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)

Source: Colliers (Vietnam)




news relative
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.
What Does “Hybrid Work” Really Mean?
Use the right hybrid work tools The best way to support employees in a hybrid work model is to offer them the right tools. By understanding that each person works differently, hybrid managers have a better chance to avoid a toxic productivity environment and improve employees’ mental health when they work from home. For example, managers can run a survey asking for peoples’ preferred working-hours. Another challenge in hybrid work is decision-making. A project can go badly if employees working from home are not considered in the process. Having a transparent way to communicate across departments can improve team accountability. After all, the main goal is to help people to stay motivated and focused at work.
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.
Việt Nam hopes to attract more capital from South Korea
In the next one to two years, the two countries can fully realise the "Dual Goals", which aims at the the milestone of US$100 billion in bilateral trade turnover and total accumulated investment.
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