Warehouse for Rent in Can Giuoc with Modern Automatic Fire Protection System

Reasons to Rent a Warehouse in Can Giuoc: The Optimal Choice for Businesses

Strategic Location, Close to Ho Chi Minh City

Can Giuoc is just over 20km from Ho Chi Minh City. Providing excellent connectivity to the country’s largest economic center. This reduces transportation costs and allows easy access to a vast consumer market.

Lower Rental Costs

Warehouse rental costs in Can Giuoc are 20-30% lower than in Ho Chi Minh City. Offering significant cost savings. Additionally, operating costs such as land tax, insurance, and labor are also lower.

Developed Transportation Infrastructure

Cần Giuộc is well-connected to major transportation routes and seaports, including Cát Lái Port, making import-export activities more efficient and cost-effective.

Thriving Industrial Zones

Cần Giuộc is home to several large industrial parks with comprehensive infrastructure, helping businesses reduce investment costs and improve production efficiency.

Affordable Labor Force

The area offers an abundant workforce at a lower labor cost than Ho Chi Minh City, meeting the demands of various manufacturing industries.

Stable Business Environment

The local government strongly supports businesses with incentive policies, creating a favorable environment for long-term operations and growth.

Reduced Traffic Congestion and Pollution

Renting a warehouse in Can Giuoc helps businesses avoid urban traffic congestion and air pollution, ensuring a better working environment for employees.

Long-Term Expansion Potential

With vast land availability and high growth potential, Can Giuoc is an ideal location for businesses looking to expand their production scale in the future.

Ossif Warehouse Rental in Can Giuoc

Located in Can Giuoc, Long An Province, Ossif Warehouses offer multiple advantages, including:

Prime location, close to Ho Chi Minh City and major transportation routes. Such as National Highway 50, HCMC – Trung Luong Expressway, and Ben Luc – Long Thanh Expressway, ensuring fast and efficient logistics.

Modern facilities, built with a fully integrated automatic fire protection system, ensuring maximum safety for workers and assets.

Certified fire protection system, officially inspected and approved by authorities, including:

• Automatic sprinkler fire suppression system
• Gas-based fire extinguishing system
• Emergency rescue equipment
• Warehouse Rental with Fire Protection System

Reliable power supply, designed to ensure stability, efficiency, and safety for production activities.

Spacious, well-ventilated warehouse layout with high ceilings. Durable floor capable of supporting 2 tons/m², optimizing storage and production efficiency while ensuring a comfortable working environment for employees.

Well-designed internal road system, facilitating smooth and safe transportation within the production area.
Conclusion

Renting a warehouse at Ossif offers cost-saving advantages, strategic location, modern infrastructure, and a business-friendly environment, helping enterprises reduce expenses and achieve sustainable growth.

If you are looking for a quality, affordable warehouse solution in the Southern region, Please contact Ossif via:

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. If you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

We invite you to read more information about our factory click here

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Renting garment factory is currently a top search among businesses. The garment industry remains one of the key pillars of Vietnam’s economy. With a large volume of clothing in various designs being consumed daily in the market.

The increasing demand for consumer goods also drives the growth of garment factories. As a result, many businesses are looking to rent suitable garment factories to expand their ready-to-wear fashion market.

NOTES WHEN RENTING A GARMENT FACTORY

Reliable Factory Suppliers

A high-quality pre-built warehouse that ensures long-term operations is what every business desires. From the beginning, businesses should seek information from reputable sources. This includes individuals specializing in factory rentals, local brokers, or even direct owners. This helps minimize risks associated with partnering with low-quality warehouses, which could negatively impact production and product quality.

Surveying a Convenient Location

The garment industry requires frequent import and export activities. Therefore, a prime location is a key advantage for businesses renting factories. This ensures easy accessibility for employees and customers, while also providing smooth connections to major roads, highways, airports, and seaports for logistics efficiency.

Factories with Pre-Invested Infrastructure

When businesses look for pre-built warehouses, evaluating the existing infrastructure is crucial. Factors such as electricity, water supply, security, fire prevention systems, and floor load capacity must be clearly outlined to ensure operational efficiency.

For example, sewing machinery requires specific floor load capacities, and warehouse storage areas must be equipped with fire prevention systems to handle emergencies.

Assessing a Suitable Budget

Renting a pre-built factory eliminates the burden of initial construction costs. However, businesses should carefully consider rental costs to avoid long-term financial strain.

