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.
Hanoi’s Grade A office prices soar 7% y-o-y due to low supply
MarketPrices of Grade A offices in the capital have been forecast to rise over the next three years by seven percent annually due to foreign direct investment in Vietnam and the undersupply of high-end facilities for lease.
New office completions coming on board in the second half
MarketCompared to the first half of 2019, the Vietnam office market is stepping into an even better period of rapid development, thanks to an ever rising number of newly established enterprises and favourable economic conditions.
