Office For Lease in Ho Chi Minh City

Current supply and demand situation Of Ho Chi Minh Office

The demand for office rentals in Ho Chi Minh City is increasing due to the strong development of the economy, industry and services. However, new office supply does not meet demand, leading to office shortages in some areas.

1. New office, designed according to international standards, with easy access to labor resources.
2. Architecture and equipment are increasingly prominent, similar to central areas.
3. Budget is suitable and rent is more controlled than in the central area.
4. Businesses are switching to digital platforms, fintech, IT… so it is not necessary to go to the inner city to cut costs.

Office tenants when looking for office for lease in Saigon

Office tenants seeking office for lease in Saigon should consider several crucial factors. Location is paramount, with various districts offering different advantages. Accessibility, proximity to public transportation, and the surrounding amenities are essential.

Space requirements, including the size and layout of the office for lease in Saigon, must align with the business’s needs. Budget considerations, including rent and additional costs, should be carefully evaluated.

Building facilities and services, such as security, maintenance, and parking, are vital for a seamless working environment. Lastly, negotiating favorable lease terms and understanding legal agreements are imperative to ensure a successful and stress-free leasing experience in Saigon.

• Small and medium enterprises have the highest rental demand of office for rent in Saigon.
• Main tenants of office for rent in Saigon: finance, banking, insurance, manufacturing and distribution, infrastructure, applications, real estate, consulting and other industry groups of office space in Saigon.
• More than 60% of international tenants in Ho Chi Minh City or office space in Saigon are Japanese, Korean, American and Singaporean businesses.

Design trends of office space for lease in ho chi minh

Surprisingly, trends of office design in HCM:

1. Green space, close to nature, stimulating creativity.
2. Flexible and combined working space.
3. Aiming for LEED Green Building standards.
4. Use materials that save energy and take care of users’ health such as Low-E glass that limits UV rays, insulates heat, insulates sound and takes advantage of natural light.

Search Office Space trends from 2023 to 2028

In Vietnam, office space trends from 2023 to 2028 are expected to be influenced by a dynamic business landscape. With a growing economy, there will be increased demand for modern, flexible workspaces. Surely, Co-working facilities and serviced offices will gain popularity as businesses seek cost-effective and adaptable solutions.

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Straightaway, Sustainability and wellness will continue to be emphasized, with green building practices and employee well-being initiatives becoming integral. Still, Technology integration, including advanced security systems and smart office features, will enhance efficiency and connectivity.

As Vietnam’s cities expand, central business districts and mixed-use developments will remain attractive for companies looking for convenient locations and amenities.

Office Rental Costs In Ho Chi Minh City

Office Rental costs by grade and type:

• Firstly, Grade A Office For Lease In Ho Chi Minh City: $35 – $70
• Secondly, Grade B Office For Rent In Ho Chi Minh City: $20 – $35
• Thirdly, Grade C Office Space In Ho Chi Minh City: $12 – $20
• Also, Coworking Space In Ho Chi Minhh City: $61 – $243
• Lastly, Serviced Office In Ho Chi Minhh City: $73 – $349

Office for lease in Ho Chi Minh rental price by district:

• Office For Lease District 1: $10 – $50
• Even, Office Space In District 2: $15 – $40
• Even more, Office For Rent In District 3: $14 – $50
• Further, Office For Lease In District 4: $10 – $35
• Furthermore, Office For Lease In District 7: $10 – $40
• Office For Rent In District 10: $10 – $35
• Absolutely, Office For Lease In Tan Binh District: $10 – $30
• Office Space In Binh Thanh District: $10 – $35
• At last, Office For Rent In Phu Nhuan District: $10 – $30

Top 13 Office Building For Lease In Ho Chi Minh City

Here are the top 13 Office Buildings In Ho Chi Minh City

Vietcombank Tower

Vietcombank Tower is located in a prime location near the commercial and financial center and is also the gateway to Ho Chi Minh City. Therefore, the building promises to be an ideal headquarters for reputable units, a good first step for many businesses, and a solid foundation for all investors.

This is one of the best office for lease in ho chi minh.

Saigon Centre Tower

This is the first commercial project of the famous Keppel Land Group in the city. In Ho Chi Minh City, Saigon Center Tower 1 is not simply the newest and most modern building, but has also become a typical symbol of the “Pearl of the Far East” downtown.

