Vietnam District 1 for lease - image 1
Vietnam District 1 for lease - image 2
Vietnam District 1 for lease - image 3

District 1

HO CHI MINH CITY

Private Spaces

296 available

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Coworking Spaces

9 available

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Virtual Offices

1 available

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We have 305 offices available to rent in District 1 as at 29 July 2021. These offices are suitable for 1 to 150 people. The average desk price is ₫120,226,522,821 per month.

Map

District 1, Ho Chi Minh City

Office Hub Co-Stats - live listing data

Average price per desk for coworking in District 1 based on 9 listings₫14,695,723,930/ weekAverage office price data last updated Thu Jul 29 2021
₫2,097,951,285 / day
₫14,695,723,930/ week
₫63,856,500,398 / month

Properties Summary

This report compares the annual growth of coworking, serviced and shared workspaces within a radius of 5km in and around District 1. The live results reflect the actual data as submitted by our workspace partners on their individual spaces and availability as at 30 June 2021.

31.8%

31.8%

Growth Flexible Locations

490.9%

490.9%

Demand For Flexible Workspace

0 sqm

No data available

Average Sublet/Shared Floorspace Size

1995 sqm

1995 sqm

Average Serviced/Coworking Floorspace Size

23 Locations

23 Locations

Flexible Workspace Locations

0%

No data available

of all Listings are Shared Spaces

Workspace Type

52.2% of the workspaces showing available listings in and around District 1 were Serviced Office (Creative), followed by Serviced Office (Classic) with 34.8%.

Workspace Quality

Taking into account the building quality, workspace fitout and services provided by each provider, the overall ranking for workspaces in and around District 1 confirms that 56.5% are rated Excellent.

Building Grade

After comparing the building services and quality of the foyer and common areas we can confirm that 77% of all flex buildings in and around District 1 are categorised as A Grade Buildings.

Listings Summary

Based on the actual available listings within a 5km radius of District 1, the following summary highlights the annual movement in pricing, availability and listing statistics. All data is dynamically updated in real time and submitted by our workspace partners as at 30 June 2021.

87.7%

87.7%

of available listings are private offices

5 out of 10

5 out of 10

listings have natural daylight

4785 desks

4785 desks

are currently available to rent

29.7%

29.7%

annual growth in flexible space listings

711.9 sqm

711.9 sqm

is the average size per person/desk

[object Object]

₫6,403,740

is the average monthly price per desk

12.6%

12.6%

is the average discount on available listings

37.4%

37.4%

of all listings have a discount applied

Average Desk Price - Space Type

In June 2021, after factoring all discounts and incentives the advertised average price per desk is:

Average Desk Price - Office Capacity

Based on the capacity of each office group, this graph shows the average discounted price per desk.

Desk Availability - Space Type

By space type, this report shows the split of available listings as at 30 June 2021.

Building - Features and Facilities

In and around District 1, this graph lists what percentage of buildings have each of these facilities on offer for tenants to use.

Workspace - Features and Facilities

Focusing on the workspace, this graph lists the percentage of spaces who offer these facilities for tenants to use.


5.1 people

5.1 people

No of Desired Desks (average)

[object Object]

₫29,265,254

Rental Budget Per Month (average)

[object Object]

₫5,966,013

Monthly Budget Per Desk (average)

12.5 months

12.5 months

Desired Rental Term (average)

28.6 sqm

28.6 sqm

Preferred Space Size (average)

30.1 days

30.1 days

Days to Desired Move in Date (average)

Budgeted Spend Per Month

(12 mth average)

Desired Team Capacity (12 mth average)

(12 mth average)

Requested Rental Term

(12 mth average)

Required Size of Space

(12 mth average)

Days to Intended Occupancy

(12 mth average)

Current Workspace Type

Demand by Industry Segment

Tenant Wishlist

Lifecycle of Incoming Tenant

Preferred Workspace Type

Motivation to Move


20.5 days

20.5 days

Actual Days from Enquiry to Signed Deal

0.5 days

0.5 days

Actual Days from Signed Deal to Move In

3.2 months

3.2 months

Actual Average Agreement Term

11.8%

11.8%

From Enquiry to Signed Deal

8.5 people

8.5 people

Actual Average Team Size

[object Object]

₫2,249,307

Actual Average Monthly Desk Rate

[object Object]

₫21,749,961

Actual Average Contract Value

0%

No data available

Average Discount Applied to Signed Deals

Timeline from Enquiry to Move In

Desired vs Actual Contract Term

Desired vs Actual Monthly Contracted Spend

Desired vs Actual Team Capacity

Desired vs Actual Contracted Space Size

Previous Workspace Type

Quick Facts

Offices available count icon

Offices

305

Office capacity icon

Capacity

1 - 150 people

Office price range icon

Price Range (Month)

₫8,919,222,087 to
₫9,368,968,637,844

Office size measurement icon

Size

3m2 - 1166666m2

Office spaces for rent in District 1

Overview

District 1 is often considered to be the heart of Ho Chi Minh City and the business core of the city with heavy financial, commercial and administrative activity. Although it has kept its Vietnamese character, this district has felt the effects of globalisation more than any other area in the buzzing city. You’ll not only find local hidden gems, but restaurants and shops from all over the world as well as luxury hotels and international banks.

If you’re a fan of shopping, you’ll be glad to know that this area is packed with upscale shopping up and down Dong Khoi Street and Nguyen Hue. District 1 is also home to the majority of the city’s museums, tourist sites and attractions, including the Ben Thanh Market and The Reunification Palace (Independence Palace).

District 1 is where all the action happens, so it not only presents as a great spot for visitors and expats, but is a fantastic location for any established business seeking a workplace surrounded by Vietnam's most successful companies. 

What's Nearby (Walking)

Trains

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No data is currently available.

Buses

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Sở Tài Nguyên Môi Trường3 mins
Phố đi bộ Nguyễn Huệ1 min

Airports

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Ho Chi Minh City Airport (SGN)8.0 km

Bars

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Đông Triều - The Tavern1 min
Pasteur Street Brewing Co.1 min

Cafes

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Cafe Thiên Hương1 min
Starbucks Rex1 min

Taxis

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Phuongheng bus19 mins

Gyms

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CITIGYM (Lê Lợi)2 mins

Let us do the hard work in finding your dream workspace.