Knowledge report on the real estate market and general economy of Vietnam. Including performance and rates of office, retail, residential and industrial property in both north and south Vietnam. The market is hot, now is the time to invest.
2. Table of Contents
ECONOMIC OVERVIEW...............................................................................................................
VIETNAM ....................................................................................................................................
HO CHI MINH CITY ......................................................................................................................
HA NOI ........................................................................................................................................
HO CHI MINH CITY MARKET OVERVIEW ........................................................................
OFFICE ........................................................................................................................................
RETAIL ........................................................................................................................................
CONDOMINIUM ............................................................................................................................
VILLA & TOWNHOUSE .................................................................................................................
SERVICED APARTMENT ..............................................................................................................
INDUSTRIAL ................................................................................................................................
HA NOI MARKET OVERVIEW ................................................................................................
OFFICE ........................................................................................................................................
RETAIL ........................................................................................................................................
CONDOMINIUM ............................................................................................................................
VILLA & TOWNHOUSE .................................................................................................................
SERVICED APARTMENT ..............................................................................................................
INDUSTRIAL ................................................................................................................................
Cover Page: Vietcombank Tower
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3. LIST OF FIGURES
Figure 1: Vietnam Exports - Imports in 3Q 2016..................................................................................
Figure 2: International Arrivals to Vietnam in 3Q 2016 ......................................................................
Figure 3: FDI Capital of HCMC and Hanoi ..........................................................................................
Figure 4: GDP Growth Rate of HCMC and Hanoi ................................................................................
HO CHI MINH CITY MARKET OVERVIEW
Figure 5: Office, Market Performance ................................................................................................
Figure 6: Office, Occupancy Rate .......................................................................................................
Figure 7: Retail, Market Performance...................................................................................................
Figure 8: Retail, Total Supply .............................................................................................................
Figure 9: Condominium, Primary Asking Price ...................................................................................
Figure 10: Condominium, New Launches by Segment and Quarter.......................................................
Figure 11: Condominium, Sold Units by Segment and Quarter..............................................................
Figure 12: Villa and Townhouse, Selling Prices by Quarter..................................................................
Figure 13: Villa and Townhouse, Supply by Year .................................................................................
Figure 14: Villa and Townhouse, Primary Stock by District .................................................................
Figure 15: Serviced Apartment, Current Grade A&B Supply ...............................................................
Figure 16: Serviced Apartment, Average Asking Rent by Grade ...........................................................
Figure 17: Industrial, Market Performance by District .........................................................................
Figure 18: Industrial, Supply by District ..............................................................................................
LIST OF TABLES
Table 1: Macroeconomic Indicators of HCMC and Hanoi ......................................................................
Table 2: Office, Future Supply ............................................................................................................
Table 3: Significant Office Projects ....................................................................................................
Table 4: Retail, Significant Future Projects under Construction ..........................................................
Table 5: Significant Retail Projects ....................................................................................................
Table 6: Condominium, Significant new Projects launched in Q3 2016 ................................................
Table 7: Villa and Townhouse, Significant new Projects launched in Q3 2016 ......................................
Table 8: Serviced Apartment, Significant Future Projects under construction .....................................
Table 9: Significant Serviced Apartment Projects ...............................................................................
Table 10: Industrial, Future Supply .....................................................................................................
Table 11: Industrial, Market Overview ................................................................................................
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4. LIST OF FIGURES
Figure 19: Office, Average Asking Rent...................................................................................................
Figure 20: Office, Occupancy Rate .........................................................................................................
Figure 21: Retail, Market Performance ...................................................................................................
Figure 22: Retail, Total Supply ...............................................................................................................
Figure 23: Condominium, Primary Sales Price .......................................................................................
Figure 24: Condominium, New Launches by Quarter and Segment ..........................................................
Figure 25: Condominium, Sold Units by Quarter and Segment .................................................................
Figure 26: Villa and Townhouse, Supply by Quarter ................................................................................
Figure 27: Villa and Townhouse, Supply by District .................................................................................
Figure 28: Villa and Townhouse, Q-o-Q changes in Secondary Price .......................................................
Figure 29: Serviced Apartment, Average Asking Rent by Grade ...............................................................
Figure 30: Serviced Apartment, Occupancy Rate ....................................................................................
Figure 31: Industrial, Market Performance by Distrtict .............................................................................
Figure 35: Industrial, Supply by District ..................................................................................................
LIST OF TABLES
Table 12: Office, Future Supply.................................................................................................................
Table 13: Significant CBD Office Projects ................................................................................................
Table 14: Retail, Future Supply ................................................................................................................
Table 15: Significant Retail Projects ........................................................................................................
Table 16: Condominium, New Projects Launched in Q3 2016 ...................................................................
Table 17: Villa and Townhouse, New Projects Launched in Q3 2016 .........................................................
Table 18: Serviced Apartment, Supply Supply ..........................................................................................
Table 19: Significant Serviced Apartment Projects ..................................................................................
Table 20: Industrial, Future Supply .........................................................................................................
Table 21: Hanoi Industrial Market Overview .............................................................................................
LIST OF ABBREVIATIONS
ARR: Average Rental Rate GRDP: Gross Regional Domestic Product
CBD: Central Business District IP: Industrial Park
CPI: Consumer Price Index NLA: Net Lettable Area
FTA: Free Trade Agreements TPP: Trans-Pacific Partnership
GDP: Gross Domestic Product Q-o-Q: Quarter on Quarter
GFA: Gross Floor Area Y-o-Y: Year on Year
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HA NOI MARKET OVERVIEW
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