Business owners should first research the average market price before conducting on-site inspections. If the offered rental rate is unreasonable, negotiations can be made to benefit both parties.

Additionally, businesses should carefully review leasing terms, including rental duration, pricing, and additional costs, to avoid exceeding budget constraints.

For more information, read Experience in Finding Rental Factories in Long An

EFFICIENT PRODUCTION WITH OSSIF PRE-BUILT FACTORIES

With the growing trend of market expansion in the garment industry, many businesses choose pre-built factories to optimize their initial budget. This allows them to sign contracts, receive factories, and start production immediately, ensuring cost efficiency and reduced preparation time.

With Ossif – a trusted pre-built factory system with outstanding advantages, businesses looking for pre-built production spaces or storage warehouses will find the ideal solution. It provides a perfect opportunity to expand business operations and production capacity.

Strategic Location

Ossif is one of the rare pre-built factory systems with a prime location in Long An. It is situated along QL50, a key non-restricted transportation route. It is adjacent to Cần Giuộc Inland Port and only 900m from Ho Chi Minh City. Additionally, Ossif is surrounded by a strategic transportation network, including:

• Bến Lức – Long Thành Expressway
• Song Hành QL50 Road
• Ring Road 3 & 4
• Key infrastructures in Long An such as Cần Giuộc Bridge and Long An International Port

“Choosing Ossif means saving time, optimizing logistics costs, and ensuring fast market distribution.”

Superior Architectural Infrastructure

Ossif is not just a standard warehouse. With the rising demand for integrated office-warehouse spaces, the garment industry is no exception. The hybrid model combining offices, showrooms, and factories enhances convenience and professionalism, making operations more efficient and organized.

“Choosing Ossif means ensuring flexible and scalable production capacity.”

Customizable Factory Sizes

Ossif provides a variety of factory sizes to suit different business needs, particularly in garment manufacturing and processing. Ossif offers:

• Warehouse sizes from 396m² to over 5,000m²
• 12.8m roof height
• Insulated roofing for heat reduction
• Smooth concrete floors with a load capacity of up to 2 tons/m²
• Segmented factory clusters for flexible selection

“Choosing Ossif means selecting high-quality facilities that meet diverse business needs.”

Certified Fire Prevention System

Ossif’s fire prevention and control systems are officially approved by government agencies and include:
Fire alarms, firefighting trucks, CO2 extinguishers, and automatic sprinkler systems

“Choosing Ossif means ensuring safety and compliance.”

Complete Infrastructure & Utilities

Ossif provides comprehensive pre-built factory solutions with fully developed utilities, including:

• High-capacity industrial electricity for smooth machine operation
• Clean water supply, wastewater treatment, and filtration
• Natural lighting system to reduce electricity consumption
• Ventilation and air purification system for improved working conditions
• Green landscape & spacious internal roads for large vehicle access
• Large loading yards for efficient cargo handling

“Choosing Ossif means selecting a factory with complete and well-planned infrastructure.”

Competitive Rental Costs

Cost is a key factor when selecting pre-built garment factories. Ossif offers cost-effective rental options, calculated per square meter, along with attractive leasing incentives.

“Choosing Ossif means securing a sustainable and long-term business partnership.”

WHY CHOOSE OSSIF PRE-BUILT GARMENT FACTORIES?

The garment industry requires well-maintained production environments to protect fabric and finished products from discoloration, mold, and damage. Therefore, quality warehouses and production spaces are essential for maintaining high production standards.

By renting a pre-built garment factory at Ossif, businesses gain diverse sizing options, strategic locations, and comprehensive services. Ossif provides the ideal solution for companies looking for pre-built factories in Ho Chi Minh City and Long An.

If you are looking for a quality, affordable warehouse solution in the Southern region, Please contact Ossif via:

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. If you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

We invite you to read more information about our factory click here

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For more about Ossif factory,click here

With the goal of providing high-quality, reliable, and cost-effective ready-built warehouse rental solutions, OSSIF is a trusted partner for professional warehouse leasing.

At OSSIF, we offer modern and well-equipped storage and production spaces. Our rental terms are flexible and stable, making them suitable for businesses of various sizes and industries.

Renting a ready-built warehouse at OSSIF offers the following benefits:

Prime Connectivity: OSSIF provides multiple warehouse options in strategic locations, close to major roads and seaports, ensuring smooth transportation and logistics.

