Moderate to good rental yields in Hanoi and Ho Chi Minh city, 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
Gross rental yields in Hanoi and Ho Chi Minh City - the return earned on the purchase price of a rental property, before taxation, vacancy costs, and other costs - are quite attractive. We see that yields of roughly between 4% and 7% are available in Hanoi, depending on district. In HMC yields are slightly lower, at between 2.6% to 6.3%, again depending on district.
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.