In Ha Noi, the Residential Index increased for the 15th consecutive quarter. In HCMC, primary prices fell with developers offering incentives and the entry of more affordable units. Offices in HCMC and Ha Noi are regionally competitive as leading economic hubs with office occupancy exceeding 90%. For objective metrics on office and residential price indices […]
Gloomy skies filled Q1/2023 sentiment, but are there silver linings in sight? Despite a dulled performance in the first quarter, how will new policies support real estate for the rest of 2023? Download our quarterly market report to see how restricted lending and rising inflation muted performance with detailed metrics on new supply, stock, price, […]
Against the backdrop of a global slowdown, the road is long and winding, yet blue sky remains. Despite Viet Nam’s resilience in 2022, what does the current trajectory mean for real estate performance in 2023? Ha Noi: See how supportive policies and laws facilitate housing growth and recovery. The report explores the impact China’s reopening […]
Viet Nam had a robust performance in the third quarter, further demonstrating its resilience. However, could headwinds like the risk of commodity price shocks, supply chain disruptions, or higher inflation threaten recovery prospects? Our Ha Noi analysis unpacks the future apartment deficit given real and expected supply. Our experts review what Land Law changes mean […]
Given the solid economic performance in the first half, Viet Nam’s real estate projects have delivered well. However negative global influences are gathering momentum, will property maintain its resilience? Our intel zooms in on how primary apartment supply in Ho Chi Minh had its largest increase since Q3/2019 and where landed properties are concentrated given […]
Our Market Briefs focus on Ha Noi and Ho Chi Minh City across four key asset classes: Apartment, Villa & Townhouse, Retail and Office. HCMC MARKET REPORT Q1.2022 APARTMENT With limited stock any fresh supply has been quickly absorbed, 83% for the quarter. In the near future strong supply will equalize the current imbalance Troy […]
Office grading systems create transparency and bring clarity to the commercial property market. To ensure sustainable and successful outcomes, developers and real estate stakeholders must be aware of how changes to office grading influence the market composition and their development strategies. Download Spotlight: Office Grading in Viet Nam to see how increasing environmental, experiential, and […]
Tourism continues to drive investment in Da Nang, and the city is well positioned given its natural advantages and proximity to source markets like China and South Korea. In 2022, accommodation and tourism increased YoY along with coastal villa prices. What do Da Nang’s macroeconomics, infrastructure and tourism development plans, and property pipeline mean for […]
Please find below a link to Savills’ Prime Benchmark publication. It is worth noting that this covers the ‘prime-prime’ segment of most major property sectors in key cities around the region and should not be confused with the market overall, particularly when comparing market cycles. PRIME BENCHMARK HIGHLIGHTS The prime office rental market presented a […]
Savills Asian Cities report series for 2H 2022 covers 16 cities in 11 countries around the region. The reports take a more in-depth look at how selected property sectors are evolving in the current environment and their future prospects. Australia Offices Chongqing Offices Guangzhou Offices Delhi-NCR Offices Kuala Lumpur Offices Korea ESG Karachi Offices Singapore […]
Please find below a link to Savills’ Prime Benchmark publication. It is worth noting that this covers the ‘prime-prime’ segment of most major property sectors in key cities around the region and should not be confused with the market overall, particularly when comparing market cycles. PRIME BENCHMARK HIGHLIGHTS Prime office rental markets in most cities […]
Australia “Australia has been at the top of the list in terms of cross-border investment within the APAC region over the past couple years and this trend is expected to continue.” – Katy Dean, Australia China “Many of the critical issues facing China over the last year, namely zero COVID policy disruption, lack of government support […]
China “China’s investment market remains muted with ongoing challenges, including developer financing issues and zero covid policies, increasing investor caution. Commercial asset acquisitions tend to be dominated by self-use buyers and long-term investors, such as insurance companies, while funds and private equity have largely decamped to new economy sectors.” – James Macdonald, China HongKong “Caution prevails […]
Savills Asia Pacific Real Estate Investment Country Guide covers 13 countries around the region Country GDP growth People’s Republic of China 8.1% per annum (2021) Beijing 8.5% per annum (2021) Shanghai 8.1% per annum (2021) Hong Kong Special Administration Region (HKSAR)* -6.1%* per annum (2020)6.4%+ per annum (2021E)3.5%+ per annum (2022E) Republic of India -7.96% […]