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retail space
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Retail space vacancy rates rise in Hanoi, HCMC
The economic situation is causing retailers in Hanoi and Ho Chi Minh City to relinquish their leases, according to property consultancies and analysts.
Retail spaces empty as tenants leave amid low consumer sentiment
Many vacant spaces can be seen at major retail locations in Hanoi and Ho Chi Minh City as demand for leasing falls amid consumer belt-tightening.
HCMC retail space rents soar
The average rent in HCMC’s shopping malls last quarter was around US$50 per square meter per month, a year-on-year rise of 9.1%, according to Cushman & Wakefield.
January 21, 2023 | 07:00 pm PT
Retail space rents inch up in downtown HCMC
The Q2 average monthly rent for retail space in HCMC’s District 1 was $137.1 per sq.m, up 1.2 percent year-on-year, a CBRE Vietnam report says.
July 16, 2021 | 05:00 pm PT
HCMC retail space rents fall in Q2
Average rents at trade centers dropped 8.3 percent in the second quarter, real estate services provider JLL reports.
July 9, 2021 | 05:45 am PT
Hanoi’s suburban malls vacant for years
Many suburban malls built in Hanoi 3-5 years ago are not occupied, leaving tens of thousands of square meters of retail space vacant.
December 26, 2019 | 05:44 pm PT
Saigon commercial rents up 5.8 percent
Average monthly rents for retail space in Saigon's central business district (CBD) reached $135.5 per square meter in Q3, up 5.8 percent year-on-year.
October 22, 2019 | 06:11 pm PT