Where to Find Affordable Housing as HCM Apartment Prices Near 10 Billion VND Each
As apartment prices in Ho Chi Minh City (HCMC) soar, buyers are increasingly looking to nearby regions for more affordable options. Among them, Binh Duong Province and the National University Village area have emerged as prime alternatives, offering homes that are both cost-effective and well-connected to HCMC.
HCM Apartment Prices Hit Record Highs
The HCMC real estate market in 2025 is dominated by high-end and luxury apartments, pushing the average price to new heights. According to market research, as of Q3 2024, the average apartment price reached 80.2 million VND/m², marking a 5% increase from the previous quarter.
A report by the HCMC Department of Construction revealed that the average price of new apartments in 2024 was 9.39 billion VND per unit for 1,611 units across four commercial projects. This surge in pricing has effectively removed affordable housing options from the market, leaving many residents unable to find homes within their budget.
Moreover, future housing supply in HCMC remains limited. In 2024, only 12 housing projects were approved, including just one social housing development and two commercial housing projects.
Binh Duong’s Housing Market Also Climbs
Binh Duong, a neighboring province, has also experienced a significant increase in housing prices. According to DKRA Group, apartment prices in late 2024 ranged from 39 million VND/m² to 60 million VND/m², compared to a maximum price of 51 million VND/m² in 2023.
Despite these hikes, Binh Duong still offers relatively affordable options. For instance, apartments in Di An City are priced between 35 million VND and 45 million VND/m², which is lower than in Thu Dau Mot and Thuan An cities, where prices reach up to 60 million VND/m².
The National University Village: A New Affordable Haven
With skyrocketing prices in HCMC, experts recommend buyers explore areas beyond the city center. One standout location is the National University Village in the eastern gateway of HCMC. This area offers affordable housing options, excellent connectivity, and a comfortable living environment.
Affordable Housing at Bcons City
In contrast to apartments in Thu Duc City priced near 10 billion VND, the National University Village still has options starting from 2 billion VND per unit. One example is the Green Emerald Tower within the Bcons City urban area, where 2-bedroom apartments are priced at around 40 million VND/m².
Currently, Green Emerald Tower is nearing the completion of its structural framework, with handover expected soon. This makes Bcons City an attractive option for young buyers looking for affordable, ready-to-move-in homes.
Convenient Connectivity
The area’s excellent transportation links are another key advantage. From Bcons City, residents can reach Metro Line 1 stations like Suoi Tien or National University within five minutes. This means commuting to HCMC’s central districts takes just 17-20 minutes by Metro, significantly reducing travel time.
Additionally, the upcoming Thống Nhất Road will seamlessly connect Bcons City to Hanoi Highway, enhancing accessibility to the Eastern Bus Station and other major hubs.
Comprehensive Amenities for Modern Living
Bcons City offers an unparalleled living experience with 133 on-site amenities, complemented by the National University’s 643 hectares of green space.
Residents can enjoy convenient access to a 12,000 m² commercial center, shophouses, pedestrian streets, night markets, and inter-level schools such as B.School. This all-in-one lifestyle makes Bcons City a prime choice for both living and investing.
The Future of Affordable Housing
As housing prices in HCMC continue to rise, areas like the National University Village and Binh Duong Province are becoming ideal alternatives. Offering affordability, convenience, and growth potential, these locations are the solution for residents seeking homes within reach.
