Office For Lease Tan Binh HCM

In 2020, the market office for lease supply continues to increase while demand is limited due to the impact of Covid-19, vacancy rate increases & occupancy rate decreases slightly. Enterprises tend to change the flexible working model and consider moving offices from the center to the neighboring districts. However, Vietnam is considered as one of the least affected countries and prospects for economic and infrastructure development. Office for lease Supply: Supply in 2020 increases compared to last year. In Q4 2020, there were no new Grade A buildings in the HCMC office for rent market. However in 2020, the market burns received 1 additional Grade A and 7 Grade B projects, providing about 139,000 m2 of net leasable area, stock of more than 2.3 million m2, up 7% QoQ and 12% YoY. Office for lease Demand: Occupancy rate decreased slightly Tenants struggling during the Covid-19 period mostly chose to reduce their occupancy or even switch to lower-segment buildings. Vacancy rates...