Amandabui252
22-10-2016, 12:05 AM
The most recent report from Savills Vietnam revealed that in the third 1 fourth of 2016, Hanoi’s business office market saw a slight drop in rents.
Hanoi business office rents declined slightly within Q3-2016
Hanoi office rent dropped slightly in the next quarter of 2016
Based on the report, due to downward modifications to both Grade The and C office space, the standard rents in Q3 went down 0. 5% quarter-on-quarter however up 3% year-on-year.
Meanwhile, average occupancy recorded an increase of 2. 2 ppts on the previous quarter and 2 . 8 ppts over the exact same period last year. In particular, Quality A went up installment payments on your 3 ppts and Level B rose 2 . on the lookout for ppts quarter-on-quarter.
Office deliver in Hanoi remained stable quarter-on-quarter but climbed 9% compared to last year. A new project is expected to launch from the final quarter of the 12 months, adding nearly 11, three hundred sq m to the sector.
The total take-up of the complete market reached about twenty-three, 000 sq m. Especially, Grade B led industry with nearly 18, 000 sq m, followed by Quality A (8, 400 sq m) and Grade Chemical (4, 300 sq m).
Office supply is required to rise significantly in the arriving time. Ba Dinh and also Dong Da districts and the West of the city have already been the new focuses since serviced office space segment has become increasingly more popular.
During the third one fourth, Hanoi market also seen a booming growth throughout co- working space in addition to serviced office which benefits from flexibility and convenience. With these kinds of offices, occupiers can offer a private working room as well as use general offices along with other amenities such as bar, diner, wireless Internet and printing locations.
Hanoi business office rents declined slightly within Q3-2016
Hanoi office rent dropped slightly in the next quarter of 2016
Based on the report, due to downward modifications to both Grade The and C office space, the standard rents in Q3 went down 0. 5% quarter-on-quarter however up 3% year-on-year.
Meanwhile, average occupancy recorded an increase of 2. 2 ppts on the previous quarter and 2 . 8 ppts over the exact same period last year. In particular, Quality A went up installment payments on your 3 ppts and Level B rose 2 . on the lookout for ppts quarter-on-quarter.
Office deliver in Hanoi remained stable quarter-on-quarter but climbed 9% compared to last year. A new project is expected to launch from the final quarter of the 12 months, adding nearly 11, three hundred sq m to the sector.
The total take-up of the complete market reached about twenty-three, 000 sq m. Especially, Grade B led industry with nearly 18, 000 sq m, followed by Quality A (8, 400 sq m) and Grade Chemical (4, 300 sq m).
Office supply is required to rise significantly in the arriving time. Ba Dinh and also Dong Da districts and the West of the city have already been the new focuses since serviced office space segment has become increasingly more popular.
During the third one fourth, Hanoi market also seen a booming growth throughout co- working space in addition to serviced office which benefits from flexibility and convenience. With these kinds of offices, occupiers can offer a private working room as well as use general offices along with other amenities such as bar, diner, wireless Internet and printing locations.