HCMC office vacancy to rise amid new supply: consultancy

HCMC office vacancy to rise amid new supply: consultancy

Ho Chi Minh City’s office market is poised to witness a record 29% vacancy rate in Grade A offices by the end of 2023 due to higher supply and lower demand, according to a new Knight Frank report.

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