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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: Overall average asking rents stayed stable q-o-q but dropped slightly by 2% y-o-y, mainly due to lower rents at new buildings, as well as rental reductions at some existing projects to attract tenants. The upwards trend is expected to resume when the market regains its momentum once the pandemic is effectively contained, and business activities fully recover. 

Industrial: Average asking rent rose by 2% q-o-q and 6% y-o-y, mainly due to limited available supply and rising demand. The overall rental level remained the highest nationwide -- 30% higher than Hanoi’s, 50% higher than Long An’s, 72% higher than Binh Duong’s, 88% higher than Dong Nai’s and nearly triple the rate at Ba Ria - Vung Tau. 

Apartments for Sale: The overall market average price rose by 19% y-o-y but decreased by 6% q-o-q, due to diminishing primary supply at high-priced projects. Grade B and C sectors recorded price growth of around 9% to 10% q-o-q and 18% to 24% y-o-y, driven by high-priced new launches and price increases in some prime location active projects. Meanwhile, Grade A prices decreased by 7% q-o-q but still showed an increase of 19% y-o-y.

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


Office Buildings CBD
Ho Chi Minh City Office MarketBeat

Overall occupancy was recorded at 90%, unchanged q-o-q but falling by 2 pp y-o-y, mainly due to low occupancy at new buildings.

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Warehouse Internal Rack
Ho Chi Minh City Industrial Park MarketBeat

Total industrial stock in Ho Chi Minh City remained unchanged at nearly 2,500 ha. Occupancy rose by 1 pp q-o-q and 2 pp y-o-y to reach 87%, mainly due to improved take-up at industrial parks in the city’s northern districts. 

Click here to download the report

Warehouse Internal Rack
Ho Chi Minh City Apartments for Sale MarketBeat

Grade B continued to be the most active segment, accounting for 80% of total new supply and nearly 85% of total transactions in the quarter.

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Vietnam Industrial MarketBeat H1 2022

Vietnam Industrial MarketBeat H1 2022

Cushman & Wakefield’s latest MarketBeat report analyzes Q2 2022 economic and commercial real estate activity. 
Trang Bui • 22/07/2022
Ho Chi Minh City All Sector MarketBeat Q2 2022 (English)

Ho Chi Minh City MarketBeat Q2 2022

Cushman & Wakefield’s latest MarketBeat report analyzes Q2 2022 economic and commercial real estate activity. 
Trang Bui • 12/07/2022
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