VARS said that in the period of 2021 - 2025, Hai Phong is building 15 new industrial zones with an area of 6,700 hectares to achieve the goal of attracting US$12-15 billion in FDI for the above period.
In the market report of the Vietnam Association of Realtors (VARS), talking about the situation of the real estate market (real estate) in the regions, this unit said, in Hai Phong, in the first 6 months of 2022, The transaction situation of projects was quite good, however, from July 2022 to the end of the year, the market recorded a decrease in liquidity of about 60%, especially there were projects that decreased by 80%.
In the last months of 2022, real estate prices have adjusted. Luxury products recorded a 10% decrease, some projects in the mid-end segment decreased by 20-25%. The price of land and residential areas decreased by 5 - 40%. Some projects offer a discount of over 40% when paying 95% of the progress.
The implementation of the legal review of projects also caused the supply in the market to decrease sharply. In the fourth quarter of 2022, the supply decreased by 80-90%.
Regarding the real estate market of industrial zones (IZs) in Hai Phong, according to data from VARS, Hai Phong currently has 14 IPs that are implementing investment, construction, and infrastructure trading activities with a total area of 6,080 hectares ( 9 IPs are located in the economic zone (EZ) Dinh Vu - Cat Hai and 5 industrial zones are outside the EZ).
The estimated land fund for industrial development during the period of 2021-2030, with a vision towards 2050.
Source: VARS
To achieve the goal of attracting USD 12-15 billion in FDI in the period of 2020 - 2025, Hai Phong is focusing on encouraging the expansion and development of new industrial zones, and preparing a land fund to serve investors. In the period of 2021 - 2025, the port city is constructing 15 new industrial zones with an area of 6,700 ha.
VARS added that the occupancy rate of industrial zones in Hai Phong is over 90% with the average rental price of industrial real estate up to 96 USD/m2 per rental cycle, which is high in the Northern market. Some typical industrial real estate projects are open for sale, including Nam Cau Kien Industrial Park with a 60% occupancy rate, DeepC with a 60% occupancy rate, and Nam Dinh Vu with a 50% occupancy rate.
Besides, the pioneering eco-industrial park model of eco-industrial real estate also accounts for 16.5%, including Nam Cau Kien with an area of 263.32 hectares, and Deep C with an area of 1,736 hectares.
Regarding the residential real estate market in Hai Phong, VARS statistics the absorption rate of some high-end projects under construction as follows: Hoang Huy Commerce (55%), Hoang Huy Grand Tower (89%), The Legend of BRG (83%), The Minato Residence (95%), Dimond Crown Plaza (20%).
As for the social housing segment, affordable apartments have an absorption rate of 100%, and the selling price of apartments deployed by investor Hoang Huy is 11-14 million/m2.
Regarding the resort and rental real estate market, according to VARS, currently, in Hai Phong, only the Dragon Hill International project has begun to open for sale, which is a highlight for the market.
In terms of business premises, the rental price of business premises in the central streets decreased by 20-30% and decreased by 40% compared to the first quarter of 2022. Apartment rental prices decreased by 30%, occupancy rate reached about 40%.
For the office segment, the occupancy rate is not high. The rental area in the buildings is quite vacant. Offices are concentrated mainly on Le Hong Phong, Tran Phu, and Le Thanh Tong streets,...
(Doanh nghiep & Kinh doanh)
List of companies in Industrial parks in Hai Phong: