overviewd1nkx2lzb32qoz.cloudfront.net/wp...presentation... · • five newprojects: 73,000 m2 •...
TRANSCRIPT
OVERVIEW
Vietnam Economic Overview Q1/2018 Source: General Statistics Office (GSO)
8
9
1
0
1
2
3
4
8
9
2
0
1
2
3
4
SUPPLY
PERFORMANCE
3% QoQ
7% YoYmill ion m2
• Five new projects:73,000m2
• Three supermarkets and three retail centres closed.
Dept. Store
US$ 61/m 2/ mth
9% QoQ 4% YoY
Shopping Centre
US$ 47 /m 2/ mth
(3%) QoQ & (8%) YoY
Podium
US$ 37 /m 2/ mth
stable QoQ & YoY
Gross rent
(1%) QoQ (6%) & YoY
/m2/mthUS$4991%
(1)ppt QoQ
(2)ppts YoY
Occupancy
~ .
RETAIL
OUTLOOK
2017 2019 2020 202120189M/2018
~285,000 m2
~545,000 m2Till 2020
Office8
9
1
0
1
2
3
4
8
9
7
0
1
2
3
4
SUPPLY
PERFORMANCE
10% YoYmillion m2
• Opened: 1 Grade B, 3 Grade C
Gross rent
1% QoQ, 8% YoY
US$29/m2/mth
Grade A
US$ 53/m2/mth
1% QoQ, 7% YoY
A
Grade B
US$30/m2/mth
3% QoQ, 5% YoY
B
Grade C
US$19/m2/mth
1% QoQ, 3% YoY
C
0% ppt QoQ
& (1)ppt YoY
Occupancy
96%
> .
OFFICE
Office Index: 92, + 2 points QoQ, +6 points YoY
OUTLOOK
2017 2019 2020 20212018
~440,000 m2Till 2020
9M/2018
~24,000 m2
HOTEL
8
9
6
0
1
2
3
4
8
9
5
0
1
2
3
7
8
9
0
0
1
2
3
2
7
8
0
0
0
1
2
3
8
9
1
0
1
2
3
1
0% QoQ
2% YoYrooms
• 20 five-star • 26 four-star
• 87 three-star
Avg Occupancy
74%
(2ppts) QoQ 6ppts YoY
Sto
ck
US$122/ ro o m /night
(1%) QoQ 1%YoY
US$77 / ro o m /night
1% QoQ 10% YoY
US$47 / ro o m /night
4% QoQ 2% YoY
PERFORMANCE
> ,SUPPLY
HOTEL
ARRs
OUTLOOK
2017 2019 2020 20212018
~2,595 roomsTill 2020
9M/2018
860 rooms
8
9
5
0
1
2
3
4
8
9
1
0
1
2
3
7
8
9
0
0
1
2
3
2
7
8
0
0
0
1
2
3
6% QoQ
16% YoYunits
• Opened one each Grade
• Closed for renovation one Grade A
(3)ppts QoQ (4)ppts YoY
Avg Occupancy
84%
Sto
ck
Avg Gross rentGrade A
US$34 /m 2/ mth
2% QoQ, 2% YoY
A
PERFORMANCE
Grade B
US$26 /m 2/ mth
0% QoQ, 1% YoY
B
Grade C
US$16/m 2/ mth
0% QoQ, (1%) YoY
C
,>
SERVICED APARTMENT
SUPPLY
OUTLOOK
2017 2019 2020 202120189M/2018
~1,000 units
>1,600 unitsTill 2020
8
9
8
0
1
2
3
4
8
9
4
0
1
2
3
7
8
9
0
0
1
2
3
2
7
8
0
0
0
1
2
3
8
9
2
0
1
2
3
1
SUPPLY
PERFORMANCE
(13%) QoQ
(32%) YoY
units
• New: 12 new launches & 10 next phases
1ppt QoQ 26ppts YoY
Absorption
48%
Prim
ary
units(11%) QoQ 51% YoY
Sales
13,500> Grade A
(1%) QoQ
(44%) YoY
A
Grade B
(6%) QoQ
48% YoY
B
Grade C
13% QoQ
52% YoY
C
> ,
APARTMENT
A B C
OUTLOOK
2017 2019 2020 20212018 9M/2018
~48,500 units
(A: 8%; B: 29%; C: 64%)
~122,200 m2Till 2020
6
8
9
1
0
1
2
3
7
8
9
4
0
1
2
3
7
8
9
7
0
1
2
3
6
7
8
0
0
0
1
2
6
8
9
2
0
1
2
3
7
8
9
7
0
1
2
3
7
8
9
7
0
1
2
3
6
7
8
0
0
0
1
2
VILLA, TOWNHOUSE
• 4 new & 4 phase ~770 dwellings
• Sales (36%) QoQ 39% YoY
• 6 new & 3 phase ~1,550 plots
• Sales 4% QoQ 115% YoY
61%
Absorption
(7)ppts QoQ 26ppts YoY
LAND PLOT
8ppts QoQ 27ppts YoY
Absorption
71%
units(28%) QoQ (40%) YoY
>
Primary
plots(7%) QoQ 34% YoY
Primary
>
VILLA, TOWNHOUSE
, ,
OUTLOOK
2017 2019 2020 20212018 9M/2018
>5,800 units
>17,000 unitsTill 2020
Savills is a leading global real estate service provider listed on the London Stock Exchange. The company established in 1855, has a rich heritage with
unrivalled growth. It is a company that leads rather than follows, and now has over 700 offices and associates throughout the Americas, Europe, Asia
Pacific, Africa and the Middle East.
This report is for general informative purposes only. It may not be published, reproduced or quoted in part or in whole, nor may it be used as a basis for
any contract, prospectus, agreement or other document without prior consent. Whilst every effort has been made to ensure its accuracy, Savills accepts
no liability whatsoever for any direct or consequential loss arising from its use. The content is strictly copyright and reproduction of the whole or part of it in
any form is prohibited without written permission from Savills Research.
Note: Data collection and Presentation issued in Q1/2018
DISCLAIMER
