Outlook 2023 Vietnam
HO CHI MINH CITY NEW SUPPLY
NEW SUPPLY (SQM)
New supply in HCMC is expected to reach about 65,000 sqm in 2023; however, this would come from outside the CBD. The next new CBD building will be The Nexus (30,000 sqm), which is currently under construction with expectant completion in 2024. Beyond 2024, supply is more
uncertain with at least three projects starting construction; recent market instability may influence the progress of these projects.
Source: Cushman & Wakefield
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