Office rental market flourishes

According to the leading real estate consulting firms in Vietnam today, office real estate will continue to be the focus of investment portfolios of domestic and foreign investors in the next two years in Vietnam, at the same time.

Compared to the office market in other countries, the supply of office space in Hanoi is considered to be lower than that of Singapore or Bangkok, Thailand. Due to the fact that the rental price is lower than other countries in the region and the potential for economic development is very good, foreign investors are focusing on developing the office market in Hanoi and Ho Chi Minh City.

Another noteworthy point of the office market after the COVID-19 pandemic is the tendency to appear more of the co-working model (shared office). According to real estate experts, the co-working model and the traditional office model are not too directly in competition with each other. The co-working space model is promoted by the trend of young people preferring to work outside, with a flexible working environment.

According to