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HCMC's housing market expected to be ahead of Hanoi in 2018

The different patterns that both markets followed in 2017, along with the characteristics of each, have offered Hanoi and Ho Chi Minh City (HCMC) distinct advantages for their own residential market segments, according to Duong Duc Hien, Director of Residential Sales of Savills Hanoi.

Hanoi running out of luxury apartments

The Class A apartment segment in Hanoi recorded a strong boom last year with the liquidity tripled year on year while the supply was exhausted.

Key segments of hotel, villa and townhouse saw vibrant growth in HCMC

The hotel sector of Ho Chi Minh City (HCMC) recorded an occupancy rate of 76 per cent, while the villa and townhouse segment witnessed a year-on-year increase of 25 per cent in sales, according to Savills in its newly launched market briefing on fourth quarter of 2017.

Recovering economy and the FDI influx pose pressure on rising office rents

Despite the appearance of new office buildings, large demand has left hardly any space in central Hanoi and Ho Chi Minh City (HCMC), which may continue to see rising rental prices.

Fringe office markets become the new prime trend

Dynamic office markets are now more likely to be found outside traditionally prime locations, says Savills, as mixed-use and co-working space becomes increasingly popular, challenging the view that trophy office buildings will be desirable to investors in the coming decades.