This tower is known as the best commercial office for lease in ho chi minh.

Over the years, the building has gradually asserted itself as a turning point for quality and innovation to meet the needs of all multinational corporations.

Bitexco Financial Tower

As one of the 20 world iconic buildings voted by CNN in 2011, and one of the 25 famous skyscrapers in the world with a construction symbol. Bitexco Financial Tower is a complete multi-functional complex right in the middle.

In the central economic district of Ho Chi Minh City, providing more than 37,000 square meters of office space for rent meeting Grade A standards.

Lim Tower 3

Lim Tower 3 belongs to Lim – the leading brand developing a chain of prestigious Grade A office buildings in Ho Chi Minh City. Oriented to “put people at the center”, the building focuses on each design and landscape to create a classy working space.

Empress Tower

Possessing a prime location surrounded by 3 routes Hai Ba Trung – Nguyen Dinh Chieu – Tran Cao Van. Empress Tower brings together excellent conditions for organizations operating in the financial and service center area. . , the city’s major diplomatic, cultural and entertainment district.

Vincom Center

Vincom Center Tower is the first “Energy Saving & Green” building in Ho Chi Minh City and Vietnam.

The Landmark

Landmark Tower is located right in front of Ton Duc Thang Street, one of the city’s important development routes. Therefore, the building promises to be an ideal headquarters for businesses with opportunities to develop and find customer partners.

The Mett

The METT is a Grade A+ office building in Thu Thiem new urban area invested and developed by Son Kim Land Group. It is expected that leasing will begin in the second quarter of 2023 but currently the building is being sought after by many domestic and foreign businesses.

Pearl 5 Building

With a prime location close to the Independence Palace and invested by SSG Group, Pearl 5 Building is a Grade A office building in the heart of Ho Chi Minh City.

SSG Group – Top of the largest real estate corporations in the country, with a series of famous projects associated with the Pearl brand: Pearl Plaza, Saigon Pearl, Opal Tower, Thao Dien Pearl, Saigon Airport Plaza…

Therefore, Pearl 5 Building is also an extremely successful building in SSG’s high-rise building chain.

Nexx Building

Nexx building is likened to a green pearl because of its outstanding three-sided glass design on Pham Ngoc Thach street shaded by ancient trees. Not only does it help customers quickly identify business locations, the building also opens up a comfortable, airy working space to improve work efficiency.

UOA Tower

UOA Tower is located in the heart of Phu My Hung urban area. This is also the international financial and trade center in District 7 and is considered the 2nd largest economic center in Ho Chi Minh City.

The building is invested by UOA Group. It is one of the largest listed real estate development companies by market capitalization in Malaysia.

Viettel Complex Tower

Viettel Complex Tower is located at 285 Cach Mang Thang 8, considered the economic and financial center of District 10 with skyrocketing demand for office rentals here. The building is an ideal office rental option in Ho Chi Minh suitable for large-scale businesses.

Centre Point Tower

Located on the frontage of Nguyen Van Troi Street, considered the most expensive street in Phu Nhuan District, Ho Chi Minh City. Center Point Tower will be an ideal choice for businesses with the opportunity to develop and expand scale.

Experience when renting offices and office rental fee

Normally, a professional office building will have the following types of office rental costs:

1. Office rental fee
2. Service fee (Or management fee)
3. VAT
4. Electricity bill for air conditioning
5. Electricity consumption in the office
6. Parking fees for cars and motorbikes
7. Overtime fee
8. Service fee during interior construction
9. Cost of returning premises
10. Determine the area to be paid
11. Effect of exchange rate adjustment on rental amount at each payment period
12. Adjust the rental price

In conclusion, the office for lease in Ho Chi Minh City presents a dynamic and thriving environment for businesses of all sizes. With a diverse range of options, from co-working spaces to private offices, this city offers excellent opportunities for companies to establish or expand their presence.

The strategic location, top-notch amenities, and access to a vibrant business community make it an attractive destination. Whether you seek office space for rent or lease, Ho Chi Minh City accommodates various preferences.

It’s a city that fosters growth, collaboration, and innovation, making it an ideal choice for businesses aiming to thrive in a competitive landscape.

Questions To Ask When Leasing Office Space