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In Pictures: Asia's Most Expensive Places To Live
  Read the full story Hana R. Alberts
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HOANG DINH NAM/AFP/Getty Images

No. 10: Ho Chi Minh City

Vietnam

Average rent of a luxury two-bedroom apartment: $1,800

Annual per-capita income: $2,800

The business hub of Southern Vietnam, Saigon's high-end real estate market is largely stable. In the third quarter of 2009, construction began on a dozen residential projects. Demand for those properties is robust: the Diamond Island, a luxury apartment complex, sold three-quarters of its 120 units before it opened.

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