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In Ho Chi Minh City, office buildings for rent are categorized into Class A, B, and C based on criteria like location, amenities, services, construction quality, and rental price. Grade A buildings are often the choice for large and international companies, while Grade B and C are more suited to medium and smaller businesses.
Flexibility and cost savings are the most outstanding features that serviced office offers to tenants. In the economic fluctuation, it is an ideal choice more than ever.
The Ho Chi Minh City office market has witnessed strong growth in supply with the construction of many new office buildings, especially in central districts such as District 1, District 3, and newly developed areas like District 7, Binh Thanh District, and Thu Duc City.
| Popular office rental areas | Rental Prices |
| Office Space in District 1 | $15 - $80/m2 |
| Office Space in District 2 | $10 - $60/m2 |
| Office Space in District 3 | $15 - $50/m2 |
| Office Space in District 7 | $10 - $50/m2 |
| Office Space in Tan Binh | $10 - $45/m2 |
| Office Space in Phu Nhuan | $10 - $35/m2 |
In 2024, there are promising positive developments expected in the office rental market in Ho Chi Minh City. Explore detailed information on available office for rent in Ho Chi Minh city and receive immediate proposals and comprehensive comparative reports from Maison Office. You will quickly gain an overview of the market and efficiently select an office space suitable for your business.
The Ho Chi Minh City office market is witnessing a strong increase in supply with many new projects being completed and put into use. Some skyscrapers introduced in 2023 include The Hallmark, The Mett, The Nexus, The Crest Tower B, The Sun Tower, etc.
| Office rental area |
Office buildings |
|
| 1 | Office for lease in district 1 | +304 buildings |
| 2 | Office for lease in Tan Binh District | +235 buildings |
| 3 | Office for lease in district 3 | +194 buildings |
| 4 | Office for lease in Binh Thanh District | +204 buildings |
| 5 | Office for lease in Phu Nhuan District | +115 buildings |
| 6 | Office for lease in District 2 | +130 buildings |
| 7 | Office for lease inDistrict 7 | +60 buildings |
| 8 | Office for lease in District 10 | +57 buildings |
| 9 | Office for lease in District 4 | +44 buildings |
| 10 | Office for lease in District 5 | +26 buildings |
Ho Chi Minh City has many areas that are thriving in terms of office development, with a continuous construction of office buildings. Prominent among these are District 1, District 3, Phu Nhuan District, Binh Thanh District, Tan Binh District, and District 7. These areas are strategically located and easily accessible to amenities, services, and major transportation routes of the city.
The demand for office for lease in HCMC is rapidly increasing due to the robust development of the economy, as well as the service and industrial sectors. However, the supply of new office spaces does not meet the demand, resulting in a shortage of offices in certain areas.
Along with the development of the digital economy and changes in working patterns post-pandemic, the demand for flexible and shared office spaces is increasing. This encourages investors and office owners to diversify their products, offering flexible office solutions to meet this demand.
In the modern context, focusing on green, smart, and sustainable working environments has become a top priority for businesses. This not only reflects the corporate responsibility towards the environment and society but also helps create a positive workspace, encouraging creativity and enhancing employee work performance. To meet this demand, new office buildings are increasingly integrating smart technologies and energy-saving solutions to become more environmentally friendly.
This not only helps minimize negative impacts on the environment but also provides employees with green spaces to enjoy during their work. Thanks to these efforts, office buildings not only become more attractive to businesses looking for new workspaces but also contribute to building a sustainable future for the community.
Office rental prices in Ho Chi Minh City range from 15 USD/sqm/month to 70 USD/sqm/month, depending on the building’s location, the scale of design & finishing equipment at the building, and depending on the vacancy rate, the duration of vacancies at any given time & the level of competition from neighboring buildings.The vacancy rates for both Grade A and B buildings have decreased due to the market quickly absorbing new spaces as well as the lack of new supply. Grade A offices in Ho Chi Minh City recorded a vacancy rate of 10%, while Grade B’s vacancy rate reached 15%.The limited supply is also one of the reasons why office rental prices in Ho Chi Minh City are higher than in Hanoi. Specifically:
| Office segment | Office rental price |
| Grade A office in HCMC | $35 – $70/sqm |
| Grade B office in HCMC | $20 – $35/sqm |
| Grade C office in HCMC | $12 – $20sqm |
| Economy office space in HCMC | < $12/sqm |
Grade A office buildings in District 1 have rental prices exceeding $50/m2. Examples include Deutsches Haus, Bitexco Financial Tower, Vietcombank Tower, and Saigon Centre 2.
