Thu Thiem (District 2) is a trophy-tier Ho Chi Minh City submarket with average asking rent around ₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD.

  • Average asking rent: ₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Thu Thiem (District 2), Ho Chi Minh City office rents and availability

Thu Thiem (District 2) is a trophy-tier Ho Chi Minh City submarket with average asking rent around ₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD.

TL;DR

  • Average asking rent: ₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Where rent sits

Thu Thiem (District 2) averages around ₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD for Class A, against a citywide Class A index of 1500000. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

New financial centre frontier. Banking, financial services, multinational HQs, professional services.

Key facts

cityHo Chi Minh City
submarketThu Thiem (District 2)
tiertrophy
averageRentLocal₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD
cityClassARentUsd$65/sqft/yr
cityVacancyPct7.4%

Frequently asked questions

What is the average Class A rent in Thu Thiem (District 2), Ho Chi Minh City?
Around ₫1,400,000/sqm/mo · ≈ $60.9 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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