Overview of the Office Rental Market in District 3 & Detailed Pricing

District 7 is one of the most dynamic areas of Ho Chi Minh City, emerging as an ideal destination for businesses
seeking modern and professional office spaces. With its prime location, this area offers easy connectivity to central
districts, providing optimal convenience for business operations. The office leasing market in District 7 is booming,
with a range of newly constructed, modern buildings offering numerous options to suit various needs and budgets. This
presents an excellent opportunity for businesses aiming to establish themselves in an ideal working environment.

Outstanding Advantages of Renting District 7 Offices

District 7 is establishing itself as a dynamic economic hub with numerous growth opportunities for businesses. The
prominent features of this area include:

1. Office Buildings for Rent in District 7 are often Located in Prime Traffic Locations

The office spaces for rent in District 7 are located in a highly convenient traffic area, which is one of the key
factors contributing to the attractiveness of this region. Situated near major roads such as Nguyen Luong Bang, Nguyen
Huu Tho, and Huynh Tan Phat, traveling between District 7 and neighboring districts like District 1, District 2, and
Nha Be district is quick and easy.

Phu My Bridge, one of the major bridges connecting District 7 with other areas of the city, significantly reduces
travel time. Additionally, the public transportation system, including buses and ride-hailing services, is
well-developed, making commuting convenient for employees.

District 7 is also located near logistics and transportation hubs, making it ideal for trade and goods transportation
activities. With perfect traffic connectivity, office spaces for rent in District 7 not only offer convenience in
daily operations but also create favorable conditions for the sustainable growth of businesses.

2. Outstanding Architecture and Design go hand in hand with Modernity

The office buildings for rent in District 7 are distinguished by modern architecture and refined design, reflecting
the dynamic urban development trend of Ho Chi Minh City. Each building is designed with a focus on both aesthetics and
functionality, providing a luxurious and convenient workspace.

With modern architectural lines, these buildings are often constructed using high-quality materials, featuring glass
and steel to optimize natural light and create a sense of spaciousness. Open spaces and green areas are cleverly
integrated, offering a comfortable working environment and enhancing the employee experience.

Additionally, on-site amenities such as meeting rooms, client reception areas, and gyms are well-invested, catering to
the diverse needs of businesses. The intelligent design optimizes the functionality of each space, ensuring that every
corner is used efficiently.

The perfect combination of striking architecture and modernity makes the office buildings for rent in District 7 an
ideal workplace, establishing the company’s prestige and unique identity.

3. Flexible Rental Area

With its vast land area and modern planning, District 7 proudly offers a rich supply of office spaces that meet the
diverse needs of the market. Here, businesses can choose workspace sizes ranging from 50 m² to over 1,000 m². Grade A
and B office buildings provide a variety of larger options, from 500 m² to 1,000 m², creating ideal conditions for the
development of all types of businesses. Whether it’s a creative startup or a large multinational corporation, District
7 always has a suitable solution, offering a professional working environment that supports sustainable growth.

New Supply and Inventory for Grade A & B Offices

The office leasing market in District 7 is experiencing strong growth, particularly with small to medium-sized spaces
suitable for SMEs. Class A and B buildings currently have occupancy rates above 85%, reflecting the area’s significant
appeal to businesses seeking quality, flexible, and convenient workspaces.

At the beginning of 2024, District 7 recorded a 5% increase in office supply compared to the same period last year,
with total leasing space surpassing 400,000m². International-standard office buildings dominate the market, catering
to the diverse needs of businesses, from small enterprises to large corporations.

Notably, in Q3 2024, the

CMC Building

at the Tan Thuan Export Processing Zone was launched, further expanding the availability of modern and flexible
workspaces, meeting the growing demand from tenants in the area.

What is the difference between office rental prices in District 7 and neighboring districts

The office rental prices here are generally more affordable compared to neighboring areas such as District 1 and
District 2. Rental rates are typically divided into three segments as follows:

Office grade classification

Grade A Offices:
Representing luxury and class, these high-end buildings are designed with modern aesthetics and fully equipped
with premium amenities. Located in prime areas of District 7, these offices not only offer easy access to other parts
of the city but also create an ideal professional environment for large enterprises

Grade B Offices:
Situated in convenient locations, these spaces provide well-equipped work environments at more affordable rental
rates compared to Grade A options. This is an ideal choice for companies seeking a professional setting without
requiring the highest level of luxury.

