Real estate and infrastructure occupiers in Hanoi typically cluster in Ba Dinh, plan ~215 sqft per seat at high-end fit-out ($125–185/sqft), and pay around 312 USD/sqft ($29 USD) on Class A.
Real estate and infrastructure occupiers in Hanoi typically cluster in Ba Dinh, plan ~215 sqft per seat at high-end fit-out">fit-out ($125–185/sqft), and pay around 312 USD/sqft ($29 USD) on Class A.
Real estate and infrastructure occupiers in Hanoi typically anchor in Ba Dinh. Government, banking, embassies, professional services.
Class A rent in Hanoi runs 312 USD/sqft ($29 USD) on a 5-year lease with 6 months free. Trophy submarkets command a 20–40% premium above the city index.
Typical real estate and infrastructure fit-out targets high-end specification at $125–185/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount real estate office in Hanoi typically targets 21,500 sqft of leasable area.
Sponsor and asset-management teams favor trophy CBD addresses with proximity to investment-banking and law-firm tenancy. Strong manufacturing, IT, BPO, and services talent. Vietnam National University Hanoi, Hanoi University of Science and Technology (HUST), and FPT University anchor the regional pipeline. Multilingual (Vietnamese, English, Korean, Japanese) talent supports FDI tenancy.
Headline corporate tax: 20%. Vietnamese gross structure (rent inclusive of management fees). Rents typically quoted in USD/sqm/month and paid in VND at official FX. 3-5 year terms standard. Rent-free of 4-8 months on 5-year terms plus USD 200-400/sqm TI typical.
| city | Hanoi |
|---|---|
| industry | Real estate and infrastructure |
| naics | 531, 237 |
| preferredSubmarket | Ba Dinh |
| preferredFitoutSpec | High-end |
| fitoutBand | $125–185/sqft |
| sqftPerSeat | 215 |
| classARentLocal | 312 USD/sqft/yr |
| classARentUsd | $29/sqft/yr |
| vacancyPct | 14.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| talentIndex | 72 |
| corporateTaxPct | 20% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.