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According to CBRE Vietnam, in terms of location, the West lake area will continue to be the most favoured destination, although demand for serviced apartments in the west of Hanoi will also continue to rise, especially for units in the range of $1,000 to $2,000 per month. Renters in West Lake are mostly diplomatic staff, English teachers, or staff of foreign representative offices. As the office market heads west and most blue chip and multinational companies relocate there, so will most foreign rental tenants as their most critical consideration is the proximity of their home to their workplace.


CBRE Vietnam