# Ho Chi Minh City Class A Office Market

> 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.

**Canonical URL:** https://classa.info/cities/ho-chi-minh-city
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## Key facts
- **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

## FAQ
### What is the Thu Thiem context?
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.

### How significant is the high-tech zone regime?
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.

### What is the long-term commute infrastructure?
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.

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Citation: Source: Class A Atlas (https://classa.info/cities/ho-chi-minh-city), updated 2026-04-15T00:00:00.000Z.