When you want to stay longer

Most of our tenants extend at least once. Easiest case in the playbook.

How extension works

Past the initial six-month lease, you’re automatically on month-to-month with 30 days notice in either direction.

To extend, do nothing. You’ll keep paying rent on the same schedule and the apartment stays yours. The lease quietly continues. We don’t need a new contract.

To switch from month-to-month back to a fixed term (often useful for visa applications or peace of mind), tell us. We can write a new 6 or 12 month fixed-term lease at the same rate.

What about rate changes

Your rate is locked at what you originally paid for the duration of your initial six-month term. Past that:

• Most cases: rate stays the same. Markets in Saigon, Đà Nẵng, and Hanoi don’t usually move enough month-to-month to change this.
• Larger markets shifts: if the apartment’s market rate has moved by more than 10% (up or down), we offer you the lower of (current market rate, +10% on your current rent). We don’t squeeze a sitting tenant on rate.

If we ever propose a rate increase, you’ll get at least 30 days notice and an explanation of why. If the new rate doesn’t work for you, you can give 30 days notice and leave at the old rate.

What about a new fixed term

Some tenants prefer a fixed term over month-to-month, usually because of visa stability, paperwork, or just wanting the certainty.

If you want to lock in another 6 or 12 months at the current rate, message Trang. We’ll send a short addendum to your lease confirming the new term. Takes about 24 hours.

Tenants who lock in a longer term sometimes get a small thank-you: a free month of cleaning, a deposit reduction, or a small rent discount. We don’t advertise it as a feature, but we do it for tenants who are committing for the long stay.

What if you want to extend but to a different apartment

Sometimes after six months you want something different: a different neighborhood, a different size, a different city. Message us and we’ll see what’s available.

If we move you to another Wu and Kin apartment, your deposit transfers to the new unit (we just adjust for any rate difference). You don’t pay another deposit. You don’t pay a relet fee or move-out cleaning fee. It’s just a move.

If you’re moving outside Wu and Kin (to a different city, a different operator, your own place), that’s a normal exit and we handle it like any exit: walkthrough, deposit return within 7 days.

What if you’re not sure yet

It’s okay to not decide until close to the date. Month-to-month means month-to-month: you have until 30 days before you’d want to leave.

If you’re undecided and would like to talk it through, message Trang. We’re happy to think it through with you, not to convince you to stay but because most tenants find their second six months easier than their first.