Service charge and operating expenses in Ho Chi Minh City typically add 20–35% on top of base rent for institutional Class A buildings.
Service charge and operating expenses in Ho Chi Minh City typically add 20–35% on top of base rent for institutional Class A buildings.
In Ho Chi Minh City, the standard Class A service charge covers cleaning, security, lobby and reception, MEP maintenance, lift servicing, lobby HVAC, exterior cleaning, and shared-amenity costs. Property taxes and insurance are often passed through separately.
Negotiate annual caps on controllable OpEx (typically 3–5% over a base year). Uncontrollable categories (utilities, taxes) are usually uncapped but should still be itemised. Audit rights matter — secure them.
| city | Ho Chi Minh City |
|---|---|
| country | Vietnam |
| region | APAC |
| classARentLocal | 1500000 VND/sqft/yr |
| classARentUsd | $59/sqft/yr |
| vacancy | 7.4% |
| typicalLeaseYears | 3 |
| typicalRentFreeMonths | 4 |
| submarkets | 5 |
| primeYieldPct | 6.4% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.