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Questions about Hanoi
How many districts in Hanoi?
Hanoi has 12 urban districts and 17 rural districts. 12 urban districts are: Hoan Kiem, Ba Dinh, Dong Da, Hai Ba Trung, Thanh Xuan, Hoang Mai, Tay Ho, Bac Tu Liem, Nam Tu Liem, Cau Giay, Long Bien and Ha Dong. 17 rural district are: Dan Phuong, Gia Lam, Dong Anh, Chuong My, Hoai Duc, Ba Vi, My Duc, Phuc Tho, Me Linh, Soc Son, Thach That, Quoc Oai, Thanh Tri, Thuong Tin, Thanh Oai, Phu Xuyen and Ung Hoa. Dong Anh will become the urban district in the coming year.
What are Central Business Districts (CBDs) of Hanoi?
Hanoi has 4 central business districts: Hoan Kiem, Ba Dinh, Hai Ba Trung and Dong Da. Hoan Kiem is the most developed district where almost headquarters of big guns are located.
Where in Hanoi do expats mostly reside?
Expats in Hanoi predominantly choose to live in Tay Ho district, particularly in the Quang An peninsula and Ciputra urban area. These areas are favored by international residents due to their abundance of amenities such as international restaurants, shopping malls, cinemas, and parks. Moreover, many locals in these areas are proficient in English, making it convenient for expats to communicate and adapt to daily life.
Spoken languages in Vietnam?
Mainly Vietnamese. However, young people can communicate in English well.
Is Vietnam a safe country to visit or live in
Yes, Vietnam is generally considered a safe country. Despite its historical association with the war, Vietnam has evolved into a peaceful nation. In fact, Vietnam has played a significant role in fostering diplomatic relations between countries, such as hosting the historic negotiations between US President Donald Trump and North Korean President Kim Jong Un. The country is known for its warm hospitality and welcoming attitude towards foreigners. As with any destination, it’s always advisable to exercise caution and follow local laws and customs, but overall, Vietnam is a safe and welcoming place for visitors and residents alike.
When will Vietnam resume international airlines after Covid-19?
The end of July 2020.
Cost living in Vietnam?
- Rent + bills: 300$
- Transportation: 50$
- Grocery: 50$
- Leisure: 100$
Real Estate Questions
What is the rental fee like in Hanoi?
Rental fees in Hanoi are generally affordable. Customers can find neat and modern 1-bedroom apartments for as low as $500 per month. For those seeking lake view apartments with housekeeping services, prices can range from $1,000 to $1,200 per month. However, it’s worth noting that due to increasing demand, rental fees and service quality may be on the rise in some areas of Hanoi. It’s recommended to research and compare options to find the best value for your budget and preferences.
How are real estate prices in Vietnam?
In recent years, real estate prices in Vietnam have been steadily increasing, but they are still relatively low compared to many countries in Southeast Asia. Vietnam is recognized as one of the countries with the highest GDP growth rates in the region, which has contributed to the development of the real estate market and real estate investment. Despite the rising trend, real estate in Vietnam generally offers favorable investment opportunities due to the country’s economic growth and increasing demand for property. It’s recommended to conduct thorough research and seek professional advice when considering real estate investment in Vietnam.
Where are recommended locations for real estate investment in Vietnam?
Hanoi and Ho Chi Minh City are two cities with highly developed economies and active real estate markets, making them popular choices for real estate investment in Vietnam. Hanoi, being the capital, offers various advantages in terms of infrastructure, economy, and urbanization. The urbanization process in Hanoi is ongoing and expected to continue for many more years, presenting opportunities for real estate investment. Similarly, Ho Chi Minh City, the largest city in Vietnam, has a thriving real estate market with participation from many foreign investors. It’s important to conduct thorough research, consider market trends, and seek professional advice when making real estate investments in Vietnam.
Where should we consider buying properties in Hanoi?
The choice of location for buying properties in Hanoi depends on your budget. If you have a high budget, properties in the Central Business Districts (CBDs) of Hanoi may be suitable for you. For a medium budget, you may want to explore projects in areas like Tay Ho, Ciputra, Bac Tu Liem, and Cau Giay. These areas are known for their developing real estate markets and offer a range of options for property buyers. If you have a lower budget, there are also many projects in Ha Dong, particularly around the Hanoi metro railways, where you can find apartments starting from $50,000. It’s important to carefully assess your budget and preferences, and seek professional advice when considering property investments in Hanoi.
Required papers to buy properties in Vietnam?
Passport & visa. That’s all, easy peasy!
Procedures for buying apartments in Vietnam?
- Paying deposit (downpayment) to Agency (normally 50M VND or 100M VND)
- Sign the contract in 10 days
- Pay money to The Developer
- Receive property handover notice
- Receive Pink Book after 6 months or 12 months.
Procedures for renting properties in Vietnam?
- Visit the property
- Pay the deposit (generally 1 month rent)
- Sign the lease contract
- Pay the rent (the general payment term is paying every 3 months)
- Move to the new home. Sign & check the inventory list.
Agents should follow tenants through the lease and support tenants for justifiable issues.
Are rentals in Vietnam pet-friendly?
It depends. Generally pets are allowed in private houses & villas. They are not allowed in apartments. However, some small pets are sometimes accepted.