Ho Chi Minh City Q4 2013

Ho Chi Minh City Property Prices Q4 2013 covers the rental and buying property market in HCMC metropolitan area. propertydata.asia is using thousands of public property listings to generate market overviews and benchmark property prices for apartments and condos in each market segment. The generated benchmarks are based for Q4 2013 on 20’000 individual units (condos and apartments).

The highest property prices are clearly found in the center of HCM with the nucleus in District 1 & 3. The prices are radial-centralistic organized and they drop with the distance to the center. A second driver for the property values is the saigon river, districts bordering the river have a higher price level.

The difference between the highest median property value in District 3 (1’4020$/sqm) is more than twice that of in the group of districts with the lowest valuations (Binh Tan District, Thu Duc District, Tan Phu District, Nha Be District, Go Vap District).

In the rental market the price difference between the highest (District 1; 11.7$/sqm mt) and lowest (Go Vap District; 3.6$/sqm mt) median apartments are more than 300%.

The offered median rental apartment in HCMC has an monthly rent of 900 us$ and is with 93 sqm surprisingly large.

Rental prices for apartments / condos in HCMC Q4 2013:

- high end segment: > 1’800 $
- expensive segment: 1’200 – 1’800 $
- upper midfield: 900 – 1’200 $
- lower midfield: 680 –   900 $
- cheap segment: 403 –   680 $

These figures are for each individual district  as pdf download available. >>> go to the download center

The offered median freehold condo in HCMC has an asking price of 58’000 us$ and a size of 71 sqm.

Asking prices for condos in HCMC Q4 2013:

- high end segment: > 180’234 $
- expensive segment: 85’374 – 180’234 $
- upper midfield: 57’554 –   85’374 $
- lower midfield: 45’424 –   57’554 $
- cheap segment: 32’252  –   45’424 $

These figures are for each individual district as pdf download available. >>> go to the download center

2-bedroom apartments have the biggest share with over 50% up to 2/3 out of the 20’000 surveyed properties. Approx. 30% are 3-bedrooms and approx. 5-10% are 1-bedrooms apartments.

The offered median rental apartment in HCMC has an monthly rent of 900 us$ and is with 93 sqm surprisingly large. The resulting sqm rent is 9.5 us$/sqm month.

The offered median freehold condo in HCMC has an asking price of 58’000 us$ and a size of 71 sqm. The resulting sqm price is 800 us$/sqm.

Binh Tan District
Binh Thanh District
District 1
District 2
District 3
District 4
District 7
Go Vap District
Nha Be District
Phu Nhuan District
Tan Binh District
Tan Phu District
Thu Duc District

Binh Tan District
Binh Thanh District
District 1
District 2
District 3
District 4
District 7
Go Vap District
Nha Be District
Phu Nhuan District
Tan Binh District
Tan Phu District
Thu Duc District

database
The data collection sources on public available property listings (asking prices). The calculated prices and benchmarks are based on an evaluation of asking prices. Transaction prices may differ from asking prices, especially in not very liquid markets.
propertydata.asia is using thousands of public property listings to generate analyses and market overviews of the monitored property market. Overall HCMC about 20’000 properties (apartment and condos) are in the database for the 4th. quarter 2013.
The data is segmented geographically as well in accordance with the property segment and therefore supports the project developer, real estate agent, and homeowner with a precise market overview.

	Download  more detailed surveys and data for every relevant district as pdf file. download center