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These are the same as in regional cities such as Thailand's Bangkok, Indonesia's Jakarta, Malaysia's Kuala Lumpur and the Philippines' Manila.
"That's why I believe office rent in Vietnam will be lower", Dodd told the Daily after a seminar on real estate investment held in HCMC earlier this month by the European Chamber of Commerce in Vietnam (EuroCham) last week.
CBRE Vietnam's managing director Marc Townsend describes such a decline as a "collapse" if the office rent will go that way. But he concedes the current office rent is "extremely expensive" and is at least twice that in those cities...
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