District 7 - HCMC Office - Regional Analysis proposed by RSQUARE Vietnam

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.

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.

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.

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.

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.

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.

Office building for rent District 7	Building address	Rating
Phu My Hung Tower	8 Hoang Van Thai Street, Tan Phu Ward, District 7	Grade A
Cobi Tower I	69 Hoang Van Thai Street, Tan Phu Ward, District 7	Grade A
Uoa Tower	6 Tan Trao Street, Tan Phu Ward, District 7	Grade A
The 678 Tower	67 Hoang Van Thai Street, Tan Phu Ward, District 7	Grade B
The Grace Tower	71 Hoang Van Thai Street, Tan Phu Ward, District 7	Grade B
Saigon Paragon Building	71 Hoang Van Thai Street, Tan Phu Ward, District 7	Grade B
Dai Minh Convention Tower	77 Hoang Van Thai Street, Tan Phu Ward, District 7	Grade B
Mapletree Business Centre	1060 Nguyen Van Linh Street, Tan Phong Ward, District 7	Grade B
VNPT Building	1487 Nguyen Van Linh Street, Tan Phong Ward, District 7	Grade C
IMV Center Building	87 Hoang Van Thai Street, Tan Phu Ward, District 7	Grade D

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.

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.

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.

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.

Office Segmentation	Rental rates (m²/month)
Grade A	From $35
Grade B	From $30 to $50
Grade C	Below $25

RSQUARE : Your Expert Real Estate Advisor
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E-mail : support@rsquare.vn	Phone : +84-28-3636-9641(VN,EN), +84-2-6925-3928(KR)

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RSQUARE : Your Expert Real Estate Advisor

RSQUARE : Your Expert Real Estate Advisor