Phu My Hung Office Market: Grade A Buildings & 2027 Supply l SEE the SPACE

Phu My Hung Is Forming a Premium Office Cluster in Southern Ho Chi Minh City

Phu My Hung is entering a new stage of development, marked by the increasingly visible presence of premium office buildings and commercial developments. Alongside buildings already in operation, new supply expected in 2026–2027 is set to further elevate the Phu My Hung International Financial and Business Center.

In particular, as connectivity between Phu My Hung, downtown Ho Chi Minh City and Thu Thiem continues to improve, the area has a growing opportunity to develop into an important business hub in the southern part of the city.

SEE the SPACE helps businesses search for and select premium offices, office buildings and commercial space in Phu My Hung that match their needs in terms of location, area, budget and brand image.

Phu My Hung Is Forming a New Office Market

For many years, Phu My Hung has been known for its well-planned urban development, synchronized infrastructure, and well-developed commercial and service systems.

However, the market is undergoing a notable shift as premium offices increasingly become a key part of the area's structure.

New buildings are not only offering office space but are also focusing on:

• Modern architectural design.
• Professional lobbies.
• Elevator systems.
• Central air conditioning.
• Fire safety systems.
• Parking.
• Professional facility management.
• Amenities for tenants.
• Brand visibility.

This is helping Phu My Hung gradually form its own office cluster, rather than being seen simply as a secondary office market supporting the city center.

Notable Office Buildings in Phu My Hung

The Phu My Hung market already features a number of office buildings of varying quality and scale.

Notable buildings include:

UOA Tower

UOA Tower is one of the standout office buildings on Tan Trao Street, located within the Phu My Hung International Financial and Business Center.

The building targets corporate tenants that need professional workspace in the southern area while also wanting access to the surrounding commercial and service system.

Cobi Tower 1 & 2

Cobi Tower is a modern office cluster located on Street No. 8 in Phu My Hung.

With modern design and a location within a developed commercial area, Cobi Tower is suitable for service, technology, trading companies and representative offices.

Phu My Hung Tower

Phu My Hung Tower is located on Hoang Van Thai Street, in the central area of Phu My Hung.

This location offers an advantage in terms of access to main roads, commercial areas and the service system available to businesses.

Mapletree Business Centre

Mapletree Business Centre is one of the notable office buildings in Phu My Hung, located within the International Financial and Business Center.

The building is developed to modern office standards, suitable for businesses in finance, technology, professional services, and international companies that need a premium office address in southern Ho Chi Minh City.

The presence of Mapletree Business Centre helps reinforce Phu My Hung's position as an office destination outside the traditional CBD.

CMC Creative Towers

CMC Creative Towers is a notable office project aimed at the technology business community and modern service industries.

The emergence of CMC Creative Towers also reflects a new trend in Phu My Hung: developing not only traditional leased office space but also attracting technology companies, creative businesses, and companies that need modern working spaces.

Together with existing buildings, this project is helping diversify the Phu My Hung office market in terms of both quality and tenant profile.

Hungfu – New Supply Expected to Be Handed Over in Q2 2027

Hungfu is one of the notable pieces of new supply set to enter the Phu My Hung office market in the coming period.

The project is expected to be handed over in Q2 2027, adding another premium office option for businesses planning to expand or relocate within the area.

With a projected handover in 2027, Hungfu could become one of the projects worth watching for businesses seeking new-generation office space in Phu My Hung.

M Building

M Building is located in Area A, Phu My Hung, and is a notable option for businesses that need office space in the southern area.

The presence of multiple buildings such as UOA Tower, Cobi Tower, Phu My Hung Tower, Broadway Office Building and M Building is creating a relatively complete office system for the area.

New Supply Continues to Take Shape

Overall, the market is forming an office system spanning several generations of buildings:

UOA Tower → Cobi Tower → Phu My Hung Tower → Broadway Office Building → M Building → Mapletree Business Centre → CMC Creative Towers → Hungfu Tower

The combination of operating buildings and new 2026–2027 supply will give businesses more choices in terms of area, building standards, location and budget.

This is also a sign that Phu My Hung is gradually transforming into a premium office cluster of considerable scale in southern Ho Chi Minh City.

2027: More Large-Scale Projects to Drive the Area Forward

Moving into 2027, Phu My Hung is expected to see further large-scale developments.

