Home   »   Useful Research   »   CBRE Vietnam MarketView Q4 2019
CBRE Vietnam MarketView Q4 2019
 

Solid leasing demand thanks to strong

economic growth
Vietnam GDP
7.02% y-o-y
HCMC GDP
7.86% y-o-y
Hanoi GDP
7.62% y-o-y
VN-Index
7.04% y-o-y

 

*Arrows indicate change from the same period of the previous year.
When global trade is deteriorating due to trade and geopolitical tensions, Vietnam has become a rising star with the 2019 real GDP growth rate (GDP at 2010 price) reaching 7.02%, higher than the government’s expectation at the beginning of the year. This high growth was driven by strong export activities (Total export values was US$263.5 billion and import value was US$253.5 billion), leading to the highest trade surplus since 2016 with US$9.9 billion.
Condominium market: While new launches in HCMC continued to decrease due to slowdown of licensing process, Hanoi witnessed stable new launches coming from subsequent phases of large-scale townships targeting mid-end buyers. Positive absorption was seen in both markets.
Office market: Vacancy rate of both Grade A & B was still at a healthy level of less than 10% in both cities. CBD buildings remained the most sought-after spaces in the market, however, the remaining spaces were limited
Retail market: Limited supply in the CBD area supports strong performances, in terms of rental rates and occupancy rates, in both cities.
Để xem email này bằng tiếng Việt, vui lòng nhấp vào link này.
Visit the Global Research Gateway

 

HCMC MarketView Hanoi MarketView
Điểm tin thị trường TP.HCM Điểm tin thị trường Hà Nội
   
For an in-depth analysis of each sector in the Vietnamese property market, please subscribe to CBRE's premier quarterly property publication. Further details can be found in the below flyer.
CBRE Quarterly Report Flyer Giới thiệu về Báo Cáo Quý CBRE
   
In order to download this MarketView, as other reports published by CBRE, you are required to Register/ Log in to CBRE Global Research Gateway with your corporate email.
Please read our User Guide for further instruction.
Having trouble downloading this report? Visit our help page
or email us at gatewaysupport@cbre.com.

 

Information about the property and its availability are subject to change without notice.