As the real estate market gradually recovers, long-term investors prefer double yield properties with high rental yields to secure stable income over the next three to five years and benefit from the expected increases in property values ​​as the market recovers.

Binh Duong ranks third after Ho Chi Minh City and Hanoi in attracting foreign investment, with 4,322 projects with a total capital of over USD 41 billion (as of June).

The increase in foreign direct investment has also attracted over 45,000 professionals from 65 countries to work there long-term, making Binh Duong an ideal location for investors in the rental property sector.

According to Navigos Search, the monthly income of foreign managers and engineers ranges from $8,500 to $34,000, and they are willing to spend more on private housing and first-class amenities.

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

Minh Tan, 42, from Ho Chi Minh City, plans to sell his luxury apartment in the city to invest in real estate in Binh Duong and rent it out to foreign professionals living and working there, as they often sign long-term leases of three to five years, which corresponds to their contract term.

As a result, he expects to make an additional 6-7% profit from renting out the property and an additional increase in the value of the property by 30-40% in the coming years.

“The problem currently is the limited availability of projects that meet the needs of this group of tenants,” Tan added.

Tran Le, 39, from Binh Duong, also has his eye on a number of projects in the area. Known for having the best infrastructure in the province, the central core has numerous 4- to 10-lane highways connecting major industrial areas and is adjacent to administrative, commercial and entertainment centers, further increasing the rental value of properties in the area.

Le has years of experience in renting to foreign professionals and revealed that not only single expats but also many professionals who come to Vietnam with their families are looking for high-quality projects.

Spacious, comfortable apartments in a safe and private environment with all amenities make them feel like a “second home” and are willing to pay high rents for longer stays.

Orchard Hill consists of two residential towers. Photo courtesy of Sycamore

Located in the heart of Binh Duong New City, the major Sycamore project, built by CapitaLand Development, offers 3,500 apartments in low, mid and high-rise buildings, creating a vibrant community for around 13,000 residents on 18.9 hectares.

The Orchard, Sycamore’s first phase of construction with 368 residential units and the Canopy Clubhouse with exceptional amenities, has been successfully launched.

Orchard Hill was recently unveiled as the first high-rise phase of the Sycamore master development project.

The project consists of 774 residential units in two 24-storey towers, Orchard Hill I and Orchard Hill II, and offers a diverse range of apartment types, from one- and three-bedroom apartments to luxury duplexes and penthouses.

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

Orchard Hill’s world-class amenities are tailored to the needs of foreign professionals. Photo courtesy of Sycamore

Orchard Hill also caters to the housing, socializing and entertainment needs of expats.

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

Working professionals and their families can enjoy convenient access to international hospitals and schools such as Singapore International School and Viet Hoa School.

For further information about the project, please click here or call the hotline 1800599986.