Grade B office spaces constitute a significant proportion of the available options in Ho Chi Minh City, evenly distributed across various areas.Grade B office buildings typically offer large floor areas, flexible divisions into different spaces, and the ability to meet the needs of businesses of various scales.Grade C office spaces offer a wide range of choices and prices. Among the Grade C options, there are many options available, including small-scale buildings and office spaces within residential complexes.
| Office building for lease | Address Building | Grade office building |
| Vietcombank Tower | 5 Cong Truong Me Linh Street, Ben Nghe, District 1 | Grade A |
| Saigon Centre 2 | 67 Le Loi Street, Ben Nghe, District 1 | Grade A |
| Bitexco Financial Tower | 2 Hai Trieu Street, Ben Nghe, District 1 | Grade A |
| 9 Ton Duc Thang Tower | 09-11 Ton Duc Thang Street, Ben Nghe, District 1 | Grade A |
| Lim Tower 3 | 29A Nguyen Dinh Chieu Street, Da Kao, District 1 | Grade A |
| Empress Tower | 138-142 Hai Ba Trung Street, Da Kao, District 1 | Grade B+ |
| Vincom Center Tower | 72 Le Thanh Ton Street, Ben Nghe, District 1 | Grade B+ |
| Doji Tower | 81-85 Ham Nghi Street, Nguyen Thai Binh, District 1 | Grade B |
| The Landmark Tower | 5B Ton Duc Thang Street, Ben Nghe, District 1 | Grade B |
| The Hallmark | 1 Thu Thiem Urban Area, Thu Duc City | Grade A |
| The METT | Plot 1.13 Thu Thiem Urban Area, Thu Duc City | Grade A |
| Cantavil Premier Building | 8 Hanoi Highway, An Phu, District 2 | Grade B |
| Pearl 5 | 5 Le Quy Don Street, Ward 6, District 3 | Grade A |
| Centec Tower | 72-74 Nguyen Thi Minh Khai Street, Ward 6, District 3 | Grade A |
| Nexx Building | 32 Pham Ngoc Thach Street, Ward 6, District 3 | Grade B+ |
| Alpha Tower | 151 Nguyễn Đình Chiểu Street, Ward 6, District 3 | Grade B+ |
| Cobi Tower I-II | 69 Hoang Van Thai Street, Tan Phu Ward, District 7 | Grade A |
| UOA Tower | 6 Tan Trao Street, Tan Phu Ward, District 7 | Grade A |
| CMC Creative Space | Road 19, Tan Thuan Export Processing Zone, District 7 | Grade B |
| The Grace Tower | 71 Hoang Van Thai Street, Tan Phu Ward, District 7 | Grade B |
| Viettel Complex Tower | 285 Cach Mang Thang 8 Street, District 10 | Grade A |
| CII Tower | 152 Dien Bien Phu Street, Ward 25, Binh Thanh District | Grade B |
| Pearl Plaza | 561 Dien Bien Phu Street, Ward 25, Binh Thanh District | Grade B |
| L’mak Long Tower | 101-103 Nguyen Cuu Van Street, Ward 25, Binh Thanh District | Grade B |
| The Six8 Building | 24 – 26 Phan Dinh Giot Street, Ward 2, Tan Binh District | Grade B |
| TTC Tower | 253 Hoang Van Thu Street, Ward 2, Tan Binh District | Grade B |
| ETown Building | Cong Hoa Street, Ward 13, Tan Binh District | Grade B |
| Centre Point Tower | 106 Nguyen Van Troi Street, Ward 8, Phu Nhuan District | Grade A |
| Newtecons Tower | 96 Phan Dang Luu Street, Ward 5, Phu Nhuan District | Grade B |
| OfficeHaus | 32 Bo Bao Tan Thang Street, Tan Phu District | Grade A |
Over the next two years, the Ho Chi Minh City office market will continue to witness the emergence of many new office projects, especially in the Grade A and B segments. Below are some new office buildings expected to be completed and operational in the period from 2024 to 2026.
