With the rapid expansion of industrial parks, strong development of infrastructure and attractive investment incentives. Industrial real estate is an important channel to attract foreign direct investment (FDI) and promote domestic production.

Industrial Real Estate 2025: Factories in industrial parks are dominant

According to data from real estate consultants. From the second half of 2023 to present. Demand for factory rentals has increased sharply thanks to the recovery of industrial production. As well as the trend of large enterprises moving to Vietnam.

According to CBRE Vietnam, in the third quarter of 2024. The occupancy rate of ready-built factories has reached 84%, an increase of 3% compared to the previous quarter. The average warehouse occupancy rate reached 68%, up 7% quarter-on-quarter.

Total 9 months 2024. The Southern Tier 1 market has leased nearly 420,000 m2 of warehouses and more than 540,000 m2 of factories. Nearly double the same period last year. Ho Chi Minh City and surrounding areas such as Binh Duong, Dong Nai, Ba Ria – Vung Tau, Long An, Tay Ninh,… These are provinces and cities that are noted to have vibrant markets and good growth in the Southern region.

In industrial parks in the North, the average rental price for ready-built factories reached USD 5/m2/month in the past 3 quarters. Increase about 0.6% quarterly, and 3.4% year-on-year.

From there, aiming to meet the increasing demand for factory rental. Industrial parks are actively implementing projects to increase quality supply.

According to Cushman & Wakefield estimates by 2027. Vietnam will have about 6 million m2 of warehouses and factories put into operation. The majority of factory areas are concentrated in key economic regions (with great potential to attract high quality FDI).

Renting ready-built factories in industrial parks is increasing in appeal due to its many advantages. Which ensure proper planning, legality, environment, infrastructure, facilities, safety…

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

The growth of e-commerce and key industries is creating a huge demand for industrial real estate. Especially industrial parks, warehouses and logistics centers.

On December 16, real estate service firm Avison Young Vietnam (Canada) published the report “Vietnam Real Estate 2024: A Year In Review”.

According to Avison Young Vietnam. The industrial real estate segment continues to be a bright spot in the market with increasing rental prices, supply and high occupancy rates. The main driving force for this development comes from foreign investment (FDI) flows into manufacturing industries. Driven by supply chain diversification and China +1.

In key and tier 1 markets, industrial land rental prices increase on average 2-5% per quarter. Meanwhile, new supply promises to be plentiful. A series of industrial park projects have been licensed or started construction across the country.

Industrial and logistics real estate

Industrial and logistics real estate is still the segment that foreign investors are most interested in. This segment leads in the number of real estate transactions throughout 2024.

Short term

Avison Young Vietnam expert commented. In the short term, economic, trade and geopolitical fluctuations due to the impact of new US President Donald Trump’s policies could put immediate pressure on attracting foreign investment and exports.

Long term

But in the long term, with the advantages of geographical location. Relative political stability, competitive costs and an improving investment environment. Vietnam could become the next global manufacturing hub if it seizes the opportunity.

Industrial real estate types are expected to gradually increase in attraction. Including industrial parks with clean industrial land fund. Available for long term lease, complete infrastructure and good connectivity.
In addition, the e-commerce sector will need ready-built warehouses and factories in places that are easily accessible to the supplier network. As well as distribution and logistics centers in places with convenient traffic connections to major cities.

In particular, high-tech industrial real estate also has a lot of potential. Foreign investors have the opportunity to participate in the data center sector under the new Telecommunications Law. The emergence of the first AI center in Vietnam (by Nvidia) paves the way for the high-tech industry…

Mr. David Jackson – General Director of Avison Young Vietnam said. Tremendous changes in 2024 in policies and investment trends. Or the business context is the basis for continued optimism about the Vietnamese real estate market. As positive signals become clearer. It is also the time to restart capital flows into transactions and get ready to welcome a new growth cycle.

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

According to the survey, the demand for renting ready-built factories is on the rise. This makes the market start to heat up again. Experts say that in the last months of 2024, the market witnessed many successful transactions.

Warehouse and ready-built factory market

According to Ms. Trang Le, Senior Director of Consulting and Research, JLL Vietnam. Vietnam is becoming a destination for many international manufacturers. Most mid-sized and smaller manufacturers choose to rent warehouses or ready-built factories instead of building new ones. Mainly to shorten the time as well as reduce initial investment costs.

In particular, the demand for renting warehouse and ready-built factories space with an area of ​​1,000 – 5,000m2 is increasing rapidly. Businesses with this need are mainly operating in light industry. They need to look for locations near residential areas where their potential customers are concentrated. This will promote the small and medium-sized warehouse and ready-built factory for rent segment.

