Things to know when leasing high-end apartment at THE MARQ or ANY apartment in Ho Chi Minh City, Viet Nam
⚡️Rental period: Minimum 6 months, normally 1 year to have a good price
(Air BnB is currently limited for apartment residence, by Law)
Apartment status: Mostly fully furnished (very little basic furniture)
➡️So if you rent The Marq, no need to buy anything else like equipment.
⚠️Notes before deciding to move in:
✔️Check all the furnitures into the apartment. Make sure all is in good condition.
✔️Check the electrical and water systems if they are working well or not. And ask the owner to repair them before you decide to rent this apartment.
❌️Remark: You can save pictures of some places that are not working well, but not affect your living process, to make sure that is not your fault. And guaranteed you will recieve your deposit back when the lease end.
✅️This often happens in old apartment, The Marq is a high-end apartment and have just been handed over so the equipments is extremely in good condition.
Payment process
Normally Deposit is 2 months of the rent for fully furnished. (Basic furnished is just 1 month).
This amount depend on how the furniture luxury of the apartment is; it mean the owner pay how much to invest for the furniture of their apartment, then they can take a higher or smaller deposit.
Amount 2 months deposit divided into 2 period payment:
1st: When you seeing and liking the apartment. Amount of deposit likely half or 1 month of the rent.
2nd: The day when you moving on your favorite apartment.
This 2-months deposit will refunded when your lease end.
Payment method: Direct to the owner if you are feeling not sure your agent is good or not. The way to Check the right owner: See name on the Pink Book or Sale Purchase Agreement / Long Term Leasing. Or anything related.
Payment monthly rent: At the beginning of each month. From 1st to 7th to the owner.
⚠️Additional fees to pay during the tenancy:
Management fee: In some cases, the owner will add into the rental price, so the tenant may not need to pay it, but most of time the Tenant have to pay this amount. Around 0,4 – 1,2 $/sqm/month (Depend on what the company management that building it is)
Using power fee: Depend on the Government
+ Electrical fee: ~3k vnd/kWh (0,12$/kWh)
+ Domestic water fee: 0,34 – 1 $/ m3/ month (usually 6 – 8m3/person/month)
Pay to the Landlord when the monthly bill comes in:
+ Internet fee: ~16$/month
+ Slot parking fee (if you have)
Bike/motorbike: 4 – 15,5 $/month
Car: 90 – 240 $/month. Or pay along hour
(depend on the location and the management of the building)
Procedures you need to be carried out by an agent when renting long-term or short-term apartment at The Marq or any other apartments in HCMc to legally stay
Register with the Building Management Company to be authorized to use whole the apartment and amenities as a resident of the building
– This registration helps you connect directly with the receptionist and the building’s technical department when you need to make any requests related to the building’s general management if you need immediate support.
– And you could pay the management fee and water bill directly in cash for receptionist or by bank transfer to the management company when bills come.
♻ At The Marq, the Management fee is paid on the 10th of the following month (stay first, then pay the management fee)
+ The building management company at The Marq is Savills.
+ Management fee includes all amenities: swimming pool, gym, yoga, sauna, ect …
⚡ About electric bill, you will be provided a PE… number so that you can pay directly to Vietnam Electricity through some of linked applications (Momo, bank).
The bill for the previous month will be sent on the 10th of the following month.
And you must pay before the 14th to ensure the power is not cut off.
♠ You need to provide more information so that the building can connect directly when needed: email and phone number
This information is committed to keep secret and will not be used for any purpose other than managing the general safety of the building.
♦ You will be provided a set of relevant information at the Reception, And it need to confirm of both you and landlord.
⇒ Register temporary residence with the authorities. Your agent or landlord would do it for you
– This registration can be done online at the Website or by using the declaration form.
– Information you need to provide more: work visa or tourist visa with the latest stamp attached.
Zalo
