HCMC high-end shophouses attract few tenants

[snoop1130]

A real estate project in District 2, HCMC. Photo by VnExpress/Quynh Tran

 

Commercial shophouses worth VND70-80 billion ($3-3.4 million) in HCMC that are being rented out for VND130-140 million a month are getting few tenants.

 

A VnExpress survey early this month showed many of the high end shophouses along Nguyen Co Thach Road remained vacant. On the lower tier, shophouses worth VND27-35 billion with monthly rents of VND30-58 million along Dong Van Cong Road, and those with monthly rents of VND18-20 million in the Cat Lai area were in the same situation.

 

The owners of many shophouses along Pham Van Dong Road are offering lower rents to lure new tenants.

 

Full Story: https://e.vnexpress.net/news/business/industries/hcmc-high-end-shophouses-attract-few-tenants-4398993.html

 

-- © Copyright VN Express 2021-12-06