1、Real Estate MarketOutlook2023VIETNAMTurbulence amidst the RecoveryReal Estate Market Outlook2023CONTENTS01.COMMERCIAL MARKET02.INDUSTRIAL MARKET03.RESIDENTIAL MARKETVIETNAMSource:CBRE Research,Q4 2022.Market performance has recovered after Covid-19 pandemicLimited supply in the CBD area0102Flight to

2、 quality03Economic headwindsFocus on wellness and sustainability 04052022 in ReviewVIETNAM COMMERCIAL MARKET Office MarketREAL ESTATE MARKET OUTLOOK 2023CBRE VIETNAM MARKET OUTLOOK|2023 CBRE,Inc.52022 SnapshotOffice MarketSupplyNLA(sqm)NLA(sqm)Asking Rent(*)US$/sqm/month(*)US$/sqm/monthVacancy Rate(

3、%)(%)GRADE AGRADE BUS$28.7+5.5%y-o-yUS$31.1+2.3%y-o-yGRADE A CBDGRADE AGRADE BGRADE A CBD1,626,048 sqm01 new Grade A:BRG Tower and 01 new Grade B:Epic Tower+27,000 sqmUS$14.5+4.0%y-o-yUS$45.9+7.4%y-o-yUS$62.9+6.6%y-o-yUS$26.0+2.2%y-o-y15.3%-4.1 ppt y-o-y11.2%+1.5 ppt y-o-y6.1%-6.6 ppt y-o-y1,491,169

4、sqm03 new Grade B:CMC Creative Space and Cobi Tower 1&2+41,382 sqmHanoiHCMCNote:(*)Asking rents and Vacancy rate of Grade A office in Hanoi with the introduction of TechnoParkTower would have been US$25.9 and 27.6%Asking rents are exclusive of VAT and Service ChargeSource:CBRE Research,Q4 2022.6VIET

5、NAM OFFICE MARKETAPAC OfficeRent TrackerCore locations/Grade A CBD in Hanoi and HCMC attract the highest rents and review higher than the pre-HCMCNote:Asking rents are exclusive of VAT and Service Charge.Source:CBRE Research,Q4 2022.$0$20$40$60$8020192022US$/sqm/month$-$20$40$60$8020192022US$/sqm/mo

6、nthAverage Rent-Grade AAverage Rent-Grade A CBDAdelaideRental Decline AcceleratingRents At Rental Growth AcceleratingRental Growth ModeratingRental Growth SlowingDelhi NCRTaipeiCanberraMumbaiSeoulBangalorePerthSydneyBangkokShanghaiGuangzhouTokyoKuala LumpurShenzhenCBRE VIETNAM MARKET OUTLOOK|2023 CB