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Ho Chi Minh City All Sector MarketBeat Q2 2022 Ho Chi Minh City All Sector MarketBeat Q2 2022


Ho Chi Minh City MarketBeat Reports

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

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Ho Chi Minh City MarketBeat Reports


Office: Overall, in 2022, positive absorption is recorded in both Grade A and Grade B. The South surpassed the CBD to become the most significant area of office absorption. This demonstrates that tenants are willing to consider non-CBD areas when faced with the limited supply in CBD.

Retail: Due to renovation/re-layout process and new supply near the end of 2022, occupancy rate was recorded lower YoY and QoQ.

Apartment: The average primary price in Q4 2022 was slightly up 21% QoQ, reaching approx. US$3,400 per sq.m. This increase was mainly due to the new launches from ultra-luxury and luxury projects such as The Opusk Residence Thu Thiem (Metropole Thu Thiem phase 4), De La Sol and Zeit River Thu Thiem, etc.

Landed Property: In 2022, new supply reached 1,200 units, increasing 12% YoY as the market recovered from the quiet year of 2021 due to Covid. 

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

Ho Chi Minh City All Sector MarketBeat Q4 2022
Download the report for more insights from our experts.


Office Buildings CBD
Ho Chi Minh City Office MarketBeat

In the next 3 years, the office market in Ho Chi Minh City will receive a series of newly completed office projects in prime locations like The Nexus (2023), The Hallmark (2023), The Crest Tower B (2023), The Sun Tower (2024), The Pearl (2024) and IFC One Saigon (2024).

Click here to download the report

Warehouse Internal Rack
Ho Chi Minh City Industrial Park MarketBeat

The market for ready-built factories and ready-built warehouses did not see a significant change in new supply, at 4,321,000 sqm and 4,702,000 sqm, respectively.

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Shopping Retail
Ho Chi Minh City Retail MarketBeat

Future retail projects are on the rise, with approximately 140,000 sqm of floor space currently under construction.

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Warehouse Internal Rack
Ho Chi Minh City Apartments for Sale MarketBeat

According to Cushman & Wakefield’s estimation, there will be more than 4,100 new apartments for sale by the end of this year and the East and South areas will lead the market.

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Cold Chain Logistics
Insights • Logistics

Cushman & Wakefield: Vietnam‘s cold chain market is expected to boom

Vietnam's cold storage market is expected to grow rapidly, reaching $US295 million in 2025.
Xuan Pham • 10/03/2022
5G for Commercial Real Estate
Insights • Technology

Why 5G is More Important Than Ever for Commercial Real Estate

Being better connected via 5G will become the new standard for commercial real estate.
Xuan Pham • 28/02/2022
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