Vietnam
Ho Chi Minh City’s net office absorption hits 25,700sqm in Q4
Thanks to the healthy uptake at The Nexus.
Ho Chi Minh City’s net office absorption hits 25,700sqm in Q4
Thanks to the healthy uptake at The Nexus.
Hanoi Grade A office absorption hits 20,100sqm in Q4
This was driven by new high-quality office stock.
Hanoi to see 90,600sqm of new retail supply by year-end
Thanks to two new shopping malls.
Fashion and lifestyle brands drive Ho Chi Minh City’s retail leasing demand
Total net absorption was at 610 sqm in Q3.
Ho Chi Minh City’s prime apartment sales hit a mere 766 units in Q3
This translates to a selling rate of 30.9%.
Hanoi Grade A office rents to grow by less than 1% by year-end
And vacancy is expected to rise significantly.
Ho Chi Minh City’s Grade A office supply hits 456,200sqm in Q3
Thanks to the launch of units in The Hallmark and The METT.
Vietnam’s most notable Q3 real estate transactions revealed
Here are some of the key industrial and residential investments in the country.
Ho Chi Minh City to see nearly 2,000 new prime apartment units in H2
This is 53% fewer than the new launches in H1.
Hanoi CBD office vacancy rate to reach 25.7% by year-end
This is driven by the upcoming new supply of 64,000sqm.
Hanoi city centre retail rents to grow by 4% this year
And city fringe retail rents are projected to grow by 3.1%.
These two projects will add nearly 60,000sqm to Ho Chi Minh City’s retail market
Both are seeing strong early leasing activities.
These are the new office projects to watch out for in Ho Chi Minh City
Projects due in Q4 are making good progress.
Northern Vietnam to see 1.19m sqm of new industrial supply by year-end
This is 1.6 times more than 2022’s stock levels.
Vietnam’s Southern logistics market suffering from lacklustre market sentiment
The high vacancy rates of newly completed projects is a testament to this.
Vietnam’s real estate M&A market continues to thrive
Transaction volumes grew 41% since the pre-COVID period.
Hanoi city centre retail rents to grow 4% this year
But rents in the city fringe could increase by 9.5%.
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
