Investment in town house for sale in Ho Chi Minh is no stranger to real estate investors. In Vietnam, demand for renting houses of both Vietnamese and foreigners is increasing rapidly, especially in big cities such as Ho Chi Minh City. Buying houses for sale in Ho Chi Minh city is considered an investment plan to bring stable and sustainable income for individual investors.
The rental market is growing
In developed countries, the type of rental apartment investment always brings a stable annual income for investors. For example, Melbourne’s monthly rental rates range from $1,500 to $2,000 ($ 25.7 – 34.3 million Vietnam Dong).
Or in the north of Singapore, the three-bedroom apartment has an average rent of SGD2,600 (41.9 million Vietnam Dong) per month. Over the past three years, many other markets have also seen real estate rents tend to rise sharply.
In Vietnam market, the segment of apartments for rent is not out of this trend. According to CBRE, the segment of apartments for rent in big markets such as Ho Chi Minh city. Ho Chi Minh City is generating thousands of billions of dong in revenue each year.
In the past, this type of service was mostly provided by foreign companies, mainly serving foreign clients who are working and living in Vietnam. But so far, the market has moved as more and more individual owners are joining the house for sale in Ho Chi Minh city.
This new investment trend comes from many factors. One of the factors is that the Vietnamese market is attracting a large number of foreigners to live and work, leading to a rapidly growing demand for housing in the market. Rental apartments with long repayment period will bring a stable source of income for owners. Survey of high-end apartment rental market in the city center shows that the price of 3-bedroom apartment in Ben Van Don area ranges from $2,000 – 2,500 per month.
“Red address” for investors
In Ho Chi Minh city, the “red address” is attracting large number of large tenants, often with convenient traffic, high-class facilities, and high-ranking local residents such as Phu My Hung and Thao Dien, District 2), Ben Van Don, etc. Therefore, the investors of some luxury projects have introduced many types of town house Ho Chi Minh in order to meet the needs of residential and investment needs of customers. Projects that have attracted a large amount of transactions in recent years include Masteri Thao Dien, The GoldView, River Gate, Millennium, etc.
For example, the Millennium project is located at the center of the city with two sides of Ben Don street – Nguyen Huu Hao, adjacent to financial center “Saigon Wall Street” with high level of utility system – is attracting the attention of many individual investors.
The luxury apartments at Millennium have flexible space ranging from 1-3 bedrooms are designed in a liberal style with open space, full of natural light and fresh air.
Especially, in the 3 bedrooms, space is arranged very flexible according to the needs of the family. The bedroom can be transformed into a working room, a reading room or a music room, a movie theater. In addition, the 3-bedrooms apartments have balconies and large plot can be designed into hanging gardens, expand the green space in the home.
With the desire to bring a living space civilized and modern, the investor has selected the leading real estate management company Savills Vietnam as the management and operation. Especially, the investor is deploying the most flexible financial support solution on the market to stimulate the town house for sale in Ho Chi Minh market.
The situation in this segment will continue to keep heat in the future. As a result, capital inflows into this segment will continue to increase with the emergence of more and more individual investors. Projects with many advantages such as Millennium will continue to be the bright spot in the market attracting many strategic investors to participate in the transaction.
Thang Tran _Mogi.vn
