The average rent for both Grade A and B offices in HCMC remained stable over the last quarter but tended to increase in annual terms.
The average rents of both Grade A and Grade B remained stable over the previous quarter but tended to increase on a yearly basis. Typically, Grade A offices increased by 5% and Grade B by 1%, respectively 1.1 million / sqm / month, equivalent to 48.3 USD / sqm / month and 643,000 VND / sqm / month, equivalent 27.8 USD/ sqm / month.
Vietnam’s economy continues to record positive results in the first two months of 2017: In particular, industrial production index (IIP) increased 2.4% over the same period last year, the private mortgage insurance (PMI) index reached 54.2 in February, import and export increased by 15.4% and 19.6% respectively, inflation remains at a manageable level of 5.12% over the same period last year.
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