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HO CHI MINH CITY MARKETBEAT REPORTS

Phuoc Vo • 20/07/2020
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 rates at newly completed developments, and softer performance at some existing buildings amid the impact of the pandemic, were a drag on both grades, with occupancy dropping around 4.0 pp compared to the past quarter.

Industrial: Total industrial stock in Ho Chi Minh City remained at nearly 2,500 ha, unchanged on both a quarterly and yearly basis. Overall, the sector has been the least impacted by the COVID-19 pandemic.

Apartments for Sale: New supply dropped significantly in the period, down 50% q-o-q and more than 60% y-o-y, due to the impact of the COVID-19 outbreak and subsequent social distancing measures implemented in April 2020.

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

Grade A supply was unchanged on both a quarterly and yearly basis.

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Warehouse Internal Rack
Ho Chi Minh City Industrial Park MarketBeat

Occupancy remained stable q-o-q and rose 1 pp y-o-y to 89.8%.

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Warehouse Internal Rack
Ho Chi Minh City Apartments for Sale MarketBeat

The market is now expected to recover strongly in the second half of 2020, with many new projects projected to launch or re-open for sale.

Click here to download the report

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