Notably, the net absorption rate of the warehouse and ready-built factory segment was positive. Originating from increased domestic demand. In addition, orders to build warehouses/factories as requested by investors are also a driving force to help balance supply and demand in the logistics market. The size of the Southern and Northern logistics market in 2024 has increased about 1.6 times (compared to 2023).

Besides, according to experts. The supply of factories and warehouses is increasing mainly due to increased demand from the e-commerce market.

Meets the needs of the majority of businesses

General Director of Cushman & Wakefield Vietnam Ms./Mrs. Trang Bui said. Warehouses and ready-built factories for rent are the type that meet the needs of the vast majority of businesses today. However, they are also pre-connected to public infrastructure, meeting the criteria of quickly operating. Shorten preparation time for investors with diverse areas. Many price segments suitable for businesses’ capabilities. Next is the industrial park planned in prime locations near the port and airport systems. Suitable for transportation and import and export of goods. And especially the legal is clear and transparent. Fire protection system meets standards. From there, businesses can rest assured and operate production.

Warehouse supply in the Southern region, especially Ho Chi Minh City, is facing great pressure as it has reached a high level; and demand is constantly increasing due to the development of e-commerce. Therefore, investment in infrastructure and logistics will become an important part of strengthening the supply chain. And meet the storage needs of goods from both domestic production markets and international manufacturers.

From the above factors, warehouses and ready-built factories are forecasted to be the most vibrant segment in the industrial real estate market in the next few years. Warehouses and ready-built factories for rent are increasingly growing in both quantity and quality to meet the real needs of investors. Many industrial park project developers are also promoting this segment. And consider this as a solution to diversify customer files, as well as revenue sources in the current context.

Rental prices remain stable in many projects. The average price in the whole market continues to increase slightly. However, only the multi-functional segment has high rental prices.

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

A good factory location will be an important prerequisite for competing in business. And it can affect many factors as well as bring the following 3 advantages.

Good factory location attracts customers

A good factory location consistent with the business strategy will help businesses penetrate the market easily. It won’t take you much time to attract potential customers effectively. And it doesn’t take much effort to plan your own advertising. In addition, convenient traffic location will help connect quickly to many points. Easily connect to partners, suppliers, and customers conveniently.

Businesses should carefully research warehouse and ready-built factory rental services. At the same time, accurately identify potential factory markets.

Reduce product costs

A factory with convenient traffic conditions will facilitate trade. From there, the cost of transporting goods, transporting raw materials and products will be minimized. In addition, businesses can also limit unnecessary risks of damage such as damaged products, loss during transportation, etc.

Take advantage of available resources

A good factory location will also help businesses have a good working environment. It can be human resources, raw materials, culture, social security… Taking advantage of available resources will create internal production capacity for the business. This resource will help businesses develop rapidly, stably and sustainably.

Besides, having a green working environment in the factory area will improve employee productivity. The number of products produced will be increased significantly without having to work overtime.

Ossif – ready-built factory with good quality and reasonable rental price

Many businesses have chosen Ossif as a place to expand their production activities. Through the following advantages:

• Green, stable and civilized working environment.
• Concentrating many multi-industry businesses can easily connect the community.
• Prime location: frontage of major traffic routes in the South. Complete infrastructure system, bordering developed provinces, cities and large seaports.
• Diverse factory areas with modern facilities for small, medium and large enterprises.
• Standard factory quality. Industrial electricity, automatic fire protection, fire trucks, technical support team, 24/7 security.
• Periodic inspection and maintenance policy for factories and technical systems.

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

Located in the Mekong Delta, adjacent to Ho Chi Minh City and has a large-scale port system. Long An identifies logistics as an important economic sector alongside industrial development.

According to economic experts, Long An has many advantages to develop logistics.

First, transport infrastructure is continuously invested in and expanded. Many key projects of regional connectivity are being implemented. Such as Tan An City Belt Road, Provincial Road 830, Provincial Road 830E, Ho Chi Minh City Belt Road 3, Ben Luc – Long Thanh Expressway…

In the coming time, the province will expand more than 50 additional roads and build 29 new provincial roads. Among these, many roads play a driving role in socio-economic development. Improve cargo transshipment capacity, connecting key areas such as parallel road QL62. And My Quy Tay – Luong Hoa – Binh Chanh dynamic axis, Tan Tap – Long Hau road…

Regarding waterways, Long An has two major rivers: Vam Co Dong and Vam Co Tay. Connecting the Eastern and Southwestern regions to the sea. In particular, the province has Long An International Port, which is gradually completing its infrastructure and service system to serve import and export for the Mekong Delta region.

