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Apartment/house rentals

Hello,

I'm an American and I will be arriving in Hanoi on January 5. I will need an apartment or house for rent. I would prefer something with two bedrooms or more in the Hoan Kiem District. It's important that the place be nice inside and have access to high speed internet, and cable tv with channels like HBO, CNN, etc. How much should I be paying for something like that?

Thanks for your help.

posted about 13 months ago by wesmo7583 - viewed 891 times
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answered about 13 months ago by jestert79

In the Temple of Literature

From what I've heard (I'm relatively new here) rental prices have skyrocketed compared to even a year or two ago. I know a couple that has just arrived that got a nice place in that area (2 bedrooms, rooftop terrace, etc.) where they asked $700/month. They managed to haggle it down to $600, I think, but they had to pay 6 months' rent up front. Youch.

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answered about 13 months ago by Stosskraft

Yes prices have raised alot in the last couple years, but part of the problem people are paying these inflated prices. Not to sound negative, but there is a false ammonium in Hanoi...for expats who pay the high prices that are asked. There are alot of good places around for 300-450 but you do have to search. I know people paying over a 1000 a month for an apartment...western prices almost...that is more that my company pays for a whole 5 storey building !

One think people should consider is how long you are going to stay. If you plan on staying for a couple years, then consider getting a Vietnamese style place 2-3 million a month and furnish it yourself. Yes the initial outlay of cash for the furnishings are going to be high, but then they are yours and you can sell them or move them with you, recuperating some of the costs. I know alot of times Vietnamese style housing is not in line with expat preferences but you can easily get people to paint and decorate for cheap, and within a year or 2 you will be saving money every month. I read the Vietnamese classifieds and there are lots of fair size houses and apartments for as little as 150-250 but you do need a Vietnamese person to help you deal with the landlords and you will need to buy some furniture but it may save you alot of money if you plan on staying for a while.

As for what the OP asked he should look to be in the 300-450 range, but it will take some leg work. But if he looks at going just outside Hoan Kiem District then it will be easy to find.

Cheers

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answered about 13 months ago by Stosskraft

Sorry can't edit...should say "false economy".... :)

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answered about 13 months ago by wesmo7583

Thanks, so I guess it's safe to assume that all of these internet prices are super inflated. Can real estate agents in Hanoi be trusted or will they try to exploit me too?

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answered about 13 months ago by Sean504

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I can't tell you much about living in Hoan Kiem, but from my experience, the housing agents will try to exploit you. Last time I was looking for a house, I used 4 or 5 of them. They showed me houses they clearly knew I would never accept and didn't want. They wasted almost all of my precious house hunting time on what were essentially wild goose chases, and I wound up settling for a terrible house because the clock ran out. It reminds me of when the taxi drivers circle all over town just to waste your time and money.

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answered about 13 months ago by Stosskraft

Yes most agents will get 1 the first months rent you pay the landlord. That is the normal deal the agents work on. What you can do, is when the agent takes you to see some of the places make a note of the address and return later and talk to the landlord directly. most often they will cut the price if you deal directly with them, saving them from paying the one month to the agent. You will save some money but get ready for some upset agents :)

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answered about 13 months ago by Mr_Big

normally like that. but I have a room for rent,and i never give someone my first money! he he

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answered about 12 months ago by lcobb02

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Just as an FYI, houses are cheaper than apartments. If you want an apartment that comes furnished in a nice location, especially if the place has a guard or something like that, you can expect to pay over $1000. If you want to pay less, you need to compromise on something, be it light, location, style, etc.

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answered about 12 months ago by Leandro

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I hope its not late but you will find furnished apartments in the Hanoi Towers (Somerset Grand). It is located in Hoan Kiem District with a great view of the Hoan Kiem Lake of course. http://www2.somerset.com/vietnam/hanoi/somerset_grand_hanoi.html
Its a prime location, so you don't have to worry about anything.
You should move to Tay Ho District if you want to live in a villa (prices up to 5000USD/ month.

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