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

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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)

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“Shopping” for a virtual office during the Covid-19 pandemic is surprisingly beneficial.

Will your employees continue to work from home in the future? Is the current office no longer necessary in this difficult time?

VIETNAM OFFICE MARKET OVERVIEW 2023

Highlights of the office market in 2023

Why Are Offices Still Important in the Digital Age?

New technologies are changing the way companies work and compete with each other. Technology is not only affecting how companies work but have made an impact in working spaces too. In the past three years, we have seen growing trends of open workspaces and even virtual offices. Although the concepts of virtual offices and open workspaces have some merits and may cater to the needs of working, the traditional concept of ‘the office’ retains many of its benefits

Hanoi Grade A office rents to slightly rise in last months of 2022

Total new supply in Hanoi office market is estimated at 103,600 square meters in 2022.

VIETNAM NEWS HIGHLIGHTS - OCTOBER 2021

The lifting of Covid-19 related restrictions has been carefully made in most cities in Vietnam to resume their economic growth from October 2021 onwards.

VIETNAM NEWS HIGHLIGHTS - NOVEMBER 2021

The Vietnamese economy is actively recovering with a rebound in industrial production and retail sales, continued trade surplus and stabilized credit growth, a World Bank (WB) update says.

CJ BUILDING

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