According to ESOMAR market research:
In 2024, industrial real estate will continue to be a bright spot in the general market of Vietnam.
The driving force of domestic economic growth, actively promoting foreign direct investment and infrastructure investment,
and an improved investment environment will become an important foundation for the strong development
of the industrial real estate market segment in 2025.
Statistics from the Ministry of Planning and Investment of Vietnam show that the Vietnamese industrial real estate market
has improved significantly and supply continues to increase.
Data from CBRE, a US commercial real estate services company, shows that the coverage rate of industrial real estate in northern
industrial parks is 80% and in the southern region is 89%. The rental price gap between the two major industrial parks has gradually
narrowed due to the sharp increase in industrial real estate rental prices in northern markets such as Hai Duong and Hai Phong.
By the end of 2024, the average rental price of industrial parks in the North reached 137 USD/m2, up 4.2% year-on-year;
while the rental price in the South reached 175 USD/m2, up 10.2% year-on-year. - up 1.4% year-on-year.
The potential for foreign investment to continue flowing into Vietnam in 2025 remains huge and is considered an important driving
force for the continued development of Vietnam's industrial real estate. In addition, the Government's acceleration of the
implementation of important infrastructure projects is also considered a positive move for industrial real estate.
According to Mr. Thomas Rooney, Deputy General Director of Industrial Services Savills Hanoi, the value of industrial real estate
is increasing along with the development of industries such as high-tech manufacturing and semiconductors. He believes that
Vietnam is becoming a strategic destination for large technology corporations thanks to its geographical advantage in the global
supply chain. The wave of investment in high-tech projects and R&D centers has boosted the demand for infrastructure and factories,
creating growth momentum for the industrial real estate market.
Vietnam's industrial real estate has the potential to develop widely by 2025. Therefore, the Vietnamese industrial real estate market
has great potential to achieve new breakthroughs in development by 2025.
ESOMAR Global Research Company will continue to update the latest news in the global market.
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