---
title: "Ho Chi Minh City Class A submarkets"
description: "All 5 Class A submarkets we track in Ho Chi Minh City — tier, average rent, and tenant profile."
canonical: https://classa.info/cities/ho-chi-minh-city/neighborhoods-overview
pageType: city-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Ho Chi Minh City has 5 distinct Class A submarkets we track, anchored by District 1 at the trophy tier.

## TL;DR

- 5 submarkets covered.
- Trophy tier: District 1, Thu Thiem (District 2).
- Prime tier: District 7 (Phu My Hung), District 3, Binh Thanh & An Phu.
- Established/emerging tier: —.

# Ho Chi Minh City Class A submarkets

**Ho Chi Minh City has 5 distinct [Class A](/glossary/class-a) submarkets we track, anchored by District 1 at the [trophy tier](/topics/trophy-asset-selection).**

## TL;DR

- 5 submarkets covered.
- Trophy tier: District 1, Thu Thiem (District 2).
- Prime tier: District 7 (Phu My Hung), District 3, Binh Thanh & An Phu.
- Established/emerging tier: —.

## By tier

**District 1** (trophy, ~₫1,700,000/sqm/mo · ≈ $73.9 PSF/yr USD) — HCMC's trophy core.

**Thu Thiem (District 2)** (trophy, ~₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD) — New financial centre frontier.

**District 7 (Phu My Hung)** (prime, ~₫900,000/sqm/mo · ≈ $39.1 PSF/yr USD) — Master-planned suburban Class A.

**District 3** (prime, ~₫1,200,000/sqm/mo · ≈ $52.2 PSF/yr USD) — Established Class A and consulate corridor.

**Binh Thanh & An Phu** (prime, ~₫800,000/sqm/mo · ≈ $34.8 PSF/yr USD) — Tech and tech R&D belt.

## Key facts

| city | Ho Chi Minh City|
| country | Vietnam|
| region | APAC|
| classARentLocal | ₫1,500,000/sqm/mo · ≈ $65.2 PSF/yr USD|
| classARentUsd | $65/sqft/yr|
| vacancy | 7.4%|
| typicalLeaseYears | 3|
| typicalRentFreeMonths | 4|
| submarkets | 5|
| primeYieldPct | 6.4%|
| trophyCount | 2|
| primeCount | 3|

## Frequently asked questions

****How many Class A submarkets are in Ho Chi Minh City?****
: 5, ranging from trophy (District 1) down to established and emerging clusters.

## Editorial provenance

Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Trophy Asset Selection**](/topics/trophy-asset-selection) — How to identify and evaluate trophy Class A assets for a flagship requirement.

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Citation: Source: Class A Atlas (https://classa.info/cities/ho-chi-minh-city/neighborhoods-overview), updated 2026-04-15T00:00:00.000Z.