Vivian Park Building, Saigon Hi-Tech Park, Thu Duc, Ho Chi Minh City

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Saigon Hi-Tech Park is home to many technology, manufacturing, and training companies. Businesses that need an office close to this ecosystem, with rental costs that are easy to control and flexible floor areas, often take note of Vivian Park Building on D11B Street.

This article gives an overview of the building, its location, technical specifications, strengths, and the types of businesses it suits.

Overview of Vivian Park Building

Vivian Park Building is located at Lots T5-2 and T6, D11B Street, Saigon Hi-Tech Park, Tang Nhon Phu Ward, Ho Chi Minh City (formerly Thu Duc City, in the former District 9 area). According to brokers, the building was completed in 2017.

Key information:

• Address: Lots T5-2 and T6, D11B Street, Saigon Hi-Tech Park, Tang Nhon Phu Ward, Ho Chi Minh City.
• Scale: 5 above-ground floors, with a total construction floor area of about 5,805 m².
• Segment: Grade C office, according to the classification of some brokers.
• Reference leasable area: from about 85 to 544 sqm (options of 85, 108, 164, 272, and 544 sqm).
• Reference rent: about $17/sqm/month.

Note: information on price, vacant area, and grade is taken from public broker websites and may change. Prices may not include management fees and VAT.

Location and connectivity

Vivian Park is in the heart of Saigon Hi-Tech Park, close to many major technology companies such as Samsung Electronics. There are many universities nearby (including FPT University), which helps with recruiting young talent and with research and development partnerships.

• Right inside Saigon Hi-Tech Park.
• 16 km travel to Ho Chi Minh City center.
• 55 km travel to Long Thanh International Airport.
• Saigon Hi-Tech Park has Metro Line 1 with High Tech Park Station, giving staff another way to commute.

Building specifications and amenities

According to public information, Vivian Park has the following specifications:

• 2 elevators.
• Ceiling-mounted air conditioning.
• Ceiling height of about 2.7 m.
• Backup power.
• 2 separate men's and women's restrooms on each floor.
• Building operating hours: 7:30 to 18:00 (Monday to Friday) and 7:30 to 12:00 (Saturday).
• Building parking lot.

Strengths of Vivian Park Building

1. A location in the technology ecosystem

Located right inside Saigon Hi-Tech Park, the building suits software, technology, research, and training companies that want to be close to partners, customers, and quality talent.

2. Flexible floor areas

With areas ranging from a few dozen to a few hundred square meters, the building suits both small teams and businesses that need to expand gradually as headcount grows.

3. Reasonable rental cost

With a reference price of about 16 to 17 USD/sqm/month, the building is a balanced choice for businesses that want an office in the hi-tech park without paying the rents of higher-grade buildings. When comparing, look at the total cost, including management fees, parking, electricity, water, and VAT.

Need advice and an on-site survey?

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