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Ho Chi Minh City and Southern provinces

  • Office: High-quality and well-located offices continue to outperform the market 

  • Retail: Rental increases persist across the market  

  • Residential: HCMC's primary apartment prices maintains a stable growth momentum, increasing 1.1% year-on-year 

  • Industrial: Land absorption has been cautiously proceeding as the market awaits clearer signals regarding future economic and trade conditions  

Hanoi and Northern provinces

  • Office: Net absorption in Grade A is sustained thanks to new, high-quality buildings while Grade B maintains healthy demand 

  • Retail: Continuous arrival of new foreign retailers supports market demand 

  • Residential: Multiple projects officially launch and offer many options for both owner-occupiers and investors 

  • Industrial: Average asking rent across industrial parks experiences minor adjustments during the quarter 

 

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