Ba Dinh is a trophy-tier Class A submarket of Hanoi with average asking rent around $360/sqm/yr · ≈ $33.4 PSF/yr USD.
Government and trophy core. · Tier: trophy · Avg rent: $360/sqm/yr · ≈ $33.4 PSF/yr USD
Ba Dinh anchors Hanoi's principal government and trophy Class A core. Lotte Center Hanoi, Vietcombank Tower, Capital Place, and a deep banking, government, and embassy tenancy.
Government, banking, embassies, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Hanoi Metro Line 3 (Cat Linh, Hanoi Station planned).
Multi-modal transit captures the metro's principal professional catchment.
Ba Dinh Square, Ho Chi Minh Mausoleum, Lotte Center retail.
Ba Dinh is one of 5 Class A submarkets we cover in Hanoi, classified as trophy tier with an average asking rent around $360/sqm/yr · ≈ $33.4 PSF/yr USD. Compared with the broader Hanoi Class A stock, Ba Dinh typically attracts Government, banking, embassies, professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Ba Dinh: Cau Giay, Hoan Kiem, West Lake / Tay Ho, Dong Anh / Bac Ninh Corridor. The full Hanoi submarket atlas is at /cities/hanoi.
For an institutional Class A occupier evaluating Ba Dinh, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Hanoi Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.