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Ho Chi Minh City All Sector MarketBeat Q2 2022 Ho Chi Minh City All Sector MarketBeat Q2 2022

Insights

Ho Chi Minh City Office MarketBeat Q3 2022

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The market did not record new supply in Q3 2022, the total cumulative supply of Grade A and B is still 1.43 million sqm of office space. Office rent of the whole market remained stable, with US$59/sqm/month for Grade A, and US$34/sqm/month for Grade B.

FDI inflows continued to be the bright spot while two important capital flows into real estate, namely bank credit and bonds were limited.

Real estate continued to rank second in the list of industries attracting total FDI of over US$3.5 billion, accounting for 18.7% of total registered investment capital. This number nearly doubled compared to the same period last year (nearly US$1.8 billion).

Office market

The market did not record new supply in Q3 2022, the total cumulative supply of Grade A and B is still 1.43 million sqm of office space. Office rent of the whole market remained stable, with US$59/sqm/month for Grade A, and US$34/sqm/month for Grade B.

In the next 3 years, the office market in Ho Chi Minh City will receive a series of newly completed office projects in prime locations like The Nexus (2023), The Hallmark (2023), The Crest Tower B (2023), The Sun Tower (2024), The Pearl (2024) and IFC One Saigon (2024).

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CURRENT MARKETBEATS

Vietnam Industrial Q3 2022 EN
MarketBeat

Ho Chi Minh City Industrial MarketBeat

Industrial land supply increased significantly compared to last year, especially in Q1 and Q2 of 2022, mainly due to delayed projects from last year's pandemic. The total cumulative supply of the market reached 27,780 hectares, with an occupancy rate of 88%.
Cuc Le • 04/10/2022
Office MarketBeat Q3 2022 card
MarketBeat • Workplace

Ho Chi Minh City Office MarketBeat

The market did not record new supply in Q3 2022, the total cumulative supply of Grade A and B is still 1.43 million sqm of office space. Office rent of the whole market remained stable, with US$59/sqm/month for Grade A, and US$34/sqm/month for Grade B.
Cuc Le • 04/10/2022
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Cushman & Wakefield’s latest MarketBeat report analyzes Q3 2022 economic and commercial real estate activity. 
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The occupancy rate of the whole market reached 93%, and the total accumulated supply of shopping malls, department stores, and commercial podiums reached 1 million sqm. The average rental price is US$48,3/sqm/month, up 5.6% over the same period last year.
Cuc Le • 04/10/2022
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