Currently, buying and selling property in Vietnam requires buyers to be physically present to sign papers, notarize, and wait. For foreign investors, this is a real barrier to owning real estate in Vietnam. However, starting from 2027, that picture will change completely, and Ho Chi Minh City is leading this transformation: online real estate trading.
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This is not a distant plan. Ho Chi Minh City is implementing one of the largest land digitalization programs in history with a specific roadmap and clear deadlines.
Once completed, the system will connect directly with national databases on population, investment, and construction to create a unified property information ecosystem for the first time in Vietnam. It provides the foundation for the property identification code (effective from March 1, 2026) to deliver its full value in digital property transactions.
From 2027, the entire property buying and selling process in HCMC can take place on a single platform without visiting any government office.
According to Mr. Vuong Duy Dung, Deputy Director of the Housing and Real Estate Market Management Bureau (under the Ministry of Construction), Viettel will build the Online Real Estate Transaction Center. This center will integrate blockchain, AI, and big data, and it will run on a trial basis during 2026 – 2027. The goal is to reduce speculation, artificial price inflation, and tax evasion. This will create an official and transparent channel just like the stock market.
The answer is yes. For foreign investors, this change is not just a convenience but a structural shift. For the first time, they can buy real estate in Vietnam without being physically present.
Currently – An invisible barrier: Foreign investors who want to buy property in HCMC usually have to fly to Vietnam at least 1-2 times. They need to sign notary papers, pay taxes, and register ownership. Alternatively, they must authorize a representative through complex and expensive procedures.
After 2027 — Transactions from abroad: The entire process will happen on a digital platform. This includes electronic contract signing, online notarization, tax payment, and remote ownership registration. Because legal information and property prices update in real-time, foreign investors can access the market with the same transparency as local buyers.
Dr. Tran Xuan Luong, Deputy Director of the Vietnam Real Estate Market Assessment Research Institute, called this a “revolution” for the land sector. Combining the national population database with land, housing, and investment data is something Vietnam has never done before. It creates a solid foundation to run property transactions like the stock market.
Land procedure digitalization goes beyond technology – it is a structural change that brings the HCMC property market closer to international standards.
A more transparent market brings more confident international capital flows. As the market becomes more accessible to global investors, properties with clean legal status in prime locations will be the first and most competed for choice.
Looking for a trustworthy real estate agent? La Quinta is your one-stop partner. We offer turnkey support for buying/selling, renting, interior design & furnishing, and full property management. Contact us today!
Mr. DONNIE KIM (Korean & English)
Associate Director
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Ms. TRẦN HOÀNG OANH (Vietnamese & English)
Director of Residential and Investment Team
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