Binh Thanh District Office Market 2025
Overview by the 5 New Wards: Gia Dinh – Binh Thanh – Binh Loi Trung – Thanh My Tay – Binh Quoi
1) Gia Dinh Ward (merged 1 + 2 + 7 + 17)
Premium fringe-CBD area bordering District 1.
- Supply: Strong concentration of Grade A/B buildings along Dien Bien Phu; flexible leasing sizes from 50–1,000 m².
- Rental range:
- Grade A/B: $20–$35/m²/month
- Grade B/B+: $14–$26/m²
- Grade C/small offices: $7–$15/m²
- Notes: Heavy traffic and relatively high service charges in large towers.
Ideal for: companies requiring brand visibility, financial services, tech, and corporate HQs.
2) Binh Thanh Ward (merged 12 + 14 + 26)
Central part of the district with connections to Thu Duc City and District 2.
- Supply: Many mid-tier buildings, flexible small–medium offices; limited but present coworking spaces.
- Rental range:
- General: $8–$18/m²
- Prime Grade A/B near Landmark 81: $18–$35/m²
- Notes: Some buildings do not meet full international standards (MEP, elevators).
Ideal for: SMEs seeking cost–location balance.
3) Binh Loi Trung Ward (merged 5 + 11 + 13)
A more residential and affordable sub-market.
- Supply: Mostly Grade B/C offices, small buildings, officetels; few Grade A assets.
- Rental range: $8–$20/m²
- Notes: Limited high-end amenities; weaker corporate image.
Ideal for: startups, local businesses, cost-sensitive teams.
4) Thanh My Tay Ward (merged 19 + 22 + 25)
The core office hub of new-era Binh Thanh.
- Supply: Densest concentration of Grade A/B offices, coworking, serviced offices; key axes include Nguyen Huu Canh – Dien Bien Phu – Ung Van Khiem.
- Rental range: $18–$35/m² depending on building and location.
- Notes: Highly competitive market → pricing & terms fluctuate; parking demand is high.
Ideal for: tech firms, agencies, fintech, regional HQs — companies requiring premium image and rapid CBD/Thu Thiem access.
5) Binh Quoi Ward (merged 27 + 28)
Riverside sub-market, dominated by mixed-use residential/office developments.
- Supply: Small buildings, officetels, mid-size office floors; very limited Grade A.
- Rental range: competitive, lower–mid price tier.
- Notes: Not ideal for corporations needing international-standard facilities.
Ideal for: creative studios, flexible teams, smaller companies prioritizing price and flexibility.
Strategic Summary
| Area | Positioning | Best for |
|---|---|---|
| Thanh My Tay & Gia Dinh | Strategic, near CBD | Corporates, premium tenants, companies requiring strong address |
| Binh Thanh & Binh Loi Trung | Balanced price & convenience | SMEs, operations teams |
| Binh Quoi | Budget-friendly & flexible | Creative/remote teams, small offices, officetels |
Key Building Profiles
CII Tower – 152 Dien Bien Phu (Thanh My Tay) – Grade B+
- Sizes: 50–1,000 m²
- Rent: $26–28 + $5/m² service fee
- Strengths: exceptional dual frontage, modern design, fast access to District 1.
Pearl Plaza – 561A Dien Bien Phu (Thanh My Tay) – Grade B+
- Sizes: 90–1,600 m²
- Rent: ~$27 + $6/m² service fee
- Strengths: large-scale tower with mall, dining, strong reputation.
The Beacon – 14–16 Phan Dang Luu (Gia Dinh) – Grade B
- Sizes: 200–2,108 m²
- Rent: $24 + $6/m²
- Strengths: strong frontage, near CBD, large contiguous floors.
Long Tower – 101–103 Nguyen Cuu Van (Thanh My Tay) – Grade B
- Sizes: 150–428 m²
- Rent: $18–21.5 + $3.5/m²
- Strengths: affordable, suitable for SMEs.
Saigon View Building – 117 Nguyen Cuu Van (Thanh My Tay) – Grade B
- Sizes: 95–429 m²
- Rent: ~$22 + $4/m²
- Strengths: modern (built ~2020), excellent for creative/IT firms.
Opal Tower – 92 Nguyen Huu Canh (Thanh My Tay) – Grade B+
- Sizes: 100–655 m²+
- Rent: $24.5 + $4/m²
- Strengths: river/city views, new high-spec tower, strong corporate image.
Bottom Line
- For premium positioning → choose Gia Dinh or Thanh My Tay.
- For balanced budget vs. location → Binh Thanh or Binh Loi Trung.
- For maximum cost efficiency & flexibility → Binh Quoi.
Related articles:
- HCMC Grade A/B Office Market 2025 Forecast
- District 1 vs. Binh Thanh vs. Thu Duc – Office Comparison
