

2022 in Review

Office Market




▲ ▲ ▲ ▲ ▲ ▲ ▲ ▼ ▲ ▶︎ ▼ ▶︎ ▶︎ ▲
Retail Market




▲ ▲ ▲ ▲ ▼ ▼ ▲ ▲ ▲ ▲









VIETNAM RETAIL MARKET






























































VIETNAM RETAIL MARKET

Vietnam Commercial Market Outlook 2023


Opportunities: Occupier Focus





















































































• • •
Trends to Watch





• • •



Industrial Market




2022 in Review


Industrial Land

Continued Interest from Global Manufacturers







Industrial land Improving absorption in Tier 2 markets

▲ ▲ ▶︎ ▲
Industrial land
Improving absorption in Tier 2 markets
Southern Region, Net absorption

▼ ▲
Rents,
to
▲ ▲
Asking
Industrial Land, 2022 Industrial land Rents continued
grow in both regions
Northern region, Notable transactions, Industrial land
Industrial land
Ready-built Factories and Warehouses

RBF and RBW
Strong absorption in both regions
Northern Region, RBF and RBW in Tier-1 markets
Southern Region, RBF and RBW in Tier-1 markets
▲ ▲ ▲ ▲
RBF and RBW
Northern Region, RBF and RBW Supply and Occupancy Rates
Southern Region, RBF and RBW Supply and Occupancy Rates
RBF and RBW
Mild rental growth in 2023
Asking Rents, RBW & RBF (*), 2022
▲ ▲
RBF and RBW

Vietnam bracing for headwinds














Tier-1 markets
Tier-2 markets
Tier-2 markets


Tier-2 markets
Tier-1 markets
Tier-2 markets





Market awaits positive impacts from China’s reopening





Region, Industrial Land, Forecast
Vietnam, Industrial Land, Forecast Industrial Land Solid demand from manufacturers support rental growth ▲ ▲ ▲ ▲
Northern
Southern
RBW and RBF
Northern Region, RBW and RBF, Forecast
Southern Vietnam, RBW and RBF, Forecast




Residential Market




2022 in Review


2022 in Review





✓ ✓ ✓ ✓
Supply & Absorption

▼ ▼

▲ ▲
Pricing

▲

▲



▼ ▼ ▶︎ ▼








2023 Market Drivers
























❖ ❖ ❖


➢ ➢ ➢ ➢ ➢ ➢ .
Market Outlook













































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