Savills Vietnam said housing prices slightly decreased in the quarter with the absorption rate at 11%. Trading volume of housing was down by 7% over the previous quarter but was up 48% year on year.
Key factors that helped attract homebuyers included the reputation of the investors in keeping their promise on carrying out projects on time, and financial support from banks who assure borrowers with stable lending rates, the report said.
In the coming quarters, the housing trading volume is expected to continue rising and the housing price index will become stable, it said.
Also in its report, Savills said office rents have almost stood still since the third quarter of last year. However, the occupancy has risen.
During the fourth quarter of last year, 18,000 square meters of office area was occupied, a 58% fall compared to the previous quarter but a rise of more than 35% over the same period of 2012.
Savills Vietnam predicts that in the next three years, with the increase in demand for office space while supply being limited, the office market in HCMC will improve.
The office price index is expected to slightly increase in the first half of this year and strongly rise in the second half. By next year, the office market will have recovered.
Đăng ký: VietNam News
