Máy Chai Rent Prices in Ngô Quyền Ward 2026
Our Verdict
"Bougie"
The $8.5/m² median is a steep entry price that confirms the area's BOUGIE status, largely driven by a lack of mid-tier inventory. You aren't paying for peace and quiet here; you're paying for the strategic proximity to the Port of Hai Phong. This neighborhood analysis suggests the investment outlook remains aggressive, as landlords capitalize on technical expats who need to be within five minutes of the shipping terminals.
The Vibe:Máy Chai is a functional, industrial-adjacent landscape dominated by the heavy machinery of the Cấm River docks and the constant roar of container trucks on Lê Thánh Tông. The atmosphere is thick with the smell of river salt and diesel, attracting a population of maritime experts and logistics consultants. It is a transitional zone where old shipyard housing is rapidly being eclipsed by high-fenced residential projects.
The median rent price in Máy Chai, Ngô Quyền Ward is $8.5 per m² per month, 0% below the Ngô Quyền Ward city average of $8.5/m². Based on 1 verified rental data points as of June 2026.
Market Median · Máy Chai
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Neighborhood Peers
Quick Estimate
Máy Chai @ $8.5/m²/mo
District Highlights
Locals Ask
Why are the m² stats higher than neighboring wards?
The limited number of modern units means landlords can inflate the Average Rent, targeting high-income maritime professionals.
Is noise a dealbreaker on Lê Thánh Tông?
Yes, if you're sensitive to heavy truck traffic and horns, you'll need a unit with high-grade soundproofing.
How is the parking situation for residents?
Street parking is non-existent for cars due to narrow alleys; you must secure a spot in a newer development's basement.
Are there any recreational spots nearby?
The Máy Chai Stadium is the primary local outlet, though don't expect a modern fitness club experience.
What is the long-term investment outlook for Máy Chai rentals?
Yields are stable because the port isn't going anywhere, but the $13/m² ceiling is hard to break without better retail infrastructure.
Nearby in Ngô Quyền Ward
About This Data
Data Sources
Máy Chai prices are sourced from real market listings and verified location scans submitted by users in Ngô Quyền Ward. Each neighbourhood requires multiple independent data points before publication to ensure statistical reliability.
Methodology
We report median prices — not averages — to reduce outlier distortion. All figures are per square metre (per month). The 4/5 rating reflects price-to-value relative to local amenities, transit access, and broader market conditions in Ngô Quyền Ward.
Last Updated
This page was last updated in June 2026. AI-generated insights — including the vibe description, verdict, and FAQs — are regenerated whenever the underlying price data changes to keep analysis current.