Vietnam Guide: Tips to Renting a Property in Saigon

Although there are plenty of rental accommodations in Vietnam, it is worth the while to spend a little bit of effort to search for ones with complete amenities in reasonable prices. When thinking of rent apartment at HCMC, here are some tips to keep in mind before signing the contract.

1. Know Your Goals

Be honest with yourself and know the kind of place you will be happy to live in and you would be able to afford.
Unfortunately, too many expats come to Vietnam and unsure of what kind of space to rent, do not know how to rent a house and end up renting a place they do not like. To ensure you find a place you actually want to live in for longer time, answer these following questions:

• Do you like an area with a lot of people? Some individuals like being around with people, while others are like hermit crabs and would prefer a quiet home where they are not required to socialize. If you are the former, a shared house would be ideal. It would save you money and allow you to make new friends. If you are the latter, a studio-type condominium rental in district 1 would likely be a nice option for you.

• Do you prefer to cook or dine outside? Answering this question will help you determine the most suitable location for you and decide on the house to rent. If you want to cook for yourself, an apartment for rent in district 2 that has cooking facilities like a stove and an oven would be ideal. If you prefer dining outside, a small condo unit in the heart of Vietnam would give you easy access to eateries, pubs and restaurants.

• What facilities would you prioritize? Many would prioritize a private toilet and bathroom, an air conditioning unit and a reliable internet, but there are also others who want a fridge and a television. It all depends on your lifestyle and preferences.

• Do you want more natural lighting? If yes, rent a house with bigger windows or rent apartment in Saigon with terrace.

• Do I want a short-term or a long-term rent? Oftentimes, long-term leases have better chances of getting better prices. Landlords usually offer 12-, 6- and 3-month deals. Try to negotiate your terms and see if you can bargain.
Also, consider if there is an allotted parking space for tenants, accessibility of the landlord, existing furniture and if pets are allowed in any apartment for rent in Ho Chi Minh City.

2. Make Friends

Be friendly with people who speak the language. They are your best sources for affordable Saigon apartment rental. Discuss with your officemates, neighbour and new found friends about renting of accommodation in Ho Chi Minh City, Vietnam to gather recommendations of the best places to rent. Who knows, one of those new found friends could be an owner of an apartment for rent in Ho Chi Minh City.

3. Skip the Agent and Browse the Internet

Since you do not speak the language, your immediate solution for Saigon apartment rental would probably be calling an agent. While this can be helpful, you will likely be priced much higher as the agent would have to charge you with his professional fee. If you want to save as much as half the rental price, search for apartment for rent in Ho Chi Minh online and contact directly the owner of the property. Websites like bestrent.vn provides updated listings of properties for rent and provides direct contact details of the owners for interested tenants to call.

4. Walk Around

This is perhaps the best tip to rent a house in district 3. A lot of house for rent in district 3 are not advertised online, and many of them come in very affordable prices. The owners simply hand a signage on the gate and wait for interested tenants to call. Other than being the best way to find hidden gems, walking around gives you a feel and an idea of the neighbourhood. Look for the magic words Cho Thuê, which means ‘for rent.’ Some signs may also say nha cho thuê, which means ‘house for rent’ followed by a contact number.

5. Visit the House

Whether it is a house, apartment or a villa rental, it is very rare to take the first unit you see. You will likely visit more properties than expected, so be patient and do not feel pressured to say ‘yes.’ When you rent apartment in HCMC, always check the water pressure. If the pressure is low, it could be that the water tank is not on the roof, which should always be so there will be no problem with water pressure. Other than the water, also check the kitchen and air conditioning of the home, as well as other things you prioritize to have (as answered in number 1).

The Neighborhood around Saigon

• Expats

As per personal choice, if you are a foreigner in Vietnam, you have the freedom to either lease masteri condominium at Thao Dien where you can find a lot of expats or rent apartment somewhere in HCMC where there’s lesser foreigners residing. Both offer different advantages. Choosing the latter will give you a chance to fully experience Vietnamese culture, while the former offers higher standard of living with expat-friendly schools and establishments nearby.

• Ho Chi Minh City

Districts 2 and 7 are the ideal neighbourhoods for expats, since they are away from the hustle and bustle of the city. Choosing an apartment for rent in district 2 will give you peaceful environment after a long day at work or in school. However, if you wish to live nearby the entertainment area of Saigon, condominium rental in district 1 is the best choice for you as most condo building there are situated near tourist sites, parks, bars and restaurants.

• Hanoi

If you are an expat looking for a luxurious stay, villa rental are all over Hanoi. Particularly at Tay Ho, you can have your own home and even a private pool with villa rental. Hoa Nhoah Chinh is where many expats from Asian country reside, while West Lake area tends to attract European and Australian expats.

Now that you already have these tips, it would hopefully be easier for you to rent apartment in Saigon.