{
  "url": "https://classa.info/cities/ho-chi-minh-city",
  "title": "Ho Chi Minh City Class A Office Market",
  "description": "Vietnam's commercial capital with deep manufacturing, tech, and shared-services tenancy.",
  "oneSentenceAnswer": "Ho Chi Minh City Class A office rents around ₫1,500,000/sqm/mo · ≈ $65.2 PSF/yr USD, with 7.4% vacancy and 4 months of typical rent-free on a 3-year term.",
  "tldr": [
    "Tightest Class A market in Southeast Asia (vacancy under 10%).",
    "Trophy product in District 1 trades at VND 1.5-1.9M/sqm/month.",
    "Thu Thiem new financial centre is the principal trophy frontier.",
    "20% corporate tax and growing high-tech zone incentives drive HQ moves."
  ],
  "keyFacts": {
    "city": "Ho Chi Minh City",
    "country": "Vietnam",
    "region": "APAC",
    "classARentLocal": "₫1,500,000/sqm/mo · ≈ $65.2 PSF/yr USD",
    "classARentUsd": "$65.21799719432548/sqft/yr",
    "vacancyPct": "7.4%",
    "typicalLeaseYears": 3,
    "typicalRentFreeMonths": 4,
    "submarkets": 5,
    "corporateTaxPct": "20%",
    "talentIndex": 74
  },
  "faqs": [
    {
      "question": "What is the Thu Thiem context?",
      "answer": "Thu Thiem is HCMC's master-planned new financial centre across the Saigon River from District 1. The Hallmark trophy delivery 2024 anchors a deep planned Class A pipeline. Future Metro Line 2 will connect Thu Thiem to the District 1 core."
    },
    {
      "question": "How significant is the high-tech zone regime?",
      "answer": "Material. Saigon Hi-Tech Park (SHTP) and other designated high-tech zones offer 4 years tax holiday plus 9 years 50% rate reduction for qualifying R&D and high-tech manufacturing tenants."
    },
    {
      "question": "What is the long-term commute infrastructure?",
      "answer": "Metro Line 1 opened late 2024. Lines 2, 3, 4, 5 are in various stages of planning. New Long Thanh Airport opens around 2026 — 50 minutes east of HCMC."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/ho-chi-minh-city), updated 2026-04-15T00:00:00.000Z."
}