📈 Key Trends in 2026
• Expanding Supply – Pressure on Rental Prices
After 2025, many new Class A/B office buildings will be introduced — it is forecasted that from 2026 onwards, Ho Chi Minh City will add approximately 85,000 m² of new office space annually.
Consequences: Vacancy rates are expected to remain high, which will reduce significant upward pressure on rental prices.
• Stable Rent with Slight Increase – Narrow Margin
According to market reports, after a strong increase in 2025, average rental prices in Ho Chi Minh City are forecast to rise only by around 0.4%–0.5% annually from 2026.
Premium office buildings with high quality, international standards, green certifications, and modern amenities will maintain better rental rates than the rest.
• Changing Rental Demand – Preference for Flexible Offices & Non-CBD Areas
The hybrid work model (online + offline) is altering office rental demand: many companies are seeking smaller, more flexible spaces. Coworking, serviced offices, and flexible offices are becoming more popular.
The non-CBD areas / fringe areas (new urban areas, development zones) are expected to continue attracting tenants due to their lower rental costs and increasingly better infrastructure.
💡 Notable Office Segments & Buildings
- Class A offices with international standards, new buildings, green certifications, and modern amenities are still the main choice for large, multinational companies. These buildings offer the most stable rental prices.
- Class B/B- and B-/C offices in fringe or peripheral areas are the ideal choice for SMEs, startups, and small branches due to their lower rental rates and flexible options.
- Coworking / serviced offices / flexible offices will experience significant growth due to changing demand, making them a good fit for small businesses, remote teams, and startups.
- New development zones like non-CBD areas, new urban areas, and regions with new supply have great potential for more cost-effective rental options.
💡 New Buildings in 2026-2027:
- The Kross – Class A in the city center
Location: Saigon District, (District 1)
Scale: 36 floors, 5 basement levels, 1,040m² per floor – total of 35,515 m²
Green Certification: LEED Gold & WELL certified - Onehub Saigon Tower 2 – Class B+ in a high-tech area
Location: Tang Nhon Phu District (District 9)
Scale: 9 floors, 1,900m² per floor – total of 16,184 m²
Green Certification: LEED Silver - Millennial Tower – District 7
Location: Tan My District (District 7)
Scale: 24 floors, 4 basement levels, 2,300m² per floor – total of 44,487 m²
🧭 Suggested Leasing / Investment Strategies for 2026
| Goal / Need | Suggested Area / Segment |
|---|---|
| Large enterprises, need international image & standards | Class A in CBD or new, green-certified buildings with full amenities |
| SMEs / startups / small businesses – cost-saving needs | Class B/B- outside the CBD, older or fringe buildings |
| Flexible, easy to scale, minimal long-term commitment | Coworking / serviced offices / flexible offices |
| Cost and medium location priorities | Class B/C offices in non-CBD or developing fringe areas |
🔎 Conclusion
In 2026, the office market in Ho Chi Minh City is expected to stabilize, with no dramatic price increases due to a significant increase in supply and changes in company leasing behavior. Rent prices are unlikely to rise sharply, with growth rates expected to be under 1% per year. Flexibility, amenities, and strategic + cost-effective locations will be the key deciding factors. Companies that choose the right segments will gain an advantage.
For more information or requirements, please contact our SEE THE SPACE team directly for best support:
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