(CPV) -The residential index stood at 89.2 in the first quarter of 2013, a slight 0.4 point decrease quarter-on-quarter, and a 3 point decrease year-on-year, announced Savills Vietnam Limited Company on May 20. Since the first quarter of 2009, the average market price, including new projects, has decreased by approximately 22 percent. This shows that the downtrend in the average price is mainly due to the lower price of newly launched projects rather than price adjustment of existing projects.
Although the downward trend of the residential price index continued this quarter, the rate is slowing. Combined with the significant improvement in transaction volume, a gradual market recovery and more stabilisation might be expected in the near term.
The office index during the period stood at 73, an increase of 1.7 index points quarter-on-quarter. Despite a slight decrease in average market rents, increased occupancy in this quarter has helped to bring up the index.
Along with improvement in the index, market take-up also had a substantial increase of 173 percent quarter-on-quarter and 70 percent year-on-year.
These are very positive indicators for a more stable and improving performance of the office market in the coming quarters./.
Đăng ký: VietNam News