District 1's tenant base is anchored by banking, multinational hqs, professional services, hospitality, retail hqs.

• Tier: trophy.
• Tenant character: HCMC's trophy core.
• Average rent: ₫1,700,000/sqm/mo · ≈ $73.9 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant character: HCMC's trophy core.
• Average rent: ₫1,700,000/sqm/mo · ≈ $73.9 PSF/yr USD.

Who clusters here

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

What that means for newcomers

Newcomers to District 1 should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in District 1?

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

Related

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

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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• Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
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• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
• Fit-out Capex — How to budget, sequence, and govern Class A office fit-out">fit-out capex.
• Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.