5 Types of Office Space in HCMC

Not only for working, the office is also the “face” of the brand, representing the company’s values. Have you ever wondered what types of office space are available in the office rental market or what types of office rentals are suitable for the size of your company and business? Here are 5 types of office space available in HCMC.

5 types of office space in HCMC

Currently, on the market, popular office rental forms that many people choose are often classified into 5 main types of office space including:

Office building

This model is often applied to large-scale buildings/office buildings, from 1000m2 or more. Office buildings are divide into 4 different standards including: Grade A, Grade B, Grade C and cheap.

Grade A offices, also known as luxury buildings, are located in prime locations, fronting the “golden land” of the city such as Le Duan, Dong Khoi… Being a Grade A building, the office is for rent. Here, it is also certainly equip with amenities. Meeting international standards, designed by a team of quality contractors, reputable investors and professional management units… Currently, this type of office There is a lack of supply, rental prices can be up to 80 USD/m2.

Compared to Grade A, Grade B office buildings for rent can still be locate in central locations but at more reasonable prices. This type of office is popular and has more supply than Grade A.

Grade C office buildings ranked in order will be above low-cost offices and behind Grade A and Grade B offices. So the evaluation standards are somewhat lower. However, Grade C offices are very suitable for newly establish businesses that want to save costs. In addition, Grade C offices for rent are often locate in areas farther from the center but also have a diverse number, making it easy for landlords to choose.

Having the cheapest rental fee among all office standards is low-cost office. Basically. Cheap office rental will help business owners save maximum costs while still ensuring a suitable working location. In particular, this is an office standard that is very popular with start-ups and small businesses.

Read more: Top 10 Office Building for Lease HCMC

Office apartment – Officetel – Types of office space

Officetel is one of the new types of office rentals born in Vietnam in recent years. This term is a combination of Office – office office and Hotel – hotel. This is a type of apartment that has both residential and office functions, with an area of 30m2 – 50m2 or more.

Office apartments are suitable for small companies with a limit number of employees from 4 to 10 people. In addition, Officetel is also used as a representative office of foreign companies that want to locate in Vietnam.

The main advantage of Officetel compared to other types of offices is that it is locate in a well-planned apartment complex. With full internal and external amenities, synchronous infrastructure, and civilized residents. Officetel also has a cheaper price than an office building, has a separate entrance and elevator lobby, etc. However, according to current law, apartment projects built for residential purposes cannot be rent for office use.

Only mixed-use apartments with integrate offices, shopping centers, etc. will have Officetel. Therefore, if you want to rent an office apartment, you need to carefully consider the legal aspects.

Read more: 8 Types of Coworking Space for Freelancers HCMC

Rent a whole house to use as an office

Some businesses want their offices to be locate on quiet internal roads, in alleys where cars can easily get in and out. Therefore, renting a whole house to use as an office or commercial townhouse is the most suitable choice.

The advantages of renting a whole house as an office compare to other types of offices include:

• Because it is a ground-level house, it is convenient to move around, without having to jostle or wait for the elevator.
• The area is larger than an office in a building, suitable for businesses with a large number of employees.
• The departments are clearly divided – each room of a house has a reception and living area.
• Prices are lower than offices in high-rise buildings.
• Hang company sign, register business address.
• You can repair and renovate the interior as desire (need to agree in advance with the lessor).
• Operate according to the time the business desires, without being dependent on a common office building.

Types of office space – Coworking Space

Co-working Space is a shared office model that has emerged in recent years. As one of the popular office types, this office creates a common working space for everyone, from many different companies. Normally, Co-working Space will be equip with share utilities such as fax machines, printers… for a fee or free of charge depending on the rental package.

Usually new companies, only 1-3 people or individuals just starting a business will love this type of office rental.

Shared office or Coworking Space is suitable for:

• Freelancers.
• Small and medium-sized enterprises (SMEs) or startups.
• Large businesses and corporations.

Although it has the great advantage of helping businesses save operating costs as well as move flexibly. The common management model.
But Coworking Space offices also have great risks when there is no private space. Business secrets can easily be reveal and information stolen via network transmission. Therefore, you also need to consider carefully when choosing to rent a Coworking Space office.

Rent a virtual office

Virtual office (Virtual Office in English) is a form of representative office rental in which transaction information will be transferred to the head office. Virtual offices allow users to own the same amenities as a real office such as: reception, business registration address, phone, fax number, reception room, etc.

This type of office is suitable for newly establish businesses that do not have much expense in renting an office. More specifically, this type of office is integrated into office buildings and has a team to operate and solve arising problems. That’s why virtual offices have become familiar to newly form companies or project groups.

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In conclusion, above are 5 types of office space in Ho Chi Minh City that you can discuss to find an office to rent.