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

HCM City’s office space market rebounds strongly

Office space for lease in Ho Chi Minh City in the first half of 2022 continued to make a recovery with a total net absorption area of about 21,000 sq.m, equivalent to 38% of 2021, although the new supply remained limited, according to real estate firm CBRE.

VIETNAM NEWS HIGHLIGHTS - SEPTEMBER 2021

Provinces and cities in Vietnam gradually returning to new normal in September, promising an economic boost for the last three months of 2021.

Việt Nam's economic growth forecast at 7.5 per cent in 2022

Việt Nam’s GDP growth is forecast to surge from an estimated 2.6 per cent in 2021 to 7.5 per cent in 2022, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.

VIETNAM OFFICE MARKET OVERVIEW 2023

Highlights of the office market in 2023

5 ways to save your office costs during the Covid-19 pandemic

No, you don’t get it wrong? Your office is a good place to start, and here are some ways to help you reduce office costs.

Risk assessment – A precondition to control the risk of transmission of coronavirus in workplace

As an employer, you must protect people from harm. This includes doing a risk assessment to decide what reasonable steps you need to take to protect your workers and others from coronavirus (COVID-19).

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