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N AssetThe Global-Property.Investments website boasts over 621 listings with current apartment prices in Ho Chi Minh City, Vietnam. Potential buyers can find suitable options for apartments and condos for sale in the catalogue, sourced from reputable real estate agencies and directly from developers. Contact a specialist via phone or private message to have them assist you in finding the perfect housing option.
- Average selling price: USD 146,300
- Average price per square metre: USD 2,700
- Minimum cost of an apartment in Ho Chi Minh City: USD 106135
- Cost of the most expensive residence: USD 9,800,000
Over the past year, the average price has increased by 2.7%
| Bedrooms | Minimum Price (in USD) | Average Price (in USD) |
|---|---|---|
| Studio | 51,500 | 155,000 |
| 1 bedroom | 57,500 | 165,500 |
| 2 bedrooms | 25,000 | 179,000 |
| 3 bedrooms | 36,500 | 365,000 |
| 4 bedrooms | 244,000 | 1,329,000 |
- Minimum area: 3 m2
- Average size: 30 to 250 m2
- Maximum area: 825 m2
In Vietnam, there’s no active program specifically allowing for obtaining a residence permit through real estate investments. However, foreign citizens have the opportunity to become residents by establishing a business, investing in the country's economy, employment, studying at university or marrying a citizen of the republic.
Apartments for sale in Ho Chi Minh
In the metropolis, studios and apartments with one to five bedrooms are available for purchase. The vast majority of these residences come with interior finishing, furniture, air conditioning and other household appliances. A common layout option includes kitchen-living rooms and bedrooms with bathrooms, along with balconies and walk-in closets.
Enthusiasts of more spacious real estate can opt for penthouses, some of which span two floors and private terraces. These residences are typically situated on the top floors of complexes, offering magnificent views of the city from the windows.
Apartments in Vietnam are primarily offered on the secondary market, though there are exceptions. Currently, condominiums and apartments in new buildings are available for sale in the metropolis. Additionally, there’s a wide selection of projects under construction.
In modern complexes, residents can enjoy numerous amenities such as gyms, swimming pools, playgrounds, barbecue areas and parking lots. Buildings are guarded, equipped with surveillance systems and some residential complexes even offer concierge services.
The cost of apartments and flats in Ho Chi Minh depends on the prestige of the area and the availability of infrastructure. The most expensive real estate can be found in Districts 1 and 7, Thu Thiem, Thao Dien, Thuduc and other locations. Housing prices here are above average for the country due to the influx of both local and foreign businessmen, workers and students into the metropolis.
Foreign citizens can only buy a flat in Ho Chi Minh City on a long-term leasehold basis, with the option to extend the contract. Property owners retain the right to sell, rent out and pass on the property through inheritance. However, to conclude a deal, it’s sufficient to have a visa of any category.
There are no restrictions on the purchase of a certain number of properties in the country. However, within one residential complex, foreign investors are permitted to own no more than 30% of condos and apartments.
Reasons for investing in an apartment in Ho Chi Minh
Vietnam demonstrates high economic growth rates; for example, last year the country's nominal GDP increased by 5% and the volume of foreign direct investment (FDI) grew by 32.1%, reaching USD 36.6 billion. Ho Chi Minh City, as the largest metropolis, houses the offices of major organisations, making it highly sought after among both residents and expatriates as a permanent place to settle. Additionally, a favorable environment has emerged for tourists who rent accommodation to visit museums, temples, markets and natural attractions.
The preferred strategy individuals choose when purchasing apartments in Ho Chi Minh for investment is to rent them out. Profitability typically ranges from 2.6 to 6.3% annually and may increase in sought-after areas. Modern residential complexes bring in more profit as they attract affluent tenants with their comfortable amenities.
The monthly rental price of an apartment in Ho Chi Minh, Vietnam starts at:
- USD 360 for a studio
- USD 345 for apartments with one bedroom
- USD 280 for housing with two bedrooms
- USD 480 for a three-bedroom apartment
- USD 1,400 for a residence with four bedrooms
- USD 1,700 for apartments with five bedrooms.
If your plans for renting out residences change, property in Vietnam can be profitably resold. Apartment prices in the city increased by 10.32% per square metre compared to the same period last year.
Buying apartments and condos during the construction phase is also a profitable option because such properties are typically cheaper than finished ones. Modern projects are complemented by amenities that will set the complex apart from other buildings. When purchasing off-plan residences, more convenient terms for concluding a deal are often offered, with the potential for price growth in the future.
Buying an apartment in Ho Chi Minh
The Global-Property.Investments platform features listings directly from reputable developers and real estate agencies. Here, you can explore exclusive offers from sellers and purchase apartments, condominiums and villas in Vietnam at favourable prices. Utilise search filters to select options by location, proximity to the sea, area, number of bedrooms and amenities. Simply fill out the form on the website and a broker will contact you to assist in finding an apartment for sale in Ho Chi Minh that fits your budget and preferences.