According to the recently-published report, which examines the gap between housing costs and income levels in major Asian cities, the two Vietnamese cities have even surpassed Singapore in the gap between housing prices and average income.

According to Savills Vietnam, a more favourable real estate investment environment is expected in 2025 as cyclical challenges subside and the market continues its recovery.

Vietnam’s top real estate executives are earning salaries in the billions, yet some have faced financial woes, forcing them to lend money to their firms.