CBRE Releases Q2 2019 Quarterly Report Highlights Ho Chi Minh City Market
In Q2, HCMC welcomed one new project (TNL Plaza, District 4) and one expansion (Aeon Celadon City, Tan Phu District), adding a total of 47,179 sq.m new supply to the market. Total accumulated supply is 1,050,000 sq.m from 58 projects, the highest in Vietnam, followed by Hanoi at the second place with 930,000 sqm. Currently, all other cities in Vietnam have less than 100,000 sq.m of modern retail NLA each.