Real estate Hanoi still needs time to "warm" up
after a period of "hibernation" is quite long, Hanoi property market are positive signs. Flow of money among the people has also gradually shifted towards the property. Some segment of the growing optimism. However, real estate market will still need some time to really see the effects of the policy easing recent interest of State.
This is the review of the CBRE Vietnam property market Hanoi, during the last quarter of 2011.
optimism with "health" Office market
According to the latest research by CBRE, in Q3 2011, Office leasing market in Hanoi, there were many positive signs, with high demand. This was specifically over the total area for rent are all over the market reached approximately 13,000 m², equivalent to the level of new supply in the market. CBRE valuation, This drum fill level is a sign of extreme optimism and a good proportion in any one market in the world.
Total percentage of blank area around the market decreased from 14.8 percent the previous quarter to 12.55% in this quarter. Private class A Office segment, the proportion of space also decreased from 5% to 4.69%. The figure corresponds to B class Office segment is from near 17% to 15.77%.
operations for rental takes place more for new class B buildings was completed in 2011. The most active are the system offices in the Western region at affordable rental rates [From 18 USD back down-PV] to be filled more quickly. Meanwhile,
the price offered for the average rental of grade A buildings in Q3 also began to increase again, reaching approximately USD 40 per month after a quarter dropped 37.5 rate USD/m2/month. Price increases mainly in the regional building downtown.
Prediction of the development trend of office leasing market from now to the end of the year, representative of the CBRE said that in the 4th quarter, the market expected a huge supply when Keangnam building came into operation. The event will strongly influence the small scale office buildings than in the West, creating a strong competition in this area.
Besides that, with a series of projects will be completed in the coming time as South Korean building Viet Tower, the building project, the combination of VTC Online shopping malls and markets, the combination of Vincom's projects will also contribute to forming the u.s. market area south of the city.
With such optimistic signs, along with high-tech businesses today are in need of Office, CBRE forecasts, the market in the last 3 months of the year will also be "warm" in a positive way.
housing prices, land hard strong fluctuations
even though, in the third quarter, only 1,700 flats are offered for sale recently, lost far numbers 17,000 units launched in the first 6 months, but CBRE remains optimistic on the potential growth of this segment.
', the housing market in Q3 pretty deposition is due to the common market, slowed in July, lunar calendar. In addition, the attractiveness of other channels in private ñầu as gold and bank deposits well attention out of the apartment market, "CBRE agent reviews.
in addition, the third quarter also did not have the presence of major projects occupying ñến 1/2 or 1/3 of new supply, as in ñầu half of 2011 with two Royal City and Times City. Instead, most of the projects are just a small part of the arc of the project, about 150 units or less aimed at exploring markets in difficult times.
The serenity of this relative was pulled by the price offered for sale to the secondary tends to decrease. While the budget segment and to maintain the price level of the previous quarter, the upscale and luxury segment saw prices drop slightly, about 2%.
Eastern region, including Long bien and Gia Lam, the price offered is stable or increased slightly (about 3%). This is in contrast with the general downward trend of the market, reflecting growing concerns for the eastern region. While ñó, painting in the Western region. While the CAU Giay and TU Liem has offered price stable, the County Ha se continues to reduce heat in this quarter with the price offered for sale decreased 2.5% compared to the previous quarter.
However, according to CBRE, which in the context of the market relatively quiet as such, people with real needs in terms of housing benefit. This is also the main source of demand in the past and are forecast to continue to be maintained through the end of 2011.
The 4th quarter is also expected to be the most exciting time of year, so many people tend to complete the sale to home ñịnh before the lunar new year and disbursed funds surplus on occasion. This is expected to put an end to the trend decrease of the price offered for sale on the secondary market, however the level fluctuations likely
.Private housing markets in the urban areas of Hanoi, through the survey of 67 municipalities, or CBRE, the ability to raise prices in the last three months of the year was quite difficult. There are 68% of surveyed projects are offered for sale to the secondary kept; 20% price reduction. Some of the projects the price increase is mainly due to the impact from the rumors of speculation. So, the actual trading volume in recent years is also very less. CBRE forecasts, housing prices in urban areas have increased during the period from October to the end of 2011.
đang được dịch, vui lòng đợi..