An Overview of Real Estate Opportunities in Saigon

Ever since the macroeconomic environment of Vietnam has stabilized in the recent years, it opened doors for business and real estate investment, especially for a lot of foreign investors who are scrambling to get the best deals for property in Ho Chi Minh City.

Additionally, the growth of telecommunications, manufacturing, and clothing export has helped in the growth of the economic environment that was previously reliant on agriculture alone. Competitive costs in foreign investment has also attracted a lot of people looking for a new place to call home or to invest in real estate and business.

Forms of Investment

There are several forms of investment in Vietnam that you might want to consider such as the following: investment through contractual arrangement, new legal entity, business cooperation contracts, public private partnership, share or capital acquisition of any existing entity, investing through intermediary financial parties, securities investment funds, and the acquisition of shares/bonds/share certificates and others in stock exchange.

A foreign investor might also want to consider other forms of commercial presence in Saigon such as foreign business entity branch, limited-liability company, partnership, joint-stock company, and a representative office. What facilitates a competitive foreign investment environment in Ho Chi Minh City is the investment incentives in Vietnam that are based on the location of existing or new project launches, type of business industry, qualified investment projects, and engaging in businesses that support industries.

Real Estate Investment

One of the most lucrative investments in Vietnam today are the new property launches in Saigon. The latest estate projects can be owned by any foreign investor who has a three-month residence or tourist visa and can purchase a land through a renewable 50-year lease. It is also less strict for foreign groups or companies to own land or a house. However, there is a limit to how many residential units you can own, say, in district 1 or any other district in Ho Chi Minh City. Freehold ownership is also not permitted, and land can only be leased because it is collectively owned by the state, hence the 50-year lease with an option for an extension. However, you can technically own the property on that land, but not the land itself.

It is also not possible to own more than 30% of the residential units within a building or more than 250 houses, say, in district 4 of Ho Chi Minh City. This means that you can own more than a hundred apartments and houses, but not within the same ward or district. The same rules apply not just for Saigon, but also in other big cities in Vietnam such as Hanoi.

Property Taxes

Land tax between .03% to .15% is paid depending on the land size and value. If there are any profits made in the property, the owner has a capital gains tax of .15%.

Most investors in Ho Chi Minh City buy property for sale such as houses or apartment units to have them rented. Remember that rental income tax is at 20%, but if you wish to transfer a real estate property, there is a 5% value added tax on top of a registration fee of .05% based on the value of the property.

Most foreign investors have encountered no problems when it comes to owning and leasing land and other properties in Vietnam, especially in major cities like Ho Chi Minh City where several new project launches are common. However, it is advisable that you take your time to research about the real estate resellers and check out sites like before buying any property for sale. To minimize risks, whether from working with the wrong reseller or from purchasing a new housing and/or apartment, do the proper amount of due diligence and make sure it’s a good value before signing any contract.

Ho Chi Minh City

So, why is Ho Chi Minh City so popular to foreign investors? That is because most businesses and opportunities are found here. Real estate investment in particular is a booming industry, especially in popular districts such as district 2 and district 4 where expats and investors are commonly residing or managing a business. District 1 in particular is called the center of commercial and corporate development in the country.

The competitive rates, the fast expansion of industrial and commercial development, and the overall improvement of the infrastructure make Ho Chi Minh attractive to foreign investors. With its total of 19 urban districts and 5 suburban districts, it is no wonder the city is continuously expanding and improving.

Finding the Right Property for You in Saigon

Ho Chi Minh City, once called Saigon, is the largest city in Vietnam. If you choose to stay here, whether in the long-term or the short-term, you will not have any shortages of properties to choose from. However, it’s very easy for you to feel overwhelmed by the number of choices right at your fingertips. There are so many places that you could choose from when moving to Vietnam; you could find an apartment rental in D2, or you could choose to stay at D7. You could either choose to rent a house, opt for a villa rental, or go to the much cheaper route and choose a single bedroom. However, no matter which way you want to find a place in Saigon, it’s always helpful to understand the type of properties that are available to you.

Before anything else, however, you will need to consider what you are looking for in an apartment rental in Ho Chi Minh City. Putting this first before everything else can make sure that you are making the best of your time, effort, and money. There are many ways for you to understand what you need in an apartment, and this may include thinking about all the possible things that come with renting or owning property. These things can include both the interior of the house and its surroundings as well.

In thinking about what you’re looking for in a property, it’s important to factor in how you function in day-to-day life as well. Do you work from home, and if so will you need a dedicated office space? Do you do most of your thinking in a bathtub, and will you be able to live without one? These little details can make it easier for you to narrow down your choices for your Vietnam condo for lease at HCMC and ensure that your new place will make you feel at home.

A great way to go about this is to gather all the people that you are going to be moving in with. Especially if they are also going to pay a share of the rent or mortgage, you’re going to want to make sure that there is an agreement between all parties. If you’re the only one paying or looking for a property, then this will be a much easier process. Think about your day-to-day activities, from the time you go to sleep or how you spend your weekends. These little habits will dictate what you’ll need in your new property. Chances are, however, that you’ll could find a place that’s perfect for you in one of Ho Chi Minh’s many properties.

Apartments and Condos

There are many listings of apartment rental in Ho Chi Minh City, no matter which district you’re eyeing. If it’s apartments you’re looking for, you wouldn’t have much trouble when you rent apartment in Saigon. Among these listings, you will find many options for vacation rentals, which are a great substitute for more expensive hotel rooms. With this option, you can stay in a place that is almost like a hotel, but without the exorbitant fees.

There are many benefits to a Saigon apartment rental over other properties. Apartments are usually fully furnished, which means that you won’t have to rent or buy appliances. This can save you a lot of stress, and of course, money. Apartments also tend to be situated closer to the city center, which means that you can have easier access to important shops and businesses. Another benefit is the security that comes along with apartments. There are often CCTV cameras that are installed in apartments, as well security guards guarding entrances and car parks.

If it can fit your budget, you can even opt to rent a flat at vinhomes central park from Saigon that offers hotel-like services. These services can include laundry, concierge, restaurant and room services. This is a perfect arrangement for busy-bodies who are looking to rent apartment at HCMC. Without having to pay the price of hotels, you could get hotel-quality services, and leave the maintenance of your home to capable individuals. If you’re keen and diligent, you will also find a lot of good prices to rent apartment in Saigon, often priced by a daily fee.


If an apartment rental in Ho Chi Minh City is not for you, villas can be a good choice. If you have the budget for it, opting for a villa rental can give you a more pleasurable and comfortable time in Saigon. For those who would like to opt for a villa rental, there are a lot of listings you could choose from in Saigon. Most of them are even inexpensive, considering the type of property that you are renting.

If you want a more comfortable residence, a villa rental is the right way to go. There are many benefits to renting a villa, including a large garden space, access to a swimming pool and of course, security.


For those who aren’t too keen on their property, or for those who don’t want a villa or a Saigon apartment rental, houses can be the perfect solution. There are many ways for you to rent a house in Saigon, most of which can be found by walking around your chosen neighborhood and looking at for rent signs posted on walls. If a rent apartment at HCMC is not for you, there are many places that are offered cheaply by trusted home-owner, like a place in D3 for example, that can be your next home in Vietnam.