Certified Class A buildings in Hanoi now command a measurable rent premium and are the default expectation for institutional tenants signing 10-year leases.
Certified Class A buildings in Hanoi now command a measurable rent premium and are the default expectation for institutional tenants signing 10-year leases.
Hanoi's trophy inventory is overwhelmingly certified — LEED Gold/Platinum in markets that follow USGBC, BREEAM Excellent/Outstanding in UK and parts of EMEA, CASBEE in Japan, Green Mark in Singapore. Notable certified Hanoi buildings include Lotte Center Hanoi, Keangnam Hanoi Landmark Tower, Vietcombank Tower.
Across major Tier 1 markets, certified Class A buildings command a 5–15% rent premium versus equivalent uncertified stock. The premium is largest at the top of the curve (Platinum vs. uncertified Class A) and narrows in mid-tier comparisons.
In a Class A LOI, ask for: (1) current certification status and pathway to renewal, (2) operational energy intensity (kWh/sqm/yr) over the trailing 24 months, (3) green-lease provisions covering data sharing, and (4) tenant fit-out">fit-out alignment with the building's certification. Vietnamese gross structure (rent inclusive of management fees). Rents typically quoted in USD/sqm/month and paid in VND at official FX. 3-5 year terms standard. Rent-free of 4-8 months on 5-year terms plus USD 200-400/sqm TI typical.
| city | Hanoi |
|---|---|
| country | Vietnam |
| region | APAC |
| classARentLocal | 312 USD/sqft/yr |
| classARentUsd | $312/sqft/yr |
| vacancy | 14.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 7.6% |
| trophySubmarket | Ba Dinh |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.