Property prices and rental yields: alas, data unavailable in Vietnam
Residential Valuation Specialist | June 30, 2019
|Last Updated: June 30, 2019|
|HANOI - Apartments||PRICE/SQ.M. (US$)||YIELD (p.a.)||PRICE/SQ.FT. (US$)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|Hai Ba Trung||1,400||7.95||6.81%||130||0.74|
|Tay Ho sq. m.||1,520||6.23||4.92%||141||0.58|
|HO CHI MINH - Apartments|
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and MOGI Definitions: Data FAQ See also: Update Schedule
We find it extremely difficult to get buying data in Vietnam rich enough for a representative sample of buying prices. Due to restrictions on non-resident foreigners buying property in Vietnam, ´for-sale´ properties tend to be infrequently posted on English-language property sites (for consistency of data quality, our property data comes from English-language property portals, as switching between English and local-language property sites produces an uneven sample quality).
Gross rental yields figures for apartments in Hanoi and Ho Chi Minh are therefore unavailable, due to insufficient data.
Round trip transaction costs are low in Vietnam. See our Property transaction costs analysis for Vietnam and Property transaction costs in Vietnam, compared to the rest of Asia.