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'Office rent fees in HCMC drops by 20 percent'

'Office rent fees in HCMC drops by 20 percent'
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Office rent fees in HCMC drops by 20 percent

05/11/09 22:43

Office rent fees in Ho Chi Minh City, Vietnam, have dropped as demand continue to go down amidst a global financial crisis.

According to reports, office rates have dropped by an average of 20 percent to $57.30 per square meters for grade-A office spaces. The sharp decrease in foreign direct investment (around 40 percent) was considered as the reason behind the sharp drop in office space demand.

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20090511-224337-Office-rent-fees-in-HCMC-drops-by-20-percent ho chi minh city 'Office rent fees in HCMC drops by 20 percent'