How to effectively invest in serviced apartment model ?

All over Vietnam, the number of foreigners living and working in the province is spread out, but they are concentrated in big cities like Hanoi, Ho Chi Minh City, Da Nang, Nha Trang, Binh Duong. The highest density in the whole country is in Ho Chi Minh City with 25%, ranking second with 18% in Binh Duong, Hanoi with 15%.

Serviced apartment model is born, the first task is to serve foreign guests through Vietnam long-term work or living. So the first task of investing in this model is to understand what they expect, want and need

An inevitable rule of society, when a model or industry makes a breakthrough in terms of efficiency, almost immediately the market will have countless copies, and cloning always have hidden risks.

There are many small trends such as sweet potato shake, rice paper, lemon tea, ... to beer club or nearest trend – boba milk tea... According to the first rule is bursting rushing and follow the second rule, duplicates are gradually eliminated.

There are many, many reasons to make a decision to invest and create a product for foreigners in a complete way. There are several factors as Location | Investment purpose | [to keep assets, sell, trade, make a living, or simply be a financial insurer for next generation] | Number of people involved in investing | Personal perspective system | Time to enter the market ...

Therefore, it is not possible to bring a model of Serviced Apartment in District 1, or District 3 of this investor clone to another investor in District 2 or District 7. The mistake will occurs when the surface is multiplied.

A good serviced apartment is not just a large room, a nice room, a good location ... There are many stories behind that to understand and make the right decision.

Going back to the first question. How to know what foreign customers who live and work in Vietnam for a long time like and need ... Because they themselves in the country and when leaving the country are of 2 totally different desires.

There is one way to know: ask a lot, and a lot. Ask them who come from different countries, come from different multinational corporations, ..

The more information we have, the day after day, month after month, year after year, the more we will know what customers want.

The CityHouse system has gone through more than 20,000 in-out in order to understand the needs and after each day of improvement.

CityHouse Apartment is proud to contribute to a small scale of this real estate industry in Vietnam with the desire to create more and more quality serviced apartments. Moreover, CityHouse would like to together create a quality serviced apartment industry. And to be proud when foreign customers come and feel that we are not losing any country in the world.