Apartment elevator | Detailed pricing and key factors to consider

02-10-2026

For multi-story residential projects, understanding apartment elevator prices is an important step before installation. Costs depend not only on the brand but also on load capacity, number of floors, and technical configuration. In particular, Shanghai Mitsubishi elevators are widely used in Vietnam thanks to their reasonable pricing and configurations suitable for various types of projects.

How much do apartment elevator prices cost today?

In practice, apartment elevator prices can vary considerably depending on the elevator type (locally assembled or imported) and technical specifications.

Reference elevator price by load capacity

Load capacityPassenger capacityLocally assembled priceImported price
630kg8–9 peopleVND 370–500 millionVND 700–820 million
825kg9–12 peopleVND 450–650 millionVND 750–950 million
1050kg13–15 peopleVND 500–700 millionVND 850 million–1.2 billion

We recommend having Viet Chao conduct a site survey before finalizing the quotation to ensure pricing accuracy.

Apartment - elevator - prices - for- high-rise -buildings
Apartment elevator prices for high-rise buildings

See more : Everything you need to know about Shanghai Mitsubishi Elevators?

Factors affecting apartment elevator prices

To understand why prices can vary significantly, it is important to consider the following technical factors:

Elevator type and apartment elevator prices

  • Locally assembled elevators: Cabins are manufactured domestically while components are imported, resulting in lower prices and easier maintenance.
  • Fully imported elevators: All components are supplied as a complete system from the factory, resulting in higher prices and more consistent operation.

Load capacity and number of stops

  • The higher the load capacity, the higher the cost.
  • High-rise buildings can increase the cost by approximately VND 10 million per floor.

This is the most important factor when calculating the price.

Elevator speed

  • High speeds (≥1.75 m/s) are suitable for high-rise buildings.
  • Higher-performance motors and advanced control systems may increase costs.

Cabin interior and additional features

  • Mirror stainless steel cabins, glass cabins, and customized designs → higher costs.
  • Additional features: Automatic rescue device, keycard access control, camera, intercom, etc

LEHY-PRO elevator installed by Viet Chao in Da Nang

See more: Everything you need to know about Shanghai Mitsubishi Elevators?

Why Shanghai Mitsubishi apartment elevator prices are competitive

In the mid-range apartment elevator segment, Shanghai Mitsubishi is a popular choice for mini apartments and rental housing thanks to its balance between cost and performance.

Modern motors and control systems

  • Uses gearless traction machines to improve energy efficiency.
  • Stable control systems designed for continuous operation.

Flexible load capacity

  • Common load capacities: 630–1,800 kg
  • Well suited to peak-hour passenger demand

Suitable speeds for various types of buildings

Building typeElevator speed
Mini apartment buildings≥ 1.0 m/s
Mid-rise apartment buildings 1.0 m/s – 1.75 m/s
High-rise apartment buildings≥ 1.75 m/s

Elevator speed directly affects the user experience and apartment elevator prices.

Shanghai Mitsubishi observation elevator
Shanghai Mitsubishi observation elevator

See more : Shanghai Mitsubishi Panoramic Lifts 

Apartment elevator solutions from Viet Chao

In Vietnam, Viet Chao provides elevator solutions for a wide range of buildings and is a distribution and integration partner for Shanghai Mitsubishi Elevator systems, offering configurations tailored to the local market.

  • Consultation on suitable configurations based on specific needs
  • Cost-effective Shanghai Mitsubishi elevator solutions
  • Hoistway design support
  • Stable operation and long-term energy efficiency

Apartment elevator prices depend on various factors, including load capacity, number of floors, speed, and elevator type. Contact Viet Chao for detailed information on specifications and prices for Shanghai Mitsubishi apartment elevators.

Viet Chao technicians installing apartment elevators
Viet Chao technicians installing apartment elevators

See more: Shanghai Mitsubishi’s premium villa elevator cabin price revealed

Viet Chao – Authorized Shanghai Mitsubishi elevator dealer

Viet Chao focuses its resources and technical expertise on Shanghai Mitsubishi elevators, a globally recognized elevator brand. We not only supply imported elevators but also provide comprehensive technical solutions tailored to the Vietnamese market:

  • Proven reputation through thousands of projects: As an official SMEC dealer since 2009, Viet Chao has extensive hands-on experience with shopping malls, office buildings, hospitals, and private residences nationwide.
  • Competitive pricing: As a leading strategic partner, we offer competitive pricing and attractive policies for genuine SMEC elevators.
  • Risk insurance of up to VND 1 billion: We demonstrate a strong commitment to customer protection with insurance coverage of up to VND 1 billion per incident, providing greater peace of mind.
  • Comprehensive services and specialized technical expertise: With engineers professionally trained by the manufacturer, Viet Chao provides comprehensive solutions from design consultation and installation to professional maintenance in accordance with international standards.
  • Nationwide offices and 24/7 support: Our service team can arrive at the site within 20 minutes after receiving an emergency notification.

With more than 22 years of industry experience, Viet Chao is proud to be an authorized distributor of premium imported elevators from leading global brands such as Shanghai Mitsubishi, Xiolift, and European brands such as MP Lifts. We are committed to providing fully imported elevators with refined finishing, meeting a wide range of aesthetic requirements, from modern styles to luxury designs. At Viet Chao, every product combines international safety technology with professional and dedicated after-sales service. Contact Viet Chao at 0898 552 888 for expert advice on the right elevator solutions for your project.

Learn more: Shanghai Mitsubishi escalator and moving walkway | Exceptional durability

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