Quick reference: Hanoi Class A rent is 312 USD/sqft ($312 USD), typical term 5 years, 6 months free.
Class A rent: 312 USD/sqft/yr ($312 USD).
Typical term: 5 years.
Typical rent-free: 6 months.
Vacancy: 14.4%.
Hanoi Class A office: frequently asked questions
Quick reference: Hanoi Class A rent is 312 USD/sqft ($312 USD), typical term 5 years, 6 months free.
TL;DR
Class A rent: 312 USD/sqft/yr ($312 USD).
Typical term: 5 years.
Typical rent-free: 6 months.
Vacancy: 14.4%.
Quick reference
Use this page as the fast-answer reference for Hanoi. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
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%
Frequently asked questions
How does Hanoi compare to Ho Chi Minh City?
Hanoi is materially smaller than HCMC as a Class A market and offers ~15-25% rent discount. Government and FDI manufacturing depth is stronger; financial services depth is shallower.
What is the role of Korean FDI?
Material. Samsung Electronics' Vietnam operations (Bac Ninh and Thai Nguyen plants) anchor a deep Korean FDI cluster. Korean banks, manufacturing supply-chain partners, and trading houses maintain HQs in Hanoi.
What is the impact of the metro rollout?
Metro Line 2A (Cat Linh - Ha Dong, opened 2021) and Line 3 (Nhon - Hanoi Station, partially open 2024) are reshaping Hanoi commute economics. Continued metro rollout will materially affect submarket rent dynamics through 2030.