Wednesday, July 17, 2019 9:14:14 PM - Markets open
VN-INDEX 982.57 +0.46/+0.05%
HNX-INDEX 106.58 +0.73/+0.69%
UPCOM-INDEX 57.05 -0.25/-0.44%
Property market to see new development trends in 2019
VietnamPlus - 2/11/2019 7:52:16 AM
 (0 ratings. You must sign in to rate.)
Several new development trends are emerging in the real estate market, which is expected to remain strong in 2019 since the economy continues to grow robustly and there is a lot of investment flowing into infrastructure.
 
According to real estate and investment management services firm Jones Lang Lasalle (JLL), in 2019 the mid-priced and affordable segment will dominate the market.
 
In HCM City, the supply of finished apartments in all segments has reached 160,000 units, corresponding to a rate of 17 apartments/1,000 people.
 
At the same time, flexible workspaces are becoming more and more popular around the country, largely due to the limited supply of traditional office space in sought-after locations.
 
The market is still in its infancy though the first serviced office, Regus, has been operating since 1999.
 
Flexible space is often considered the answer to small companies and start-ups’ needs rather than traditional offices because of reduced costs due to sharing space and facilities.
 
With the strong growth in e-commerce, JLL predicted technology companies would continue to hunt for ideal office buildings and quickly become the main tenant category, providing an opportunity for investors who can build offices in time to keep up with demand.
 
For technology companies, their office location must be able to attract talent and have convenient transportation with live-work-play facilities integrated into the surrounding environment.
 
“The logistics industry will grow along with e-commerce,” Stephen Wyatt, general director of JLL Vietnam, pointed out.
 
In Vietnam, online shopping activities are increasing in step with the rapid growth of smart phones and 4G networks.
 
There is thus increasing pressure on logistics systems, supply chains, distribution and retail channels, and factories and warehouses.
 
Compared to other countries in its neighbourhood, Vietnam’s logistics market is still in its infancy.
 
The final trend, a “hotel” lifestyle, is expected to be popular with millennials, or people born between 1980 and 2000.
 
People of this generation are unlikely to stay with their parents and prefer to have their own space.-VNA 
 
Read original article here
Newer News
13:04 VN, South Korea trade, investment ties on strong footing: seminar
13/07 Japanese multi-sector group to expand operation in Vietnam
12/07 CPTPP boosts export opportunities in Japan
11/07 Việt Nam’s forestry sector targets US$11 billion in export
10/07 MoIT tightens supervision to avoid trade sanctions
05/07 Investment promotion conference held in London
04/07 Deputy PM requests control of CPI
03/07 CPTPP opens up opportunities for agricultural products
02/07 Dialogue spotlights EU-Vietnam free trade, investment protection pacts
01/07 More chances for stronger Vietnam-Canada investment ties
Older News
30/01 Hà Nội urged to change ways of using FDI capital
30/01 Prime Minister approves plan to implement CPTPP
28/01 Hanoi’s CPI increases 0.22 percent before Tet
25/01 Trade promotion to focus on innovation this year
24/01 Vietnam further drops on global talent index
22/01 Petrol imports to be reduced this year
19/01 Vietnam, US bolster economic cooperation
17/01 VN eyes private investment in infrastructure projects
16/01 Buon Ma Thuot coffee festival to take place from March 9-16
16/01 Quang Tri builds internationally-certified shrimp farming zones
 
Newsletter Signup
Top Stories
Credit institutions warned about P2P lending
CPTPP boosts export opportunities in Japan
Deutsche Bank's restructuring not expected to harm VN market
VN to boost professional real estate brokers
Việt Nam's insurance industry keeps thriving in H1 2019
Market Update
Last updated at 3:09:27 PM
VN-INDEX 982.57 +0.46/+0.05%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.