Condos for sale in Ho Chi Minh City, Vietnam

The real estate industry is growing at a steady rate and there is a wide range of housing choices from service apartments to Condos and luxury villas are available to investors. The high rental yields and luxurious amenities attract expats to invest in a condo property in this city.

Luxury condos: They come with a fully-equipped gym, kids' play area and 24 hours security. Many international schools and supermarkets set up near Luxury condos as they target expats. These condos start at $350,000 and may go as high as one million dollars depending on the number of bedrooms and facilities.

Condo properties are available widely across the city. They are most prominent in Districts 2, 7 and 9.

1. District 1: This neighborhood is at the heart of the city and the independence palace and the Notre Dame Cathedral are the major attractions here. Even with Real estate property prices increasing this district remains as the first choice of residence for both the expats and locals. Upmarket condos and apartments, exclusive cafes, and soaring skyscrapers all help to make this the most preferred destination in the city.
2. District 2: Rental yields are high which makes it a great location to invest in condos. You will find many local and international schools that offer world-class education within this district.
3. Binh Thanh: Located on the eastern side of the city and If you wish to live and experience authentic Vietnamese life, Binh Thanh is the right choice. With a great selection of Studio apartments and sophisticated condos, it has everything an expat could look for while working with a tight budget.
4. Hu Nhuan: Is quite popular with expats as you can find moderately priced apartments and condos, public parks, selection of cafes and restaurants in this neighborhood. Beautiful pagodas and temples all contribute to make this a special suburb as it offers trendy living amidst the traditional architecture.
5. District 3: It is less expensive when compared to districts 1 and 2. The nightlife is great here with cool bars and multi-cuisine restaurants. A high percentage of the younger expats prefer this district.
6. District 10: You will find a large population of students in this district. It has many parks and sports centers. Most of the expats live in small studios or shared condos. This area is less touristy, and many budget-conscious expats prefer District 10 for the same reason.
7. District 7: It’s a modern and new suburb and has many Japanese and Korean schools. This is one of the biggest draws for many of the Korean and Japanese expats to move to this district as they prefer to live in Singapore-style condominiums that are available close to schools.

Ho Chi Minh is the economic capital of Vietnam. locals are warm and friendly, and they mix well with the expats. The cost of living is moderate, yet higher than that of the rest of Vietnam. Despite the traffic, getting around in the city is not tedious due to good transport links and infrastructure. Taxis charge around VND 6000 per km which is quite reasonable for a tourist city. You can rent a bicycle or a motorbike that costs between VND 20000 and VND 120000 respectively for one day. The biggest and the busiest airport in Vietnam, Tân Sơn Nhất International Airport is close to the city.

The City has many multispecialty hospitals which offer quality services similar to what you can get in western countries and at very affordable prices. Most of the Doctors and hospital staff speak good English.

The property market in Ho Chi Minh City has grown tremendously and there is no sign of the economy slowing down in the next few years.

1. The Vietnam Government has made many positive changes to the laws that govern foreign ownership of properties. This will help many expats to buy a condo, apartment or a villa by simply getting a tourist visa. Furthermore, expat-friendly policies and simple property registration procedures act as a positive incentive for investors to invest in property in Ho Chi Minh City.
2. The construction of the metro rail network is nearing completion, and many expect traffic congestion to reduce greatly once the construction is completed.
3. The steady inflow of foreign investments has helped to establish new industries and enterprises. This has led to the creation of more job opportunities. Teaching is a big industry and many expats become English Language teachers as the government wants its citizens to be proficient in English to help create more opportunities for the city and country.
4. Tourist attractions including centuries-old museums, pagodas, canals and leisure boat rides, a great nightlife, fabulous restaurants all help to make this city a great place to live.