Thu Thiem (District 2) is a trophy-tier Class A submarket of Ho Chi Minh City with average asking rent around ₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD.
New financial centre frontier. · Tier: trophy · Avg rent: ₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD
Thu Thiem in District 2 is HCMC's master-planned new financial centre — The Hallmark trophy delivery 2024 anchors a deep planned Class A pipeline.
Banking, financial services, multinational HQs, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Future Metro Line 2 (Thu Thiem extension); BRT.
Multi-modal transit captures the metro's principal professional catchment.
Thu Thiem Bridge, Thu Thiem Eco-Smart City.
Thu Thiem (District 2) is one of 5 Class A submarkets we cover in Ho Chi Minh City, classified as trophy tier with an average asking rent around ₫1,400,000/sqm/mo · ≈ $60.9 PSF/yr USD. Compared with the broader Ho Chi Minh City Class A stock, Thu Thiem (District 2) typically attracts Banking, financial services, multinational HQs, professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Thu Thiem (District 2): District 1, District 7 (Phu My Hung), 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 Thu Thiem (District 2), 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 trophy 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.