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Ho Chi Minh City is Vietnam’s most dynamic economic hub, home to corporations, retail chains, and startups. The demand for leasing business premises here is always high, especially in prime locations that help brands grow and expand.
Choosing the right business location not only increases customer reach but also optimizes operating costs and enhances professional brand image. In today’s highly competitive market, selecting the potential area is a crucial strategy for sustainable development.
1. Top 5 Potential Areas for Leasing Business Premises in Ho Chi Minh City
1.1 District 1
The commercial and administrative center with many office buildings, hotels, and shopping malls. Ideal for retail chains, foreign direct investment (FDI) businesses, and brands aiming to elevate their image.
1.2 District 3
Located between central and neighboring districts with wide roads and easy accessibility. Suitable for retail, coffee shops, and F&B models with a stable customer flow.
1.3 District 7
Home to Phu My Hung urban area, Crescent Mall, and SC Vivo City. The main customers are high-income residents and expats. Suitable for premium F&B, spas, and showrooms.
1.4 Binh Thanh District
A connecting area between the city center and the eastern districts, with dense residential areas. High traffic flow during peak hours and reasonable rental costs make it attractive for SMEs.
Business premises in Binh Thanh – an ideal choice for enterprises seeking expansion.
1.5 Thu Duc City
Known as the innovation hub, with many universities and the Saigon Hi-Tech Park. The main customer base includes students, office workers, and startups. Rental costs are affordable with strong long-term potential.
Business premises in Thu Duc – a young, vibrant market with high growth opportunities.
2. Rental Price & Customer Traffic Comparison
| Area | Rental Price (VND/m2/month) | Customer Traffic |
|---|---|---|
| District 1 | 1,960,000 – 4,900,000 | Very high: office workers, tourists, high-income customers |
| District 3 | 980,000 – 2,450,000 | Stable: residents, office workers, inter-district commuters |
| District 7 | 735,000 – 1,960,000 | High: upper-class residents, expats, young families |
| Binh Thanh | 490,000 – 1,470,000 | High: dense population, heavy traffic during peak hours |
| Thu Duc | 245,000 – 980,000 | Stable – High: students, office staff, young startups |
Note: These are common estimated prices. Actual rental costs vary depending on specific locations (main streets, alleys, shopping malls, or property size).
3. Strategies for Choosing the Right Business Premises
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Choose by business type: Define your model before renting. For example, F&B requires high foot traffic areas, while showrooms need proximity to shopping malls.
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Evaluate customer flow: Select premises near “hot spots” like malls, office buildings, or schools to maximize exposure.
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Consider rental and extra costs: Compare total expenses including rent, services, maintenance, and utilities to avoid unexpected overheads.
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Check legal transparency: Ensure clear contracts, proper permits, and compliance with local planning to avoid long-term risks.
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Optimize infrastructure: Choose premises with stable electricity, water, internet, and air-conditioning to support smooth operations.
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Expert support from A-Connection: Leverage A-Connection’s consultancy for strategic leasing, reducing risks, and maximizing investment efficiency.
Selecting the right business premises is a key factor that determines brand success. A-Connection is committed to accompanying enterprises, offering strategic locations, transparent legal procedures, modern infrastructure, and cost-optimized leasing solutions.
Read more: Business Premises – A Key to Brand Success
