Hai Phong is a vibrant city known for its rich history, bustling port activities, and stunning natural landscapes. It contains luxury hotels and family-friendly homestays, but for the expat community, there are specific neighborhoods we recommend to live a comfortable lifestyle. This article will outline the expected rental budgets and safety concerns as you explore the many styles of accommodation in Hai Phong.
Features of Hai Phong
Being home to the main port in northern Vietnam, the city is also known as the country's second industrial center and continues to increase its GDP year-on-year. In 2024, the GDP was estimated at nearly 288.5 VND trillion ($11.4 billion), an increase of 11% from the year before.
With just over 1.5 million inhabitants, Hai Phong's population is steadily increasing, and the ward authorities are giving the real estate market new momentum. Modern and luxurious homes are attracting more and more people from other cities to move for a slower pace of life. Other new buildings include shopping malls and various types of entertainment establishments, further making Hai Phong an attractive destination for all.
Why should I live in Hai Phong?
Hai Phong has an attractive and unique look about it: imagine streets adorned with crimson flame flower trees, architecture with a colonial look, as well as a variety of cultural activities specific to the region. If you're in town, be sure to check out the Du Hang Pagoda, Cat Ba National Park, Pelican Cave, Do Son Beach, and so much more!
If you live in Hai Phong, you won't find a shortage of exciting events to attend. The city is well known for the festivals it hosts, including events that celebrate temples, buffalo fighting, boat racing, and firecrackers! For expats who enjoy live music, international acts like Maroon 5 and Charlie Puth have performed here, and more are sure to be scheduled in the future.
Good to know:
There is less nightlife in Hai Phong compared to the other major cities in Vietnam.
Hai Phong is also a good starting base for traveling to other nearby areas, such as Cat Ba Island and Ha Long Bay, where tourist boat trips are particularly popular. These are a short bus ride or drive away from the city and are great for day or weekend trips.
The real estate market in Hai Phong
Hai Phong's real estate market has been developing rapidly in recent years. Expats from around the world have settled in Hai Phong, in the northeast of Vietnam. This city has been attracting more foreigners wishing to invest in property as well as an array of related projects. Through the sprouting of modern houses, apartments, and villas, the real estate market has contributed greatly to the economic growth of this city.
Property prices in Hai Phong
Hai Phong is more modern than Hanoi but a bit more traditional than Ho Chi Minh City, and this is reflected in the accommodation choices available to you.
Rental prices in Hai Phong vary depending on the number of rooms available, neighborhood, and level of comfort offered. In the past, it was far more difficult for foreign individuals to invest in real estate. However, in 2015, the Law on Residential Housing (LRH) was passed, equipping foreigners with easier access to property in Vietnam. Pricing for apartments in Hai Phong starts at 7 million VND (275 USD) and goes upwards of 11 million VND (430 USD) for a 2-bedroom apartment. Not every high-rise building has amenities, so we would encourage you to book a hotel first and spend a week viewing units to find the right fit. You can find an apartment using Hai Phong Apartments or the real estate listing page, Dot Property.
Safety concerns in Hai Phong
Hai Phong has had many flagged safety concerns regarding hostile older residents or even sexual assaults. We recommend following these safety guidelines to have the best experience while working in Hai Phong:
- Avoid unmarked taxis: While Grab App might have fewer drivers available in this region, we also recommend hiring a car for the weekend or using reputable companies only like VinaSun to ensure your safety.
- Keep all patio windows and doors locked: Stay vigilant and lock all windows and patio doors even when you are home.
- Keep your valuables secure: Pickpocketing can be common, especially in congested boardwalk areas. Make sure your zippers are against your body and you don't have any openings on your backpacks. If you feel like you are being swarmed by a group of people with the intent to confuse you, we recommend sitting on the ground or yelling loudly to cause a scene and embarrassment.
- Be cautious with tourist services: There will be a few popular tour guides, but we also recommend using websites like GetYourGuide or booking tours directly with the accommodation.
- Use credit cards and ATMs wisely: Be aware of ATM scams and use ATMs located in secure areas, such as banks and hotels. Avoid unlit ATMs.
- Traffic safety: Hai Phong, just like the rest of Vietnam, has busy streets. We encourage you to cross with confidence and use the pedestrian crossings when available.
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