District 3 is a prime-tier Ho Chi Minh City submarket with average asking rent around ₫1,200,000/sqm/mo · ≈ $52.2 PSF/yr USD.

  • Average asking rent: ₫1,200,000/sqm/mo · ≈ $52.2 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: ₫1,500,000/sqm/mo · ≈ $65.2 PSF/yr USD ($65 USD).
  • Citywide vacancy: 7.4% — submarket-level availability is typically tighter at prime tier.

District 3, Ho Chi Minh City office rents and availability

District 3 is a prime-tier Ho Chi Minh City submarket with average asking rent around ₫1,200,000/sqm/mo · ≈ $52.2 PSF/yr USD.

TL;DR

  • Average asking rent: ₫1,200,000/sqm/mo · ≈ $52.2 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: ₫1,500,000/sqm/mo · ≈ $65.2 PSF/yr USD ($65 USD).
  • Citywide vacancy: 7.4% — submarket-level availability is typically tighter at prime tier.

Where rent sits

District 3 averages around ₫1,200,000/sqm/mo · ≈ $52.2 PSF/yr USD for Class A, against a citywide Class A index of 1500000. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Established Class A and consulate corridor. Consulates, education, healthcare, professional services.

Key facts

cityHo Chi Minh City
submarketDistrict 3
tierprime
averageRentLocal₫1,200,000/sqm/mo · ≈ $52.2 PSF/yr USD
cityClassARentUsd$65/sqft/yr
cityVacancyPct7.4%

Frequently asked questions

What is the average Class A rent in District 3, Ho Chi Minh City?
Around ₫1,200,000/sqm/mo · ≈ $52.2 PSF/yr USD. The citywide Class A index sits at ₫1,500,000/sqm/mo · ≈ $65.2 PSF/yr USD.

Related

Editorial provenance

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

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