Hoan Kiem is a trophy-tier Hanoi submarket with average asking rent around $360/sqm/yr · ≈ $33.4 PSF/yr USD.

  • Average asking rent: $360/sqm/yr · ≈ $33.4 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: $312/sqm/yr · ≈ $29 PSF/yr USD ($29 USD).
  • Citywide vacancy: 14.4% — submarket-level availability is typically tighter at trophy tier.

Hoan Kiem, Hanoi office rents and availability

Hoan Kiem is a trophy-tier Hanoi submarket with average asking rent around $360/sqm/yr · ≈ $33.4 PSF/yr USD.

TL;DR

  • Average asking rent: $360/sqm/yr · ≈ $33.4 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: $312/sqm/yr · ≈ $29 PSF/yr USD ($29 USD).
  • Citywide vacancy: 14.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Hoan Kiem averages around $360/sqm/yr · ≈ $33.4 PSF/yr USD for Class A, against a citywide Class A index of 312. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Heritage CBD core. Banking, government, hospitality, professional services.

Key facts

cityHanoi
submarketHoan Kiem
tiertrophy
averageRentLocal$360/sqm/yr · ≈ $33.4 PSF/yr USD
cityClassARentUsd$29/sqft/yr
cityVacancyPct14.4%

Frequently asked questions

What is the average Class A rent in Hoan Kiem, Hanoi?
Around $360/sqm/yr · ≈ $33.4 PSF/yr USD. The citywide Class A index sits at $312/sqm/yr · ≈ $29 PSF/yr USD.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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