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HCM City property market in downward spiral Print E-mail
The office-for-lease market in the first half has continuously seen prices dip and by June, prices of A-level offices felt by over 50 percent, prices of B-level offices 60 percent. It is forecasted that prices of offices for lease will further go down sharply.
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Price of offices for lease continues dropping Print E-mail
In the market, the price of offices for lease kept declining by 30-50 percent per month to $20-60 per square metre, and continued falling by 20 percent in the past few months, depending on the location of the buildings.
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PetroVietnam Finance Corp signs credit contract for 25 storey building project Print E-mail
PetroVietnam Finance Joint Stock Corp (coded PVF) has signed a credit contract for the construction project of "Dolphin Plaza complex of high class offices and apartment" with TID Joint Stock Co on June 11.
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GuocoLand continues building trade centre Print E-mail
Despite the economic recession situation, GuocoLand Group and EEC Group (Holland) firmly kept their cooperation decision to build the Commercial Centre in Vietnam-Singapore Industrial Park in Binh Duong province.
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Prime retail space hits over $200/sqm Print E-mail
Contrary to the general gloomy market for office lease, retail space in commercial centres is continuously being taken up with an average monthly rental price of $85 a square metre. And in some prime locations, rentals can reach $200-250 sqm a month.
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