Vietnam Real Estate Industry Report Q2/2022
The real estate market in the second half of 2022 may be unlikely to have a land fever when state agencies is controlling well on transparency of project information, in addition, the capital of the market is being taxed. Narrow also reduces the liquidity of the market.
Land real estate market
The housing and land plot segment in the future has good potential for development when infrastructure investment projects and projects. Housing projects, new urban areas will be approved and implemented. Besides, the real demand to buy a house for
with this type of real estate is still at a high level. The real estate market in the second half of 2022 may be unlikely to have a land fever when state agencies is controlling well on transparency of project information, in addition, the capital of the market is being taxed Narrow also reduces the liquidity of the market.
Land prices in existing residential areas in the second half of the year 2022 may decrease slightly but will continue to remain high in some localities.
Retail real estate market
Rental demand and occupancy rate of offices as well as space for rent in commercial centers in 6 The last month of the year compared to the first 6 months of 2022 is expected to continue to increase slightly.
Office real estate market
The outlook for office real estate, especially Grade B buildings, the increased construction quality and utilities of Grade B buildings outside the center is increasingly improving, even surpassing those of the old projects along the way. segment.
The average vacancy rate of Grade B offices decreased slightly by 0.3 percentage points QoQ and 1.3 percentage points YoY, reaching level 10.4%. Rents of the two grades are expected to remain stable until the end of the year.
Industrial zone real estate market
Industrial land prices remain high despite high competitive pressure in both the North and the South. Within the next three years, the supply of industrial land will increase by more than 14,000 hectares for both markets.
