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Office building rents up in HCMC’s Thu Thiem despite bearish market
While rents for office buildings declined all over Ho Chi Minh City in the first quarter, they rose by 8% year-on-year in Thu Thiem, according to real estate consultancies.
HCMC commercial centers enjoy higher Q3 occupancy
Commercial centers in HCMC’s central business districts enjoyed nearly 94% occupancy in the third quarter, up 1 percentage point over the previous quarter.
Rents surge in downtown Hanoi as retail recovers
The recovery in the retail market post-Covid and the entry by foreign luxury brands have sent rents soaring in Hanoi, especially the downtown area.
October 13, 2022 | 07:11 pm PT
HCMC office rents return to pre-Covid levels
A shortage of office space in HCMC is driving rents up to pre-Covid levels and vacancy rates down.
June 30, 2022 | 05:41 pm PT
HCMC market vendors to shut up shop to oppose rent surge
Over 90 percent of vendors at the largest garment market in Ho Chi Minh City have applied to cease operating in protest at plans to double rent.
June 6, 2022 | 02:00 am PT
HCMC high-end office rents jump in Q1
Grade A office rents in HCMC rose by 5.1 percent quarter-on-quarter to US$44.9 per square meter per month last quarter.
April 27, 2022 | 10:20 pm PT
Rental apartment investors exit market on gloomy demand, low returns
Rental property investors have been selling off apartments in the past few years and switching to other assets as Covid-19 hit demand and dragged down returns.
April 22, 2022 | 01:05 am PT
Hotel room rates rise as tourism revives
Hotels in the central city of Da Nang have raised their room rates by 20 percent on the back of rising demand as tourism recovers from Covid-19.
April 4, 2022 | 05:31 am PT
Ministry proposes 3-month rental support for contracted workers
The labor ministry has proposed that workers renting apartments are supported with up to VND1 million ($43.88) a month for up to three months.
February 17, 2022 | 05:05 pm PT
HCMC landlords should halve rent for F&B businesses: experts
HCMC lessors should halve rents for F&B tenants over three to six months towards helping the latter cut costs and recover amidst lower demand, experts say.
September 28, 2021 | 07:49 am PT
HCMC launches pilot project to tighten taxation of rental income
HCMC will launch a pilot program to collect income tax from landlords who lease out apartments in a bid to tighten implementation of existing regulations.
May 12, 2021 | 04:14 am PT
Home truth: living well more important than owning a house
Many young families in Vietnam's big cities are opting to rent rather than buy a home, focusing instead on living a good life.
May 8, 2021 | 08:27 pm PT
Industrial rents rise as manufacturing shifts from China
Land rents in industrial zones in the south rose by 8.1 percent year-on-year in Q1, as manufacturing shifts from China to Vietnam, and the e-commerce sector and electronic exports boom.
April 21, 2021 | 11:15 pm PT
Why HCMC houses for rent are in a deep crisis
With Covid-19 causing businesses renting townhouses in HCMC to shut shop and switch to online selling in many cases, rents have plummeted and vacancy rates have shot up.
March 21, 2021 | 07:31 pm PT
Hanoi shop owners struggle with rent as sales plummet
Shop owners in Hanoi are struggling to pay their rent while landlords are finding new tenants hard to get as the coronavirus pandemic hurts business.
May 6, 2020 | 12:17 am PT
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