According to Collies experts, the three segments will have many advantages to regain and continue the strong growth momentum right in 2022.
With many signs of improvement of the real estate market from the last quarter of 2021, Mr. Peter Dinning, Chairman of Colliers, said that if the COVID-19 epidemic is well controlled, 2022 will be an exciting year for the country. real estate market.
“The most important drivers include the Government’s efforts to accelerate the disbursement of public investment capital for key infrastructure projects and remove regulatory obstacles, the speed of vaccine coverage. 3rd or even 4th nose) and the reopening of international routes.
In the long term, the rapid growth of the middle class together with rapid urbanization and some objective favorable conditions in terms of geographical location or young population will help many real estate segments have strong demand. significant, is a condition for the real estate market to continue to be dynamic and develop”, Mr. Peter Dinning analyzed.
According to David Jackson, CEO of Colliers, in the most optimistic scenario when economic activities are fully restored, the segments will also recover at different speeds.
In particular, industrial, residential and office real estate will have many advantages to regain and continue the strong growth momentum right in 2022.
“Meanwhile, resort real estate needs more time and is closely related to the recovery of the tourism industry. Sometimes it takes two or three years to reach the same growth rate as the pre-pandemic period,” said David. Jackson commented.
In the last quarter of 2021, the average rental price of the industrial real estate segment in Ho Chi Minh City did not change too much compared to the previous quarter, at about 189 USD/m2/lease term and the occupancy rate was about 85%.
Meanwhile, Hanoi market recorded the highest average rental price in the North with 143 USD/m2/lease term. In Da Nang, the average rent is lower, at 85 USD/m2/lease term and the occupancy rate is 90%. All 3 cities had no new supply in the quarter.
Mr. Chi Vu, Head of Service Brokerage Department of Colliers Industrial Park, also said that in 2022, it is likely that industrial real estate will continue to shine, driven by factors such as the shift of production from China to China. As well as a series of Free Trade Agreements (FTAs) were signed, increasing the demand for industrial land across the country.
Besides, factory and warehouse services, with the strong growth momentum of e-commerce, the logistics service segment also promises great potential.
As for the housing market, in the fourth quarter of 2021, the number of transactions increased sharply in the Ho Chi Minh City market. The average selling price increased by 10-15% compared to the fourth quarter of 2020.
The majority of supply comes from projects in the East and South and most of them are the finishing touches of old projects. Notably, the luxury apartment segment accounted for 60% of the supply.
In addition, the number of transactions increased sharply, the average selling price increased by 5-10% over the same period last year, especially for projects in the West and East.
New supply comes from 11 projects with more than 8,000 apartments, mostly in Gia Lam, Tu Liem and Hoang Mai.
In Da Nang, the majority of buyers came from Hanoi and Ho Chi Minh City, the absorption rate increased sharply and the average selling price increased by 5% over the same period last year. New supply in the central city is mainly concentrated in Son Tra, Hai Chau and mostly high-end projects.
Regarding the office segment, the Ho Chi Minh City market recorded about 90% of the transactions rented by customers were offices with an area of less than 300 m2, which is also an indicator that the market’s great demand comes from businesses. small and medium-sized enterprises (SMEs).
In the fourth quarter of 2021, 20,000 m2 of new office space was supplied to the market, all belonging to the Grade B segment.
In Hanoi, demand and occupancy rates both decreased slightly compared to the previous quarter due to the impact of the COVID-19 epidemic. Meanwhile, Da Nang market did not have too many fluctuations, the occupancy rate was only 75% and in the whole year, there was only one new project recorded.
T&G International Joint Stock Company
Address: 352 Hue Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi
Hotline: 0345786803
Email: hrm@tginterjsc.com
Website: http://tginternationaljsc.com
