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HO CHI MINH OFFICE MARKET IN 2018 PREDICTION

According to Savills,  occupancy of office buildings in Ho Chi Minh is at high rate (95% in all quarters in 2017) thanks to the recovery after crisis and FDI inflow into Vietnam contributing to boosting market demand. Furthermore, office supplies in 2017 increased by 6% are predicted to keep rising in 2018, together with the rise in operating capacity of offices.

According to CBRE, although the rental price is high (38 USD/m2/month for grade A, 21 USD/m2/month for grade B), due to increasing demand, it is forecast to keep rising by 2% in 2018 – 2020. The office market in Vietnam is also predicted to focus on grade A segment from 2020.

Meanwhile Cushman & Wakefield had bolder prediction compared to CBRE and Savills. Because the rental price in 2017 had reached the its peak since 2009, and due to low office vacancy rate, Cushman & Wakefield predicted that some grade A towers in district 1 could increase to 20% in 2018.

 

Source:

https://nld.com.vn/thi-truong-nha-dat/gia-thue-van-phong-hang-a-tai-tp-hcm-co-the-tang-20-20180205103406969.

htmhttp://www.cbrevietnam.com/Vietnam-Property/cbre-prices-and-occupancy-rates-of-office-will-increase-in-2018.cbre?lang=vi

http://vn.savills.com.vn/_news/article/102247/157826-0/1/2018/bao-cao-th%E1%BB%8B-tr%C6%B0%E1%BB%9Dng-savills-vi%E1%BB%87t-nam—phan-khuc-v%C4%83n-phong-tphcm-q42017

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