The Cost of Owning at The Marq: Management Fees and What the Price Excludes

Posted by Khoi Pham on September 15, 2026

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Elevated swimming pool at The Marq, District 1

The quoted price at The Marq excludes 10% VAT, the car parking bay and the furniture package. Together those three are enough to shift the arithmetic materially if they are not modelled from the start. This article lists every cost a Marq owner will meet — from the one-off items at purchase through to monthly running charges and the tax position on rental income.

What the quoted price excludes

This is where buyers most often understate the total. The apartment price quoted in the price list excludes three items:

Item	Note
Value added tax at 10%	Calculated on the apartment value
Car parking bay	The buyer has priority to select one named bay
Furniture package	Priced separately, not included in the apartment price

One detail about the parking bay that is easy to misread

The buyer has the right of first refusal on one named car parking bay. But declining the bay does not reduce the apartment price — because the quoted price never included it. It is an option to buy, not a bundled item. Ask for the parking price at the quotation stage rather than at contract signing.

On top of these sits the statutory 2% maintenance fund, usually payable at handover.

Residents’ arrival lobby at The Marq

Monthly running costs

Item	Rate	Note
Management fee	30,800 VND per m² per month	Multiply by the apartment area
Motorbike parking	281,000 VND per month	Current rate
Car parking	350,000 VND per month	Currently not subject to VAT under prevailing rules

At 30,800 VND per m², a two-bedroom apartment of around 76 m² works out at roughly 2.3 million VND per month; a three-bedroom of around 110 m² at roughly 3.4 million VND per month. That is competitive for prime central stock — several comparable District 1 buildings charge materially more.

Why the management fee deserves a serious comparison

It is a fixed cost for the entire holding period and it feeds directly into net income if you let. A difference of 10,000 VND per m² per month on a 110 m² apartment is over 13 million VND a year — repeating every year. When comparing two buildings in the same district, put the management fee next to the purchase price rather than treating it as a footnote.

Units that come with a tenancy in place

Part of the Marq release consists of apartments with live tenancy agreements. For an investor that can be an advantage: income from day one, with no void period while a tenant is found.

Three things to establish before committing:

The remaining term of the lease. Each unit has its own agreement on its own term — ask by unit code, not in general.
The contracted rent. A lease signed earlier may sit below the current market level.
The assignment terms. How the tenancy transfers on a change of owner, who holds the tenant’s deposit, and how it is handed across.

Elevated amenity deck at The Marq

Indicative rent levels by unit type at The Marq are set out in detail in the project guide — see the related reading at the end of this article.

Tax on rental income

If the purpose is to let, this belongs in the model from the outset. Current rules apply a threshold of 1 billion VND of revenue per year, measured against an individual’s total rental revenue rather than each property separately:

Case	Obligation
Total rental revenue below 1 billion VND per year	Exempt from tax, but a declaration is still required
Total rental revenue of 1 billion VND per year or more	5% VAT on the whole revenue, plus 5% personal income tax on the amount above 1 billion VND

At prime District 1 rent levels, a three or four-bedroom apartment can take an owner close to or past the 1 billion VND threshold on a single unit. That is why the tax position belongs in the cash flow model at the point of purchase, not at the end of the tax year.

Frequently asked questions

What is the management fee at The Marq?

30,800 VND per square metre per month. A two-bedroom of around 76 m² works out at roughly 2.3 million VND per month; a three-bedroom of around 110 m² at roughly 3.4 million VND per month.

What are the parking fees at The Marq?

281,000 VND per month for a motorbike and 350,000 VND per month for a car at current rates. Car parking is currently not subject to VAT under prevailing rules.

Does the quoted price at The Marq include VAT?

No. The quoted price excludes 10% value added tax, the car parking bay and the furniture package. The statutory 2% maintenance fund also applies.

If I decline the parking bay, does the apartment price drop?

No. The quoted price never included the parking bay, so declining it does not reduce the apartment price. It is a right of first refusal to buy, not a bundled item.

What tax applies to letting an apartment in Vietnam?

If an individual's total rental revenue is below 1 billion VND a year, it is exempt but must still be declared. From 1 billion VND, 5% VAT applies to the whole revenue plus 5% personal income tax on the amount above 1 billion VND.