Hanoi Class A is currently rising with 14.4% headline vacancy — trophy is structurally tighter than the broader market suggests.
Hanoi Class A is currently rising with 14.4% headline vacancy — trophy is structurally tighter than the broader market suggests.
Hanoi's broad Class A index reads 14.4% vacancy and trends rising. That headline masks a real bifurcation — trophy product (Ba Dinh) is structurally tight; older Class A and Class B carry the long tail. Cycle decisions should be made at the submarket and tier level, not at the headline.
For occupiers up at renewal: a softening market favours staying or relocating to better-quality stock at attractive terms. A tightening market favours early renewal and locking in expansion options.
| 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% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.