Vietnam office market to enter a new year of uncertainty
MarketPrime office rent across Ho Chi Minh City in Q4 2019 experienced a decade peak amid rising demand and limited supply while new launch drives up the total supply of Hanoi Grade B segment to 1.8 million square meters.
Which segment will take over the office pipeline in the new decade?
MarketCountry-wide, Grade A office is gradually leaving the stage to Grade B and flexible workspace. Nonetheless, the premium segment still retains its high occupancy and rent considering stable demand from foreigners
From the five-year high of rent to the boom of Hanoi co-working offices
MarketThe improved business environment and policies had brought Vietnam 28,450 newly established ventures and a total registered capital of US $16.5 billion in Q1/2019, Savills reported. This seriously pushed demand for office spaces and expanded what used to be known as CBD.
Average rent of Saigon serviced apartments reaches $38 per sqm
MarketGrade A serviced apartments in Ho Chi Minh City have an average rent of $38 per sqm per month because of the high demand of foreigners, CBRE Vietnam reported.
Hinode City, a pure and green living environment for future generation
ProjectsWith over 60 per cent of the area for amenities and landscape, Hinode City (201 Minh Khai) is one among few urban areas with a fresh and green environment in the center of Hanoi.