| STT | Office building | Address Building |
| 1 | Vinatex Building | 39 – 41- 43 Vo Van Kiet street, District 1 |
| 2 | Daikin Tower | 10 Cong Truong Quoc Te street, District 3 |
| 3 | Victory Tower | 318-320 Nguyen Oanh street, Go Vap district |
| 4 | The Sun Tower | 2 Ton Duc Thang street, District 1 |
| 5 | LP Bank Tower | 43-47 Nguyen Thi Minh Khai street, District 1 |
| 6 | ETown 6 | 364 Cong Hoa street, Tan Binh district |
| 7 | V Plaza Towersn | Nguyen Van Linh street, District 7 |
| 8 | TD Tower | Xa lo Ha Noi street, Thu Duc city |
| 9 | Saigon Luxury | 11D Thi Sach street, District 1 |
| 10 | A&T Building | District 1, Ho Chi Minh citr |
When leasing an office space in Ho Chi Minh City, the rental price is always a crucial factor to consider. What you need to focus on is the total cost you have to pay. The rental price is just a cost factor, so don’t solely choose a building based on comparing the unit price.Typically, a professional office building will have the following types of office rental costs:
Maison Office, an office rental service provider, supports customers in quickly finding office spaces with good rental prices. This is possible due to their market understanding, expertise, and strong partnerships with all office buildings. We ensure objectivity and transparency, allowing clients to directly receive quotes, evaluate and select suitable offices, and directly negotiate contracts. Maison Office will support clients in negotiating the best rental conditions for offices in Ho Chi Minh City.
Maison Office is proud to be one of the reputable agencies specializing in office leasing consultation in Ho Chi Minh City. We are confident in providing our clients with ideal workspaces, from luxurious, high-class offices to flexible, creative workspaces, offering maximum support for the development and success of businesses. The consultation process for finding office rentals at Maison Office includes:
With extensive experience and expertise in the industry, Maison Office always commits to:
Let Maison Office be your trusted partner, contributing to the sustainable development of your business. Contact us today to explore ideal office solutions and start a new chapter for your business!📞 Call now 09 889 02468 for consultation and support in finding office rentals quickly!
Here are some frequently asked questions people might have when renting an office space:
Maison Office’s office rental service is entirely free for tenants. Clients do not have to pay any fees.
Office buildings usually operate from 8AM – 6PM on Weekdays and from 8AM – 12PM on Saturdays.– Overtime with central air conditioning usage: Additional fees apply.– Overtime without central air conditioning usage: Some buildings charge, using methods such as:
Typically, buildings require a 3-month rent deposit and payment every 3 months in advance. Grade A, B, and C buildings usually do not negotiate this term.
Generally, lease contracts are for a minimum of 3 years, although some buildings may accept 2-year leases. – Businesses looking to rent office spaces often prefer longer-term leases to minimize costs associated with office design and setup and to maintain stability in their office operations.
NET area is the actual space that tenants pay for and use for their business purposes. Common areas such as restrooms, lobbies, hallways, elevators, and staircases are not included in the NET area, tenants are not required to pay rent for these areas.– GROSS area includes both the NET area (actual tenant space) and a portion of shared common areas, such as elevators, corridors, male and female toilets, reception areas, and fire exits.
Maison Office is one of the leading brands in the field of office leasing consultancy in Ho Chi Minh City and Hanoi.
HCMC Office: 3F – ACM Building, 96 Cao Thang street, Ward 4, District 3, Ho Chi Minh City.
Hanoi Office: 1F AC Building, 3/78 Duy Tan, Dich Vong Hau Ward, Cau Giay District
Email:
info@maisonoffice.vn
Hotline:
098.890.2468
HCMC Office
Hanoi Office