Grade C Offices:
With lower rental rates, Grade C offices are well-suited for small businesses and startups. While not as
luxurious as Grade A and B, these offices still provide comfortable and convenient workspaces, enabling new businesses
to grow without the burden of high costs.

Office rental price list District 7

These are the three main segments that clients can consider to make choices that fit their business budget when
searching for office space. Each segment offers different options, making it easier for businesses to find the ideal
workspace.

However, the specific office rental price will depend on several factors, including the location, transportation
connectivity, and the quality and structure of the building. Understanding these factors will help businesses make the
right decisions that align with their actual needs.

Top 10 Typical Office Buildings for Rent in District 7

Top 5 quality office buildings for lease in District 7

1. Phu My Hung Tower

Phu My Hung Tower, known as the “Green Building,” is a sustainable building that meets LEED standards in District 7.
With its modern architecture and diverse amenities, it serves as a dynamic destination for work, networking, and
enjoyment.

Phu My Hung Tower

• The rental price for office space at Phu My Hung Tower in District 7 ranges from $32 to $36 USD per square meter,
  with a management fee of $8 USD per square meter per month.
• The building stands out with 24 floors on a large plot of land, directly connected to the commercial center.
• With a total usable area of over 30,000 square meters, it offers a wide range of diverse amenities.

The office building for rent in District 7 is designed and constructed with attention to every detail to optimize
functionality while ensuring safety without compromising on the building’s aesthetics and style. It can be considered
a top choice for businesses seeking a prime office space along with high-end amenities.

2. Mapletree Business Centre

Mapletree Business Centre is currently a highly rated office rental choice in District 7. With the standard of a
premium Grade A office building, it provides businesses with modern, luxurious office spaces and a range of
international-standard amenities.

Mapletree Business Centre

Mapletree Business Centre is built on a total area of 23,397 m², featuring a structure with 17 above-ground floors and
2 basement levels. Each floor spans 1,600 m² and is divided into flexible spaces ranging from 90 to 150, 300, 700 m²,
and even full floors, catering to the diverse office rental needs of companies of various sizes.

With rental prices ranging from $23 to $27 USD per m² and a management fee of $6.25 USD per m² (monthly), Mapletree
Business Centre is a highly regarded Grade B office space offering significant advantages for businesses seeking
long-term development.

3. The 678 Tower

The first impression when thinking of office rentals at The 678 Tower in District 7 is the luxurious and modern space
with a large scale.

The 678 Tower

Office rentals at The 678 Tower in District 7 are built with a scale of 20 floors (for office space) and 2 basement
levels (providing spacious parking areas). The 678 Tower boasts a total area of over 13,213 m², with each office space
totaling 991 m², which can be divided flexibly.

Rental prices currently range from $19 – $21 USD/m², with a management fee of $6 USD/m²/month.

For detailed pricing and available office spaces at The 678 Tower, please contact RSQUARE Hotline: 028 3636 9641.

4. Saigon Paragon Building – Office building for rent District 7

Paragon Tower Building is located at 3 Nguyen Luong Bang Street, Tan Phu Ward, District 7, with a prime location
boasting four facades. The main facade faces Nguyen Luong Bang Street, while the other three sides are adjacent to
Hoang Van Thai Street, Bertrand Russell Street, and the Saigon Paragon area.

The building not only stands out with its modern architecture but also serves as a hub for many top-tier amenities in
District 7, including the Saigon Exhibition and Convention Center (SECC), the high-end Evergreen residential complex,
and the Phu My Hung Center.

Saigon Paragon Building

Regarding rental prices, Paragon Tower Building offers reasonable rates ranging from $14 to $18 USD / m², with a
management fee of $5 / m² / month. With a total floor area of up to 25,000 m², the building consists of 10 floors and
2 basement levels, providing spacious and convenient office spaces that meet the needs of businesses looking for
office rentals in District 7.

5. IMV Center Building

IMV Building (International Minh Viet Building) is one of the office buildings offering a comfortable and convenient
working space when looking for office rentals in District 7.

IMV Center Building

The IMV Building, designed in the modern European architectural style, stands out with its unique and distinctive
features. The total floor area is 3,160 m², with available office space for lease at 316 m². The building is designed
as a green project with three main facades, primarily pedestrian-friendly areas, and noise pollution is minimized.

The office rental price at IMV Building in District 7 ranges from $15 to $19 per m², with a management fee of $3.5 per
m² per month.

When leasing office space at IMV Building, tenants can enjoy various amenities and standard services.