Situation of renting cheap room in District 10 now

Being a central district of Ho Chi Minh City, District 10 possesses advantages of traffic, infrastructure with economic and cultural development, diversity. District 10 real estate has long attracted investors and customers. Besides, buying and selling houses, apartments or projects, renting cheap rooms in District 10 is also an extremely developed item.

The article below will realestatevietnam.com.vn readers read about the situation of renting a cheap room in District 10 now as well as factors that make up this category in the city.

Along with District Districts such as Thu Duc, Binh Thanh, District 12, Go Vap District 10 has a large number of rooms for rent.

According to information from major real estate companies in HCM City, the number of transactions for rent, rent – cheap room rental District 10 is very exciting. The object is quite diversified but mainly students and intellectuals.

Accommodation rates in District 10 are quite high and higher than the surrounding districts about 300 – 700 thousand / room; Prices fluctuate between VND2 -4 million / room.

Renting low-cost motels in District 10 is considered a potential investment by District 10 owning so many attractions from transportation to infrastructure and other conditions for the motel business to deliver. .

In the near future, when the District 10 land fund is almost exhausted, other items are becoming scarce and difficult to invest, renting rooms promises to remain an effective investment channel in District 10.

The attractions of low-cost motel room District 10

Location, transportation infrastructure

District 10 is considered one of the inner city of Ho Chi Minh City owning beautiful location with many favorable conditions for economic, social and cultural exchange with central and suburban districts.

From District 10 tenants in District 10 easily move through other districts such as District 3, Phu Nhuan, Tan Binh, District 5, District 1, District 6, District 11 … with only about 5-10 minutes moving.

District 10 owns traffic, modern infrastructure

As a long-standing District of Ho Chi Minh City with long history, infrastructure and facilities in District 10 quite full with many major universities such as National Academy of Public Administration; Polytechnic; Pham Ngoc Thach Hospital, Eye Hospital ..

Synchronous, upgraded roads with clear planning make it easier for residents of District 10 to live.

Cheap accommodation District 10 beautiful

Compared with neighboring districts such as District 3, District 5, District 1, District 10 is considered to be larger, more convenient and cheaper.

Also, in terms of average living standards, District 10 has a lower living standard than other District Centers. Renters do not have to spend too much on living expenses as well as expensive living as the central area.

Cheap motel room District 10 potential investment

As the District 10 land fund and Central Districts are shrinking. When the living standards of Central Districts are too high for tenants to find equivalent counties that are more affordable, District 10 is indispensable.

On the other hand, when the population of Ho Chi Minh City in general and District 10 increasing with the presence of many universities focused on this will make demand for rooms in District 10 never diminished.

Investing in cheap room rental in District 10 is not only an investment channel to help investors make long term profits but also a “piece of cake” to save and promised to be a “super” real estate in the future.

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