Vietnam Property
Market Overview

Vacancy rate in HCMC’s office market remains tight despite new buildings added with rents soaring past the recent peak to reach a decade high

January 07, 2020

Vietnam’s economy still achieved impressive growth of 7.02% in 2019, well exceeding the target set by the National Congress of 6.6-6.8%. For the quarter, HCMC’s office rents reached decade high while the residential market also witnessed price accelerating to new high amidst limited supply.

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