No More Midnight Calls: The 5 Best Property Management Companies in Vietnam for Hands-Off Investors
Owning a rental property in Vietnam often promises an effortless stream of passive income. That illusion fades the moment you wake up to a frantic notification about a broken pipe or a regulatory fine.
Overseas investors and local homeowners alike often struggle with the daily grind of managing a property here. The stress of maintenance affects everyone, regardless of where they sleep at night.
Navigating complex tenant laws, chasing late payments, and handling maintenance nightmares can quickly turn your investment into a demanding second job.
Thus, we vetted the top players in the market to find partners who actively maintain your asset and secure reliable tenants. These professionals bridge the gap between you and your property, ensuring seamless operations.
Here are the best property management companies in Vietnam that can finally take the weight off your shoulders.
How much does property management cost in Vietnam?
If you are looking for full-service management, most agencies in Vietnam charge a monthly commission ranging from 8% to 12% of the monthly rent.
For example, if your apartment rents for 25,000,000 VND, you can expect to pay around 2,000,000 VND to 3,000,000 VND per month for oversight. This usually covers tenant relations, rent collection, and coordinating maintenance.
However, there are other costs to keep in mind. Finding a new tenant typically incurs a leasing fee equal to one month’s rent for a one-year contract.
If you own a unit in a condo complex, you (or your tenant, depending on the lease) will also see a separate Building Management Fee charged by the building itself, often calculated per square meter, usually between 12,000 VND and 25,000 VND per square meter for high-end buildings.
1. WMC Group (Windsor Property Management Group)
Website: https://www.wmcvietnam.com/
Address: 193 Trần Hưng Đạo, Phường Cô Giang, Quận 1, Thành phố Hồ Chí Minh
Contact: 028 3838 8900
Schedule: Mon-Fri 8:15 AM – 6:00 PM
WMC Group brings a five-star hospitality mindset to the residential sector, operating with the precision of a luxury hotel brand.
Unlike standard agencies that might simply collect checks and disappear, WMC treats property management as a premium service.
Investors with high-end assets benefit most from this approach, as tenants feel like valued guests rather than just occupants. This ultimately leads to better retention rates and higher rental income.
Their team executes technical repairs with the same precision they apply to concierge requests, maintaining a level of professionalism highly sought after in the local market.
However, this premium service comes with a potential downside. Their corporate structure is designed for large-scale luxury projects and serviced apartments.
This means they are likely too expensive or simply unavailable for a landlord with a single, mid-range unit.
If you have a modest rental property, their high fees and strict entry requirements might be too much for your specific needs.
2. N-Asset Vietnam Company Limited
Website: https://n-asset-vietnam.vn/
Address: G Floor, Phuong Tower, 31C Ly Tu Trong, Ben Nghe Ward, District 1, Ho Chi Minh City
Contact: 028 3822 4300
Schedule: Mon-Sat 8:00 AM – 5:00 PM
N-Asset brings Japanese efficiency and reliability to the chaotic Vietnamese real estate market.
Their defining characteristic is a meticulous attention to detail and a strong connection to the Japanese expat community, which is a massive, reliable tenant demographic in Ho Chi Minh City.
If you want a hands-off experience where paperwork and contracts are handled with absolute precision, they are a strong choice.
I actually had a friend who used them to find a corporate lease, and she mentioned how relieved she was that they handled the tax invoices and police registration without her having to ask twice.
However, this rigorous adherence to process can sometimes feel overwhelming.
Customer Reviews
A real estate agency I can consult with with complete confidence
I always rely on them when I’m looking for housing for expatriates. They also handle detailed contract details and negotiations on terms and conditions, which is extremely helpful.
Whenever I have clients looking for real estate for work, I consult with them, and they are always quick to respond, kind and courteous, making them a real estate agency I can consult with with complete confidence.
- mana | Google Review (Translated)
I am satisfied with this real estate company
I was asked to move out of the apartment I was living in, and when I consulted them, they suggested a room that met my requirements. I thought I would have to compromise as I was very short on time, but they found a property with very favorable conditions.
I had used other real estate companies in the past, but I was quite dissatisfied with the after-sales service, but N-Asset’s staff, not only Japanese but also Vietnamese, respond quickly and courteously.
I am satisfied with this real estate company, as is the general affairs department of the company.
- K U | Google Review (Translated)
3. Toan Tien Housing Head Office
Website: https://toantienhousing.vn/
Address: Tropical House, Số 11 Tôn Thất Thiệp, phường Cửa Đông, quận Hoàn Kiếm, Hà Nội
Contact: 09 3448 9484 | [email protected]
Schedule: 24-Hour On-Call Service
Toan Tien Housing specializes in serviced apartments across Hanoi. They renovate and manage properties specifically for the short-to-medium term rental market, aiming to maximize yields for owners in the capital.
