Apartment rents in Ho Chi Minh City have surged by up to 28% since last year, especially in the mid-priced and high-end segments. According to a report by JLL, rental prices for apartments in the city increased by 1.6% quarterly and 5.9% annually in the first three months, averaging 10 USD per square metre per month, particularly in new high-quality developments. Only 500 apartments were put up for sale in HCM City in the first quarter, the lowest number in the past 15 years and a 17% decrease from the same period last year.

Source: Vietnam News Agency