Quality Infrastructure: Our warehouses are solidly built to meet high standards. They feature wide internal asphalt roads, facilitating easy goods transportation. The fire protection system, electricity, and water supply operate continuously and reliably, ensuring a safe and efficient working environment.

Flexible Space Options: OSSIF offers various warehouse sizes to accommodate different business and industrial needs.

Cost-Effective: Businesses can avoid large capital investments in construction and ownership. OSSIF provides immediate warehouse access at competitive rental prices, depending on location and size.

Dedicated Support Services: Our professional and friendly team is available 24/7 to assist with any inquiries and operational needs.

At OSSIF, we prioritize service quality to give businesses peace of mind when renting warehouses and factories.

If you are looking for a quality, affordable warehouse solution in the Southern region, Please contact Ossif via:

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. If you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

We invite you to read more information about our factory click here

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Fire Prevention and Rescue Police Department, Long An Provincial Police in coordination with the Provincial Economic Zone Management Board. Organizing a conference to deploy urgent measures on fire prevention, firefighting and rescue at Ossif office in Tan Kim Industrial Park, Can Giuoc Town, Can Giuoc District.

Fire Prevention and Rescue Conference held at Tan Kim Industrial Park – Ossif Factory Office

Tan Kim Industrial Park is invested by Tan Kim Industrial Park and Residential Area Development Company Limited. With a total land area of ​​104 hectares, there are currently 25 secondary investors operating. Industrial park equipped with 1 new fire truck and 1 old truck. Established a specialized fire prevention and fighting team consisting of 13 members trained in fire prevention, firefighting and rescue, operating on a part-time basis.

At the Conference on December 25, 2024. Lieutenant Colonel Vo Van Tien – Deputy Director of Fire Prevention and Rescue Police of the Provincial Police Department reported the situation. And the results of implementing fire prevention, firefighting and rescue work of Tan Kim Industrial Park. Some urgent measures to eliminate the risk of fire and explosion. Ensure fire prevention and fighting conditions at the facility such as: Propaganda work, guidance for employees, workers… Improve responsibility for good implementation of fire prevention and fighting. Check, review and adjust the operating procedures of electrical machinery and equipment.

Approval of fire protection equipment design with additional items, rooftop solar power installation projects. Deploy installation of fire safety equipment and solutions. According to the provisions of the newly issued standards and regulations.

Content No. 02 dated May 24, 2024 of the Council of Judges of the Supreme People’s Court.

On guidance and application of some provisions in Article 313 of the Penal Code on fire prevention and fighting regulations. Organizations sign a commitment to fulfill their responsibilities in fire prevention, firefighting and and rescue.

On the implementation of legal documents and regulations on fire prevention and fighting. It helps businesses in industrial parks raise awareness and sense of responsibility in fire prevention, firefighting and rescue. Conduct a review of compliance with legal regulations on fire safety and rescue at the facility. Contribute to reducing the number of fires and damage caused by fires.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. Iif you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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Long An Provincial Party Secretary, Mr. Nguyen Van Duoc hopes that Long An Provincial Business Association needs “3 musts – 3 dares – 3 increases”. At the same time, he affirmed that the provincial leaders always create the most favorable conditions to accompany investors and businesses.

On September 26th, the Congress of Long An Provincial Business Association (term 2024-2029) took place. Elected 47 executive committee members out of more than 300 business delegates participating in the Association.

Speaking at the congress, Mr. Nguyen Van Duoc, Secretary of the Provincial Party Committee, Chairman of the People’s Council of Long An province said. He appreciated the role of the Provincial Business Association in the process of economic and social development. As well as social security during 17 years of formation and development in Long An (The Association was established in 2007 by the People’s Committee of Long An province).

According to Mr. Duoc, Long An currently has over 16,000 operating enterprises, of which over 90% are small and medium enterprises. However, small and medium enterprises are also an important force contributing to economic growth, job creation and income for workers. Contributing about 25% of GRDP and attracting over 30% of the labor force in the province’s business sector.

The Association has actively participated in promoting and mobilizing members and the business community to participate in meaningful programs launched by the Party Committee and provincial government. Especially participating in taking care of social security work, contributing to strengthening the great national unity bloc.

