Office Rental Cost by Grade in HCMC

Here is the information you need to know about Office Rental Cost by grade in Ho Chi Minh City so you can easily choose an office with a reasonable office rental fee.

Grade A Office – Office Rental Cost

Grade A office rental cost is the most high-class office for rent, often located in the most beautiful and central locations. With convenient transportation and modern design, services and utilities must meet professional standards. quality.

Common features of Grade A offices include:

• Location: Located in a central location or prime areas in the city, easily accessible and widely known.
• Architecture and design: Has modern architecture, impressive design and use of high-quality materials.
• Facilities and services: Providing many high-quality amenities and services such as 24/7 security, smart building management system, modern meeting rooms, professional reception area, and regular maintenance , maintenance.
• Work space: Spacious, airy work space with good lighting and ventilation system, providing a high quality working environment.
• Infrastructure and technology: Equipped with modern infrastructure and advanced technology such as high-speed Internet system, central air conditioning system.
• Parking and transportation: There is spacious and convenient parking for both cars and motorbikes, as well as easy connection to public transportation.

Grade A offices often attract large companies, international corporations. And businesses that want a professional and classy working environment. Rent for Grade A offices is often higher than other types of offices due to the quality and services provided.

Read more: 5 Types of Office Space in HCMC

Grade B office – office rent fee

Although there are no specific standards or standards for the definition of Grade B office rental cost. Currently the evaluation and classification of office segments comes from leading construction and management units in the industry… Thereby, the standards of Grade B offices are evaluated as follows:

• Location: Can be located in suburban areas, but the prerequisite is that the building location must be located on major roads, ensuring convenient traffic, ventilation, and easy movement without traffic jams. pine.
• Design, scale and management unit: Units participating in construction, design and management must meet international standards. If the building is built by local units, a standard certificate is also required. Modern building design and standard office specifications must meet the criteria.
• Area: The minimum total floor area of a Grade B office is 20,000m2. On average each standard office floor must have an area of 500 to 1,000m2. This is the general regulated area of Grade B office buildings. Ceilings are 2.5m high or higher. The space is open space, there are no hard partitions, the column grid must be larger than 6x6m
• Lobby and hallway: Waiting room and lobby must be wider than 3m, with modern and luxurious design. Corridor standards must be 1.8m to be classified as a Grade B office, with adequate lighting, and airy space for good air circulation.
• Furniture: Grade B office furniture is installed to make the most of every working space. The entrance door of each office area is at least 900m or more. The main material used to make partitions between areas is plaster
• Internal amenities: Ensure information system, internet, elevator, telephone with fast connection speed. WC on each floor, modern air conditioning, High-speed, large-capacity elevator.

Read more: Professional Office Building Management Service

Office Rental Cost of Grade C Office

Grade C office rental cost buildings ranked in order will be above low-cost offices and behind Grade A and Grade B offices. These buildings will often be located on roads that are not in the central area but still ensure Convenience in movement and transactions. Busy surroundings and better service quality than cheap offices.

Advantages: Currently, Grade C offices account for about 50 to 55% of the office rental market. So the supply of Grade C offices is relatively large, providing many options for landlords.

These Grade C offices, on the other hand, have better services than low-cost offices and are about 20-30% more economical than the Grade B office segment. Ideal for small and medium-sized businesses, that want to save costs.

Grade C office rental prices on the market today range from 14-35USD/m2, with a slight upward trend. Particularly at Nice Office, customers will enjoy the best office rental incentives from only 8USD/m2.

Rent Price of Ho Chi Minh City Office Rental Market

The year 2024 promises to have many positive developments in the office rental market in Ho Chi Minh City. Below is a brief summary of office rental prices by grade. You will quickly get the most general picture of the market, and quickly choose the office that is suitable for your business.

Office rental prices in Ho Chi Minh City fluctuate:

• Office Grade A in Ho Chi Minh City from $35 – $70/ m2
• Rental Office Grade B office in Ho Chi Minh City from $20 – $35/ m2
• Leasing office Grade C in Ho Chi Minh City from $12 – $20/ m2

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In conclusion, that is all you should know about Office Rental Cost to easily find the office rental that suits you.