Get to Know the Three Best Districts in Ho Chi Minh City to Invest In

July 03, 2018

Vietnam is known not just for its rich history, vibrant culture, and gorgeous landscapes and tourist attractions – it’s also known these days for its amazing real estate opportunities that more and more foreign investors are getting into.

Here are the three best districts in Ho Chi Minh City for a foreign investor, such as yourself, to invest in premium pieces of real estate, and possibly, a great deal on a piece of property for sale:

District 1

District 1 is considered to be the busiest district and the very center of Ho Chi Minh City, and because this district is the country’s commercial, financial, and business hub, you can see a lot of foreign owned properties located in this district in Vietnam property launch portal. Expect that property values for real estate here can be some of the highest in the whole city, if not all of Vietnam.

You can see a lot of offices and skyscrapers dotting the skyline, with several premium condominium and apartment units close by.

This district is also known for its backpacker area, with hundreds of guesthouses and hostels of different degrees of quality, which is around Pham Ngu Lao and Bui Vien Street.
Other notable places in this district include the following:

• Nguyen Hue Street (a lively street where locals come out to hang with their friends or grab ice cream and snacks after hours),
• Le Thanh Ton Street (commonly known as “Japan Town” because of the large Japanese community living here), and:
• the Saigon Center in Le Loi Boulevard (recently opened in 2016, complete with all kinds of local and foreign brands, as well as different restaurants)

District 2

Located on the other side of the Saigon River, District 2 also has some of the best international facilities in the whole country, and can be a really desirable place for expats and foreign investors to live and invest in with the number of restaurants, malls, and high-rise tower blocks alongside avenues of street food restaurants and hawker stalls.

The more laid-back atmosphere of Thao Dien is a welcome break from the hectic chaos of being in the downtown areas, and you can head on over to 188 Nguyen Van Huong to find all kinds of live music events, flea markets, and craft beer festivals going on.

Other notable places in D2 include the following:

• Family Garden (a great place for the whole family to get in touch with nature, complete with vegetable patches and flower beds, as well as animals that you can pet);
• BiaCraft Artisan Ales (one of the pioneers who brought craft beer in Vietnam, offering locally produced beers, ciders, and a menu of meaty side dishes and snacks)

District 4

The district’s unique location makes it its own “island”, formed by the Saigon River on one side, and two canals on the other.

It’s because of this that the district is famous for its abundance of fresh seafood and great finds if you’re into fresh seafood cuisine in Vietnam – in fact, many of the country’s fish hauls land on this district first – and it’s also just one boat ride away from the downtown area of District 1, so you’ll never miss out on any of the action.

District 4 also has its own lively nightlife scene, and many expats and tourist often head to this district to get a taste of the delicious local eats that the country has to offer.
Other notable places in District 4 where most of for-sale properties you see at are located include:

• Vinh Kanh Street (this road snakes through the heart of the district and lights up with all kinds of restaurants and eateries that offer almost anything you can imagine, from local seafood to hamburgers);
• The Observatory, located at 5 Nguyen Tat Tan Street (one of the best dance venues the country has to offer if you’re looking to party with live DJ’s well into the early morning)

Now that you have an idea of the different places in the country, you now have the chance to look more into where you want to make your investment of a lifetime. When you do, be sure to contact the developer or landlord and get in touch with them, and see the place firsthand.
What are you waiting for? Invest now!