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What's happening in Southeast Asian real estate — projects, infrastructure, policy, capital. Independent, updated daily.

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July 2026

Today

Analysis
What $150,000 buys across Southeast Asia's secondary property markets right now

A $150k budget clears most of Pattaya and Phuket outright, splits Hanoi and Da Nang, and barely touches Ho Chi Minh City.

Yesterday

Register updates🇵🇭 Metro Manila
Metro Manila's secondary CBDs are where the register sees the cycle turning

Ortigas, Mandaluyong, and Quezon City resale condos already yield more than new launches, with unsold inventory finally clearing off a multi-year backlog.

Jul 11

Register updates
Mandalika is being pitched as Bali 20 years ago. The infrastructure backs it up

An AIIB-backed special economic zone, a MotoGP calendar slot, and a new wide-body airport put Lombok's Mandalika area on Watch.

Register updates
Phnom Penh's fastest-rising districts sit along the new Techo corridor

Chroy Changvar and Sen Sok are repricing as the new international airport and Ring Road No. 3 cut commute times and open up peri-urban land.

Jul 10

Register updates
Six minutes to Singapore, priced like Johor: the Bukit Chagar arbitrage

A six-minute RTS ride separates Bukit Chagar condos priced around RM400 per square foot from Singapore stock at roughly SGD1,800.

Register updates
Forest City is still the deepest discount in the region, and still a Pass

Country Garden's Forest City is repositioning as a special financial zone with visa-free entry, but the register keeps it at Pass until occupancy shows up.

Jul 9

Register updates🇹🇭 Bangkok
New Bangkok MRT extensions add a resale-condo pick to the register

Fresh station catchments along the Orange, Pink, and Yellow lines are where resale still trades below what new launches ask.

Register updates🇻🇳 Da Nang
Ngu Hanh Son's resale condos are up 40% and still short on expat-ready units

My An and Hoa Hai keep drawing FDI staff as Da Nang's old core runs out of land, but there still aren't enough all-in-one apartments to house them.

Jul 8

Register updates🇻🇳 Da Nang
Lien Chieu joins the register as Da Nang's last 'emerging' district

A deep-water port, new industrial parks, and Da Nang's planned free trade zone put Lien Chieu on Watch as new licensed apartment stock starts to appear.

Register updates
Medini corridor moves up to Priority in this week's register

Iskandar Puteri's Medini district was upgraded from Watch to Priority after Johor's special economic zone tax terms took effect.

Jul 5

Market data
Bali is maturing, and the money is starting to rotate to Lombok

Canggu-adjacent overflow belts and Lombok's funded infrastructure are absorbing demand that Bali's core can no longer offer at the old entry price.

Market data
Thailand isn't a discount market anymore. That's the point.

Bangkok and Phuket are mature, liquid, and legally clear, which is a different case for buying than a cyclical bottom.

Jul 4

Developers
Vinhomes breaks ground on an $18 billion city next to Ha Long Bay

Vinhomes Global Gate Ha Long is a 6,200-hectare urban development beside the UNESCO World Heritage bay, and it sold 1,000 units in its first week.

· via theinvestor.vn

Jul 3

Market data
Phnom Penh's residential price index has now fallen for nine straight months

Prime districts like BKK1 and Tonle Bassac are trading at a decade-low sales rate, which is exactly the kind of leverage a patient buyer waits for.

Market data
Manila's condo glut and its house-and-lot boom are the same market

Metro Manila condos sit in a buyer's market with unsold inventory still clearing, while house-and-lot demand in the growth corridors keeps rising.

Jul 2

Capital flows
Gia Lai lands $420M in tourism investment across two projects

A Swiss-Vietnamese consortium's floating resorts and Lee Soo-man's entertainment complex bring $420M into a province still adjusting to its new coastline.

· via theinvestor.vn

June 2026

Jun 30

Policy & money
Vietnam and China switch on cross-border QR payments

Chinese travelers can now pay in Vietnam by scanning VietQR through their own apps. It's one-way for now, with the reverse direction due in early 2026.

· via english.www.gov.cn

Jun 27

Market data
Phu Quoc's tourist numbers keep climbing, and Skyscanner noticed

7.1 million visitors in the first ten months of 2025, up 34.2%, plus a No. 2 spot on Skyscanner's 2026 trending destinations list.

· via e.vnexpress.net

Jun 25

Infrastructure🇻🇳 Ho Chi Minh
HCMC breaks ground on a 350 km/h metro line to Can Gio

Vinspeed's 54 km coastal line puts Can Gio 20 minutes from central HCMC, with a 2,870 ha Vingroup project sitting at the end of it.

· via e.vnexpress.net

Jun 23

Project watch🇻🇳 Ho Chi Minh
Le Phong Group breaks ground on Emerald Garden View in Ho Chi Minh City

Le Phong's twin-tower project in Thuan An opened presales in December at a $54,000 entry point, with completion targeted for 2027.

· via vnexpress.net