District 7 (Phu My Hung) is a prime-tier Ho Chi Minh City submarket with average asking rent around ₫900,000/sqm/mo · ≈ $39.1 PSF/yr USD.

  • Average asking rent: ₫900,000/sqm/mo · ≈ $39.1 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 7 (Phu My Hung), Ho Chi Minh City office rents and availability

District 7 (Phu My Hung) is a prime-tier Ho Chi Minh City submarket with average asking rent around ₫900,000/sqm/mo · ≈ $39.1 PSF/yr USD.

TL;DR

  • Average asking rent: ₫900,000/sqm/mo · ≈ $39.1 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 7 (Phu My Hung) averages around ₫900,000/sqm/mo · ≈ $39.1 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

Master-planned suburban Class A. Tech, manufacturing HQs, Korean and Japanese multinationals, BPO.

Key facts

cityHo Chi Minh City
submarketDistrict 7 (Phu My Hung)
tierprime
averageRentLocal₫900,000/sqm/mo · ≈ $39.1 PSF/yr USD
cityClassARentUsd$65/sqft/yr
cityVacancyPct7.4%

Frequently asked questions

What is the average Class A rent in District 7 (Phu My Hung), Ho Chi Minh City?
Around ₫900,000/sqm/mo · ≈ $39.1 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.

Primary sources for this page

Full sources index · Submit a correction

Related topics