According to published information, an Art Center with a total investment of around USD 30 million, and a premium healthcare center developed in partnership with the Tam Anh General Hospital System, are both expected to become operational in 2027.

Although these are not office buildings, their presence could add further appeal to the International Financial and Business Center.

A well-developed office area needs more than attractive buildings — it also needs a sufficiently strong surrounding ecosystem:

Office + Retail + Hospitality + Convention + Business Services

Phu My Hung is gradually forming this ecosystem.

Connectivity with Thu Thiem: A New Growth Driver

One of the most notable factors for the future of Phu My Hung is its improving connectivity with Thu Thiem and downtown Ho Chi Minh City.

In the past, Phu My Hung had a clear advantage in the southern area, but its distance from the economic centers in the east meant the area functioned somewhat as a separate market.

As inter-regional transport infrastructure continues to improve, the corridor:

Phu My Hung → downtown Ho Chi Minh City → Thu Thiem

may become significantly more convenient.

This carries major implications for the office market.

Businesses can choose Phu My Hung to take advantage of building quality, the business environment, amenities and access to the southern area, while still maintaining connectivity to the city's other economic centers.

Could Phu My Hung Become a Southern Office Hub?

This is a trend worth watching in the coming years.

Phu My Hung already has several foundational elements in place:

• An existing office system.
• The International Financial and Business Center.
• An exhibition and convention center.
• A commercial system.
• Restaurants and services.
• New office buildings.
• Continuously developing new supply.
• Connectivity to other economic areas of Ho Chi Minh City.

According to information from Phu My Hung, the International Financial and Business Center already comprises more than 50 buildings, including high-rises, office blocks, exhibition centers, and cultural–administrative facilities.

With new supply continuing to emerge, the area has the foundation to develop into a business district in southern Ho Chi Minh City.

Why Grade A and Premium Offices Have Strong Potential

Today's business needs go beyond simply finding office space.

Especially for international companies, technology firms, financial institutions, consulting and law firms, and other professional service industries, the office is also part of the brand image.

Factors that are receiving increasing attention include:

Building quality Architectural quality and technical standards.

Building management Professional operations and management systems.

Accessibility Access by car, public transport, and main roads.

Parking The ability to meet the parking needs of staff and visitors.

Amenities Surrounding restaurants, hotels, convention facilities and commercial services.

Brand image A premium office address can help enhance a company's brand image.

These are exactly the factors creating room for growth in the premium office segment in Phu My Hung.

How Is Phu My Hung Different from the Downtown CBD?

One advantage of Phu My Hung is that businesses don't necessarily have to trade off space quality for location.

Compared with the traditional CBD, Phu My Hung has a relatively complete urban structure, with office, commercial and service buildings concentrated within the same area.

This creates a highly integrated working environment.

For businesses that are not required to be located in the District 1 city center, Phu My Hung can be a worthwhile option for a premium office outside the CBD strategy.

SEE the SPACE – Find Premium Offices in Phu My Hung

With new buildings continuing to emerge, choosing an office in Phu My Hung increasingly calls for a comprehensive evaluation.

SEE the SPACE helps businesses search for and compare office space, premium offices, and commercial buildings in Phu My Hung.

Criteria worth considering include:

• Building location.
• Leasable area.
• Building standards.
• Rental price.
• Management fees.
• Parking availability.
• Fire safety systems.
• Air conditioning.
• Management quality.
• Surrounding amenities.
• Brand visibility.
• Connectivity to the city center and Thu Thiem.

In particular, with new supply arriving in 2026–2027, businesses planning to relocate or expand can proactively survey the market early to have more options available.

Phu My Hung Is Entering a New Stage of Development

Phu My Hung is gradually shifting from a southern urban area into a business and commercial destination playing an increasingly clear role in Ho Chi Minh City's economic structure.

Existing office buildings such as UOA Tower, Cobi Tower, Phu My Hung Tower, Broadway Office Building and M Building have laid the foundation for the office market.

Meanwhile, new supply arriving in 2026 and major projects expected to be completed in 2027 will continue to add appeal to the International Financial and Business Center.

If connectivity between Phu My Hung, downtown Ho Chi Minh City and Thu Thiem continues to improve, the area has the potential to become a premium office hub in the south — complementing the traditional CBD rather than competing directly with it.

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