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

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.

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.

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.

“Hub & Spoke” - A promising trend for the office rental market in Ho Chi Minh City and the potential in Tan Phu

Ho Chi Minh City’s Tan Phu is a district on the rise

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 - JANUARY 2022

GDP of Vietnam is expected to rebound to 5.5 percent growth in 2022 in a scenario where the pandemic is under relative control both at home and abroad. The rebound of the economy will be supported by a more accommodating fiscal policy, at least in the first part of 2022.

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