District 1 is best-fit for banking, multinational hqs, professional services, hospitality, retail hqs.

• Tier: trophy.
• Tenant fit: Banking, multinational HQs, professional services, hospitality, retail HQs.
• Average rent ₫1,700,000/sqm/mo · ≈ $73.9 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant fit: Banking, multinational HQs, professional services, hospitality, retail HQs.
• Average rent ₫1,700,000/sqm/mo · ≈ $73.9 PSF/yr USD.

Best fit

Banking, multinational HQs, professional services, hospitality, retail HQs.

Less good fit

Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.

Key facts

Frequently asked questions

Is District 1 the right fit for my office?

Banking, multinational HQs, professional services, hospitality, retail HQs. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

Related

• District 1 — submarket overview
• Ho Chi Minh City — full city profile
• Ho Chi Minh City submarkets — all
• District 1 — Rents
• District 1 — Tenants
• District 1 — Transit
• District 1 — Amenity

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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