The excitement of retail premises market near the center of Ho Chi Minh city
In recent years, the lack of land fund with a good location and the increasing land rent have been the main majors that limit the development of retail premises projects in the center area. Instead, suburban areas, especially in the Industrial Parks near Ho Chi Minh city, are more attracting the investors, forming a new trend on the retail premises market today.
Booming the retail space supply outside the center
According to Savills Vietnam, the non-CBD area is increasingly attracting retail development investors because of high population density, moderate land price, and well-planned and growing transport and public utility infrastructure. As of Q3 / 2018, retail supply in the CBD accounts for only 12% in HCMC. Meanwhile, the market share of retail supply in non-CBD areas increased from 79% in 2013 to 87% in Q3 / 2018.
Meanwhile, the retail stores in the industrial parks near the center are gradually blooming. The Lock&Lock F2C store (Factory to Customers) in Long Hau Industrial Park attracts a large number of consumers in Ho Chi Minh city as well as neighborhoods.
Lock&Lock F2C store in Long Hau Industrial Park attracts a large number of consumers
The large land fund, reasonable rental cost, completed transport infrastructure, and developed residential areas are the success key for this trend. Besides that, retail brands are also easy to access with managers, experts, workers and employees who are working in industrial zones.
Long Hau Trading Center: The only retail premises in Long Hau Industrial Park
Long Hau Trading Center (the investor: Long Hau Corporation – LHC) is the first and only commercial center project in Long Hau Industrial Park. The project has a total area of 6,000m2, including 2 floors with a flexible leasing area from 60 - 3,000m2. In particular, the ground floor will priority for the bank, supermarket, convenience stores, cafeteria; the 1st floor will be for office work, consulting units, showrooms...
It is located on two fronts of Long Hau - Hiep Phuoc and Trung Tam streets. Surrounding the project is a community of nearly 200 businesses with more than 20,000 experts and workers. Besides, the project also has outstanding advantages: only 3 km from Tan Cang - Hiep Phuoc Port, SPCT Port; 12 km from Phu My Hung, District 7. This is the ideal location for investors and partners to set up a co-working space or representative office.
Long Hau Trading Building is located in the center of Long Hau IP
At the first stage, LHC is currently applying many attractive incentive policies for customers: with a contract of 5 years or more, customer will be free for the first 2 months rental fee for and 3 months management fee; with a contract from 3 years to less than 5 years, customer will be free for the first month rental fee and 2 months management fee.
The perspective of the ground floor, Long Hau Trading Center
The perspective of the 1st floor, Long Hau Trading Center
Long Hau Trading Center is the only retail selling area in Long Hau Industrial Park. The tenants will be granted a sales license included with the contract. With reasonable rental cost and effective support from LHC, we believe that investors and business owners will be assured of business and increase profitability in the future.
Contact LHC for a free consultation today:
- Hotline: 0906 938 599
- Email: sales@longhau.com.vn
- Website: longhau.com.vn
