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High Room Rents in Hanoi Lead to Increased Preference for Dorms Among Students

Students prefer dorms as room rents soar in Hanoi

With soaring room rents in Hanoi, H, a real estate broker in Thanh Xuan district, advertised a dorm room for VND1 million per person per month. The remaining bed comes with a discount for prompt tenants.

H also mentioned that the landlord has 10 similar houses for rent in Thanh Xuan, Bac Tu Liem, Dong Da, and Nam Tu Liem, priced between VND1.3 million and VND1.5 million.

Lan Anh, a student at the Banking Academy, shared her satisfaction with living in a 25 sq m dorm room in Dong Da district for VND1.3 million/month. This fee includes parking, wifi, washing machines, and refrigerators, with additional costs for electricity and water.

Dung, a taxi driver from Phu Tho, resides on the affordable sixth floor of a building, saving VND3 million monthly by sharing a room and opting for the top floor inaccessible by lift.

Landlords are now focusing on larger dorm rooms of 20-25 sq m, recognizing the growing demand for such accommodation over smaller alternatives.

Dorms offer economic benefits to tenants with low rents and amenities like washing machines, refrigerators, and water heaters available on-site for shared use.

Loc Nguyen, looking for affordable housing in Cau Giay, Lang, and Nguyen Chi Thanh streets, found limited options below VND4 million and turned to dorm rooms based on recommendations.

A Bac Tu Liem district landlord noted that the majority of dorm tenants are students and freelancers.


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