China
Secondary market
Buying a home that already has an ownership certificate from its current owner.
How it works in Vietnam
In Vietnam the seller pays personal income tax and the buyer pays the registration fee. The contract must be notarised, and there may be a brokerage fee.
In the calculator, choose “Resale from an individual” to see these lines.
Related terms
- Primary market
Buying a new home directly from the developer, usually an apartment.
- Personal income tax on transfer
A tax the seller pays when an individual sells a home, charged as a percentage of the sale price.
- Notary fee
The fee a notary office charges to certify the home sale contract, set in tiers by the contract value.
- Brokerage fee
The commission paid to a broker when a sale goes through, as a percentage of the price. The seller usually pays, and it can be negotiated.
Learn more
- How to read a rental yield
Gross and net rental yield, the costs to subtract, and why the yield in a listing is usually higher than what you will actually earn.