Vacancy rates for Grade A and B office space to hit double digits in HCMC: Knight Frank

Vacancy rates for Grade A and B office space to hit double digits in HCMC: Knight Frank

An estimated 130,000 m2 of Grade A office space will be released onto the Ho Chi Minh City market in 2024, a 35% increase of inventory, while Grade B is forecasted to receive 57,780 m2.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC to see five-fold increase in Grade A office vacancy: Knight Frank

HCMC to see five-fold increase in Grade A office vacancy: Knight Frank

The Ho Chi Minh City office market is likely to see a record five-fold increase in Grade A segment vacancy by this year-end, real estate services firm Knight Frank said Monday.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC office market maintains momentum, awaits new supply

HCMC office market maintains momentum, awaits new supply

Ho Chi Minh City’s office market has recorded robust leasing transactions across all sub-markets this third quarter, thus keeping healthy performance, property services firm Knight Frank said Monday.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Office rents in HCMC return to pre-pandemic levels

Office rents in HCMC return to pre-pandemic levels

The commercial real estate market in Ho Chi Minh City is expanding, with rents rebounding to pre-pandemic levels due to new supply shortages, according to property services provider Knight Frank.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7