# Ho Chi Minh City to add 233,000 sqm of office space by 2030

- **Source:** Real Estate Asia
- **Published:** 2026-08-18T22:36:10.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-office/news/ho-chi-minh-city-add-233000-sqm-office-space-2030
- **Topics:** Commercial & Industrial

## Featured rationale

The sizeable pipeline and tenants’ preference for new premium space could intensify competition, pressuring existing landlords to adjust rents and leasing strategies to retain occupiers.

## AI summary

Ho Chi Minh City’s Grade A office pipeline includes over 32,000 sq m in H2 2026 and a further 233,000 sq m between 2027 and 2030.

## Original article

Only one major project will add over 32,000sqm in H2 2026.

Ho Chi Minh City's Grade A office market maintained positive momentum in the second quarter of 2026, with net absorption reaching 8,300 sq m and taking the first-half total to 11,700 sq m, according to JLL.

With no new Grade A office completions during Q2, total supply remained unchanged at 663,600 sq m. JLL said leasing activity in the first half was concentrated largely at Saigon Marina IFC, which was completed in 2025, with relocations driving demand. Financial services, real estate, technology and professional services were the main sources of occupier activity.

Limited new supply and continued improvements in occupancy, particularly in the CBD, helped reduce overall vacancy. The CBD Grade A vacancy rate fell to 17.6% at the end of June, down 1.2 percentage points from the previous quarter, JLL reported.

Rents remained stable, with net effective rents at USD 50.3 per sq m per month in the CBD and USD 26 per sq m per month in non-CBD locations. JLL said the nearly two-fold rental differential highlights tenants' continued willingness to pay a premium for CBD locations, reflecting preferences for accessibility, location and brand prestige.

The near-term supply outlook, however, points to rising competition. JLL said The Kross is the only major project expected to complete in 2026, adding more than 32,000 sq m of leasable office space to the CBD in the second half. A further 233,000 sq m is expected to enter the market between 2027 and 2030.

JLL expects tenants' continued preference for new, premium office space, combined with the sizeable supply pipeline over the next three to five years, to intensify competition among existing buildings. Landlords are likely to face greater pressure to adjust rental and leasing strategies to attract and retain occupiers.

## Chinese translation

> Translation model: grok_cli

### 胡志明市至2030年将新增23.3万平方米写字楼空间

2026年第二季度，胡志明市甲级写字楼市场保持积极势头，净吸纳量达8300平方米，使上半

2026年下半年仅有一个主要项目将新增逾3.2万平方米。

仲量联行（JLL）称，2026年第二季度胡志明市甲级写字楼市场保持积极势头，净吸纳量达8300平方米，使上半年累计达1.17万平方米。

由于第二季度无新增甲级写字楼竣工，总供应维持不变，为66.36万平方米。仲量联行表示，上半年租赁活动主要集中在2025年竣工的西贡滨海国际金融中心（Saigon Marina IFC），搬迁带动了需求。金融服务、房地产、科技及专业服务是租户活动的主要来源。

新增供应有限以及尤其是中央商务区入住率持续改善，有助于降低整体空置率。仲量联行报告称，截至6月底，中央商务区甲级空置率降至17.6%，较上一季度下降1.2个百分点。

租金保持稳定，中央商务区净有效租金为每月每平方米50.3美元，非中央商务区为每月每平方米26美元。仲量联行表示，近两倍的租金差距凸显租户仍愿意为中央商务区区位支付溢价，反映出对可达性、区位与品牌声望的偏好。

不过，短期供应展望指向竞争加剧。仲量联行称，The Kross是2026年唯一预计竣工的主要项目，将于下半年为中央商务区新增逾3.2万平方米可租赁写字楼空间。另有23.3万平方米预计在2027至2030年间入市。

仲量联行预计，租户持续偏好新建高端写字楼空间，加上未来三至五年可观的供应管道，将加剧现有楼宇之间的竞争。业主可能面临更大压力，需调整租金与租赁策略以吸引并留住租户。