What is the price of a warehouse for rent near HCMC in Vietnam?
There are many crucial factors that enterprises have to consider when renting a warehouse to start a business. One of them that a tenant can not ignore is the rent issue. However, the rental market is always diverse and full of fluctuations. Therefore, decide an appropriate rental price is still a challenge for enterprises.
The article below will give you four things you have to know about the price of a warehouse for rent in general and the price of a warehouse for rent near HCMC in particular.
4 things you have to know about the price of a warehouse for rent near HCMC
1/ Renting a warehouse for rent near HCMC will be cheaper than in the center.
In the real estate market in general, of course, with the prime locations near the center, the price will be higher than those located far from the center, maybe on some narrow roads. Similar to the factory for rent market, it can be safe to say that the price for a warehouse for rent near HCMC in crowded-populated areas will be much different from the locations in Ho Chi Minh City, which are densely populated. In fact, the factory for rent market is fluctuating from 2.6 USD to 4.6 USD. In particular, the price from 2.6 USD to 2.8 USD is usually suitable for workshops in remote areas.
2/ Leasing for a long time will receive a discount.
Factory for rent providers usually offers a minimum rental time-limit for customers from 2 to 3 years and above. Now, the most popular rental period is from 3 years to 5 years. This level of time is proper for enterprises to consider whether their business is good or not. If after this time, they still want to continue their trading, they will extend the agreement or find a more appropriate location to move.
It is up to each factory for rent provider, you will receive a specific time - limit' s mean. In some ways, the period of 3 to 5 years has also been considered a long-term lease. In some agencies supplying factory for rent near HCMC, investors will come into constant rent if you decide to enjoy their service for a long time. The price of a warehouse for rent near HCMC will keep in a stable state. Since then, enterprises will not be affected by real estate fluctuations.
In addition, if customers rent factories for about 10 years or more, they will always receive a lower price to maintain cooperation from enterprises. On the other hand, depending on the customers and the time when renting the factory, a more preferential price will be applied with a discount from 0.1 USD to 0.2 USD.
3/ The rent of the factory should include management and maintenance costs.
Many companies providing factories are usually tricking customers about the price issues when signing contracts by the way of only writing the rent in general without mentioning other detailed information. After that, in the process of leasing, they will talk about other incurred costs for some services such as infrastructure or repairing.
If enterprises do not pay much attention when renting a workshop, they will likely to sustain many incurred additional costs. Therefore, when negotiating with the factory for rent company, you must clarify this issue. Does the factory rent include all related expenses? For example management fees, maintenance costs to avoid inadequacies after.
4/ New workshops with good facilities and additional services will cost more
The price of a factory for rent is also very dependent on the condition of the factory. Workshops that are completely new, having good infrastructure and ensuring safety will cost more than used factories.
Not only that one, nowadays, with the competitive tendency and the goal of satisfying all the customers' demands, the rental company has also been giving many other accompanying services. In particular, additional services can be security services, commodity management services, forklift rental services, legal documentation services, and law consulting services. With this great benefit, of course, the price that enterprises have to pay is often higher than in traditional factories without any services.
In general, the price of a warehouse for rent near HCMC will be more economical for investors. To answer the question that the factory is appropriate for your business or not, you have to rely on many factors. It can be scale production, commodities of enterprises or financial capacity, etc. Therefore, enterprises should consider and choose carefully to develop for a long-term future.