and beyond.
Vietnam’s real estate market is undergoing a significant transformation. This “natural selection” phase ensures only capable developers remain, creating a healthier and more transparent environment for buyers.