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office vacancy rates
Growing supply to worsen Hanoi’s high office building vacancy rate
A rapid increase in new office space in Hanoi is expected to soon drive the vacancy rate to 30%, property consultancy Knight Frank Vietnam has forecast.
Foreign companies grab new premium office space in HCMC
Demand growing for HCMC premium, mid-priced office space
Grade A office vacancy rates 20% in Hanoi, HCMC in 2023
The vacancy rates in grade A office buildings in Hanoi and Ho Chi Minh City in 2023 were around 20% due to oversupply and the economic downturn.
January 12, 2024 | 06:26 am PT