Finding a house or an apartment to rent or to buy in Saigon is probably one of the most crucial factors in making your transition to Vietnam a success story.
Ho Chi Minh City has a plethora of options available to suit all budgets from low-cost studio apartments to international-standard luxury homes.
The decision will depend on several factors: what type of accommodation you prefer to live in and can afford, what part of town (district) you want to live in, and what amenities come with your future home.
It is a renter’s market in HCMC, plain and simple. Until 2008, there was a lack of mid-range rental accommodation. Up until then, landlords could pick and choose who they rented to. There are resident horror stories about being evicted to make way for others willing to pay an extra million Đồng along with tales of increased rental prices mid-contract.
Fast forward to today’s market where rents are about one-third to half of what they were in 2008. With the collapse of the real estate sector along with a glut of mid-ranged options (USD 800 to USD 1,500)
per month), it is no wonder that there is an abundance of options for incoming residents to the city.