Moderate to good rental yields in Hanoi and Ho Chi Minh city, Vietnam

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
Ba Dinh 1,880 9.92 6.33% 175 0.92
Cau Giay 1,240 6.77 6.55% 115 0.63
Dong Da 1,280 6.92 6.49% 119 0.64
Hai Ba Trung 1,400 7.95 6.81% 130 0.74
Hoan Kiem 2,280 8.23 4.33% 212 0.76
Tay Ho sq. m. 1,520 6.23 4.92% 141 0.58
HO CHI MINH - Apartments
District 1 4,600 10.05 2.62% 427 0.93
District 2 1,880 6.11 3.90% 175 0.57
District 3 3,120 8.11 3.12% 290 0.75
District 5 2,000 7.49 4.49% 186 0.70
District 7 1,440 7.58 6.32% 134 0.70
District 10 2,080 9.55 5.51% 193 0.89
District 11 1,520 7.07 5.58% 141 0.66
Binh Thanh 1,960 9.23 5.65% 182 0.86
Phu Nhuan 2,040 8.03 4.72% 190 0.75
Tan Binh 1,640 n.a. n.a. 152 n.a.
Go Vap 1,280 n.a. n.a. 119 n.a.
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.