Bright colors on the office market for rent in 2022

DNHN - According to real estate experts, the office market for rent in 2022 is going to be a good place to work, even though the Covid-19 virus is still around. People in many countries around the world have seen their economy shrink a lot because of the Covid-19 pandemic in the last two years and because people have been getting sick.

Many businesses went bankrupt and gave back their offices, which had a big effect on the office real estate market. Along with that, the fact that people can work from home has changed the criteria and habits of people who want to buy this kind of real estate.

If in the past, things like rent, utilities, and so on were at the top of the list, now things that keep people healthy are at the top. Analysts say that demand and capacity utilization of modern office buildings have outpaced the market in the past because the pandemic has made people more aware of quality, health, and safety.

There are also things to think about when it comes to health and safety. Because of this, the truth is that even though the pandemic is hurting the market for office space, the Grade A office segment will still do well in 2021. 

Peakview Tower by Geleximco was erected on 36 Hoang Cau (Dong Da, Hanoi) which is a busy district. Despite recent difficult pandemic developments, Peakview Tower's occupancy rate remains stable. According to experts, large, useful, and well-designed offices aid. Even the virus-sick like this music. 

New administrative headquarters for the district It has various amenities owing to its excellent position and proximity to the city. In all, there are 49,040m2 on the building, including around 1200m2 on the ground floor. Lesser halls, conference rooms and restaurants can accommodate up to 400 people. Peakview Tower has also invested in world-renowned companies' equipment.

When examining the office market in the long run, specialists unanimously predict that the office market for lease in 2022 will have many brilliant colors, regardless of how the Covid-19 epidemic plays out. Labor shortages, supply disruptions, and inflation will progressively reduce as a result of increased vaccination coverage and modifications in epidemic prevention and control measures, as well as people gradually adjusting to the "new normal" of living.

Economic - commercial activity will gradually revive, people will return to the office to work more, resulting in a rise in demand for office usage and rental while supply has been relatively excellent in recent years.

Meanwhile, the rental price in the office market in Hanoi or Ho Chi Minh City is deemed cheaper than in other nations in the area, such as Singapore or Bangkok, Thailand, but the potential for hybrid economic growth is quite high.

Like a outcome, the office markets in Hanoi and Ho Chi Minh City continue to draw the interest of both domestic and foreign businesses. 

Analysts warn out, however, that the pandemic's precarious state still requires office investors to make right judgments and solutions in order to respond to shifting market requirements and retain and recruit tenants. As a consequence, only projects that place a premium on quality, design, current technology, and synchronous services will be able to "survive" market changes.

Lan Ha