Share:

HO CHI MINH CITY MARKETBEAT REPORTS

Phuoc Vo • 12/04/2021
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: Low occupancy at newly completed developments, and softer performance at some existing Grade B buildings amid the impact of the pandemic, were a drag on both grades, with occupancy dropping around 3.0 pp q-o-q and 8 pp y-o-y, to stand at 87.5%.

Industrial: The overall average asking rent stayed the same q-o-q and increased by 7% y-o-y, mainly due to limited available supply and rising demand for industrial land amid the wave of companies moving production out of China.

Apartments for Sale: Grade A and Grade C recorded price drops of 9.8% and 2.2% q-o-q respectively, mostly due to the entrance of new projects at competitive prices.

Learn more by clicking our most recent Ho Chi Minh City MarketBeat reports below.

CURRENT MARKETBEAT

Office Buildings CBD
Ho Chi Minh City Office MarketBeat

Absorption in the quarter was primarily at new buildings. The market is expected to remain soft in the short-to-medium term.

Click here to download the report

Warehouse Internal Rack
Ho Chi Minh City Industrial Park MarketBeat

The occupancy rate stayed the same q-o-q and increased by 1 pp y-o-y, reaching 85.8%, mainly due to improved take up recorded at industrial parks in districts to the north of the city.

Click here to download the report

Warehouse Internal Rack
Ho Chi Minh City Apartments for Sale MarketBeat

New launches fell dramatically by nearly 74.3% q-o-q and 23.2% y-o-y to only 2,200 units. Grade B dominated with over 50.0% of new launches.

Click here to download the report

RELATED INSIGHTS

The Rise and Rise of ASEAN
Research • Investment

The Rise and Rise of ASEAN

In this report we look at some of the fundamental drivers changing the face of ASEAN, with a focus on the growing number of companies adopting a modified China+ manufacturing strategy and its knock-on impact on commercial real estate.
Dominic Brown • 08/07/2020
Covid-19 A Catalyst for Vietnam Manufacturing
Insights • Investment

Covid-19 A Catalyst for Vietnam Manufacturing

With 97 million young tech savvy population, Vietnam compared with its peers remains still one of the most competitive on labour cost and land lease, construction cost.
Paul Tonkes • 30/07/2020
APAC Cold Storage Logistics report
Research • Logistics

APAC Cold Storage Logistics: A Fast Growing Sector Riding on Vaccine and E-Commerce

Cold storage logistics is a sector that has gained traction in recent months. In this report we analyse the key factors driving the demand for cold storage in Asia Pacific and the opportunities for investments in this sector.
Shaun Brodie • 09/12/2020