Race to invest in business premises in big cities

Space is scarce

The retail market is gradually becoming active again as a new normal is established. The recently released report of Savills Asia – Pacific on the retail market said that Vietnam and China are the two countries with the fastest recovery in the retail market in big cities. Hanoi and Ho Chi Minh City still maintain a rental growth rate of about 0.5-13%.

A representative of the leasing department of a large service chain in Ho Chi Minh City said that it is not easy to find the ideal business premises, with a beautiful location, with a large number of available customers. The current trend is that tenants are gradually shifting from expensive street fronts to business townhouses in the bustling metropolis to balance costs and increase access to on-site guests, he said. instead of the past.

Commercial townhouses in megacities increase access to local customers

In addition, according to Savills, domestic consumption has “energized” the retail space market during the epidemic season, especially the retail segment in the new downtown and suburban areas. In markets that recorded growth, demand was driven by consumption from local residents and visitors. It is the dynamism and sustainability of the service and retail market that has attracted many domestic and foreign retail giants.

Ms. Tran Pham Phuong Quyen – manager of the retail space leasing department of Savills Ho Chi Minh City, said that recently, many domestic and foreign brands have continuously launched new points of sale with a large scale of up to thousands of square meters. in HCMC.

According to experts, the rental space segment in modern megacities around Ho Chi Minh City currently has a “fertile” source of space, the ability to grow steadily in the long term for many reasons.

Firstly, now that the whole country has returned to a new normal, all social activities will surely stabilize, creating great confidence for investors. Besides, with the advantage of population and the level of urbanization available, Ho Chi Minh City is still the target of international brands. Not to mention, the young population, the number of wealthy people concentrated in famous cities, the potential for growth of the retail industry, etc. are all reasons for investors to be willing to put down money in projects such as such as: chicken “lays golden eggs” on retail premises.

Potential commercial townhouses Vinhomes Grand Park Thu Duc

Early in anticipation of the trend of shifting investment to new centers, Vinhomes Grand Park in Thu Duc city is preparing to launch a chain of commercial townhouses which is considered a “blockbuster” with extremely limited quantities, located in a very limited location. at prime locations, the busiest in the urban area of ​​more than 271 hectares.

The reason that the commercial townhouses in Vinhomes Grand Park promise to storm the market is because they fully grasp the business advantages that few projects can match. Specifically, commercial townhouse products are preferred to be located in the most vibrant shopping and entertainment centers in the metropolis – where many types of business services are gathered, ready to welcome customers from more than 1,400 villas, tens of thousands of apartments.

In addition, with dozens of iconic works of the city such as the 36ha grand park, Manhattan Glory Marina, Avenue of Lights…, Vinhomes Grand Park is an attractive destination for relaxation and entertainment every weekend or holiday. millions of visitors, creating an abundant source of space for investors.

Commercial townhouses own the busiest locations in the heart of the urban Vinhomes Grand Park

Commercial townhouses are also arranged adjacent to each other to form busy streets that are very convenient for the owner’s business. Located in the heart of Thu Duc City, a chain of commercial townhouses will create a diversified, complete and self-contained business environment, serving all the needs of the elite residents. This is a great advantage, is an investment product to anticipate the future of wise investors.

With an extremely limited number of apartments, and in the middle of the “prosperous center” of the busiest metropolis of Thu Duc City, the commercial townhouses at Vinhomes Grand Park bring unlimited profitability to investors. Investors.

The Dinh