Talking to Lao Dong reporter, Mr. Hoang Van Chien (living in Thanh Xuan district, Hanoi) said that he is in need of transferring a 2-bedroom luxury apartment, area of 80m2, rental price of 15 million. VND/month to get your deposit back.
"The apartment has 2 spacious bedrooms, modern design, full amenities. Because the rent is too high, I am in urgent need of transferring to find an apartment with a suitable price. Suitable for 8-10 million VND/month" - Mr. Chien said.
Also looking for tenants for a 2-bedroom apartment priced at 20 million VND in Hai Ba Trung district (Hanoi), Ms. Tran Thanh Huong said that some foreign guests have suddenly canceled their contracts ahead of time to move out. Other places make it difficult for landlords like her to find tenants.
Many real estate experts say that scarce supply is causing rental prices in the apartment segment in Hanoi to continuously increase. In particular, the high-end apartment segment will attract a number of foreign experts and people with stable financial potential. On the contrary, the affordable apartment segment will be easy to reach tenants because of the reasonable price.
Referring to this content, Mr. Tran Quang Trung - Business Development Director of OneHousing - said that the reason why apartment rental prices in Hanoi continue to increase is because house selling prices continue to increase, making the Renting an apartment has become a popular solution for many people.
In particular, those who invest in rental apartments are often interested in two issues such as the possibility of the cost price of the apartment increasing in the future and the cash flow obtained from renting the apartment.
In terms of price and price increase margin of apartments for rent, according to experts, apartments in Hanoi often have the highest rental profit margin among real estate segments. However, the recent increase in rent prices has put many renters under increasing pressure.
Talking to Lao Dong, Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - commented that the increasing trend of urbanization and immigration to the center of Hanoi has increased the demand for renting apartments. apartment buildings, putting pressure on housing supply, leading to increased rent prices in most segments.
According to Mr. Diep, in fact, in the current situation of high apartment prices, renting an apartment has become the choice of many people because the rental cost is often lower than buying a house. In addition, the recent increase in rental prices for apartments and luxury apartments in Hanoi has also put many renters under pressure, forcing them to rebalance their spending and finances.