Overview of District 4 Office Market
District 4 is one of the key districts of HCMC in terms of economy, along with the constant development of the District 4 office market and other utilities.
District 4 Summary
At first, District 4 is the smallest district in the inner city of Ho Chi Minh City. But it is also the district that is planned and strongly developed in terms of infrastructure and real estate. District 4 office market has a favorable geographical location, located between District 1 and District 7, connecting the financial center and the new urban area of the city.
Then, District 4 also has a convenient transportation system, easy to move to neighboring districts by many different means. The District 4 office rental market has many remarkable changes in recent years, when many high-rise buildings, apartments, and officetels have sprung up to reach the market. District 4 attracts many companies and businesses operating in the fields of technology, transportation, services, real estate, etc. Because of its reasonable rental prices, diverse services and utilities, and guaranteed security.
Even, District 4 also has many dining, entertainment, shopping, supermarket, banking areas, etc. to serve the needs of tenants. Office rental prices in District 4 range from 8 USD to 26 USD/m2/month (equivalent to 230,000 VND to 700,000 VND/m2/month), depending on location, area, quality and rental period. The rental area is also very flexible, from 20m2 to 5000m2, suitable for many different scales and needs of customers.
Read more: 5 Notes When Renting an Office in District 1
Overview of the District 4 office market
Generally, The District 4 office market is growing strongly, becoming an ideal destination for businesses looking for a dynamic working space and outstanding development potential. Located in a strategic location, connecting the central District 1 and the dynamic District 7. District 4 has the advantage of convenient transportation and increasingly complete infrastructure. This is not only a place to set up a working headquarters. But also a solid springboard to help businesses expand their scale and access new opportunities.
With the increasing demand for offices in District 1 but insufficient supply. The new trend in the Ho Chi Minh City market is to move the workplace to neighboring districts. In which, District 4 is one of the top choices of businesses.
Further, Some prominent office buildings for rent in District 4 are: Saigon House Building, Truong Dung Building, CTV Building, Nam Phuong Building, Dinh Le Building, H3 Building, Trung Hieu Building… on Hoang Dieu Street; Copac Square Building, The Tresor Building… on Ben Van Don Street; Icon56 Building… on Nguyen Truong To Street; River Gate Building… on Ton That Thuyet Street…
Lastly, Office buildings for rent in District 4 are all equipped with a variety of services and utilities along with smart management and operation methods. Ensuring to bring businesses the most professional business and working environment.
Read more: Office Rental Market Characteristics in District 2
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In conclusion, the above information about the District 4 office market is important information to know when choosing to do business here.
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