Search results: quarterly report

In line with the geographical diversification real estate supply emerging locations such as Ha Dong, Gia Lam, Hoai Duc and Long Bien were observed. The market has witnessed strong demand from both local and foreign investors for projects at locations close to industrial parks "The East".

Due to the impact of the delay in licensing process of new projects and the decreasing clean land bank in Ho Chi Minh City, developers concentrate on product with high value. Decreasing inventory together with limited new supply are leading to active secondary market.

Vietnam’s two largest metropolitan areas expect to welcome a wave of new supply, of mostly Grade B offices, in 2019. The expected supply growth in 2019 of 13% and 11% in HCMC and Hanoi, respectively, will shake the office market for the first time after a quiet period.

Vietnam’s economy continued to perform well in 2018, with GDP growth estimated at 7.08% y-o-y. New supply in both HCMC and Hanoi is concentrated in the non-CBD areas. Flexible workspace is expected to have further expansion in 2019

Real estate market prices in HCMC were stable q-o-q across all segments "Except Office Leasing Grade A". A slight decrease in selling price in USD term was due to the VND devaluation recently. Supply in villas and townhouses are expected to remain scarce to end 2018.

In the last quarter of 2018, the market will continue the upbeat trends with new projects in the CBD and the West. Besides, new large-scale projects will be launched in Q4 2018, the sold units and office leasing are expected to increase accordingly thanks to strong demand from both end-users and investors, local buyers and foreign buyers.

Q1 2018, an estimated 1,280 units of serviced apartment supply will enter the market by the end of 2018. In spite of the fact that landlords have enjoyed favorable market conditions with high occupancy rates and steadily increasing rental rates, Ho Chi Minh City serviced apartment market has seen increased competition from new buy-to-let apartments.

In 2018, the East and South will continue to be hotspots of the market with more new launches condominium / apartment. Within the next three years, office and retail market will be more competitive as a large amount of supply from community retail podium will be launched. Rental growth will increase at a slower pace as existing supply will remedy their rents more strategically while vacancy rate will surge up momentarily before dropping down

2017 witnessed the office market bustling with new supply and healthy absorption. 2018 onwards will witness the market coming up with better supply albeit at a slower pace than 2017. Rental growth will increase at a slower pace as existing supply will remedy their rents more strategically while vacancy rate will surge up momentarily before dropping down just as quick as the market will continue its healthy absorption momentum with new supply

Vietnam is one of the economies with the fastest growth rate in Southeast Asia. Some investors said that the office rental fee in Ho Chi Minh City, Vietnam is now higher than it is in Bangkok, reflecting the shortage of supply in the market with the main cause of difficulties in obtaining land for development projects

Real estate market in Ho Chi Minh City, Vietnam stabilize prices and Q3 2017 quarterly report highlights. Average primary price is expected to increase as more high-end products are added in the last quarter

Office for lease in Ho Chi Minh City, Vietnam stabilize prices and Q3 2017 quarterly report highlights. Asking rents are at its peak and will continue its stable moderate growth along with steady decrease of vacancy rates.