Thủ Thiêm Land Auction 2026 | Will Apartment Prices Be Affected?

<h1 style="color: #c9a84c; font-size: 28px; line-height: 1.4; font-weight: bold; margin-bottom: 25px; text-align: left; text-transform: uppercase;">Thu Thiem Land Auction 2026: How Will 8 Parcels (13.8 Hectares) Impact Current Residents and Investors?</h1>

<p style="margin-bottom: 20px; text-align: justify;">In late June 2026, a decision was announced that made the entire Eastern real estate market take notice. Ho Chi Minh City officially finalized the roadmap for the Thu Thiem land auction in 2026, featuring 8 parcels right in the core of the peninsula. People currently holding apartments here are asking me the same question:</p>

<p style="margin: 0; font-size: 18px; font-style: italic; color: #ffffff; font-weight: bold;">"With so much land being sold, will our property values go up or down?"</p>

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<p style="margin-bottom: 25px; text-align: justify;">The answer isn't as straightforward as many might hope, but there is a clear logic to it. In this article, I will unpack it layer by layer.</p>

<p style="font-size: 13px; color: #888888; margin-top: 10px; font-style: italic;">Perspective of Thu Thiem New Urban Area and the locations of the parcels awaiting auction.</p>

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<h2 style="color: #c9a84c; font-size: 22px; font-weight: bold; border-bottom: 1px solid rgba(201, 168, 76, 0.3); padding-bottom: 8px; margin-top: 40px; margin-bottom: 20px;">Event Summary</h2>

<p style="margin-bottom: 15px; text-align: justify;">The Ho Chi Minh City People's Committee has just issued a plan to organize the auction of <strong style="color: #ffffff;">8 land parcels in the Thu Thiem New Urban Area</strong>, An Khanh Ward, with a total area of 138,671 m², aiming to conduct the auction before October 10, 2026. This is part of Plan 88/KH-UBND regarding the auction of land use rights in 2026.</p>

<li style="margin-bottom: 10px;"><strong style="color: #ffffff;">The largest parcel is 1.K7.2.DV</strong> (formerly parcel 7-1), covering nearly 74,400 m², designated for urban-level service land.</li>

<li style="margin-bottom: 10px;"><strong style="color: #ffffff;">The second largest parcel is 1.K1.5.DV</strong> (formerly parcel 1-12), nearly 32,000 m², also designated for urban-level service land.</li>

<li style="margin-bottom: 10px;">The remainder consists of <strong style="color: #ffffff;">3 mixed-use residential and service parcels</strong> (1.K3.3.HH, 1.K3.4.HH, 1.K3.5.HH, approximately 2.14 ha), one residential parcel (1.K3.1.OD, over 8,500 m²), and a small commercial-service parcel of 700 m².</li>

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<p style="margin-bottom: 30px; text-align: justify;">The city clearly stated its objectives: to restart the real estate market, accelerate the exploitation of the land fund, and increase budget revenue.</p>

<p style="margin: 0 0 15px 0; font-size: 18px; color: #ffffff; font-weight: bold;">📞 Need consultation on the impact of this auction on your apartment in Thu Thiem?</p>

<p style="margin: 0 0 10px 0; color: #d0d0d0;">Contact an expert at Achieve Realty VN today:</p>

<p style="margin: 10px 0 0 0;"><a href="mailto:sales@achievereal.com" style="color: #c9a84c; text-decoration: none;">📧 sales@achievereal.com</a></p>

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<h2 style="color: #c9a84c; font-size: 22px; font-weight: bold; border-bottom: 1px solid rgba(201, 168, 76, 0.3); padding-bottom: 8px; margin-top: 40px; margin-bottom: 20px;">Detailed Analysis — This is No "Ordinary" Auction</h2>

<p style="margin-bottom: 15px; text-align: justify;">The point that catches my attention the most: in this basket of 8 parcels are <strong style="color: #ffffff;">parcels that were successfully auctioned in 2021 but the enterprises later forfeited their deposits</strong>. Anyone following the market remembers that record-breaking auction and subsequent deposit forfeiture — an event that temporarily skewed the area's price levels.</p>

