District 7 (Phu My Hung) is a prime-tier Class A submarket of Ho Chi Minh City with average asking rent around ₫900,000/sqm/mo · ≈ $39.1 PSF/yr USD.
Master-planned suburban Class A. · Tier: prime · Avg rent: ₫900,000/sqm/mo · ≈ $39.1 PSF/yr USD
Phu My Hung in District 7 anchors HCMC's master-planned suburban Class A market — Mapletree Business City, deep Korean and Japanese tenant base.
Tech, manufacturing HQs, Korean and Japanese multinationals, BPO.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Bus only; future Metro Line 4.
Multi-modal transit captures the metro's principal professional catchment.
Crescent Mall, SC VivoCity, Phu My Hung Park.
District 7 (Phu My Hung) is one of 5 Class A submarkets we cover in Ho Chi Minh City, classified as prime tier with an average asking rent around ₫900,000/sqm/mo · ≈ $39.1 PSF/yr USD. Compared with the broader Ho Chi Minh City Class A stock, District 7 (Phu My Hung) typically attracts Tech, manufacturing HQs, Korean and Japanese multinationals, BPO and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside District 7 (Phu My Hung): District 1, Thu Thiem (District 2), District 3, Binh Thanh & An Phu. The full Ho Chi Minh City submarket atlas is at /cities/ho-chi-minh-city.
For an institutional Class A occupier evaluating District 7 (Phu My Hung), 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.