The warning came from Greg Ohan, director of Office Leasing Department of CBRE Vietnam at a press conference held in HCM City on September 25.

Mr Ohan said by the end of the third quarter, the average leasing price of level A offices had dropped slightly to more than US$30 per square metre per month and many companies planned move from B class to A-class buildings.

CBRE Vietnam said that more than 45,000 square metres of office space in level A and B buildings will be finished and launched on to the market soon.

The average leasing office space is 300 square metre with a rental price hovering between US$15-25 per month, but demand far exceeds supply.

The office space for lease in Bitexco Financial Tower - the highest building in the southern hub, has been amongst fully occupied most of the time.

In the meantime, four-fifths of ICON 68 building’s trade centre has been booked in advance including seven cinemas, restaurants and culinary areas before it officially opens in late November.