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HO CHI MINH CITY MARKETBEAT REPORTS

Phuoc Vo • 07/10/2020
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: No new projects were completed in Q3. With limited availability in Grade A offices, absorption in the quarter was primarily in new Grade B entrants from the previous quarters.

Industrial: Overall average rent rose significantly by 4.9% q-o-q and 9.4% y-o-y, mainly due to limited new supply and rising demand for industrial land amid the wave of companies moving production out of China.

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
Limited available leasable space in the CBD continued to sustain high rental levels at new buildings and to prompt rent increases at existing properties in prime locations.

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Warehouse Internal Rack
Ho Chi Minh City Industrial Park MarketBeat
The overall market rent remained the highest nationwide, 30% higher than that of Hanoi, 60% - 70% higher compared to Binh Duong and Dong Nai, and more than double that of Ba Ria - Vung Tau.

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Author

Phuoc-Vo_Headshot_VN
Phuoc Vo

Director
District 1, Vietnam

+84 28 3823 7968 x148

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