(Dan Tri) - A one-bedroom apartment with a purchase price of 45-50 million VND/m2 in Binh Duong can be rented for 12 million VND/month. However, in Hanoi and Ho Chi Minh City, this type of apartment can only be rented for 7-12 million VND/month.
New data released on the Binh Duong apartment market by Batdongsan.com.vn reveals the average apartment rental yield in some major cities. Specifically, the apartment rental yield in Hanoi is 3.7%, in Ho Chi Minh City is 3.6% and Binh Duong is 4.7%. The average apartment rental yield nationwide in 2024 is 3.6%.
Notably, some projects in Binh Duong recorded apartment rental yields of 6-7.5%/year. This research unit said that this can be considered a record in Vietnam, nearly double the rental yield of apartments in Hanoi and Ho Chi Minh City.
Rental yields in this area are high due to the moderate prices of luxury apartments, high rents and stable occupancy rates of 80-90%. In addition, the prices of luxury apartments here are currently 30-200% lower than in Hanoi, Ho Chi Minh City and other major cities.
On average, each luxury apartment in Binh Duong costs about 45-50 million VND/m2 to buy, and can be rented out at 12 million VND/month for a one-bedroom apartment.
For a 2-bedroom apartment, the average rental price is 15-16 million VND/month and 18-20 million VND/month for a 3-bedroom apartment. However, apartments in Hanoi or Ho Chi Minh City with prices ranging from 80-90 million VND/m2 can be rented at this price.
Apartments priced at 45-50 million VND/m2 in Hanoi and Ho Chi Minh City can only be rented for about 7-12 million VND/month per apartment depending on the number of bedrooms.
Binh Duong currently ranks first in the country in attracting FDI and second in immigration rate. Binh Duong province also implements many policies to support businesses in attracting and retaining workers. With the highest per capita income in the country, this industrial province has become an attractive destination for immigrants. By the third quarter of 2024, the number of searches for Binh Duong apartments increased by 58% compared to the first quarter of 2021.
As of the fourth quarter of 2024, the proportion of high-end and luxury apartments in Hanoi and Ho Chi Minh City is 74% and 41%, respectively. Meanwhile, the supply of apartments in this segment in Binh Duong is extremely scarce. The number of apartments above 40 million VND/m2 accounts for only 7.16% in Thu Dau Mot City and 2.36% in Thuan An City.
Assessing the apartment segment in 2025, Mr. Vu Cuong Quyet - General Director of Dat Xanh Mien Bac - commented that the Hanoi market will not have any sudden changes due to the strong increase in 2024. Meanwhile, the apartment market in provinces with developed industry such as Hai Phong, Bac Giang, Bac Ninh, Thai Nguyen, Binh Duong, Long An , Can Tho will tend to increase in price and have good liquidity.
Mr. Quyet said that rental yields in industrial provinces are currently double that of Hanoi. In these provinces, apartment rental yields are at 6.5-8%, even up to 10% in some places, while in Ho Chi Minh City and Hanoi they are only 2.5-3%.
Currently, apartment prices in Thai Nguyen are around 25-30 million VND/m2, in Bac Ninh at 35-40 million VND/m2, and in Hanoi they have reached 80-120 million VND/m2. Therefore, this expert predicts that there will be a trend of investment shifting to industrial provinces.
Source: https://dantri.com.vn/bat-dong-san/cho-thue-chung-cu-tai-dia-phuong-nay-tham-chi-lai-gap-doi-ha-noi-va-tphcm-20250121110542977.htm
![[Photo] Nghe An: Provincial Road 543D seriously eroded due to floods](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/8/5/5759d3837c26428799f6d929fa274493)
![[Photo] Discover the "wonder" under the sea of Gia Lai](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/8/6/befd4a58bb1245419e86ebe353525f97)
Comment (0)