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
please contact:
Vietnam Co., Ltd. – Research & Consulting
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