VIETNAM REAL ESTATE QUARTERLY KNOWLEDGE REPORT Q1 2019 

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The office market in Ho Chi Minh City continued to be
undersupplied. In 1Q2019, no new building came online,
thus the average occupancy rate and rent both increased. As of
the end of March 2019, the average asking rent among
grade-A office buildings in HCMC was approximately USD
52.5 per sqm, while the average among grade-B office
buildings in the city was around USD 25.6 per sqm.