➢ Office 

Strong net absorption forecasted in 2022 will ensure a stable occupancy rate. With the abundant supply coming, average asking rents of current projects are expected to slightly increased 1 – 2% to year end

➢ Retail: 

The Hanoi retail market has not yet seen significant changes in Q1 with no new supply. However, as eased social distancing measures continue to take place along with booster-dose vaccination campaigns, a strong bounce-back and optimistic market sentiment are expected in the year.

➢ Condominium

Limited new launches due to disruption of Tet holiday and a new wave ofCOVID-19 allowed sold units to continue to exceed new launches. Primary prices continue to rise.

➢ Industrial

Although there were three new projects coming into operation this quarter in Bac Ninh, average occupancy of industrial parks in key northern industrial markets remained positive.