Here’s a concise overview: In Ha Noi, the Residential Index saw a significant increase of 8 points quarter-over-quarter to 142.5, representing a substantial 37% rise since Q3/2019, with average prices at VND 44 million/m2 net sellable area. Conversely, Ho Chi Minh City’s Residential Index declined to 123 due to project suspensions and weakened consumer confidence.
Moving to the office sector, Ha Noi’s Grade A office occupancy remains stable at 88%, indicating resilience and potential for future growth. Meanwhile, in Ho Chi Minh City, the Office Index experienced a slight uptick to 98 points, driven by higher rents and strategic developments, suggesting cautious optimism amidst economic uncertainties.
Whether you’re strategising investments, fostering developments, or conducting market analyses, our report delivers indispensable insights to inform your decisions within Vietnam's evolving real estate sphere.