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Along with the positive growth of GDP in the first two quarters of this year, the investment in the real estate sector in the South East also showed strong growth with supply and occupancy higher. The supply of industrial land for lease in industrial parks in the south at the end of June 2018 increased significantly compared to the fourth quarter of 2017, with a total land area of 37,030ha.
Along with the positive growth of GDP in the first two quarters of this year, the investment in the real estate sector in the South East also showed strong growth with supply and occupancy higher. The supply of industrial land for lease in industrial parks in the south at the end of June 2018 increased significantly compared to the fourth quarter of 2017, with a total land area of 37,030ha.
Of which, by the end of June, 2018, Ho Chi Minh City had a total area of 4,206 hectares with 77% occupancy, Dong Nai was 9,813 hectares and occupancy rate was 85%. Binh Duong is the largest industrial park with 10,931 ha, occupancy rate 88%; 1,305 hectares in Binh Phuoc, 85% occupancy rate.
Ho Chi Minh City achieved a total industrial land area of 4,206 hectares with a 77% occupancy rate.
With regard to rents, up to the second quarter of 2018, rents in the southern key economic zone increased by 4.7% compared to the fourth quarter of 2017. Of which, land rental in Ho Chi Minh City increased by 7% USD compared to the fourth quarter of 2017, continue to lead the southern area thanks to favorable location, nearly double the regional average. Assessing the prospects of the industrial property market in the coming time, JLL experts said that more than 11,940 ha of industrial land supply is expected to enter the southern market in the next three years, of which stages The expansion of existing projects contributes a large proportion.
In fact, not all IPs receive a lot of attention from manufacturers. Economic experts said that the top choice for building factories of investors, especially foreign investors are the industrial parks have been invested in infrastructure, electricity and water.
"Besides the general preferences of the State for each IP, foreign investors are interested in the network of suppliers of raw materials and auxiliary materials available for the operation of the plant in the IP. At the same time, they are also interested in both the procedures for licensing investment in the industrial zone is open, the license time to meet the progress of the project or not. If the investor of the IZ project does not have a good plan, do not have a synchronous connection, do not have enough legal procedures, the benefit from other incentives will not make sense to investors. "said Bui Nguyen Huyen Trang, a JLL consultant.
[Source: http://www.baoxaydung.com.vn]
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