OVERVIEW OF THE OFFICE MARKET IN Q1/2024

According to Savills's report, by Q1/2024, total stock of Grade A increased by 7% QoQ and 43% YoY. Four new Grade A buildings delivered since 2023 have been large-scale, and green-certified. 


Regarding solid performance, while Grade B and C maintained occupancy above 90%, Grade A fell to 84% down due to new supply.


Deals mainly came from expansion and relocation of tenants. 


In general, the office market in HCMC in Q1/2024 has optimistic signs compared to the end of 2023.


Source: https://vn.savills.com.vn/services/research/vietnam-quarterly-market-report-qmr-q1-2024.aspx?source=fb#contact-box 

Source: Savills' report

news relative
Việt Nam hopes to attract more capital from South Korea
In the next one to two years, the two countries can fully realise the "Dual Goals", which aims at the the milestone of US$100 billion in bilateral trade turnover and total accumulated investment.
VIETNAM REAL ESTATE INVESTMENT MARKET OVERVIEW AND OUTLOOK 2022
The Covid-19 outbreak caused great disruptions to the Vietnam real estate market in the year 2020 to 2021. However, production and business activities have since gradually regained growth momentum, and the Government's policy to push socio-economic recovery and development has shown positive effects since the beginning of this year. In the first 9 months of 2022, Vietnam attracted about US$15.4 billion in foreign investment, up 16.2% over the same period last year. Real estate investment continues to rank second among sectors attracting the most foreign direct investment with over US$3.5 billion received, accounting for 18,7% of the total amount of investment. GDP in the first nine months of 2022 increased by 8.83% over the same period last year, the highest growth in the past decade. This shows that Vietnam is still among the markets with great potential for investment in the Asia Pacific region.
Co-working Spaces vs. Shared Workspaces. What's the Difference?
If you are looking for a place to work away from home, then coworking spaces and shared office spaces are two popular options to choose from. However, people often mistake the two interchangeably. It is important to distinguish one from another to make an informed decision so keep reading to understand their differences.
Must-have items to keep you productive in office
You bundle into the office a couple of minutes before 9 am, with a large coffee in your hand and a look of worry on your face. With deadlines to fulfill and clients to meet, keeping yourself productive throughout the day can become a task in itself. While many of us do actually enjoy our jobs, finding that productive rhythm can be a struggle at times.
Priority actions to take - what businesses should do to help protect staff and customers
Six steps to protect yourself, your staff, and your customers during coronavirus.
CJ BUILDING

2 Bis - 4 - 6, CJ BUILDING

No. 6 Le Thanh Ton street, Sai Gon Ward, HCMC

Tel: +84 28 6255 6800 | Fax: +84 28 6255 6801

Email: leasing@cjbuilding.com.vn

Copyright @2019 CJ BUILDING. All rights reserved