2. Price stabilization policy
However, the economic situation in Vietnam is still being seriously affected by the epidemic when most businesses have had to suspend or maintain production activities to a minimum. Therefore, it is essential to adopt policies to stabilize land rents to solve financial difficulties.
The Government has timely paid attention to and intervened in this matter because the land rent in industrial zones is “surprisingly high.” Typically, there are plans to expand the scale of industrial zones with large areas of natural land for lease. Thanks to that, businesses will have more choices, and the price will be adjusted positively.
3. Land rental price list for industrial zones of Vietnam’s provinces and cities 2022
With the advantage of attracting abundance investment capital from abroad, industrial parks are increasingly focused on developing on a large scale and oriented towards sustainable development, continuously improving to meet market demand. That helps businesses have more choices in renting premises, ensuring the quality of the land and saving costs for businesses.
Source: CBRE Vietnam, Research & Consulting, Q3 2021.
4. Industrial park land for rent price
When renting industrial park land in the northern provinces such as Bac Ninh, Bac Giang, Hai Duong, Hai Phong, Hung Yen, Ha Nam, Thai Nguyen…, the lowest price ranges from 58 – 120 USD/m2/cycle rental period. The average price ranges from 67 – 190 USD/m2/lease cycle. The highest cost is 70 to 260 USD/m2/lease cycle. Hanoi is always the locality with the highest price.
In the central provinces and cities such as Nghe An, Quang Ngai, Quang Nam, Da Nang… The lowest price for industrial park land ranges from 38 – 50 USD/m2/lease cycle. The average price is 52 to 75 USD/m2/lease cycle. The highest rental rate is 65 to 100 USD/m2/lease cycle. In which Da Nang is always at the highest level.
In the southern provinces such as: Ho Chi Minh City, Dong Nai, Long An, Binh Duong, Ba Ria – Vung Tau, Tay Ninh… The average rental price is 90 – 225 USD/m2/lease cycle. The lowest rental cost is 50 – 150 USD/m2/lease cycle. The highest rental rate is from 100 to 300. Ho Chi Minh City is always the area where this rental rate peaks.
see more at: https://namdinhvu.com/latest-industrial-park-land-for-rent-update-2022/