According to the planning until 2030, vision 2050. Long An considers logistics an important economic sector. The province’s goal is to become a center for goods transshipment and warehousing. Connecting provinces in the Mekong Delta with Ho Chi Minh City, the Southeast region and the Cambodian market.

In which, Long An International Port Project plays an important role in industry. Contribute to reducing pressure on port clusters in Ho Chi Minh City. And it also helps businesses reduce transportation costs through convenient connections and many preferential policies.

Expert Reviews

Dr. Dinh The Hien – economic expert commented, regarding the infrastructure development plan in the coming time. Long An can completely become a locality playing an important role in the Southeast and Southwest regions. In the logistics orientation, the province plans to plan 2 inland ports in Ben Luc and Thu Thua. Along with 10 logistics centers in the districts.

According to Ms. Giang Huynh – Deputy Director of Research and S22M Department (Savills Vietnam). There are 3 reasons to believe in the development of Long An.

• First of all, the province’s geographical location is a special advantage. It is convenient for economic development, trade as well as logistics.
• Secondly, the locality has a large area (4,492 km2) and a lot of vacant land. This is a plus point of Long An market in the eyes of investors.
• Thirdly, Long An has many opportunities to develop the industrial real estate and logistics market.

Ms. Trang Bui – General Director of Cushman & Wakefield Vietnam also commented. In recent times, Long An has made great efforts to become a dynamic and effective economic development center. It is an important gateway connecting the Mekong Delta with Ho Chi Minh City and the Southeast provinces.

Besides, Long An is focusing on urban development. Investing in urban upgrading and development will create better infrastructure. Attract investors and improve quality of life for people.

According to experts, despite facing many challenges, such as in building infrastructure, creating a favorable business environment… But Long An also has many opportunities, ready to break through in the future.

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here

Currently, real estate segments from commercial housing to industrial real estate are showing signs of positive growth. Many new projects are being implemented, with expectations that the market will “revive” by the end of 2024.

The report shows that the Vietnamese real estate market in the third quarter of 2024 has shown a positive recovery after the difficult period. Thanks to the stability of the economy and supportive policies from the Government.

The segments: housing, commercial, industrial real estate are currently showing signs of growth with many new projects being implemented.

Mr. Le Dinh Chung – member of VARS Market Research Working Group, General Director of SGO Homes commented. Although the Vietnamese real estate market is gradually recovering from a difficult period, each segment still faces its own challenges. According to Mr. Chung, the current market is led by the apartment segment. With prices constantly increasing on both primary and secondary markets.

The market has also shown signs of “heating up”. Through land speculation, pushing up housing prices and non-transparent real estate transactions.

“Heat” of the industrial real estate segment

The industrial real estate segment continues to maintain its “heat” with a sharp increase in the number of new projects, along with increasingly abundant FDI capital.

The occupancy rate of industrial parks already in operation remains at a stable increase (about 75%). The key provinces in the North and South are 82% and 92% respectively.

However, the occupancy rate at established industrial parks is still difficult to increase rapidly due to the waiting between supply and demand. Investors only deploy infrastructure when they have tenants, while businesses only want to invest in projects that already have infrastructure.

The big challenge of this segment

The big challenge of this segment also comes from the requirement to “green” industrial parks. Aiming to achieve the high standards of investors, as well as the sustainable development orientation of the country.

The office and retail commercial real estate segment also shows long-term development potential. Due to the growing demand for scale and quality.

New shopping malls, integrating many services, continue to attract customers. Meanwhile, old office buildings and shopping malls that have not been renovated or upgraded are recording increasingly high vacancy rates. While old office buildings and shopping malls are not renovated or upgraded. According to records, the vacancy rate is increasing. Especially small townhouses in prime locations.

Based on the results recorded from the third quarter of 2024, Ms. Pham Thi Mien – Deputy Head of Market Research and Investment Promotion and Consulting Department of VARS forecasts. If factors related to legal, financial and public investment policies continue to improve, the market is likely to “heat up” in the late 2024 period.

Housing supply is expected to continue to be boosted, creating momentum to lead the market, through M&A activities.

“It is forecasted that by the end of 2024, the segments will continue to recover. Luxury apartments will continue to lead the market, villas and townhouses will become more vibrant. Clean legal land attracts investors and social housing will have more opportunities thanks to new regulations. Industrial real estate will continue to grow. And resort real estate will have the opportunity to improve thanks to condotels being granted certificates”, Ms. Mien predicted.

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

We invite you to read more information about our factory here

Update more information about market news here

For more about industrial clusters, click here