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HO CHI MINH CITY MARKETBEAT REPORTS

Phuoc Vo • 11/01/2021
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: Limited available leasable space in the CBD continued to sustain high rental levels at new buildings, prompting rental increases at existing properties in prime locations.

Industrial: The occupancy rate rose by 1 pp on both a quarterly and yearly basis to reach 85.6%, mainly due to improved take up recorded at industrial parks in districts to the north of the city.

Apartments for Sale: With COVID-19 infection rates well managed and a more optimistic economic outlook, launch activities and transactions rose as developers and buyers grew confident.

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

Overall rental rates for both grades remained stable q-o-q and up 1.7% y-o-y. This upward trend is expected to persist in the short to medium-term.

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Warehouse Internal Rack
Ho Chi Minh City Industrial Park MarketBeat

Overall, the sector has been the least impacted by the COVID-19 outbreak. Total industrial stock in Ho Chi Minh City remained unchanged at nearly 2,500 ha.

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Warehouse Internal Rack
Ho Chi Minh City Apartments for Sale MarketBeat

Overall sales volume rose modestly by nearly 1.0 % q-o-q but declined by over 20.0% y-o-y.

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