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Choosing to rent a house in District 2 - the trend of young investors today

Real estate development causes house prices to rise, many people choose to rent houses in District 2 to live in instead of buying as before. Even investors with high financial capacity still choose to rent whole houses and luxury apartments in District 2.

As a key economic center, the demand for living and working in Ho Chi Minh City is increasing day by day, resulting in an increase in population density. One of the concerns of people is always finding a house that has all the convenient factors for life as well as work. Over time, the central districts of the city seem to have exhausted the supply of solutions to the housing problem, the choices are no longer diverse. Since then, solutions from neighboring areas began to appear, the most notable one is currently District 2. Why District 2? What are the advantages in this area? This article will summarize the information and answer those questions for you.

The geographical location of District 2 is highly linked with neighboring areas.

The geographical location of District 2 is highly linked with neighboring areas.

1. District 2- Ideal living environment

1.1 Prime location of District 2

District 2 is the area with the fastest growth rate in Ho Chi Minh City in recent years, prominent with Thu Thiem urban area, occupying the East Saigon area with a series of projects that have been expanded or newly built. These are the factors that make it attractive to investors and people who want to choose a modern and civilized area to settle down.

The geographical location of District 2 has a high connection with neighboring areas, namely: the East borders with District 9, the West borders with Binh Thanh District and the center of District 1, the South borders with District 7 and the province. , the North borders District 9, Thu Duc District. Besides, District 2 also borders with Dong Nai, Binh Duong and Ba Ria - Vung Tau provinces. District 2 becomes the intersection of many localities.

In addition, District 2 is also considered a vibrant commercial and financial center of Ho Chi Minh City.

1.2 Well-built infrastructure

Coupled with a favorable strategic location is the potential for economic development, real estate,... Infrastructure and transportation system in District 2 are well-invested and modern. 

District 2 plays an important role in trade - services and finance, has many advantages in planning and a large number of infrastructure works to link the old administrative center and key economic neighboring areas such as the high-tech center, the new urban area of ​​East Saigon, the continuous seaport system on the Saigon River.

The developed transport system has minimized congestion and traffic jams, making traveling quick and convenient.

The developed transport system has minimized congestion and traffic jams, making traveling quick and convenient.

The traffic system in District 2 is transparent and seamless. Many arterial roads of the area are strongly developed such as: Mai Chi Tho, Hanoi Highway, Luong Dinh Cua, ... Besides, there are larger-scale roads such as the Ho Chi Minh City highway. Ho Chi Minh City - Long Thanh - Dau Day, Thu Thiem tunnel, bridges linking with neighboring districts such as Saigon bridge, Rach Chiec bridge and Phu My bridge. The developed transport system has minimized congestion and traffic jams, making traveling quick and convenient. This has increased the quality of life for this area.

2. Rent a house instead of buying a house - a solution to reduce financial pressure

With the strong development of real estate in recent years, this market also has obvious changes in selling price. According to the survey, in the city. In Ho Chi Minh City, many types of products such as land plots, townhouses, apartments, ... have had a dizzying increase in prices. Housing prices increased, families faced many difficulties in paying for their houses. Faced with that problem, nowadays many young people tend to rent houses instead of buying houses to live in. 

According to many sources, currently the price of real estate is too high, while wages and incomes have increased very slowly over time. This means that in order to own such a high-priced house, either the buyer must have a very high income or the buyer must bear the burden of borrowing and repaying in a long-term form of 15-20 years depending on the loan

2.1 The rental price in District 2 is extremely attractive

Spend some money that can be used to pay for the monthly rent, in return the tenant can receive a lot of utilities. Tenants have many options, and flexibility is the biggest benefit of this type of rental. Tenants can choose a convenient location for work, do not receive pressure on loans if they have to buy a house, do not have to worry about maintenance and repair costs, and avoid unnecessary disputes. 

However, to evaluate objectively, buy or rent is the personal point of view of the customer. The solution to the above problem depends on preferences and finances. Renting a house has become a trend, so it is a solution that fits the dynamics of the young generation.

The monthly rental cost is low but in return the tenant can get a lot of conveniences.

The monthly rental cost is low but in return the tenant can get a lot of conveniences.

2.2 Searching for “place to settle” through Arental.vn

The trend changes, so the demand for rent is increasing, but customers wonder how to find a reputable and quality rental place, suitable for their personal needs and at a reasonable cost. 

To solve the above problems, Arental is pleased to accompany customers to provide the best services related to real estate. With a team of experienced, dedicated and knowledgeable staff, Arenal will help you find the right house. Besides, you can also search for information related to real estate on Arental's website completely free of charge. 

Please contact Arental so that you can choose the most suitable and convenient place to live. Ensure financial resources as well as effective investment solutions.

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