Instead of simply managing a property, they curate living spaces that appeal to tourists and business travelers who are looking for the comfort of a home rather than a temporary hotel stay.
I think this model works well if you have a property in a high-traffic area.
One drawback to consider, however, is that their business model relies heavily on the serviced apartment niche.
If you are looking for a simple long-term tenant for a raw, unfurnished commercial space or a basic house in the suburbs, their specialized service model might not align with your goals.
You might find their add-on services, such as cleaning and laundry management, unnecessary for a traditional low-maintenance lease.
Customer Reviews
Well worth the money I spent.
I recently rented a 2 bedroom apartment at Tropical House and found it well worth the money I spent. The apartment is spacious, clean and beautifully designed. The staff are very friendly, professional and enthusiastic.
- nguyen long | Google Review (Translated)
I recommend this
We booked this property through Airbnb, it was clean and peaceful and near old Quaters walking distance. It’s really difficult to get property near old Quaters which is peaceful as you will hear the traffic , vendors etc in most hotels & BnB, but this apartment is quite no disturbance , has proper entrance , no need to go through a coffee shop or any kind of shop to get to the rooms, there is security guard and cctv cameras , plus dedicated parking. Which is like very difficult to find in old Quaters.
I recommend this property.
- yamini mande | Google Review
4. Central Vietnam Realty
Website: https://cvr.com.vn/
Address: 333 Chuong Duong Street, Ngu Hanh Son District, Da Nang City
Contact: 023 6365 1839 (Office) | 0934 891 746 (WhatsApp, Zalo) | [email protected]
Schedule: Mon-Sat 8:30 AM – 5:00 PM
CVR concentrates its property management operations in Central Vietnam, specifically in Da Nang and Hoi An.
While big agencies fight over market share in Saigon and Hanoi, CVR has mastered the coastal markets, offering deep local insight that national chains simply lack.
From what I’ve seen, they bridge the gap between foreign investors and the complex local regulations in the central region, which can often be a headache to navigate alone. They handle the language barrier and legal nuances seamlessly.
The obvious limitation here, however, is geography.
If you have a diversified portfolio that includes properties in the north or south, CVR cannot be your single point of contact.
They are hyper-focused on the Central region, which is great for strict quality control, but inconvenient if you want one agency for assets spread across the entire country.
Customer Reviews
Very professional and friendly service
CVR provides a very professional and friendly service helping clients find the perfect house or apartment to rent or purchase. They helped our business multiple times and have always exceeded our expectations
- LST Da Nang Surf shop and Surf Lessons | Google Review
Made my property search a breeze.
I had a most delightful experience with CVR! Their exceptional service and dedication to finding the perfect property for me surpassed all expectations. The team’s deep knowledge of the local real estate market, combined with their professionalism and commitment, made my property search a breeze.
Thank you CVR!
- Dawid Frieske | Google Review
5. Visreal
Website: https://visreal.vn/
Address: 292 Ung Van Khiem, W.25, Binh Thanh District, Ho Chi Minh City
Contact: 0903 004 226 | [email protected]
Schedule: Daily 8:00 AM – 9:00 PM
Visreal specifically targets the modern, tech-savvy expat community in Ho Chi Minh City. Their “Online Apartment for Rent” solution allows potential tenants to view properties via live video.
This is a massive plus for out-of-state landlords who want to minimize vacancy time by securing tenants before they even arrive in the country. They simplify the process by moving the entire rental journey online.
I tried using their online search tool recently to see how user-friendly it was, and the response time was impressive compared to other local sites.
However, it is worth noting that their inventory and expertise are heavily concentrated in high-demand expat districts like Thao Dien and Binh Thanh.
If your property is in a more local, outlying district, they might not have the same marketing reach or tenant pool to fill your vacancy quickly.
Customer Reviews
The team was so professional and friendly.
I’m so glad I chose Visreal to find an apartment. The team was so professional and friendly. We felt very well taken care of by our agent Jennie. She was always available and went the extra mile to make sure we were comfortable throughout the process.
- Anudari Bat | Google Review
Highly recommended for any search for apartments in HCMC.
Visrel has been very professional with all my requests.
Shout out to the staffs. They have been very accommodating to a lot of my issues, even while I am away on business trips.
The team is highly recommended for any search for apartments in HCMC.
Keep up the good good team.
- Thank you.Concetta Adams | Google Review