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Market Potential - Shophouse for Lease in Thu Duc City

Page 1

Shophouse

for
Han Ngoc Son OCTOBER, 2023
Lease

Thu Duc City accounted for more than 10% of HCMC’s population and has a rapid growth rate

Planning of Thu Duc City until 2040 shaping 10 key economic development clusters

Dense residential clusters tend to become sparse with convenient transportation connections

Future supply shifts

453,500 sqm

Up to 2025

Average annual increase in Retail leasing area

Average annual increase in Asking rent per sqm (up to 2023)

Shophouse supply is concentrated mainly on arterial roads and densely populated areas in Thu Duc City

Development trend of Township model

Remarkable Shophouse projects

Current status & Opportunities

9

Current Status

• • • • • • • • • • • •

Potential & Opportunities

HIGHEST POPULATION DENSITY

INCREASE RATE IN THE CITY

ABUNDANT & DIVERSE SUPPLY OF RETAIL LEASING SPACE

THE POPULATION IS HIGH INCOME AND DIVERSE IN NATIONALITY

REPUTABLE & PRESTIGIOUS DEVELOPERS & PROJECT MANAGEMENTS

COMPREHENSIVELY PLANNED

INFRASTRUCTURE & EASY CONNECTION WITH THE CBD

FLEXIBLE & ATTRACTIVE LEASING

POLICIES FOR TENANTS

more information regarding this presentation please contact: CBRE Vietnam Co., Ltd. – Retail Services E: retail.services@cbre.com
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