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)
Source: Colliers (Vietnam)
HCMC office-leasing market recovers after pandemic. 
Priority actions to take - what businesses should do to help protect staff and customers 
Ho Chi Minh City plans to resume all economic activities after January 15, 2022, what should enterprises do to re-start their business? 
Hanoi Grade A office rents to slightly rise in last months of 2022 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
