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РусскийHigh-End Apartments — Projects Distributed by HPR
"High-end" is a common label in apartment sales, but each project means something different by it. Here is how to judge a high-end apartment properly, with the list of projects HPR advises on.
A high-end apartment is usually a unit in a building with a good location, and with design, materials and amenities above the general standard. However, the word "high-end" in advertising is not an official grade. Look at the real quality of the building and its management services.
Why buyers look at high-end apartments
- Location and connections. High-end projects are usually near the centre, by the river or on major roads, convenient for work and school.
- On-site amenities. Swimming pool, gym, park, community spaces and enough parking. These are what make the difference when you live there long term.
- Building management. Security, cleaning, lift maintenance, fire safety. A well-run building holds its value and is easier to rent out.
- Official grading is possible. Under Decree 95/2024/NĐ-CP, from 1 August 2024 apartment buildings are divided into 3 grades (grade 1, 2 and 3). Grading is voluntary: the developer or owners carry it out if they wish. If a project says it has been graded, ask for the official grading result.
What to check before you buy
- Legal status and deposit: for off-plan apartments, the 2023 Real Estate Business Law only allows the developer to collect a deposit of no more than 5% of the sale price once the project is eligible for sale. The first payment may not exceed 30% of the contract value, including the deposit.
- List of handover materials: read the contract appendix, not just the show flat. It should state the brands and types of fittings.
- Management fees and maintenance fund: management fees for high-end apartments are usually above average. Ask about the rate, how it is calculated and who the management company is.
- Car parking: ask how many spaces there are, the price to buy or rent, and whether one is guaranteed for your unit.
- Rental potential: look at rents for similar units nearby, and include management fees, taxes and vacant months. No level of return is certain.
How HPR can help
The list of high-end apartment projects HPR distributes is right below. HPR consultants will send you current price lists and sales policies, and compare projects by budget and by whether you plan to live in or rent out. You can check a project's legal status and work out your home-buying cash flow with HPR. If you have an apartment to resell, see our consignment service.
