Update: May, 15/2021 - 08:04 |
Buildings in the central business district in HCM City. VNA/VNS Photo
HCM CITY With limited vacancies and high rents in the central business district in HCM City, non-CBD supply will continue to deliver affordable office space and keep a ceiling on rents, according to Savills Việt Nam.
More than 43,300sq.m of new supply entered the non-CBD area, 55 per cent of it in Gò Vấp District and Thủ Đức City.
Decentralisation continues amid limited vacancies and high rents in the downtown area.
The average occupancy was 89 per cent, down 8 percentage points year-on-year, and average monthly rent was US$31 per square metre, down 3 per cent.