Industrial land rent continues to escalate

03/07/2017   Viewed: 572
Currently, the price of industrial land rent in the south increases by $ 2-5 per m2 on the lease period compared to the end of 2016.
 
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Jones Lang LaSale (JLL) Vietnam has just released a report on the industrial market in the southern provinces in the second quarter of 2017. Accordingly, the whole area of ​​Ho Chi Minh City has seen a rise in industrial land rental prices despite the 2016 market has continuously set up new land prices.

Specifically, the average rent per square meter on lease periods in HCMC's industrial parks has soared to $ 140.2 per square meter for the lease cycle while the remaining cities and boroughs bordering Saigon also reached the same level. The rent is 30-100 USD per m2.

In particular, the remaining leases of many of the industrial parks in the south are being gradually reduced as the number of years of mining is subtracted from the total land rent (50 years in common).

In the first half of 2017, the occupancy rate of southern industrial parks was nearly 75 percent, up 120 percentage points from the fourth quarter of 2016. In the five provinces of the South East, Binh Duong and Dong Nai are the most attractive destinations for industrial investment. Pre-fabricated factory segment is becoming more and more popular in many industrial parks in the south as the rental demand of small and medium enterprises tends to increase.

JLL forecasts occupancy rates and rents of the Southeast Industrial Zone will continue to increase in the future, mainly due to foreign investment and efforts by the Government to improve the environment. Investment school.
Baoxaydung

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