Avison Young – Q1 Knowledge Report Vietnam Real Estate

The Avison Young Quarterly Knowledge Report for Q1 2024 on Vietnam’s real estate market highlights several key trends and developments:

Industrial Real Estate: The sector remained robust with stable or slightly increased land rents and high occupancy rates. New projects were initiated, promising high-quality industrial land and facilities.

Office and Retail Sectors: These sectors showed resilience, with steady performance and investor interest despite some legal and financial challenges.

Residential Market: The housing market saw a quieter period compared to other sectors, but there were notable launches like Eaton Park in Ho Chi Minh City, with prices ranging from $5,000 to $5,400 per square meter.

Legal and Regulatory Changes: The report also mentions the anticipated approval of the Land Law 2023, which is expected to further stabilize and boost investor confidence in the market.