Ho Chi Minh City requires real estate firms to update project and transaction data when changes occur

Ho Chi Minh City’s regulations on building and sharing housing and real estate market data will take effect on November 15, 2026. Project developers and real estate service firms must submit data online through the city’s system and promptly update project, transaction and business information when it changes.

Project developers must report the number and area of units sold, transaction values and inventory. They must also update project information when investment amounts, land area, construction progress, the number of units or legal status change. Real estate trading platforms and brokerages must update the number of licensed practitioners, as well as the number and value of new transactions. Consulting and property management firms must also provide business data as required.

Apartment, land plot and townhouse projects in Ho Chi Minh City in August 2026.（VietVance）

Companies’ legal representatives must assign staff to enter data, organize the collection and review of information, and ensure submissions are accurate, truthful and timely. Relevant entities must register system accounts and notify the authorities when the staff responsible for data change. Data used for quarterly market reports that does not require immediate updates when changes occur must be submitted to the construction department before the 10th day of the first month of the following quarter.

The city’s data system will also receive information from other government agencies, including the number and value of notarized transactions from the justice department, project information held by the finance department, and data on housing and housing support policies within the remit of the agriculture and environment department. Ho Chi Minh City’s construction department will receive, check, standardize and integrate the data, linking it as required to electronic identifiers for real estate products, project codes, land plots and building information so that data on the same project or property can be cross-checked.

A report by Ho Chi Minh City’s construction department shows that, as of June, the city had about 4.2 million land plots. Nearly 3.8 million had been digitized, and more than 2.3 million met the relevant data quality standards. Integrating data from multiple sources is expected to help authorities track housing supply and transactions. If used effectively, the data could also support the development of housing price indices and give residents a reference point for property transactions.

Source: VietVance