The Hottest AREA in Saigon ! PLUS its Hidden Secret !

[@koile7098]

The “theme park” is temporary. The city owned that land n I believe it’s going to be an opera house in the future.

[@n.g.6188]

100% true. We live in the Galeria for two years now and noticed only a handful of wealthy Vietnamese living in the Penthouses. The rest is Koreans during the rainy/low season and Overseas tourists during dry/high season. The owners are barely able to pay their loans and are now trying to sell apartments for $1 million that are not worth more than 250k.

[@fatandbroke]

@@n.g.6188 💯

[@GreetingsFromArrakis]

I like the simplistic look, clean and professional 👍🏼

[@anh-tuando4010]

Thank you for the videos. I was wondering about the 6-month rental prices for a 1-bedroom or studio in the area.

[@BrunoFil1S]

what about Sunwah Pearl, what do you think for renting 2 bedrooms. Any recommendation. Thanks

[@RobLaurieFinancialAdviser]

If you buy an apartment and don't do airbnb, it doesn't make sense financially. Half a million for an apartment and expect to rent for a only 3% yield?

[@fatandbroke]

@@RobLaurieFinancialAdviser apartments aren't hotels. They never have been. They should be separate. This entire air bnb has fucked over markets world wide

[@RobLaurieFinancialAdviser]

@@fatandbroke You’re right, apartments and hotels are definitely different. But when it comes to investing in property, it's smart to look at all the ways you can make money from it. Traditional long-term rentals might only give you a 3% yield, but using platforms like Airbnb can boost your rental income and give you a better return on your investment. Property investing isn’t about providing a public service; it's about making money. This drive to maximise returns can sometimes lead to inflated property values. With the cost of living going up and interest rates rising globally, it’s more important than ever to maximise rental income. Higher interest rates can increase mortgage costs, and inflation can eat into your rental income. Short-term rentals can be a good way to counter these financial pressures and improve your returns. But it's also worth thinking about how government intervention might help people in Saigon. Regulations on short-term rentals and support for long-term housing could help manage property values and make housing more affordable for locals. Maybe the hotels aren't doing their part properly, as airbnb usually isn't cheap.

[@pedro72246]

​​@@RobLaurieFinancialAdviserbuying a home has nothing to do with making money unless you are speculating... on third world real estate

[@gumerzambrano]

Saigon having an Airbnb problem shows at least tourism numbers are doing well

[@magvs_mæstro216]

Cam on

[@VanTran-ne4yf]

Dont you think it a best place to live in Ho Chi Minh, away from the crowd and traffic , close to the river 😄. it a million dollar location in Australia, Canada. People living in those building got the cash ,not a backpackers and sex tourist like Thailand. You dont like it ? 😂

[@fatandbroke]

@@VanTran-ne4yf backpackers here every single day. In the pools, all of it.

[@JaySFO2SGN]

Truth. We looked at it from every angle and renting is definitely the way to go. Crazy to see how that area has changed. Good tour 🙏

[@fatandbroke]

yep, rent.

[@KhaiNguyen-cp5eu]

Gotta love the real estate investors fucking shit up for everyone else

[@gumerzambrano]

Why should they get rid of their airbnbs? Bending the rules is literally the Vietnamese way

[@caribbeanexpat3927]

Fatz, you realized they removed that large sign that was erected...

[@fatandbroke]

@@caribbeanexpat3927 re erected to the side

[@rich6157]

👋what’s up man have a great day man 👍

[@caribbeanexpat3927]

Air B&B will rip those.. Believe me

[@AlfredSchlegl-jx7id]

Very Interesting Chris.