Ho Chi Minh City's office market is experiencing record absorption in 2024, demonstrating its vitality and resilience as well as consolidating its position as an attractive destination for both domestic and foreign businesses looking for strategic development opportunities in Southeast Asia, according to Knight Frank, one of the world's leading real estate consultancies.

Government policies and market forces are expected to propel the real estate sector for continued growth in 2024, with demand in industrial and office leasing segments expected to increase, according to experts from Savills Vietnam.

Vietnam’s office market will continue to see an uptick in 2023 with quality supplies, according to real estate agency Savills Vietnam.

The office lease market in Ho Chi Minh City is recovering, with hybrid working model comprising both remote and office-based work emerging as a bright spot, according to experts from Savills Vietnam.

In Vietnam's real estate market, the leasing demand also recorded positive signals, with the amount of absorption area in Ho Chi Minh City and Hanoi in the first two quarters of 2021 were close to pre-pandemic levels.

Hanoi’s office market will grow stably in 2021, Director of Savills Hanoi Matthew Powell has projected.