Decreasing New Supply Across Sectors
|
*Arrows indicate change from the same period of the previous year.
|
|
| |
|
• |
Vietnam’s economy continued to perform well in 2018, with GDP growth estimated at 7.08% y-o-y, the highest growth rate since 2008. Implemented FDI in 2018 surged 9.14% y-o-y, while Industrial Production Index increased 10.2% y-o-y.
|
|
• |
Condominium market: In 2018, HCMC and Hanoi welcomed approximately 30,000 newly launched units in each city. As Hanoi market witnessed the launch of some large-scale townships targeting mid-end buyers, the share of this segment in new launch supply for the year expanded significantly in Hanoi, while that decreased in HCMC.
|
|
• |
Office market: The market in 2018 continued to favor the landlords in both Hanoi and HCMC, due to limited new supply while demand remained strong. As a result, vacancy rates had y-o-y decreases while asking rents increased in both cities of HCMC and Hanoi, though more noticeably in HCMC.
|
|
• |
Retail market: New supply in both HCMC and Hanoi is concentrated in the non-CBD areas. In HCMC, non-CBD projects on average witnessed a slight decrease both in terms of rent and vacancy rate, while in Hanoi both metrics had a slight increase. CBD performances were relatively stable for both cities.
|
|
• |
Để xem email này bằng tiếng Việt, vui lòng nhấp vào link này.
|
|
| |
|
|
|
Dung Duong MRICS |
Senior Director
|
+84 8 6284 7668
|
|
|
|
|
|
An Nguyen MRICS |
Director
|
+84 4 2220 0220
|
|
|
|
|
|
|
Thanh Pham |
Senior Manager
|
+84 8 6284 7668
|
|
|
|
|
|
|
| |
|
CBRE: Floor 13th, A&B Tower 76A Le Lai Str, District 1, HCMC Vietnam
This communication is from CBRE or one of its associated/subsidiary companies. This communication contains information which is confidential and may be privileged. If you are not the intended recipient, please contact the sender immediately. Any use of its contents is strictly prohibited and you must not copy, send or disclose it, or rely on its contents in any way whatsoever.
CBRE collects, holds, uses and discloses personal information in accordance with our Privacy Policy which can be viewed here.
Information herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the market.
Reasonable care has been taken to ensure that this communication (and any attachments or hyperlinks contained within it) is free from computer viruses. No responsibility is accepted by CBRE Pty Ltd or its associated/subsidiary companies and the recipient should carry out any appropriate virus checks.
|
|