Ascott opens Somerset D1Mension in Ho Chi Minh City
ProjectsNew serviced apartments Ascott's fifth in Ho Chi Minh City (HCMC) and ninth in Vietnam.
Serviced apartment is the new tempting investment channel
MarketThe serviced apartment is a real estate product aimed mostly at tenants such as expats, long-term visitors and a small proportion of short-term tourists, according to CBRE.
Serviced apartments and shophouses of increasing interest
InvestmentThe serviced apartment and shophouse markets in Ho Chi Minh City are both receiving greater attention from investors, according to a recent CBRE report.
Average rent of Saigon serviced apartments reaches $38 per sqm
MarketGrade A serviced apartments in Ho Chi Minh City have an average rent of $38 per sqm per month because of the high demand of foreigners, CBRE Vietnam reported.
