vietnam-real-estate-invesment-market-overview-and-outlook-2022

VI EN

VIETNAM REAL ESTATE INVESMENT MARKET OVERVIEW AND OUTLOOK Q2.2023

PERFORMACE

The rent remains at a steady level.

Stable rental prices were observed in the office market of Ho Chi Minh in Q2 2023.However, the occupancy rate slightly decreased compared to the previous quarter, with Grade A offices reaching 92% and Grade B offices achieving 75%. Additionally, the average rental prices remained relatively unchanged, with Grade A offices ranging from 41-67 USD/sqm/month and Grade B offices around 36 USD/sqm/month. New projects entering the market in outer CBD areas showed a promising occupancy rate of approximately 20-25%. Furthermore, investor are actively seeking tenants, and it is expected that the occupancy rate will increase in the near future.

Source: Colliers (Vietnam)

news relative

OVERVIEW OF THE OFFICE MARKET IN Q1/2024

How to make a QR code for your office for customer health declaration during the Covid-19 pandemic

A QR code can raise the possibility of customers checking in before entering your office, therefore easy for you and the Government to keep track of the number of people checking in/ out and contact those exposed to Covid-19.

NEWS HIGHLIGHT - SEPTEMBER 2020

HCMC office market set to become tenant-favorable in 2023

Ho Chi Minh City’s office market is likely to witness a transition from a landlord-favorable to a tenant-favorable sector in the new year, according to data released Friday by Knight Frank Vietnam. Capping off a year that proved solid for landlords, this fourth quarter saw moderate year-on-year rent increases for Grade A landlords to the tune of 2.6%, and a positive net absorption mostly coming from the Saigon South sub-market in HCMC, Vietnam’s largest economic hub, according to the real estate firm.

VIETNAM NEWS HIGHLIGHTS - AUGUST 2021

The Vietnamese Government is showing its drastic actions to implement its vaccine diplomacy policy for containing the Covid-19 pandemic to soon return to new normal life and recover the manufacturing nationwide.

HCMC office-leasing market recovers after pandemic.

The market for leasing offices in HCM City is improving with the bright spot being combined offices as a viable and cost-optimal solution, according to Savills Vietnam.

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