<p style="margin-bottom: 15px; text-align: justify;">This time, the rules of the game have changed. Under the 2024 Land Law, the land price framework is abolished, and a price table closely reflecting the market is applied. Therefore, <strong style="color: #ffffff;">the starting prices for the Thu Thiem parcels will no longer be artificially low</strong>. A high starting price narrows the margin for price inflation during the session — making it difficult to repeat the tactic of artificially inflating prices and then abandoning the deposit.</p>

<p style="margin-bottom: 15px; text-align: justify;">I must emphasize an important point: <strong style="color: #ffffff;">the starting prices for these 8 parcels have not yet been approved</strong>. The city is currently in the dossier preparation phase. Therefore, do not believe any figures claiming "Thu Thiem is about to be sold for X billion/m²" spreading online right now — there is no basis for them.</p>

<p style="margin-bottom: 25px; text-align: justify;">An accompanying fact is also worth noting: HCMC is concurrently auctioning <strong style="color: #ffffff;">3,790 resettlement apartments</strong> in the R1-R5 blocks of An Khanh Ward for commercial housing purposes. This is real apartment supply, not land — and it's located right in the area.</p>

<p style="margin-bottom: 20px; text-align: justify;">I clearly separate these three groups because the impacts are not identical.</p>

<p style="margin-bottom: 10px; text-align: justify;"><strong style="color: #c9a84c; font-size: 18px; display: block; margin-bottom: 5px;">1. For those holding luxury apartments</strong> <em style="color: #888888; font-size: 14px; display: block; margin-bottom: 5px;">(Empire City, Metropole, The River, Zeit River…)</em> In the short term, there is <strong style="color: #ffffff;">almost no negative impact</strong>. The auctioned parcels are largely urban-level service land and mixed-use land — meaning they will become offices, commerce, and services in the future. As the service infrastructure around the area densifies, existing apartments will benefit, rather than face direct competition.</p>

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<p style="margin-bottom: 10px; text-align: justify;"><strong style="color: #c9a84c; font-size: 18px; display: block; margin-bottom: 5px;">2. For new buyers</strong> This is a signal that the market is being "reactivated" after many years of vacant land parcels. But don't confuse a "successful auction" with "having a home immediately." The lesson of the 2021 deposit forfeitures shows that the period from winning an auction to a project actually emerging is a long stretch — sometimes it never arrives.</p>

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<p style="margin-bottom: 10px; text-align: justify;"><strong style="color: #c9a84c; font-size: 18px; display: block; margin-bottom: 5px;">3. For renters</strong> The impact is nearly zero for the next 2-3 years. The rental supply in Thu Thiem still consists of the already-handed-over buildings. Even if construction on newly auctioned land finishes, it will still be several years away.</p>

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<p style="margin: 0; text-align: justify;"><strong style="color: #ffffff;">A real point of caution:</strong> If these parcels commence construction simultaneously, current residents will be living alongside a construction zone — facing dust, noise, and trucks. This is a short-term cost that is rarely mentioned during consultations.</p>

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<p style="margin-bottom: 15px; text-align: justify;">I do not view this 2026 Thu Thiem land auction as a "price explosion" as some places are headlining. <strong style="color: #ffffff;">I view it as a test of confidence.</strong></p>

<p style="margin-bottom: 15px; text-align: justify;">If the auction is successful, with real developers paying real money, it creates a new price "anchor" for the entire area — and more importantly, it proves that Thu Thiem is moving forward, not standing still. What the residents here need is not fluctuating land prices, but an urban area that is filled out according to its master plan.</p>

<p style="margin-bottom: 15px; text-align: justify;">However, I also maintain caution. Real estate prices in Thu Thiem are currently in a high range — roughly <strong style="color: #ffffff;">200-300 million VND/m²</strong>, with some lines even higher in the secondary market. At this price point, future growth will stem from actual infrastructure and services, not from land speculation.</p>

<p style="margin-bottom: 15px; text-align: justify; font-size: 18px;"><strong style="color: #c9a84c;">My straightforward advice:</strong> do not rush to buy or sell just because of an auction news report. Wait for the starting prices to be announced — those are the numbers that speak volumes. And if you are currently holding an apartment here, this news leans more towards the positive than the negative.</p>

<p style="margin-bottom: 40px; text-align: justify;">At <strong style="color: #ffffff;">Achieve Realty VN</strong>, trust is built by accurately describing what currently exists, not by painting pictures of what hasn't yet arrived.</p>

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Thủ Thiêm Land Auction 2026 | Will Apartment Prices Be Affected?

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