2 roads in Da Nang continuously hang signs for renting townhouses

Thu Giang |

Da Nang - Many villas on Nguyen Sinh Sac and Hoang Thi Loan streets have recently been continuously hanging up signs for rent.

According to Lao Dong, many townhouses on Nguyen Sinh Sac and Hoang Thi Loan streets (Da Nang) have recently hung up signs for rent.

Mr. Tran Viet Hoang (living on Nguyen Sinh Sac Street, Da Nang) shared that recently, many villas here have been hanging long-term rental signs for prices from 25-50 million VND/depending on location.

According to Mr. Hoang, because consumers tend to cut spending, the number of brands and labels that have rented here in the past have tried to move their premises to places with potential and more reasonable rental prices.

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The townhouse on Nguyen Sinh Sac Street (Da Nang) hangs a rental sign. Photo: Thu Giang

Similarly, Mr. Trinh Van Dong (real estate broker in Lien Chieu ward, Da Nang) - informed that in recent months, the villa segment has had a hard time finding tenants.

The main reason is the high rental price, many brands often put cost saving first, looking for a location for a reasonable rental price.

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The original villa has a rental sign. Photo: Thu Giang

Not only on Nguyen Sinh Sac Street, the row of villas on Hoang Thi Loan Street is also closed, hanging up signs for rent in large numbers.

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The situation of many villas on Hoang Thi Loan Street being closed and hanging up signs for rent in large numbers. Photo: Thu Giang

Many real estate experts - commented that in general, with the villa and shophouse segment, it is necessary to meet the criteria such as well-invested projects, high population density, apartment ratio and suitable number of villas to have high expectations and better profitability from leasing.

Real estate expert Nguyen The Diep - analyzed that the reason for the many villas and shophouses being rented out is because the houses are located in areas with unsynchronized technical infrastructure and have not formed a strong enough community to support business, so it is difficult to attract and retain customers.

"On the contrary, if suburban urban areas are soon synchronized with technical infrastructure, prices will increase and attract tenants" - Mr. Nguyen The Diep acknowledged.

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A corner of Nguyen Sinh Sac Street (Da Nang). Photo: Thu Giang
Thu Giang
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