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news Office rent fees in HCMC drops by 20 percent; Real Estate 87 Blog
  • -- ../../local/real87/ho_chi_minh_city/20090511-224337-Office-rent-fees-in-HCMC-drops-by-20-percent

    Office rent fees in HCMC drops by 20 percent


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    05/11/09 21:43

    Office rent fees in Ho Chi Minh City, Vietnam, have dropped as demand continue to go down amidst a global financial crisis.

    According to reports, office rates have dropped by an average of 20 percent to $57.30 per square meters for grade-A office spaces. The sharp decrease in foreign direct investment (around 40 percent) was considered as the reason behind the sharp drop in office space demand.

    [404 Check: was link to http:/ / www. thanhniennews. com/ business/ ?catid=2&newsid=48651, anchor: Link: Vietnam latest news - Thanh Nien Daily]

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