Vietnam real estate industry factsheet

May 2022 | 32 pages | ID: V7045D022961EN
Vietnam Industry Research And Consultant (VIRAC)

Abstracts

Ground Market: The ground sector strongly attracted investment. The number of successful ground transactions in first quarter reached X. The total transaction volume was about X% YoY, specifically, there were X transactions in the Northern region; in the Central region, there were X transactions; in the Southern region there were X transactions.

Retail Market:

Ho Chi Minh City: Landlords remained cautious after the pandemic. Anchor tenants’ movement and expansion drive 1Q22 take-up

Hanoi: Rent increased slightly compared to the previous quarter

Office Market

Ho Chi Minh City: Continuously limited new supply in 1Q22. Rental fees stabilised at X USD/m2/month, up slightly by X% YoY and X% QoQ.

Hanoi: Grade A office rental fee in 1Q22 reached X USD/m2/month, up X% QoQ.

Industrial Land Market

Ho Chi Minh: The market welcomed the new supply. Occupancy rate remained stable.

Hanoi: Industrial land market had new supply. Occupancy rate in the Northern region remained above 80%.

Contents

1. SUMMARY

2. MACROECONOMICS

3. GROUND MARKET

4. RETAIL MARKET

5. OFFICE MARKET

6. INDUSTRIAL LAND MARKET

7. APARTMENTS FOR RENT MARKET

8. APARTMENTS FOR SALE MARKET

9. VILLAS, COMMERCIAL TOWNHOUSES MARKET

10. FORECAST

11. NEWS

12. APPENDIX

List Of Tables

LIST OF TABLES

1. Office Market
Some office real estate projects in Hanoi in the future
Some office real estate projects in Ho Chi Minh City in the future
2. Industrial Land Market
Some industrial land projects in Hanoi in the future
Some industrial land projects in Ho Chi Minh City in the future

List Of Figures

LIST OF FIGURES

1. Macroeconomics
GDP growth rate by quarter, Q1/2019 – Q1/2022
GDP growth rate of real estate business, Q1/2019 – Q1/2022
Total newly registered FDI, added capital and contributed capital in the real estate business, 2019 9M/2021
US Dollar Index, Q1/2019 – 1Q2022
Consumer Price Index, Q1/2019 – 1Q2022
Consumer Confidence Index, Q1/2019 – 1Q2022
2. Ground Market
Number of news and level of interest in ground in some local places, 1Q2022
3. Retail Market
Total supply in retail market in Hanoi, 2017 – Q1/2022
Average rental capacity of retail properties in Hanoi, Q1/2019 – Q1/2022
Average retail rental fee in Hanoi, Q1/2019 – Q1/2022
Total supply in retail market in Ho Chi Minh City, 2019 – Q1/2022
Average rental capacity of retail properties in Ho Chi Minh City, Q1/2019 – Q1/2022
Average retail rental fee in Ho Chi Minh City, Q1/2020 – Q1/2022
4. Office market
Total office supply in Hanoi, 2017 – Q1/2022
Office rental capacity in Hanoi, Q1/2019 – Q1/2022
Average rental office fee in Hanoi, Q1/2019 – Q1/2022
Total office supply in Ho Chi Minh City, 2017 – Q1/2022
Office rental capacity in Ho Chi Minh City, Q1/2019 – Q1/2022
Average rental office fee in Ho Chi Minh City, Q1/2019 – Q1/2022
5. Industrial Land Market
Total supply of industrial land in the Northern region, Q1/2022
Land and RBF price in industrial zones in the Northern region, Q1/2022
Average sale price of industrial land in some areas in Hanoi, Q3/2021
Total supply of industrial land in the Southern region, Q1/2022
Land and RBF price in industrial zones in the Southern region, Q1/2022
Rental industrial land price in the Southern region, Q1/2022
6. Villas, Townhouses Market
Primary supply and transaction volume of villas and commercial townhouses in Hanoi, Q1/2020 Q3/2021
Structure of new supply of villas and new commercial townhouses in Hanoi by region, 2021
Absorption rate of villas and commercial townhouses in Hanoi, Q1/2020 – Q3/2021
Average primary price of villas, semi-detached houses, and commercial townhouses in Hanoi, Q3/2021
Primary supply and transaction volume of villas and commercial townhouses in Ho Chi Minh City, Q1/2020 Q3/2021
Forecast of structure of supply of new villas and commercial townhouses in Ho Chi Minh City by region, 2024
Absorption rate of villas and commercial townhouses in Hanoi, Q1/2020 – Q3/2021