Long An Provincial Party Secretary, suggested that businessmen join Long An Provincial Business Association. As well as the general business community operating in the province. In the coming time, implement the motto:

“3 must – 3 dare – 3 increase”

• “3 musts”: love the homeland, be responsible for the country, community, and business
• “3 dares”: dare to think big to succeed, persevere to overcome difficulties and challenges. Dare to innovate and create (production technology and environmental treatment)
• “3 increases”: exceeding the annual production plan and innovating and improving production technology…

The Secretary of Long An Provincial Party Committee also affirmed that Long An provincial leaders determined that “The success of investors is the success of the province”. And the leaders of Long An province always create the most favorable conditions within the framework of legal regulations. To accompany investors, businesses and especially the Long An Provincial Business Association.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. Iif you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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Currently, the total supply of warehouses and ready-built factories reaches 15.1 million square meters. Increased by more than 30% compared to last year. In addition, new supply increased sharply in key provinces.

According to the e-Conomy SEA 2024 report by Google, Temasek and Bain & Company. Vietnam’s e-commerce market is estimated to reach 22 billion USD this year. Ranked 3rd in Southeast Asia after Indonesia (65 billion USD) and Thailand (26 billion USD).

In that context, the demand for warehouse facilities, circulation centers, and logistics centers in Vietnam is also increasing.

The supply of warehouses and ready-built factories in the Southern region reached 10.6 million square meters. In which factories account for 49% and warehouses account for 51%. Occupancy rates of these segments reached 80%, with average rental prices of 4.4 USD/sqm/month.

In the North, warehouses and ready-built factories reached 4.5 million m2. Accounts for 30% of national supply. With a distribution ratio of 61% factory and 39% warehouse assets. The overall occupancy rate reaches 80%, with the average rental price at 5 USD/sqm/month.

According to Mr. John Campbell, Director of Industrial Services Department, Savills Vietnam shared. This positive performance is partly due to strong demand for logistics space.

“In Vietnam, the logistics industry has great growth potential and is one of the fastest growing industries in the world. The main driving force comes from the stable growth rate of the economy. Trade activities, high value-added manufacturing and a growing middle class. Contribute to the growth of the e-commerce industry”, Mr. John Campbell said.

In order to meet this great demand, Mr. John Campbell also made some recommendations. For the Government and investors to consider further in the coming time.

Specifically, the most important step is to invest heavily in infrastructure. And ensure projects are completed on time. Infrastructure is the backbone of logistics. This includes everything from customs clearance to multimodal transport, roads and airports.

Advise:

“Another important factor is ensuring adequate land for logistics and e-commerce. Because some industrial parks in Vietnam are only for production. This can cause challenges for logistics and e-commerce companies finding suitable land. To solve this problem, it is important to have industrial parks that are flexible enough to accommodate both manufacturing and logistics activities”, Mr. John Campbell said.

At the same time, Savills also recommends. Future project development planning for new industrial parks should allocate sufficient space for logistics and warehousing. Besides, with the significant growth of e-commerce in Vietnam. Providing suitable locations for distribution and transit centers is also essential.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. Iif you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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In Vietnam, investment attraction from domestic and foreign enterprises in industrial parks is always high. As a result, the demand for industrial land is also very large.

Besides businesses renting land to build factories, the segment of ready-built factories for rent also attracts customers. Especially in the Southern key economic area.

High demand

The factory rental market is differentiated. Well-invested, high-quality factories in industrial parks are one of the priority choices of businesses. Meanwhile, individual factories outside the industrial park are relatively quiet.

According to information from market research unit CBRE Vietnam shows that. In the first 3 quarters of the year, the Southern level 1 market has leased nearly 420.000 square meters of warehouses and 543 square meters of factories. Nearly twice as high as the same period last year. Rental prices for ready-built factories in the Southern market remain stable.

CBRE VN forecasts that in the next 3 years, industrial land rental prices are expected to increase by 3-7% per year in the South. Meanwhile, rental prices of ready-built warehouses and factories are forecast to increase by 1-4% per year. And the ready-built factory segment will have a higher price increase rate in the next 3 years.

With high demand for this market, domestic and foreign corporations and enterprises are interested in investing in ready-built factories for rent.

In addition, most of the individual factories outside the industrial park are not legally guaranteed. Built on agricultural land, wrong area, lack of infrastructure so it is difficult to attract investment. Furthermore, it is also necessary to pay attention to the regulations of the Convention on safety. Especially when it comes to fire and explosion, which are strictly controlled, this segment is gradually losing its appeal.

On the contrary, ready-built factories for rent in industrial parks ensure legal factors. Ensure compliance with land, fire prevention and environmental standards. In accordance with planning and with full industrial infrastructure. Thereby contributing to attracting the attention of businesses.

