Residential players remained active while office continued to be one of the most exciting property sectors across the region in the last quarter of 2018, latest release from Savills reveals.
The international five-star hotel brand Radisson Blu Resort Phu Quoc has just cut the ribbon to inaugurate a commercial office in downtown Ho Chi Minh City's District 1, an event held one month ahead of its grand opening.
It is expected to be a good benchmark for office markets in Hanoi and Ho Chi Minh city this year thanks to the increasing demand and slower supply growth of office for rent.
Toong Royal Square is the first high-quality co-working space in the heart of Vientiane.
After a fruitful year with the booming of the hotel and office sectors, Vietnam's real estate market is expected to be more robust with the presence of integrated resorts.
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.
