Ho Chi Minh City Announces New Framework for Apartment Management Fees
The Ho Chi Minh City People’s Committee announced a new framework for apartment management and operation fees on November 9, effective November 25. Monthly fees are based on usable apartment area and vary by location and whether the building has an elevator. The framework applies to publicly owned apartment buildings and serves as a reference for fee negotiations and disputes involving other buildings.
The Ho Chi Minh City People’s Committee announced a new framework for apartment management and operation fees on November 9. The decision takes effect on November 25, 2026. Fees are calculated monthly per square meter of usable apartment area, with ranges determined by location and whether the building has an elevator.
Ho Chi Minh City announces a new framework for apartment management and operation fees. File photo（VietVance）
In Ho Chi Minh City’s wards and communes, the fee range is VND 1,800 to 13,700 per square meter per month for apartment buildings with elevators and VND 600 to 8,800 for those without elevators. Rates are higher in the Côn Đảo Special Zone: VND 3,200 to 24,700 for buildings with elevators and VND 1,100 to 15,800 for those without elevators.
These rates exclude value-added tax. They also exclude fire and explosion insurance, maintenance funds, parking fees, fuel and energy costs, domestic water charges, television and communications services, remuneration for the building management board, and other services provided specifically to owners or occupants.
The new framework applies to the collection of management and operation fees for publicly owned apartment buildings. For buildings that are not public assets, parties may use it as a reference when negotiating service fees or resolving fee disputes. If the management unit and residents have not agreed on a price, the unit may temporarily charge the rate applied in the preceding year or another rate, provided it does not exceed the prescribed range. The temporary rate applies until the parties reach an agreement.
Contracts signed before the decision takes effect that remain valid will, in principle, continue at the price agreed by the parties or approved by the apartment owners’ conference until they expire, unless the parties agree to amend them or the law provides otherwise. For contracts newly signed, renewed or amended as to price from November 25, the parties must set the price in accordance with the 2023 Housing Law, Decree No. 95/2024/NĐ-CP and relevant regulations.
Source: VietVance
