Talking to Lao Dong reporter, Ms. Nguyen Thi Hien (living on Vu Tong Phan street, Thanh Xuan district) said that from the beginning of 2024 until now, many brands and stores on the route have continuously left and closed. Hang rental signs in bulk.
"It used to be the busiest commercial street, but in the past half year, the rows of shops here are posting transfer signs, renting out space in bulk. Even many homeowners here have continuously posted ads. renting space at preferential prices but the situation is still not very positive, there are no tenants" - Ms. Hien said.
After the tenant returned the premises at the end of 2023, Mr. Tran Ngoc Thuan (landlord on Ton Duc Thang Street, Dong Da District, Hanoi) is also posting information on the social network group about renting a 3-storey premises with an area of 3 floors. 115 m2/floor with price 60 million VND/month.
According to Mr. Thuan, tenants only need to pay the initial 1 month rent and deposit instead of paying 3 months rent and deposit as before to reduce pressure and cost burden. However, despite the incentives mentioned above, for more than half a year, the family's business premises have still not found a tenant.
Commenting on this situation, Mr. Nguyen The Diep - Vice Chairman of Hanoi Real Estate Club - said that in recent months, many business households, brands, and brands have had to return their premises and flee. away from major streets in Hanoi.
The reason is that many real estate segments are in the process of recovery. Meanwhile, as online business flourishes, direct shopping at many service stores tends to decrease.
"Investors and businesses need to calculate carefully, clearly see where business is good or not good because the trend now is online trading. Areas that can sell traditional products that cannot be sold Online shopping should also be considered.
For example, the food industry is a difficult field to sell online. In addition to enjoying food, consumers also tend to choose beautiful spaces and locations to enjoy it" - Mr. Diep said.
Mr. Nguyen Van Dinh - Chairman of the Vietnam Real Estate Brokers Association (Vars) - said that recently many business premises in Hanoi are vacant because business store owners cannot "bear" the costs. Premises rental, staff salaries, electricity and water bills.
This expert said that in recent times, business stores that were able to convert to an online format quickly returned to their premises and withdrew from the central streets of Hanoi to save costs.
This has led to a situation where many streets in the center of Hanoi have a series of vacant premises, and the return of business premises on these streets is also quite common.
