Demand is strong enough to absorb nobtable new supply.
Hanoi office market offers yield higher than Manila, Adelaide, Ho Chi Minh City and Perth.
Office rents in Ho Chi Minh City could spell an increase of up to 20 per cent for some Grade A properties in 2018, according to the latest 2018 Asia Pacific Forecast of global real estate services firm Cushman & Wakefield.
According to quarterly report highlights in Ho Chi Minh City market of CBRE, accumulated supply of new launches from 1999 to the end of first nine months of 2017 reached 220,217 units and high-end segment reduced its proportion for mid-end and affordable segments.
