Finding an office space that fits within a budget of 20–50 million per month is a common challenge for small and medium-sized businesses, startups, and representative offices of multinational companies in Ho Chi Minh City. With this budget—equivalent to 1,480,000 to 1,4,200,000 per month—you can secure flexible workspace ranging from 40 m² to 200 m², depending on the location and building category.
Office rental models in Ho Chi Minh City with a budget of 20 – 50 million VND.
Model 1: Traditional office leasing.
- Prices range from $12 to $25 per month (excluding VAT and service fees).
- The District 1 and former District 3 areas usually have rentable areas ranging from 35m² to 70m²² in medium-scale Grade C or Grade B buildings.
- Near-center areas such as Binh Thanh, Phu Nhuan, and District 4 (former) can rent spaces ranging from 70m² to 150m² in Grade C+ and Grade B buildings.
- City fringe areas like Tan Binh, Tan Phu, and District 7 have available rental spaces ranging from 120m² to 200m².
Pros/Cons: Freedom to design the space according to brand identity and complete privacy, but with initial interior fit-out design costs and monthly operating expenses.
Model 1: Serviced Office Rental (Co-working Space).
- Price ranges from 2,500,000 to 5,500,000 VND/month.
- Fully meeting the capacity of 1 to 300 seats for businesses.
- Private office, fully equipped with desks and chairs, air conditioning, wifi, receptionist, pantry, and meeting rooms in prime Grade A/B buildings in District 1 and District 3.
Pros/Cons: All costs are wrapped into a fixed price, with no construction costs, allowing you to move in and start working immediately, though the space has a low level of personalization.
List of office buildings within the 20 – 50 million VND/month budget in HCMC
| Serial Number | Building | Address | Segment | Rental Rate ($/m²) |
| 1 | DATC Building | 154 Nam Ky Khoi Nghia Street, Saigon Ward | Class C | $15 – $25 |
| 2 | Empire Tower | 26 Ham Nghi, Saigon Ward | Class C | $15 – $22 |
| 3 | PaxSky Truong Dinh | 13-15-17 Truong Dinh Street, Xuan Hoa Ward | Class C | $6 – $15 |
| 4 | MORE Le Quoc Hung | 54 – 56 Le Quoc Hung, Xom Chieu Ward | Class C | $6 – $15 |
| 5 | LMak The Venture | 62 Tran Huy Lieu, Phu Nhuan Ward | Class B | $8 – $17 |
| 6 | MACH 364 | 364 Ung Van Kiem Street, Thanh My Tay Ward | Class C | $6 – $10 |
| 7 | More S1 Building | 708-720 Dien Bien Phu, Thang My Tay Ward | Class C | $6 – $14 |
| 8 | Park IX Building | 8 Phan Dinh Giot, Tan Son Hoa Ward | Class B | $10 – $20 |
| 9 | ETOWN | 364 Cong Hoa, Tan Binh Ward | Class A | $15 – $21 |
Note: The rental rates listed above do not include 10% VAT and management fees.
Expenses to keep in mind when renting an office building
When looking for serviced offices for rent in Ho Chi Minh City with a budget of 20 million VND, businesses need to understand how to calculate the total cost to avoid exceeding their monthly budget.
TOTAL MONTHLY COST = (Area x (Rental rate + Management fee) + VAT) + Operating cost
- Management fee: The fee ranges from $2 to $5 per square meter per month for Class C/B buildings. This fee covers security, cleaning of common areas, hallway electricity, and elevator operation.
- Area (Gross vs Net): Determine whether the area included in the quote is Gross (including hallways and restrooms) or Net (usable floor area). The ratio ranges from 10% to 20%.
- Parking fee: Cars ($60 – $150 per vehicle per month), motorcycles ($5 – $12 per vehicle per month). With a staff of 15–20 employees, motorcycle expenses may increase by an additional 2–3 million per month.
- Electricity, water, wifi, etc.
Find a standard office within your budget with Galaxy Office
Team Galaxy Office - a reputable office for lease consulting and service provider in Ho Chi Minh City. Supporting businesses in resolving all issues regarding prices and office lease contracts in HCMC.
Contact us immediately at Galaxy Office To get a quote & the latest available office building list today:
Contact information:
- Headquarters: 9th Floor, Diamond Plaza Building, 34 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City.
- Branch: 4th Floor, Van Loi Building, 24 Dang Thai Mai Street, Ward 7, Phu Nhuan District, Ho Chi Minh City.
- Hotline: 0939.663.882
- Email: info@galaxyoffice.vn
