Luxury Apartment Rental Trends for Expats in Hanoi

Luxury Apartment Rental Trends for Expats in Hanoi
Ten years ago, most expats in Hanoi typically rented private houses or basic serviced apartments. But today, one clear trend is on the rise: renting luxury apartments in modern residential complexes with full amenities and professional management.

For many expats, an apartment is no longer just a temporary place to stay—it’s where they live, work, relax, and express their lifestyle. Let’s dive into the key drivers behind this trend and what it means for landlords and investors.

1. Why are luxury apartments gaining popularity?
There are four main reasons why more and more foreigners are choosing luxury apartments:

Fully integrated and modern amenities: Most high-end projects offer gyms, pools, playgrounds, BBQ areas, supermarkets, and kindergartens. Tenants enjoy convenience without needing to travel far.

Security and professional management: 24/7 security, CCTV, access card systems—these safety features are top priorities, especially for those living with family.

Prime locations: Luxury buildings are often close to office hubs, international schools, major roads, or future metro lines—ensuring easy daily commutes.

Modern design and furnishing quality: High-end apartments are designed with style, high-quality materials, and cohesive interiors—offering comfort that traditional homes or older buildings often lack.

2. Most in-demand districts for luxury rentals
Some key areas stand out for their high demand from expat tenants:

Ba Dinh – Dong Da: Close to embassies and government offices, favored by diplomats and professionals.

Cau Giay: Near tech parks and major office towers like Keangnam; popular with Korean expats.

Tay Ho (West Lake): Open space, scenic views, vibrant international community—preferred by Europeans and Americans.

Nam Tu Liem: A growing area with many new projects, reasonable prices, and home to many Koreans and Japanese professionals; near My Dinh Stadium and major highways.

3. Most sought-after projects by expats
Here are some of the most popular luxury buildings among foreign tenants:

Vinhomes Metropolis (Lieu Giai)

Lotte Center Hanoi (Dao Tan)

Keangnam Landmark (Pham Hung)

Starlake Tay Ho Tay

The Link, E4, E5 (Ciputra area)

Sunshine City & Sunshine Riverside (near Nhat Tan Bridge)

What these projects share: high-quality management, international-standard services, clean and safe environments, and stable occupancy rates.

4. Current rental prices for luxury apartments
Prices vary depending on unit size, location, view, and furnishings:

1-bedroom units: $700–1,200/month

2-bedroom units: $1,000–1,800/month

3-bedroom and larger units: $1,500–2,500/month

Apartments with a great view, high floors, premium furnishings, or recently renovated interiors can command 20–30% higher rental rates.

5. Tips for landlords and investors
If you own or plan to invest in a luxury apartment for foreign tenants, here are some key points:

Choose projects with a strong international resident community and good property management. Avoid overcrowded or poorly managed buildings.

Invest in stylish, modern furnishings. Avoid outdated or overly ornate interiors.

Partner with reputable brokers or agencies that specialize in expat clients.

Be flexible in lease terms and pricing, and prioritize long-term contracts for better stability.

Conclusion
Luxury apartments are no longer a “niche” in the Hanoi rental market—they’ve become the go-to option for most expats. Smart investment in the right project, with the right positioning and quality, can deliver stable and sustainable returns for landlords targeting the foreign rental segment.