Binh Thanh & An Phu is a prime-tier Class A submarket of Ho Chi Minh City with average asking rent around ₫800,000/sqm/mo · ≈ $34.8 PSF/yr USD.
Tech and tech R&D belt. · Tier: prime · Avg rent: ₫800,000/sqm/mo · ≈ $34.8 PSF/yr USD
Binh Thanh and An Phu anchor HCMC's tech R&D belt — deep startup and tech tenancy and the Vinhomes Central Park district.
Tech, R&D, tech services, hospitality.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Tan Cang (Metro Line 1), An Phu (Metro Line 1).
Multi-modal transit captures the metro's principal professional catchment.
Vinhomes Central Park, Landmark 81.
Binh Thanh & An Phu is one of 5 Class A submarkets we cover in Ho Chi Minh City, classified as prime tier with an average asking rent around ₫800,000/sqm/mo · ≈ $34.8 PSF/yr USD. Compared with the broader Ho Chi Minh City Class A stock, Binh Thanh & An Phu typically attracts Tech, R&D, tech services, hospitality and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Binh Thanh & An Phu: District 1, Thu Thiem (District 2), District 7 (Phu My Hung), District 3. The full Ho Chi Minh City submarket atlas is at /cities/ho-chi-minh-city.
For an institutional Class A occupier evaluating Binh Thanh & An Phu, 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 Ho Chi Minh City Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.