SERVICED APARTMENT DISTRICT 7
District 7 is located in the south of Ho Chi Minh city; among 10 wards, Tan Phu is the center of the district. District 7 is famous for Phu My Hung residential area which is most properly invested and completed in Saigon.
Phu My Hung residential area is recognized as "Urban model" on 26-6-2018 by the Ministry of Construction and the People's Committee of Ho Chi Minh City.
The residences with high-income is concentrated in district 7 in the luxury apartment with a turnover of around $800-2500 monthly rent.
In order to form serviced apartments in District 7, investors should focus on the $400-600 segment. This is the segment that Phu My Hung center does not have many products to adapt market demand. Geographically, the location among Phu My Hung Center and district 1 is the perfect these serviced apartments.
CityHouse offers about 300 serviced apartments around the area, in order to meet the demand of foreign clients who are teachers in district 7, or customers in district 1, but budgets are limited, still can get better living space, with full serviced and optimal facilities.