Rents for Hanoi serviced apartments plunge to three-year low

[snoop1130]

Buildings seen in Nam Tu Liem District, Hanoi. Photo by Shutterstock/Vietnam Stock Images

 

Hanoi serviced apartment rents fell by 3 percent to a three-year low of VND547,000 (US$24.16) per square meter per month last quarter, according to Savills Vietnam.

 

Compared to a year earlier the average rents for grades A C apartments decreased by 4 percent to VND705,000, and 11 percent to VND233,000.

 

The average occupancy remained unchanged from the third quarter at 69 percent, but increased by 2 percent year-on-year.

 

Full Story: https://e.vnexpress.net/news/business/industries/rents-for-hanoi-serviced-apartments-plunge-to-three-year-low-4420287.html

 

-- © Copyright VN Express 2022-01-24

[samjaidee]

I refuse to believe those figures. I live in a 40 sq m  serviced studio with a lift in HCMC and according to those figures I should be paying nearly 22 million yet in reality I pay 8 million.