HCM CITY — The 11th PropertyGuru Vietnam Property Awards are now open for entries across an expanded list of categories, reflecting the country's robust real estate fundamentals and optimistic consumer sentiment, the organiser announced on April 2.

Entries will be accepted until August 22, and a gala dinner and awards ceremony will take place on October 24 in HCM City.

This year’s awards feature several new categories in response to the fast-evolving market dynamics, including Best Township Developer, Best Oceanview Condo Development, Best Oceanview Housing Development, Best Multigeneration Living Condo Development, Best Multigeneration Living Housing Development, Best Renovated Residential Development, Best Renovated Commercial Development, and Best Commercial Masterplan Design.

The introduction of these new categories follows the success of the 10th edition of the awards in 2024, which celebrated the Developers of the Decade and recognised standout achievers in the industry.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “Last year in Việt Nam, we honoured exemplary developers who made an outstanding impact over the last decade. The milestone 10th edition set a high benchmark, and we look forward to discovering the developers who will define excellence this year and throughout the coming years.”

He added: “Standing out in Việt Nam’s competitive property sector demands strategic innovation and bold decision-making. We trust that this year’s entries will reflect those qualities while demonstrating the nation's economic strength, real estate growth, and lifestyle development.”

Thiện Dương, general director of GroupGSAVietnam and chairperson of the judging panel, said: “We are proud to launch the 11th edition of the PropertyGuru Vietnam Property Awards, now enhanced with categories that establish higher benchmarks for quality in the real estate sector. From the southern provinces of Việt Nam to the north, demand for award-winning developments that innovate and adapt to demographic shifts and trends remains consistent.

“Our awards reflect these changing market dynamics, recognising excellence in diverse segments from multigenerational and affordable living solutions to thoughtfully designed new builds and expertly executed renovations. We encourage developers and designers to take pride in their achievements, share their successes, and advance Việt Nam's property market in 2025 and beyond,” he added.

Organised by PropertyGuru Group, Southeast Asia’s leading property technology company, the awards are part of the broader PropertyGuru Asia Property Awards series.

Winners of the Vietnam awards may qualify to compete for the Best in Asia titles at the 20th PropertyGuru Asia Property Awards Grand Final in December 2025. 

Việt Nam’s real estate sector continues to be a preferred investment option, offering stronger yields than stocks, forex, gold, and savings, said Bạch Dương, country manager of Batdongsan.com.vn, the official portal partner of the awards.

Interest in real estate surged in mid-2024 as property prices maintained stable growth.

According to Batdongsan.com.vn's latest Consumer Sentiment Survey, approximately 56 per cent of property seekers in Việt Nam expect prices to rise while 29 per cent predict stability.

Dương noted that first-time home buyers remain a key driver of demand, accounting for 62 per cent of market activity last year. Apartments emerged as the most popular real estate segment in the first half of 2024. 

Average selling prices in Hà Nội continued to increase across all segments, surpassing those in HCM City. The recent opening of metro lines in both cities has contributed to raising property values in nearby areas, he added. — VNS