5 Expenses You Must Cover When Renting an Apartment in Saigon

Now, as the population in Ho Chi Minh City are getting expended, then rent apartment ho chi minh is becoming more common. However, what renters are worried is that they have to pay a lot of the cost of living every day. Let SaigonFlat find out about the fees you have to pay at the apartment through the article below

bill

Management Fee

This is the cost for all managements and operations of the apartment. This cost depends on the standard and quality of the apartment project such as high-end apartment, apartment or low-cost apartment. However, the cost of apartment management is only VND10,000 – VND20,000 / m2. The management fee will be directly proportional to the price of the apartment you purchased, the fee of luxury apartments are often higher than the normal apartment for the same size.

Each apartment project will have a different level of management fee and should not exceed the state cap rate. Except, there is agreement between the client and the initial investor. However, in fact, there have been many cases of disputes between customers and investors surrounding this type of fee. Therefore, in order to avoid this case, the renter of the apartment should ask for the management fee before signing the contract.

Monthly Service Fee

This is a compulsory fee for living in the apartments you have to pay. This fee will depend on the type of apartment you live in, luxury apartment or normal apartment, and it depends on the size of your apartment. The average monthly service fee is currently ranging from VND2,500 to VND16,500 / m2 / month. Depending on the type of apartment and the agreement between the owner and the buyer of the apartment at the beginning.

The low-priced apartment is from 5,000 to less than 10,000 VND / m2 / month. To sum it up, if you live in this apartment, you will lose several hundred thousand to over 1 million for this service fee.

For high-end apartments, the cost for this service will be over VND1 million. The cost will increase for large apartment and getting smaller for small apartment

service fee

Parking Fee

The monthly motorbike fee will range from 50,000 VND to 100,000 / bike / month.

Car parking fee will range from 500,000 VND to 1.2 million VND / car / month.

The total cost for a 4-person family with 2 motorcycles and a car will fall to about 1.5 million per month.

parking fee

Internet and Cable TV Fee

There are 2 biggest internet provide in Saigon are Viettel and FPT Telecom. You can choose internet service from one of them.

FPT - Internet & Cable TV Price

internet fpt

Viettel - Internet & Cable TV Price

internet viettel

Electricity and Water Fee

This is the monthly cost of living that you live in anywhere, whether on the house or an apartment. This fee will depend on your family's usage at the regulated price of the state (from 3,500 to 4,000 VND per kwh).

water bill

Over here, SaigonFlat reviewed some of the fees to pay when you live in the apartment. In addition, you can also read Top 4 things you must know to rent apartment in Saigon