The study examines factors affecting apartment prices in the real estate market of Ho Chi Minh City, Vietnam. The study uses primary data based on surveys of customers who have traded successfully, and collects transaction data from real estate trading companies that are the top investors in Ho Chi Minh City real estate market. The collected data include 384 observations in a total of 24 districts, detailing that each district surveyed on a minimum of four projects, each project carried out a survey on a minimum of four apartments. The survey collected 339 valid questionnaires for analysis and model testing. This study employs multivariate regression with the data of 339 observations. The research results reveal that five significant factors affect positively the price of apartments in Ho Chi Minh City – apartment area, toilet and bedroom, apartment floor, reference price, and apartment interior. Besides, there are three significant factors affecting negatively the price of apartments – next price trend, distance to city center, and potential building. From the results, the research proposes solutions in the pricing of apartments in the real estate market in Ho Chi Minh City – better information system, a real estate transaction index, and stricter management of small brokerage activities.

Abstract
1. Introduction
2. Theoretical Framework
    2.1. Supply – Demand Theory
    2.2. The Hedonic Method
    2.3. Factors Affecting Apartment Prices
3. Research Method
    3.1. Research Data
    3.2. Research Model
4. Research Results
    4.1. Descriptive Statistics
    4.2. Multicollinearity Test
    4.3. Regression Results
5. Conclusion and Policy Recommendations
    5.1. Conclusion
    5.2. Policy Recommendations
References

• Ha Minh NGUYEN(President, Ho Chi Minh City Open University) Corresponding Author.
• Hung Quoc PHAN(Heineken Vietnam Brewery Limited Company)
• Tri Van TRAN(Ho Chi Minh Youth Union, Ho Chi Minh City Open University)
• Thang Kiem Viet TRAN(Faculty of Business Administration, Ho Chi Minh City Open University)