1. RETAIL: Increase in rent and occupancy

Total stock decreased -5% YoY as Big C temporarily stopped leasing. HaiChau district retained the largest market share and highest retail density, followed by ThanhKhe district.

Average ground floor gross rent reached a three-year high after a6% increase compared to 1H/2017 whilst occupancy grew 1ppts. HaiChau district had the most improved performance.

2H/2018 will welcome one project of 2,400 m². HaiChau district is expected to remain the most favored area by developers.


  1. OFFICE: Improved supply and rent

Total stock increased by 3% YoY due to the launch of Hilton Bach Dang with approximately 3,000 m². HaiChau district continued to dominate with 75% share. Over the past four years, stock has grown at an average 8% pa.

Average gross rent increased 12% YoY while occupancy decreased -4 pptsYoY. HaiChau district registered the most improved performance.

One new project providing 5,700 m² will come online in 2019. From 2020 onwards, over 48,000 m² will enter the market, mostly in HaiChau district.

For more information, click 27082018 – Savills report on Danang Real Estate Market 1H2018 – EN and 27081018 – Savills báo cáo tình hình thị trường Bất động sản Đà Nẵng – V…


In the toolbar of this website, click on “NEWS” for the drop down menu which includes: