Cho Thuê Văn Phòng TPHCM & Hà Nội - Tư Vấn Miễn Phí | Office & Industrial Real Estate Vietnam

Advisory Perspective from SEE THE SPACE

In Ho Chi Minh City, the period following the Lunar New Year is consistently regarded as a pivotal phase in the office leasing market. This is when businesses enter a new operating cycle and begin making strategic decisions regarding their workplace and long-term operations.

Based on extensive advisory experience with both local and international companies, SEE THE SPACE observes a clear increase in office site inspections and lease commitments from February to April (lunar calendar). During this period, companies aim to stabilize their organizational structure quickly and execute early-year business plans without operational disruption.

SEE THE SPACE is an independent advisory firm specializing in office leasing in Ho Chi Minh City.
We partner with businesses throughout each stage of growth—helping them select the right space, within the right budget, aligned with long-term strategy, rather than simply “finding available offices.”

What Are Businesses Looking for After Tet?

Tenants today are no longer searching for “just an empty office.” Instead, they seek workspace solutions that support both current operations and future growth. Common post-Tet requirements include:

Relocating to upgrade corporate image
Optimizing rental costs while maintaining building quality and amenities
Flexible floor areas with expansion potential over the next 2–3 years
Fast handover timelines to avoid business interruption

From SEE THE SPACE’s advisory perspective, most post-Tet tenants already have a defined budget but require professional guidance to avoid emotional decisions or long-term cost inefficiencies.

Key Office Relocation Trends

After Tet, the market shows several notable trends:

Migration from older buildings to Grade B+ and A- offices
Preference for fringe-central areas such as Binh Thanh, District 2, District 7, as well as core locations in Districts 1 and 3
Increased focus on operational efficiency, parking capacity, and surrounding amenities rather than traditional “CBD-only” positioning

New supply entering the market gives tenants stronger negotiating power—when supported by accurate data and timely advisory insight.

A Favorable Window for Lease Negotiation

From an advisory standpoint, SEE THE SPACE identifies the post-Tet period as an optimal time to negotiate:

Landlords are generally more flexible on rental rates and lease terms
Incentives such as rent-free periods, fit-out support, and flexible lease structures are more attainable
High-quality spaces re-enter the market following tenant restructuring

👉 Companies that conduct early site inspections and work with an experienced advisor can significantly optimize total occupancy costs over the full lease lifecycle.

The Role of Office Leasing Advisory | SEE THE SPACE

In a market offering abundant choices, SEE THE SPACE focuses on:

Analyzing real operational needs and future expansion plans
Shortlisting buildings that best align with budget, efficiency, and brand positioning
Representing tenants in negotiations to secure favorable commercial terms
Supporting clients from initial survey through negotiation and final handover

Right Space. Right Budget.
The right workspace – cost efficiency – confident decisions.

SEE THE SPACE’s Conclusion

Post–Lunar New Year office demand in Ho Chi Minh City is not only increasing in volume, but also requiring a higher level of advisory quality. Businesses that choose the right timing, the right space, and the right advisory partner will establish a solid operational foundation for the year ahead.

With deep market knowledge of Ho Chi Minh City and key submarkets, SEE THE SPACE delivers practical advisory insight, up-to-date market data, and flexible solutions—helping businesses make effective leasing decisions after each market cycle.