 

OSSIF – Ready-built factory for rent in Tan Kim Industrial Park. Ideal destination for business

Possessing an ideal location on the frontage of National Highway 50, in Tan Kim Industrial Park with a scale of 104.1 hectares. With diverse areas and modern infrastructure. The factory is designed to be airy and has limited columns to optimize production and storage area. Fully equipped with electrical system, automatic fire protection, fire truck, ventilation, lighting, insulation. Full drainage system and spacious parking area.

In addition, OSSIF also provides customer services such as personnel recruitment support. Support meeting room, security team, monitoring team, 24/7 on-duty staff. Businesses can quickly stabilize production without having to worry about anything else.

With strategic coordinates connecting Ho Chi Minh City and 12 provinces of the Southwest. Ossif is located next to Can Giuoc inland waterway port. And just over 23km from Long An International Port. Not only that, Ossif is also approaching a series of projects on Ring Road 3 and 4; CT Ben Luc – Long Thanh; parallel route of National Highway 50. With expanded provincial roads, Can Giuoc Bridge… Not only convenient connection, easy trade to neighboring, domestic and international markets. But also helps businesses save time. As well as the cost of transporting goods and production materials.

OSSIF will be the right choice for domestic and foreign enterprises that want to expand production, storage and business scale.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. Iif you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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By 2030, the Mekong Delta province will have a total of 72 industrial culsters, spanning 3.989ha.

Currently, Long An is ranked 3rd in the country for industrial zone development. According to the plan, by 2030, the province will have 17 new industrial parks, totaling nearly 3,200 hectares. This expansion will increase the province’s total industrial zone area to 12,433 ha, securing second place nationally.

Additionally, Long An is developing 28 new industrial clusters, covering 1.808 hectares. By 2030, the province will have a total of 72 industrial culsters, spanning 3.989ha.

Aiming to 2025

Long An is also focusing on promoting industrial development, aiming to become the nation’s leading industrial hub by 2025.

This is a favorable condition for investors to take advantage of infrastructure, preferential policies; in industrial zones and clusters throughout the province.

According to economic expert Dinh Trong Thinh and Dinh The Hien commended Long An’s strategic focus on infrastructure development. They believed that this approach will significantly contribute to the province’s urban development, socio-economic growth. And its emergence as a key player in the Southeast and Mekong Delta regions.

Long An industrial parks attract more than 674 million USD of FDI capital in the first 9 months of 2024

In addition to attracting 75 FDI ​​projects with a total newly granted investment capital of more than 540 million USD. Long An Industrial Parks also have 68 FDI projects with total adjusted capital increasing by more than 134 million USD.

According to The Provincial Management Board of Economic Zone of Long An, from the beginning of this year to September 20, 2024. From the beginning of this year to September 20th, Industrial Parks in the province have attracted 96 investment projects. Including 75 FDI projects, 21 domestic projects, with total newly granted investment capital of more than 540 million USD and 1,227 billion VND; land area for lease 28.39 hectares.

Additionally, there are 84 projects with adjusted capital. Of which, there are 68 FDI projects with total adjusted capital increasing by more than 135 million USD. And 16 domestic projects with total adjusted capital increased by more than 326 billion VND.

Compared to the same period in 2023

Total FDI investment capital increased by 6% (674.39 / 636.44 million USD). Total domestic investment capital decreased by 93% (VND 1,553.15/22,774.73 billion).

Long An currently has 36 established industrial parks with a total planned area of ​​9,693.29 hectares. Of these, 26 industrial parks are qualified to receive investment with a planned area of 5,982.14 hectares. Occupancy rate reached 68.08%. 10 industrial parks have been approved for investment by the Government. They are currently implementing the procedures. Including: site clearance, investment in industrial park infrastructure with an area of ​​2,908.49 hectares.

According to Decision No. 686/QD-TTg dated June 13th, 2023 of the Prime Minister on approving the Provincial Master Plan for the period 2021 – 2030, with a vision to 2050. The whole province will have 51 industrial parks with a total planning area of ​​12,433 hectares.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. Iif you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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The 2024 Industrial Property Forum attacted the participation of many representatives of state management agencies and locaties. Along with that is association of businesses, experts, domestic and foreign investors.

On July 30th, in HCM City, The 4th Vietnam Industrial Property Forum (VIPF) 2024; Organizied by Investment Newspaper under the auspices of the Ministry of Planning and Investment. Incoordination with the Vietnam Instrial Real Estate Association.

