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Cushman & Wakefield: Ho Chi Minh City Grade A office occupancy rises to 89.8% as supply stays tight

PUBT·09/17/2026 06:35:49
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Cushman & Wakefield: Ho Chi Minh City Grade A office occupancy rises to 89.8% as supply stays tight
  • Cushman & Wakefield flagged a tightening Ho Chi Minh City office market in Q2 2026, with no new supply in core or expanded areas.
  • Occupancy rose in the core area to 89.8% for Grade A, 91.3% for Grade B; net absorption reached 14,458 sq m.
  • Average rents slipped to USD 53.2 per sq m per month for Grade A, USD 33.3 for Grade B, with incentives sustaining tenant leverage.
  • “Flight-to-quality” demand shifted toward workplace experience, operational standards, technology, transit access, hybrid-work support; weaker Grade A assets risk falling behind.
  • Expanded markets posted modest gains, with occupancy at 82.7% in Binh Duong, 87.9% in BR-VT; rents held at USD 20.2, rose to USD 10.4.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cushman & Wakefield Ltd. published the original content used to generate this news brief on September 17, 2026, and is solely responsible for the information contained therein.