In Q3 2025, Vietnam’s office and industrial real estate markets continued to show clear differences across locations. RSQUARE’s latest market report compiles office market data for Ho Chi Minh City and Hanoi, while also providing updates on industrial real estate across Northern, Central, and Southern Vietnam.
In the office market, rents increased moderately across most areas of Ho Chi Minh City, with several locations on the CBD fringe recording stronger growth. Hanoi showed a more mixed pattern, as rents declined slightly in some core districts while emerging areas continued to post increases. Vacancy levels also varied significantly by district, reflecting differences in absorption demand and upcoming supply.
The report focuses on:
- Office rental movements across key areas of Ho Chi Minh City and Hanoi
- Changes in vacancy levels by area
- Office rental ranges, including the highest and lowest asking rents in each market
- Industrial park land rental movements across Northern, Central, and Southern Vietnam
- Rental rates for ready-built factories and warehouses in key industrial provinces and cities
- New office, industrial park, and ready-built factory supply recorded in Q3 2025 and expected in the coming periods
The report also highlights new supply projects across each segment. In the office market, Ho Chi Minh City includes projects such as Saigon Marina IFC, DATC Building, Tan Thuan Tower, SC Central Point, and A&T Building, while Hanoi includes Oriental Square, Gelex 29 Ly Thai To, Maslight Tower, and Tien Bo Plaza. In the industrial segment, new supply was recorded across Northern, Central, and Southern Vietnam.
Register to receive the report for free
The report provides data for businesses, investors, and occupiers evaluating expansion plans to track changes across individual markets. Office data is analyzed by area in Ho Chi Minh City and Hanoi, while the industrial real estate section covers key provinces and cities across all three regions of Vietnam.
Changes in rents, vacancy levels, and new supply indicate increasingly differentiated market conditions by location. Monitoring data at the submarket level can provide a more practical basis for businesses comparing locations, budgets, available supply, and the timing of leasing decisions.
Please complete the registration form below. The RSQUARE team will send the Q3 2025 Vietnam Market Report PDF directly to the email address provided.
Access the report to stay updated on changes in rents, vacancy, and supply across the office, industrial park, ready-built factory, and warehouse markets before making decisions for the coming quarters.
About RSQUARE
RSQUARE provides commercial real estate advisory services in Vietnam, specializing in office leasing advisory in Ho Chi Minh City and Hanoi, as well as industrial real estate advisory.