With the theme “Going Green for new investment waves”, the forum includes 2 discussion session;

• Development prospects of Vietnam’s industrial real estate market;
• And Green transformation in industrial parks, a driving force to welcome new investment waves.

At session 1: Experts and businesses focused on discussing long-term prospects. Along with growth potential, development trends of industrial parks; Attractive fields and locations for industrial real estate.

At session 2: Discussion on trends and model of green real estate development in the future; solutions, technologies, products for construction; and green transformation in industrial parks. Aiming to build green industial parks and ecological industrial parks to attract new investment projects.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF immediately if you are planning to rent a warehouse and ready-built factory, with reputable quality services that best suit your needs and finances. – Hotline:0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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The industry group with increased rental demand for warehouses and ready-built factories in the South comes from high-tech companies, renewable energy and e-commerce.

According to CBRE Vietnam’s real estate market report for the first 6 months of the year, positive development in the industrial park real estate market continue to be recorded.

Notably, the demand for renting warehouses and ready-built factories from manufacturers in the North and the South increased in the first half of this year.

Demand for renting warehouses and ready-built factories is increasing

For the warehouses and ready-built factories market in the North, in the first half of 2024, there will be more than 225,000m2 of ready-built factories completed in level 1 markets (Hanoi, Hai Phong, Bac Ninh, Hung Yen, Hai Duong). Of which, warehouses and ready-built factories area accounts for 95%.

The absorption area of the ready-built factories is also outstanding and is more than four times higher than the absorption area of the warehouses.

By the end of the second quarter of 2024

The occupancy rate of ready-built factories reached 89%, while warehouses in the Northern region maintained an occupancy threshold of 79%.

The rental price for ready-built factories reached 4.9 USD/m2/month, up 2% over the previous year, and ready-built warehouses reached 4.6 USD/m2/month, down 1% year-on -year.

Groups of companies in the electronics, semiconductor, furniture, and logistics industries are the tenants driving the demand for renting ready-built factories and warehouses in the North in the first halft of this year.

After a period of strong growth, the ready-built warehouse market in the South has no new supply. In the first six months of 2024, the occupancy reate reached 63% thanks to large transactions recorded at projects in HCM and Long An.

In contrast, the ready-built factory market had exciting developments when large-scale projects with a total area of more than 371.000m2 in Binh Duong and Dong Nai came into operation in the first six months of this year. Due to strong supply growth, the occupancy rate compared to the previous quarter reached 81%.

Warehouses and ready-built factories rental prices in the Southern

Warehouses and ready-built factories rental prices in the Southern market remained stable compared to the previous quarter, reaching 4.5 and 4.9 USD/m2/month, respectively. With a growth rate of 2% over the same period last year for warehouses, and 1% for factories.

The demand for ready-built warehouses in the South comes from manufacturers in the high-tech and renewable energy sectors, in addition to the expansion of companies in the e-commerce sector.

Opportunity when manufacturers expand factories

For the industrial land market. Industrial land prices in tier 1 markets in the North increased slightly by 0.3%. Over the previous quarter and 4.5% (over the same period). Reaching an average threshold of 134 USD/m2/remaining term.

For the Southern region, industrial land prices in tier 1 southern markets remain at 173 USD/m2/remaining term. Stable compared to the previous quarter and increased 1% over the same period last year.

The absorption area in the first six months of 2024 reached more than 220 hectares. Helping the occupancy rate in the Northern region maintain at 83%. Manufacturers in the electronics sector continue to lead the Northern market, with large transactions. (oming from Victory Giant or Foxconn in Bac Ninh).

In the Southern market

The occupancy rate is stable at 89%. And the absorption area reaches more than 259 hectares in the first six months of 2024. Manufacturers tend to expand to markets such as Long An and Ba Ria-Vung Tau. (Where industrial land fund is still relatively abundant with more competitive rental prices. (Compared to other tier 1 markets such as Ho Chi Minh City, Dong Nai, Binh Duong).

According to CBRE, in the first six months of 2024. FDI disbursement into Vietnam reached 10.8 billion USD, the highest in the past 5 years. Along with that, a series of large factories in the two regions started construction. Notably the Pandora factory (Binh Duong), Suntory Pepsico factory (Long An). Or SK factory (Hai Phong), continuing to see positive signs of industrial real estate.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. If you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline:0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIFWe invite you to read more information about our factory here Update more information about market news here