Rental yields and appreciation potential in Binh Duong New City

As the real estate market gradually recovers, long-term investors prioritize dual-profit properties with high rental yields to secure stable income over the next 3-5 years and to benefit from anticipated increases in property values as the market rebounds.

Binh Duong ranks third, following Ho Chi Minh City and Hanoi, in attracting foreign investment, with 4,322 projects totaling over US$41 billion in registered capital as of June.

The surge in FDI has also drawn more than 45,000 professionals from 65 countries to work long-term, making Binh Duong ideal for rental property investors.

According to Navigos Search, with monthly incomes ranging between US$8,500-34,000, foreign managers and engineers are willing to spend more to own private living spaces and enjoy premium amenities.

However, the rental property market faces a paradox: there is an oversupply of affordable apartments but a shortage of high-end projects that meet expatriates' living standards.

Minh Tan, 42, from Ho Chi Minh City, plans to sell his high-end apartment in the city to invest in Binh Duong properties and rent them out to foreign professionals living and working there, as they often sign long-term leases of 3-5 years, aligning with their contract durations.

By doing so, he anticipates an additional 6-7% profit from renting out the property, on top of a 30-40% increase in property value over the next few years.

"The issue now is the limited availability of projects that meet the needs of this group of tenants," Tan added.

Similarly, Tran Le, 39, living in Binh Duong, has been eyeing some projects in the locality. The central nucleus, known for having the best infrastructure in the province, features numerous 4-10 lane highways connecting to key industrial zones and is adjacent to administrative, commercial, and entertainment centers, further enhancing the rental value of real estate in the area.

Having years of experience renting to foreign professionals, Le revealed that it's not just single expats, but many professionals who bring their families to Vietnam also seek quality projects.

Spacious, comfortable apartments in a secure and private environment with a full range of amenities give them a sense of "home away from home," making them willing to pay high rents for long-term stays.

Orchard Hill comprises two residential towers. Photo courtesy of Sycamore

At the heart of Binh Duong New City, master development Sycamore, crafted by CapitaLand Development, offers 3,500 apartments across low-, mid-, and high-rise buildings, creating a vibrant community for approximately 13,000 residents within 18.9 hectares.

The Orchard, Sycamore’s first landed phase, featuring 368 units with The Canopy Clubhouse offering exceptional amenities, was successfully launched.

Recently, Orchard Hill was introduced as the first high-rise phase of the Sycamore master development.

Comprising 774 units across two 24-story towers, Orchard Hill I and Orchard Hill II, the project provides a diverse range of unit types, from one-bedroom and three-bedroom apartments to luxurious duplexes and penthouses.

All units come with high-quality amenities, redefining the standard for premium living in the area.

Orchard Hill's premium amenities cater to the needs of foreign professionals. Photo courtesy of Sycamore

Orchard Hill also caters to the living, connecting, and entertainment needs of expats.

Located in the heart of Binh Duong New City, the project offers easy access to commercial and entertainment complexes such as AEON Mall, Hikari, and WTC Gateway.

Professionals and their families can look forward to convenient connections to international hospitals and schools, such as the Singapore International School and Viet Hoa School.

For more information about the project, click here or contact the hotline at 1800599986.